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BUSINESS1d agoWATCH: Cruise cancels global trip over rising fuel costs, strands 200 passengers in CambodiaSome passengers sold their home to live on the cruise ship full-time.ABC News
BUSINESS1d agoStranded Cambodia cruise ship ‘asked passengers for fuel money’ as crew members still not paidPassengers aboard the Odyssey were reportedly asked to contribute towards fuel costs as the cruise ship remains stranded in CambodiaThe Independent World
BUSINESS2d agoSurging fuel prices abruptly halts "endless" luxury cruise in CambodiaAmericans are stranded in Cambodia after a luxury cruise line said it ran out of money over surging fuel prices during its "endless" around-the-world voyage. Cristian Benavides reports.CBS News
BUSINESS3d agoCruise ship Villa Vie Residences suspends operations in Cambodia due to rising fuel costVilla Vie, a U.S. cruise ship that touted its cabins as floating homes, suspended its three-year voyage in Cambodia due to fuel costs, forcing hundreds of passengers to disembark. CBS News' Cristian Benavides has more.CBS News
BUSINESS3d agoFuel costs force US cruise ship to suspend multiyear voyage in CambodiaHundreds of passengers are stranded after the ship’s three-and-a-half-year voyage is cut short due to fuel costs.Al Jazeera [en]
BUSINESS3d agoCruise ship residents left stranded in Cambodia after fuel prices soar - ReutersCruise ship residents left stranded in Cambodia after fuel prices soar ReutersReuters World
BUSINESS3d agoCruise ship suspends global voyage in Cambodia over fuel prices, hundreds disembarkHundreds of people permanently living aboard a touring cruise ship were forced to disembark in Cambodia this week after the vessel’s operator said fuel price increases from the Iran war had made operations prohibitively expensive. The Villa Vie Odyssey had been cruising the world for at least ‌755 days as one of only a handful of ships that offered passengers the opportunity to rent or buy long-term or even permanent residences on board. On Tuesday, the ship’s owner, Villa Vie Residences,...South China Morning Post
BUSINESS3d agoAbandon ship! Around 200 ‘cruise for life’ passengers stranded in CambodiaUS-based operator Villa Vie Residences has suspended operations due to an ‘extraordinary’ rise in fuel costs since the Iran war began.EuroNews [en]
BUSINESS3d agoLuxury cruise ship that left Ireland two years ago strands passengers in CambodiaCruise company asks some 200 passengers to disembark the Odyssey, saying fuel costs have risen 300% since start of US war on IranIrish Times World
BUSINESS3d agoLuxury cruise passengers stranded in Cambodia due to soaring fuel costsThe Villa Vie Odyssey suspended its voyage and is working with passengers on "temporary living arrangements".BBC World
BUSINESS3d agoCruise ship that would sail 'forever' stranded in Cambodia due to high fuel pricesHet luxe cruiseschip Villa Vie Odyssey, dat bezig was met een "eeuwigdurende reis" rond de wereld, is gestrand voor de kust van Cambodja. De Amerikaanse rederij meldt in een verklaring dat de brandstofkosten in Azië dusdanig hoog zijn dat het bedrijf de prijzen niet kan doorberekenen aan de passagiers. Volgens het bedrijf waren de maandelijkse kosten per hut opgelopen van 1600 euro naar 7000 euro. "Het volledig doorberekenen van de stijging aan de bewoners is geen realistische oplossing", staat in de verklaring. Persbureau Bloomberg meldt dat er zo'n tweehonderd passagiers aan boord waren. In NOS Buitenland
BUSINESS3d agoThey bought cabins on a luxury cruise ship. High fuel costs got them kicked off in Cambodia.Florida-based Villa Vie Residences said it was working to identify “temporary living arrangements” for people aboard The Odyssey, a 642-foot cruise ship.NBC News
BUSINESSOct 11Fuel prices climb in CambodiaRetail fuel prices in Cambodia rose today, with the Ministry of Commerce setting petrol at 5,350 riel ($1.32) per litre and diesel at 5,550 riel per litre. The post Fuel prices climb in Cambodia appeared first on Khmer Times.khmertimeskh · cambodia
