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Old March 14th, 2012, 02:24 AM   #1
mrfusion
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Thumbs down Kingdom’s consumers told to save gas

http://www.phnompenhpost.com/index.p...-save-gas.html


Ecomomy and Finance Minister Keat Chhon yesterday urged consumers to limit their gasoline consumption in the face of rising prices, saying the Cambodian government would not boost the hundreds of millions of dollars he claimed it already offered in fuel subsidies.

An attendant fills a customer's car with gas. Photo by Heng Chivoan




Speaking at the Ministry of Commerce’s annual meeting in Phnom Penh, Keat Chhon admitted that high gas prices were a greater burden to the country’s poor, but said the problem was not unique to Cambodia.

“It is a phenomenon happening on the global stage with all countries affected.”

Prices climbed to US$1.44 a litre for “gold”-branded gasoline yesterday, from $1.33 on December 31, a jump of 8.3 per cent, according to Ministry of Commerce statistics.

Keat Chhon said that in spite of this increase, gasoline prices were still lower than they otherwise might be because of the government’s subsidies, which he claimed totalled between $200 million and $300 million a year.

A potential reduction in the tax on imported gasoline had not been considered by the government, he said.

Cambodia Chamber of Commerce director-general Nguon Meng Tech said yesterday consumers should try to cut back on their gasoline usage in order to save money at a time when many commodity prices were high.

“It would be good if people could do it, because they’d spend less on petrol and have money for other items,” Nguon Meng Tech added.

But some consumers claim the government is not doing enough to tamp down costs.

Rong Chhun, president of the Cambodian Independent Teachers’ Association, noted the hit taken by lower-income workers as a result of gas prices.

“It is too high compared to neighbouring countries. This proves that the government does not care about this issue,” Rong Chhun said.

Gas prices in Vietnam as of March 8 were about $1.10 a litre, according to Vietnamese media reports citing the country’s Ministry of Finance.

Thailand’s PTT sold gasoline yesterday at $1.33 a litre, according to its website.

Cambodia’s small businesses said they had seen profits dwindle as fuel costs climbed.

Although business had remained steady, they were earning less in revenue.

Soy Bunnang, 29, a tuk-tuk driver in Phnom Penh, said fuel costs had cut into his profits.

“I would like the government to help us, otherwise we will not survive.”
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Old March 15th, 2012, 08:48 AM   #2
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It is just pro and con! If I stay at home, I will need to have my A/C, TV...on and it even more costly than going out
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Old March 15th, 2012, 10:08 AM   #3
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The governments need to find other way to help those in need, it is the rich people that use the most petrol, and the government just end up subsidising them.

We should reduce the number of cars on the road, by increasing the cost of car owner, reduce these subsidies, in fact, put extra levy on it. Every Tuk Tuk drivers pays the same price, so if the fuel increase, every Tuk Tuk just put up their price.
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Old March 16th, 2012, 12:15 AM   #4
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Quote:
Originally Posted by mrfusion View Post
The governments need to find other way to help those in need, it is the rich people that use the most petrol, and the government just end up subsidising them.

We should reduce the number of cars on the road, by increasing the cost of car owner, reduce these subsidies, in fact, put extra levy on it. Every Tuk Tuk drivers pays the same price, so if the fuel increase, every Tuk Tuk just put up their price.

Here you go. It depends very much whether the government is pro-business or pro-consumers.
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Old March 16th, 2012, 01:40 AM   #5
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Here you go. It depends very much whether the government is pro-business or pro-consumers.
whatever is the government intention, when small business or poor people ask the government to subsidise more, it is not going to help the situation.
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Old March 16th, 2012, 02:10 AM   #6
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Quote:
Originally Posted by mrfusion View Post
The governments need to find other way to help those in need, it is the rich people that use the most petrol, and the government just end up subsidising them.

We should reduce the number of cars on the road, by increasing the cost of car owner, reduce these subsidies, in fact, put extra levy on it. Every Tuk Tuk drivers pays the same price, so if the fuel increase, every Tuk Tuk just put up their price.
I don't think government will reduce the number of cars or increase the price.. Because of many cars in the country that can show the world that Cambodia deverloping.. Have many rich so that have many cars... Lol even very cheap.....

