&w=3840&q=100)
Thailand, Cambodia agree on midnight ceasefire, says Malaysia's PM
Anwar said the agreement marked a mutual understanding between both nations to work towards restoring peace and stability after days of escalating violence.
'Cambodian Prime Minister Hun Manet and Thai Acting Prime Minister Phumtham Wechayachai have agreed to an immediate and unconditional ceasefire with effect from... midnight of July 28,' Anwar said at a joint press briefing, reported the Associated Press.
At the conclusion of the meeting, both leaders shook hands and welcomed the outcome.
What triggered the escalation
The recent round of violence began on July 24 after a land mine exploded near the Thailand-Cambodia border, injuring five Thai soldiers. The two countries exchanged blame for the incident, which quickly escalated into armed conflict.
So far, the fighting has killed at least 35 people and forced over 260,000 residents to flee border regions. The toll includes 13 civilian deaths in Thailand and eight in Cambodia.
In reaction to the clashes, both countries withdrew their ambassadors. Thailand shut all northeastern border crossings, making exceptions only for Cambodian migrant workers returning home.
Blame game over civilian casualties
Cambodia has strongly denied allegations that it targeted civilians during the conflict. Instead, it accused Thailand of endangering lives and called on the international community to condemn what it termed as Thai aggression.
Despite talks of de-escalation, skirmishes continued on Monday, with reports of gunfire heard in Cambodia's Oddar Meanchey province near the town of Samrong, according to the Associated Press.
Malaysia, Asean stress ceasefire as top priority
Malaysian Prime Minister Anwar Ibrahim emphasised that the most urgent priority was the ceasefire, though both countries were expected to present their respective peace proposals. "Our focus is to end the violence immediately," he said.
On July 27, US President Donald Trump weighed in on the situation, calling it 'an easy one' to resolve. 'We're dealing with Thailand, and we do a lot of trade with Thailand and with Cambodia, and yet I'm reading that they're killing each other... I say this should be an easy one for me,' he said, drawing comparisons to the recent India-Pakistan conflict, which he claims to have resolved.
Thousands displaced as tensions simmer
The clashes have forced over 200,000 people to evacuate on both sides of the border. Many of them remain in temporary shelters, awaiting further directions from military and civil authorities.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
First Post
2 hours ago
- First Post
Is China shifting its export destinations amid Trump's tariff antics?
Even in the wake of US President Donald Trump's tariffs, Chinese exports have continued to expand as it has shifted its exports away from the United States to elsewhere, particularly Southeast Asia. The evidence suggests that international trade continues to expand but is increasingly bypassing the United States. read more Even in the wake of US President Donald Trump's tariffs, Chinese exports have continued to expand, and the international trade has also increased. Chinese exports in July grew at 7.2 per cent, surpassing the expected growth of 5.4 per cent. The evidence suggests that Chinese exports as well as the international trade has continued to expand, but it is increasingly bypassing the United States, suggesting that countries are looking for alternatives for exports and imports and are minimising exposure to the US market. STORY CONTINUES BELOW THIS AD China turns to Southeast Asia amid Trump's tariff war There is also indication that China has frontloaded exports to non-US markets for 'transshipment' to the United States before the start of tariffs. The trade data suggests that the Southeast Asian markets play an ever more important role in US-China trade, Xu Tianchen, a senior economist at the Economist Intelligence Unit, told Reuters. 'I have no doubt Trump's transshipment tariffs are aimed at China, since it was already an issue during Trump 1.0. China is the only country for which transshipment makes sense, because it still enjoys a production cost advantage and is still subject to materially higher US tariffs than other countries,' said Xu. Trump has slapped 40 per cent transshipment tariffs, which means that any country rerouting another country's products will face 40 per cent additional tariff. China has been known to use Southeast Asian nations to transship its goods to other countries like the United States and India. The data shows that China's exports to the United States fell 21.67 per cent in July year-on-year and exports to Asean countries grew 16.59 per cent year-on-year, according to Reuters. 'We see very strong demand outside of US' There are indications outside of China as well that the international trade is growing but increasingly bypassing the United States, suggesting that Trump's tariffs have already led to the isolation of the US economy and market. Danish shipping giant Maersk, which controls around 15 per cent of the world's cargo shipping, posted a stronger-than-expected quarterly profit. Considering Maersk's role in shipping, the company's financial health is seen as a reflection of the global trade. STORY CONTINUES BELOW THIS AD Maersk CEO Vincent Clerc told CNBC that the company continues to see a 'very strong demand' and growth everywhere outside of the United States. He further said that he sees demand for containers above expectations. 'A lot of it is driven by a manufacturing boom in China and strong export growth pretty much everywhere in the world except for the US during this quarter, where the tariff-on, tariff-off has had some dampening effect. But overall, I think outside of the United States, we see a continued very strong demand and that is fueling the earnings and the upgrade that we were able to do today,' said Clerc.
India.com
2 hours ago
- India.com
Thailand and Cambodia reach consensus on ceasefire detail after fierce conflict, pledge not to...