BUSINESSSep 29Surging Chinese orders sweeten livelihoods for Cambodian mango factory workers , farmersIncreased Chinese orders are improving the livelihoods of mango factory workers and farmers in Cambodia.southeastasiapost.com · Pakistan
BUSINESSSep 20Can Thailand , Cambodia unlock massive oil and gas reserves ?  | Peak Oil News and Message BoardsThe article explores the potential for Thailand and Cambodia to access and develop substantial oil and gas reserves. This highlights a significant economic and energy development opportunity for the region.peakoil.com · United States
BUSINESSSep 2KIDZ AI enters into agreement to acquire equity stake in Cambodia's National Cloud Data CenterKIDZ AI has signed an agreement to acquire an equity stake in Cambodia's National Cloud Data Center. This move signifies an investment in technology infrastructure within the region.Seeking Alpha Tech
BUSINESSAug 17Cambodia Seeks Foreign Investment as Economy Faces Growing PressureCambodia is seeking foreign investment as its economy experiences increasing strain. This initiative aims to address the growing economic pressures faced by the country.english.cambodiadaily.com · Cambodia
BUSINESSAug 16How Cambodian worker exodus exposes Thailand’s fragile labour modelAfter last year’s border conflict with Cambodia, hundreds of thousands of migrant workers left Thailand, exposing how dependent parts of its economy had become on cross-border labour. Thailand has tried to ease the squeeze by holding on to workers already in the country, especially Myanmar nationals. But figures from the International Labour Organization (ILO) and warnings from employer groups point to a deeper problem: a workforce built around proximity, familiarity and low travel costs cannot...South China Morning Post
BUSINESSJul 31Cambodian jobseekers fear debt trap over Thailand’s border reinforcementVin Lors used to earn about US$20 a day working on construction sites in Bangkok, nearly twice what he now makes in Cambodia. After the border conflict between Thailand and Cambodia broke out last July, the 37-year-old and his wife decided to return home to Siem Reap province, worried about their safety and concerned about workplace discrimination. When he heard the government was helping returning migrant workers find jobs, Lors registered through his village chief. “They registered my...South China Morning Post
BUSINESSJul 28Cambodia’s tourism slump leaves Angkor Wat eerily quietWatching the sun rise over Angkor Wat once meant fighting for elbow room, a hundred phone screens glowing in the dark as tour buses disgorged crowds chasing the same postcard-perfect shot These days, the 12th century temple complex is comparatively quiet, with operators reporting an emptying of Cambodia’s most recognisable landmark. “Angkor is as quiet as I have seen it in years,” said Akim Ly, founder of the Siem Reap-based tour company Adventures Cambodia and a member of the Cambodia Tourism...South China Morning Post
BUSINESSJul 21Cambodia subsidizes up to 60 mln USD monthly to curb fuel price spikes : PM - XinhuaCambodia's Prime Minister announced monthly subsidies of up to 60 million USD to mitigate spikes in fuel prices. This government action aims to stabilize economic conditions for consumers.english.news.cn
BUSINESSJul 7Cambodia mines 20 tonnes of gold in past 5 years : senior official - XinhuaCambodia has reportedly mined 20 tonnes of gold over the past five years, according to a senior official. This indicates a significant level of activity in the country's gold mining sector.english.news.cn
BUSINESSJun 27World Bank approves 115 mln USD to boost Cambodia grid , energy efficiencyThe World Bank has approved a $115 million loan to enhance Cambodia's energy grid and promote energy efficiency. This funding aims to support significant infrastructure development in the country.cambodiantimes.com · Cambodia
BUSINESSJun 27MSMEs vital for Cambodia growth , says minister - XinhuaA minister has stated that Micro, Small, and Medium Enterprises (MSMEs) are vital for Cambodia's economic growth. This emphasizes the government's recognition of small businesses' importance to the national economy.english.news.cn
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