The Cambodian Commercial Scale Is Not Yet in Balance – Friday, 5.2.2010

Posted on 6 February 2010. Filed under: Week 650 | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

The Mirror, Vol. 14, No. 650

“Phnom Penh: The Prime Minister of the Kingdom of Cambodia, Samdech Akkak Moha Senapadei Dekchor Hun Sen, stated on 4 February 2010 during the inauguration ceremony of the new building of the Ministry of Commerce, ‘The Cambodian commercial scale for exports is not yet in balance.’

“He added, ‘Our foreign commerce amounts to about US$10 billion. But the Cambodian export is only something more than US$4 billion, while the imports to Cambodia amount to much more. The Cambodian-Thai bilateral trade is more than US$2 billion; the Cambodian-Chinese is more than US$1 million; and the Cambodian-Korean trade is more than US$2 billion. In total, it is more than US$5 billion.’

“To reduce this commercial imbalance, Samdech Hun Sen called on local investors to boost productivity for export, handicrafts, fishery, and other products to meet both local demands and that on foreign markets, because Cambodia has many markets such as China, Japan, Korea, the ASEAN countries, Europe, and other markets.

“Samdech Hun Sen continued to say, ‘Just as a first stage, China allowed us to export more than 318 types of products and later on 400 types, but Cambodia does not have products to be exported to China, and to member countries of ASEAN allowing Cambodia, Laos, and Burma to export to them. But Cambodia does not have products to be exported to those countries.’ Samdech Hun Sen went on to say, ‘Cambodia must strengthen its position for exports, like meat processing, eggs, vegetables, and other goods which can be sold to tourists who visit Cambodia. The creation of markets for farmers growing vegetables and raising animals, and the selling of their products to many shops, creates consistent commercial processes, and we do not need to import many things from abroad. In the meantime, those products must have quality, be attractive, and safe. The Ministry of Commerce has to assist to seek markets for these products and to encourage more exports so as to earn more profit.’

“Regarding the commercial scale issue, an economist of the Cambodian Economic Development Institute, Dr. Kang Chandararoth, spoke to Deum Ampil, saying, ‘The commercial scale is not in balance, because previously, Cambodia exported many not-processed products [to become final products]. Thus, it makes Cambodia lose value-added profits. Also, it is related to the size of places or of raw materials that we use to make those products, as the commercial infrastructure of Cambodia faces many shortages.’ He recommended, ‘Cambodia has to reform its transport infrastructure and its commercial laws to facilitate the operations of investors.’

“Also, the Minister of Tourism, Mr. Thong Khon, stated on 3 February 2010 in a press conference at the Phnom Penh Hotel, ‘The Ministry of Tourism will improve tourism services, including the creation of various attractions.'” Deum Ampil, Vol.4, #406, 5.2.2010

Newspapers Appearing on the Newsstand:
Friday, 5 February 2010

Deum Ampil, Vol.4, #406, 5.2.2010

  • The Cambodian Commercial Scale Is Not Yet in Balance
  • The National Authority for Combating Drugs Reacted against a Human Rights Watch Report [rejecting accusations that there is mistreatment of people held at rehabilitation centers]

Kampuchea Thmey, Vol.9, #2169, 5.2.2010

  • Civil Society Official [the director of the Cambodian Human Rights and Development Association – ADHOC, Mr. Thun Saray]: Because of [Opposition party president] Mr. Sam Rainsy’s Acts It Is Difficult to Help Him [as he acted against the law: Mr. Sam Rainsy removed temporary border markers and was sentenced to serve a two-years prison term]

Khmer Amatak, Vol.11, #731, 5.2.2010

  • [Minister of Agriculture, Forestry, and Fisheries] Chan Sarun and [the Director General of the Department of Forestry and Wildlife of the Ministry of Agriculture] Ty Sokun Do Not See the Forestry Crimes in Cambodia

Khmer Machas Srok, Vol.4, #598, 5.2.2010

  • [Sam Rainsy Party spokesperson and parliamentarian] Yim Sovann: The Increase of Electricity Prices Shows the Government’s Incompetence to Develop the Economy

Koh Santepheap, Vol.43, #6876, 5.2.2010

  • Human Rights Conditions in the 2009 Report Are Better Than in 2008, Especially There Was Not Imprisonment for Defamation [according to the Cambodian Human Rights and Development Association]

Phnom Penh Post [Khmer Edition], Vol.1, #105, 5.2.2010

  • The Prime Minister Will Visit Preah Vihear This Weekend [on 6 February 2010]
  • Five Khmer Fishermen Escaped from Thai Boats and Fled to East Timor [after they saw their Thai boat owner throwing the body of a Khmer fisherman over board who had gotten sick and died]
  • The Cambodian Human Rights and Development Association (ADHOC): The Freedom of Expression in Cambodia Was Restricted [in 2009]
  • The UN Studies the Copy Right Law Situation in Cambodia as Copyright Legislation Is Not Properly Implemented

Rasmei Kampuchea, Vol.18, #5118, 5.2.2010

  • [Puea Thai Party president, former general, and former Thai prime minister] Chavalit: The “People’s Army” Now Have Already Had Their Leader [he rejected a request for him to lead the so called “people’s army,” a group in the Thai military supporting the Thai ousted and fugitive prime minister Thaksin Shinawatra]

Have a look at the last editorial – you can access it directly from the main page of the Mirror.
And please recommend us also to your colleagues and friends.

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