Leaders of Thailand and Cambodia signed an enhanced cease-fire agreement on the sidelines of the ASEAN summit in Kuala Lumpur, formalising terms intended to prevent renewed clashes along their border. The pact follows a July truce and includes mechanisms for incident deconfliction and liaison coordination. Regional observers say the deal reduces near-term security risk for trade routes and cross-border logistics, though verification and enforcement will determine durability. Businesses exposed to overland cargo lanes and tourism flows will gauge operational benefits if calm holds.