Thailand Cambodia border dispute New Delhi: Cambodia and Thailand reached a consensus on the details of the ceasefire and signed an agreement at the extraordinary meeting of the General Border Committee (GBC) held on Thursday. Officials from Cambodia and Thailand attended the meeting, while delegates from the United States, China and Malaysia participated as third-party observers. According to a joint statement following the talks hosted at the Malaysian Ministry of Defence, both sides agreed to a ceasefire involving all types of weapons, pledging to avoid unprovoked firing towards each other's positions or troops, and agreed not to increase forces along the border. Both sides agreed to maintain current troop deployments without further movement as they were at the time when the ceasefire was reached at midnight on July 28. They also committed to ensuring the proper treatment of captured soldiers in accordance with international humanitarian law. The statement further noted that both sides expressed support for an ASEAN observer team led by Malaysia to monitor compliance with the ceasefire. In the interim, a temporary observation mission consisting of defence attaches from ASEAN countries will be stationed in Cambodia and Thailand, Xinhua news agency reported. The statement also said that both sides agreed to maintain regular communication between all army areas and military regions and units, to convene a Regional Border Committee meeting within two weeks, to schedule the next GBC meeting of both countries within one month, and, if necessary, an extraordinary GBC meeting should be called immediately. Speaking at a briefing after the talks, Thai Acting Defence Minister Nattaphon Narkphanit stated that this meeting was crucial to bilateral relations and regional peace and expressed the hope that this meeting would serve as an opportunity to work with Cambodia to promote long-term peace. For his part, Cambodian Minister of National Defence Tea Seiha said that Cambodia will fully implement the consensus reached and will continue to maintain close coordination and cooperation, demonstrating Cambodia's constructive approach to regional peace. Meanwhile, Malaysian Home Minister Saifuddin noted that both countries had adhered to the principles upheld within the ASEAN framework. 'In ASEAN, we believe in resolving disputes through consensus, non-confrontation, and through trust, mutual respect, and the spirit of non-interference. We strengthen our regional unity, and this ASEAN spirit has guided us today and will continue to guide us in the journey ahead,' he said. Armed clashes between Cambodian and Thai forces erupted on July 24 along their border. The two countries agreed to a ceasefire on the afternoon of July 28, which took effect at midnight on the same day.
Economic Times
2 hours ago
- Economic Times
Trump wants Intel CEO out: Meet the chip industry veteran Lip-Bu Tan who is under US President's radar
Donald Trump has urged for Intel CEO Lip-Bu Tan's immediate resignation, alleging ties to China that pose a national security risk. Republican lawmakers, led by Senator Tom Cotton, have raised concerns about Tan's financial involvement in Chinese companies, including those with reported links to the Chinese military. Cotton also questioned a criminal case involving Tan's former company, Cadence Design. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads US President Donald Trump Thursday called for the for the immediate resignation of Intel CEO Lip-Bu Tan , citing alleged ties to China that he claimed pose a national security risk. 'The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!' Trump wrote on Truth President's remarks come amid heightened scrutiny from Republican lawmakers, including Senator Tom Cotton of Arkansas, who earlier this week raised alarm over Tan's reported financial involvement in Chinese companies. In a letter addressed to Intel board Chair Frank Yeary, Cotton cited an April Reuters report that disclosed Tan's personal and venture fund investments in hundreds of Chinese companies — including several with reported ties to the Chinese Senator Tom Cotton also sought clarification on a recent criminal case involving Bu Tan's former company, Cadence Design. According to a report, Cotton expressed 'concern about the security and integrity of Intel's operations and its potential impact on US national security.'"Intel is required to be a responsible steward of American taxpayer dollars and to comply with applicable security regulations. Mr. Tan's associations raise questions about Intel's ability to fulfill these obligations," Cotton reportedly named Lip-Bu Tan its new CEO in March this year, who succeeded Pat Gelsinger. Lip-Bu Tan, a Malaysian-born executive, grew up in Singapore, where he studied physics at Nanyang University. He then pursued a master's degree in nuclear engineering at the Massachusetts Institute of Technology (MIT).After gaining experience in venture investing, Tan joined the Cadence board in 2004 and then went on to become co-CEO in 2008 following Michael Fister's departure and assumed sole CEO responsibilities in led Cadence for over a decade before transitioning to the role of chairman, a position he held until 2023. Tan is an accomplished executive with more than two decades of semiconductor and software experience and deep relationships across the technology has received several accolades for his significant contributions to the industry, including the 2022 Robert N. Noyce Award, the Semiconductor Industry Association's highest honor, and was named one of Forbes' Top 50 Venture Capitalists, according to an official previously served as chief executive officer of Cadence Design Systems Inc. and was also a member of its board of his 12 years as Cadence's chief executive officer, he led a reinvention of the company and drove a cultural transformation centered on customer-centric innovation that enabled Cadence to more than double its revenue, expand operating margins and significantly outperform the is a founding managing partner of Walden Catalyst Ventures and chairman of Walden International, a leading venture capital firm. He has also served on the boards of public companies Credo Technology Group and Schneider Electric.
