The Sam Rainsy Party is happy to notice that the retail price of gasoline has come down from 4,000 riels to 3,700 riels per liter (representing an eight-percent decline) over the last seven days. The SRP welcomes the measure announced on January 19 by Prime Minister Hun Sen to allow private companies to import gasoline from Thailand, Laos and Vietnam in a bid to cut gasoline costs and lower retail prices.
However, as hinted in our previous statements dated January 12 and 17 ( Click here for the January 12 statement and here for the January 17 statement), the government should do more to bring about transparency, rule of law and fairness in the industry. It should:
SRP Members of Parliament
However, as hinted in our previous statements dated January 12 and 17 ( Click here for the January 12 statement and here for the January 17 statement), the government should do more to bring about transparency, rule of law and fairness in the industry. It should:
- Seriously combat smuggling, which has reached appalling proportions as reflected by the fact that over the last ten years the number of cars in Cambodia has increased more than ten times while the amount of officially imported gasoline (according to Customs statistics) has remained practically unchanged. The systemic smuggling is organized by powerful people who own or protect the country's two largest gasoline companies, which are Khmer-owned and control some 80 percent of the market (Tela and Sokimex) while foreign-owned companies (Caltex/Chevron, Total and PTT) regularly pay customs duties and taxes that represent altogether some 30 percent of the retail price.
- Reduce the power of the cartel represented by Tela and Sokimex by forcing these two companies to pass on to consumers the sharp decline (some 35 percent over the last six months) in the international crude oil price. Antitrust measures should be implemented against these two market leaders which arbitrarily and unfairly set retail prices while their competitors cannot resist because they pay the full amount of customs duties and taxes to the State.
SRP Members of Parliament
7 comments:
What is a bunch of baby?
They have no skill but noises, and
they want to rule Cambodia.
Don't hold your breath, fools?
Sokimex is khmer's own?
You are a lier! may lightning strike you in the noon time.
it is Vietname company, bolong to Vietnamese gorvernment!
May the Vietnamese invader destroy by supper natural soon!
KK and vietnamese is the same.
Are you against them or Something?
Too many Ah Youn kantob & mee Youn kantorb Using ah Kvak Hun Sen.
Who care about noise-makers?
Sok Kong is Youn-Hanoi who runs Sokimex and owned Angkor Wat.
Youn-Hanoi had robbed & stealing Khmer resources everyday and
left nothing to our Khmer-People....That's Khmer are still living
in poverty among the poorest contries on earth.
Even what you say is true, it isn't
all that bad because the Sokimex
still give jobs to many people.
Again, we can't dwell here, we must
continue to find more jobs for
the joblesses.
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