Businesses wary of border closure

Thais and Cambodian tourists travel freely across the border at a checkpoint linking Trat province with Cambodia’s Koh Kong. Thai officials yesterday threatened to close the borders as a diplomatic row between the two countries continues to escalate. JAKKRIT WAEWKLAIHONG

Protecting people and assets the concern

7/11/2009
Bangkok Post

Amid the rising tension after fugitive former prime minister Thaksin Shinawatra's appointment as an economic adviser to Cambodia, Thai businesses are highly concerned about the safety of their people and assets, but they say closing the borders should be a last resort.

Thailand's national energy flagship PTT has valuable assets in Cambodia and is monitoring developments closely. Should violence occur, it said its assets in the country would be protected by the Royal Thai Navy.

"So far we are in alarm mode since we have facilities worth billions of baht in Cambodia, even though they are located in areas far from conflict," said Kampong Kittitornkul, vice-president for international marketing.

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