Original report from Phnom Penh
06 November 2007
The Human Rights Party on Tuesday threatened to hold mass demonstrations if the government is unable to allay rising prices for fuel and other commodities, echoing a similar call from the Norodom Ranariddh Party.
The price of gasoline has nearly tripled this year, putting a heavy burden on some of Cambodia's poorest, while the prices of other goods continue to rise.
Poor regulation from the government in keeping costs down has added to the problem, the Norodom Ranariddh Party said in a statement demanding the Ministry of Finance act.
Gasoline prices have risen to 4,400 riel per liter, more money than many impoverished Cambodians earn in a day.
The Human Rights Party said it would hold demonstrations if the government did not lower taxes on imported fuel. Taxes on harmful substances like cigarettes and alcohol could be raised instead, the party urged.
Neither government spokesman Khieu Kanharith nor Finance Minister Keat Chhon could be reached for comment Tuesday.
Fuel company magnate Sok Kong said oil prices were high globally, leading to the high prices in Cambodia.
"Now you want me to reduce the price?" he said. "How can I reduce it? Now the price is how it is. I am not the only one. It's the whole world."
Economist Kang Chandararoth said the only way to lessen the impact of high fuel prices was to work to lower the costs of other goods.
The price of gasoline has nearly tripled this year, putting a heavy burden on some of Cambodia's poorest, while the prices of other goods continue to rise.
Poor regulation from the government in keeping costs down has added to the problem, the Norodom Ranariddh Party said in a statement demanding the Ministry of Finance act.
Gasoline prices have risen to 4,400 riel per liter, more money than many impoverished Cambodians earn in a day.
The Human Rights Party said it would hold demonstrations if the government did not lower taxes on imported fuel. Taxes on harmful substances like cigarettes and alcohol could be raised instead, the party urged.
Neither government spokesman Khieu Kanharith nor Finance Minister Keat Chhon could be reached for comment Tuesday.
Fuel company magnate Sok Kong said oil prices were high globally, leading to the high prices in Cambodia.
"Now you want me to reduce the price?" he said. "How can I reduce it? Now the price is how it is. I am not the only one. It's the whole world."
Economist Kang Chandararoth said the only way to lessen the impact of high fuel prices was to work to lower the costs of other goods.
7 comments:
FOSSIL FUEL NOT GOING TO LAST FOR ETERNITY! THE WORLD DEPENDED ON IT. THE WORLD NEEDS TO LOOK FOR AN ALTERNATIVE, START NOW!
This would be great for Thais Society in technological advancement in the modern society! If the Nuclear Power Plant plan is safe for the neighbors, then I would support this ambition. What do you do with the waste Uranium rods, will Cambodia become the Nuclear dumpster? Will Thailand respect Khmer boader integrity when the Nuclear Reactor (NR) is operational? What if you have another Chernobyl?
These are some of my concerns.
I am not concern because this only a temporary situation. Soon we will get our own cheap priced oils. I just hope people don't abused it.
We know who this Animal Viet troller @6:44AM that pretending to be Khmer is. This animal Viet troller will be castrated and then euthanized when time comes.
Go home Viet troller!
Go home Vietcong!
And Ah Khmer killer (7:09), just remember, cheap oils are for Khmer people only, not for Ah Khmer-Yuon killers, alright?
THE LAW OF CONSERVATION OF ENERGY, "STATES ENERGY CANNOT BE CREATED, NOR DESTROYED"
Solar Energy: Cambodia has enough daylight hours for solar panels if the CPP care enough for the country and the citizens. Clean and no Hazardous byproducts.
Wind Energy: for the wind turbines to work we needed wind speed. The minimum speed requirement are 1) small turbine needs approx 9 mph. 2) large turbine needs approx 13mph in order to work and generate electrical output. A small turbine generate enough energy need for a home, while a large generate enough energy for 600 homes. It' clean.
A large turbine has energy compacity of 1.8MW output. If the CPP is caring for the country and the citizens in this last 30 years. We wouldn't be buying electricity from Thailand and Vietnam.
CPP (Cons Pro People).
We know who this Animal Viet troller @7:17AM is. This animal Viet troller will be castrated and then euthanized when time comes.
Go home Viet troller!
Go home Vietcong!
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