From Clash to Cash: A Financial Anatomy of the Thailand–Cambodia Border Crisis
As border tensions between Thailand and Cambodia escalated in mid-2025, most headlines focused on military clashes and political fallout. But beneath the smoke of artillery and the flash of diplomatic spats, a deeper crisis has quietly unfolded—an economic one. The financial implications of the border conflict are not just collateral damage; they are front and center in shaping the region’s stability. When Borders Close, Economies Freeze One of the most immediate effects of the conflict has been the closure of all land border checkpoints. This move has effectively frozen a cross-border trade corridor worth over 174 billion baht annually. According…