Protesters take aim at prices

Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more than daily living costs. The group rallied outside the Ministry of Economy and Finance, a short walk from Freedom Park, where opposition party supporters protesting against July’s election and garment workers demanding higher wages converged yesterday. … Vorn Pao, the president of the Independent Democracy of Informal Economy Association, led the splinter demonstration. Pao said people who work in the informal sector – mainly transportation – suffer greatly when fuel prices rise, as they subsequently drive up the cost of food and everyday necessities. … He [Vorn Pao] added that the association will submit an official letter to the ministry over the coming days, putting its demands in print. Pao’s claims come a month after the Cambodian government ordered customs officials to apply official taxation rates to imports, reportedly causing a 30 per cent price increase on some items…. According to data from the Ministry of Commerce, Cambodia imported 871,013 tons of gasoline during the first half of the year from Thailand, Singapore and Vietnam. The total value was $825 million. Chou Vichet, secretary of state at the Ministry of Economy and Finance, said in the first 11 months this year the government has subsidised $83 million worth of fuel to stabilise gasoline prices. …

Hor Kimsay
http://www.phnompenhpost.com/business/protesters-take-aim-prices