Showing posts with label Gasoline price increase. Show all posts
Showing posts with label Gasoline price increase. Show all posts
Thursday, February 23, 2012
Wednesday, August 03, 2011
Petrol prices squeeze domestic consumers
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| A woman sells petrol on the roadside in downtown Phnom Penh earlier this year. (Photo by: Wesley Monts) |
Wednesday, 03 August 2011
Ty Samphors Vicheka and Sim Virinea
The Phnom Penh Post
Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population.
“People need to spend more money to make ends meet if prices keep increasing,” said economist Chan Sophal.
The rising costs of gasoline and other goods are weighing on low-income Cambodians, subtracting from their ability to buy the products they need, he said.
Monday, January 11, 2010
Price of gasoline jumps up again
Monday, January 11, 2009
Everyday.com.kh
Translated from Khmer by Koming Puoy
Everyday.com.kh
Translated from Khmer by Koming Puoy
The price of gasoline in Cambodia jumps up again at the end of last week while gas stations are increasing their price to reflect the increase of oil price on the international market. On Sunday, along various gas stations, such as Total, Caltex and Sokimex, the price of gasoline varies between 4,350 and 4,450 riels per liter following a 200 riels increase last Wednesday and Thursday. Stephan Dion, the chairman of Total Cambodia, told The Phnom Penh Post on Sunday that: “We started increasing the price on Thursday.” He added: “The price of gasoline increases because the price of crude oil on the international market has increased.” He said that “If the price on the international market increases, we will increase accordingly.” On Sunday, the average price of gasoline in Phnom Penh varies between 4,100 riels and 4,150 riels per liter. Two weeks ago, the price of gasoline ranges between 3,900 and 3,950 riels per liter. Total stations have the highest price: 4,450 per liter as of Sunday.
Wednesday, July 16, 2008
“We aren’t increasing fares [during the election], but if petrol prices go up, we will stop operating”: Taxi driver
Voters' exodus from Phnom Penh prior to the 2007 commune electionTaxi drivers say 'no fare'
Tuesday, 15 July 2008
Written by Sambath Thet
The Phnom Penh Post
The capital city’s taxi drivers are balking at a campaign season cap on fare increases, saying they will stage a strike if fuel prices rise any further before election day on July 27.
“I was told not to increase fares before election day in order to help and encourage people to travel to their home villages to vote,” said Ny, a Phnom Penh taxi driver originally from Battambang province.
“But if they can’t guarantee gasoline prices for us during the campaign ... I will stop operating my business temporarily.”
“We want more people to be able to vote, so fares have to be kept stable,” said Phnom Penh deputy governor Chreang Sophann.
“The municipal mission is to serve people and help enable people to travel to provinces to vote by preventing taxi and bus fare increases. The measure was necessary for the city to prevent fare increase because taxi drivers and bus operators always take it upon themselves to increased fares.”
Taxi driver Leng Som, 49, said he was told at a meeting at the taxi barn a few weeks back that fares could not be increased during election season.
“We aren’t increasing fares,” he said, “but if petrol prices go up, we will stop operating.”
Ouch Bora, 47, who manages a taxi service that runs cars to the town of Pailin and to Battambang and Banteay Meanchey provinces, confirmed that drivers had been warned that any who raise fares during this period would be fined or have their taxi licenses suspended.
“We have already told our drivers not to increase the fares they charge to travelers during the coming campaign season in order to help people be able to travel to the provinces to vote,” Ouch Bora said. “This is an order we have to follow.”
Chreang Sophann refused to respond to driver calls for fuel price controls in the weeks leading up to the election.
“But if they increase their fares,” he said, “people won’t be able to afford to go home for the elections. We are working to help people to go vote.”
“I was told not to increase fares before election day in order to help and encourage people to travel to their home villages to vote,” said Ny, a Phnom Penh taxi driver originally from Battambang province.
“But if they can’t guarantee gasoline prices for us during the campaign ... I will stop operating my business temporarily.”
“We want more people to be able to vote, so fares have to be kept stable,” said Phnom Penh deputy governor Chreang Sophann.
“The municipal mission is to serve people and help enable people to travel to provinces to vote by preventing taxi and bus fare increases. The measure was necessary for the city to prevent fare increase because taxi drivers and bus operators always take it upon themselves to increased fares.”