I'm very sick and tied to listen to the high ranking have a speech always keep mention about Cambodia grow very fast.... See 1979 no car but now...lol very cheap
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Old March 16th, 2012, 03:45 AM   #7
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I don't think government will reduce the number of cars or increase the price.. Because of many cars in the country that can show the world that Cambodia deverloping.. Have many rich so that have many cars... Lol even very cheap.....
Is that how you see it? I don't see it that way.

1. There are many expensive car on the road, but there are equally many non-roadworthy cars discarded on the road.
2. Traffic jams in every road almost all the time show the country did not plan its growth.
3. It show there is a lack of public transport, which all developing country (and developed country) has to continuously work on.


There are enough good cars to be called "too much cars". increase petrol price actually keeps the good cars (rich people) on the road, and reduce the non-roadworthy cars, it will actually improve our image.
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Old August 20th, 2012, 10:02 AM   #8
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Pricey petrol punishes poor
http://www.phnompenhpost.com/index.p...shes-poor.html

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Petrol prices have jumped by 150 riel (US$0.03) a litre, much to the dismay of Cambodia’s poor, as NGOs appealed to the government to take action.

Tuk-tuk driver Chev Channy, who has driven a moto for more than 20 years, said the price of fuel had jumped to nearly 6,000 riel a litre, adversely affecting his already-low gross income, which is about 30,000 riel per day.

He said he used about three litres a day, which was nearly two-thirds what he earned in a day.

“When gasoline was cheaper, I saved about 20,000 riel a day, but now that the price has increased, my income is just below 10,000 riel a day,” he said, adding: “Each day, I earn or just about break even, but sometimes it is not enough.”

Cambodia’s fuel prices were always higher than in neighbouring countries, Chev Channy said, but he did not know of any action being taken to decrease the prices and he thought it unlikely that officials would pay attention to such matters.

“We drive every day; we don’t know how it works. The gasoline producers increase or decrease the price; it's up to them. If we protest, they consider us as oppostion.”

For Channy, a suitable price would be 3,000 riel a litre, because he could save at least the price of half a litre of fuel per client, but with such expensive fuel nowadays, there is a litte hope of saving anything.

“If the price drops, I am happy because I could save for my family’s daily living expenses. We would have money for emergencies, like doctor’s bills.”

Rong Chhun, president of the Cambodian Confederation of Unions (CCU), issued a letter dated August 16 appealing to Prime Minister Hun Sen to take action to lower fuel prices below the current price of 5,650 riel a litre for super and 5,450 riel for regular.

“When gasoline prices are high, the first people affected are those with low incomes,” he wrote, adding that low-income households included garment workers, teachers, civil servants and farmers.

Bin May Mialia, commercial manager for the Thai-based PTT Oil Company, said there were three factors leading to increased petrol prices in Cambodia: instability in the Middle East, where most gasoline is produced; natural disasters in Asia, such as those in China and the Philippines; and the drought in the US, which has affected the raw materials needed to produce ethanol to mix with gasoline or diesel, thus increasing demand in the US as well.

“In my view, the price will not decrease,” he said, adding: “The trend for Cambodia is for the price of gasoline to increase at least another 100 to 150 riel per litre in a few weeks.”

Sorn Chey, from the rights group Affiliated Network for Social Accountability in East Asia and the Pacific, said petrol prices in Cambodia were raised faster than they were lowered.

“What we are interested in is gasoline, because in Cambodia it seems to be connected with politics. Before the election, the price of gasoline dropped in line with the election campaign.” Chey said.

The price increase had substantially affected the poor and those on low incomes, but officials for the most part had been unaffected because they were provided with fuel vouchers, he added.
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Old August 20th, 2012, 10:04 AM   #9
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“When gasoline prices are high, the first people affected are those with low incomes,” he wrote, adding that low-income households included garment workers, teachers, civil servants and farmers.
When the price is low, the first people that it benefit are the rich people, because they are the one that drive the most.
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Old August 20th, 2012, 10:08 AM   #10
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“When gasoline was cheaper, I saved about 20,000 riel a day, but now that the price has increased, my income is just below 10,000 riel a day,” he said, adding: “Each day, I earn or just about break even, but sometimes it is not enough.”
The mototuk and tuktuk will need to get their acts together, you don't have to provide the service at a lost, every one of your competition is facing the same expensive fuel price, so the most rational way is for everyone to increase their price.
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Old October 26th, 2012, 09:18 PM   #11
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First frop of oil from the Gulf of Thailand predicted for 2016 according to Chevron
http://ki-media.blogspot.com/2012/10...-for-2016.html
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