Tuesday, April 01, 2008

Kep Chuktema blames price increase on globalization and market economy ... it is also "a gift for opportunists"

The people in Phnom Penh are the first one affected by price increase

31 March 2008
By Nhim Sophal
Cambodge Soir

Translated from French by Luc Sâr

The price of merchandises was the focus of the meeting held at the Phnom Penh city hall on Monday 31 March. Kep Chuktema, the city governor, reminded that the increase of the price of goods on the city markets has important impacts on the living condition of the people. According to Kep Chuktema, the people of Phnom Penh are the first one to be hit by the inflation consequences because the city is the “payment center.” He blamed the current situation on globalization and the market economy.

To Kep Chuktema, this price increase, which is taking place a few months before the election, is a “gift for the opportunists,” whether they are merchants who take advantage of it by stocking products and selling them later at a higher price, or to the political opposition which accuses the government of not knowing how to manage the crisis. But the governor warned the citizens: holding a strike is not a mean to resolve the problems of cost.

“Accidents and fires cause deaths, but the price increase also has its lot of victims,” he said while reminding about people who died from hunger. “Therefore, the price increase must be reasonable!” he added.

The governor explained that the government took concrete measures to fight against cost increase such as the ending of rice export, for example. He also called on the local authorities to distribute the information along the markets. Furthermore, the local authorities must also check the price of merchandises in their city, in order to evaluate the rate of price increase. Finally, “prices must be posted in the markets and in restaurants. Otherwise, these businesses should be shut down,” Kep Chuktema required. In fact, the posting of prices is a practice that is not quite well accepted yet.

3 comments:

Anonymous said...

Well, If AH Kep Chuktema dog meat lover, AH HUN SEN Vietcong slave, and AH SOK KONG Vietcong middleman...knew that Cambodia is not ready for globalization and why the fuck they plunged Cambodia into globalization in the first place for?

After all these years the Vietcong slave mother fuckers are preaching about how good globalization for Cambodia but for Cambodia to benefit from globalization there must be mechanism such law and regulation in place to protect Cambodia from globalization!

Now it is too late, Cambodia is being deep fry like a fish in hot oil...and the Vietcong slave mother fuckers will continue their blame game while dirt poor Cambodian people continue to suffer!

Anonymous said...

Well, nothing is perfect, and you should know better.

Anonymous said...

the stupid guy Ket Chuk Ma call(Marijuna smooking diseas person),especially Hum Xen's government have know nothing about nation economic, exept says everything up due to the world economy. furthermor,He know exactly the ways how to smook marijuna in the aim of cracking down our nation and people for A youn Changrey. this is Younism person.
Jerky