Taxi driver Leng Som, 49, said he was told at a meeting at the taxi barn a few weeks back that fares could not be increased during election season.
“We aren’t increasing fares,” he said, “but if petrol prices go up, we will stop operating.”
Ouch Bora, 47, who manages a taxi service that runs cars to the town of Pailin and to Battambang and Banteay Meanchey provinces, confirmed that drivers had been warned that any who raise fares during this period would be fined or have their taxi licenses suspended.
“We have already told our drivers not to increase the fares they charge to travelers during the coming campaign season in order to help people be able to travel to the provinces to vote,” Ouch Bora said. “This is an order we have to follow.”
Chreang Sophann refused to respond to driver calls for fuel price controls in the weeks leading up to the election.
“But if they increase their fares,” he said, “people won’t be able to afford to go home for the elections. We are working to help people to go vote.”
Saturday, May 24, 2008
Indonesia says fuel prices to go up at midnight
Students scuffle with police during an anti-government demonstrationJAKARTA (AFP) — Indonesia said Friday it would raise its subsidised fuel prices by nearly 30 percent from Saturday in response to soaring global oil costs.
Long queues formed at petrol stations ahead of the announcement late Friday that prices would rise by an average 28.7 percent from midnight (1700 GMT) due to record oil costs that have sucked state money out of social programmes.
"Considering the rising global fuel price and the heavy burden of subsidies on the budget, we have decided to raise the fuel price. It is effective at 00:00 May 24," said energy minister Purnomo Yusgiantoro.
Indonesia announced earlier this month it was planning the hike to limit the impact of record world oil prices, which has blown out the government's multi-billion dollar fuel subsidy scheme.
It has outlined plans for direct cash transfers amounting to 14.1 trillion rupiah (1.5 billion dollars) to millions of poor families to ease the financial pain.
"The price of fuel in Indonesia is the lowest in the Asia region, even lower than in poor countries such as East Timor, Cambodia and Bangladesh. Even after the rise of 28.7 percent, our fuel price is still lower than East Timor, The Philippines, Thailand and Singapore," the economy ministry said in a statement late Friday.
The move means the price of premium gasoline and diesel fuel for transportation will be raised by 33.33 percent and 27.9 percent respectively to 6,000 rupiah (65 cents) and 5,500 rupiah per litre.
Earlier Friday, Indonesia said it may be forced to hike the cost of oil even further, despite widespread protests against the move.
Many ordinary Indonesians say higher fuel prices combined with the soaring cost of food will put an intolerable strain on family budgets.
Global crude oil prices reached record highs reached this week on concerns that supplies will not meet demand.
Long queues formed at petrol stations ahead of the announcement late Friday that prices would rise by an average 28.7 percent from midnight (1700 GMT) due to record oil costs that have sucked state money out of social programmes.
"Considering the rising global fuel price and the heavy burden of subsidies on the budget, we have decided to raise the fuel price. It is effective at 00:00 May 24," said energy minister Purnomo Yusgiantoro.
Indonesia announced earlier this month it was planning the hike to limit the impact of record world oil prices, which has blown out the government's multi-billion dollar fuel subsidy scheme.
It has outlined plans for direct cash transfers amounting to 14.1 trillion rupiah (1.5 billion dollars) to millions of poor families to ease the financial pain.
"The price of fuel in Indonesia is the lowest in the Asia region, even lower than in poor countries such as East Timor, Cambodia and Bangladesh. Even after the rise of 28.7 percent, our fuel price is still lower than East Timor, The Philippines, Thailand and Singapore," the economy ministry said in a statement late Friday.
The move means the price of premium gasoline and diesel fuel for transportation will be raised by 33.33 percent and 27.9 percent respectively to 6,000 rupiah (65 cents) and 5,500 rupiah per litre.
Earlier Friday, Indonesia said it may be forced to hike the cost of oil even further, despite widespread protests against the move.
Many ordinary Indonesians say higher fuel prices combined with the soaring cost of food will put an intolerable strain on family budgets.
Global crude oil prices reached record highs reached this week on concerns that supplies will not meet demand.
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