The Ministry of Commerce Announced It Earned Riel 129,949 Million – Friday, 26.3.2010

Posted on 27 March 2010. Filed under: Week 657 | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

The Mirror, Vol. 14, No. 657

“The Minister of Commerce, Mr. Cham Prasidh, said that in 2009, the Ministry was able to earn Riel 129,949,000,000 [approx. US$31 million] for the nation.

“Mr. Cham Prasidh said during a meeting of the Ministry of Commerce on 24 March 2010 that the income came only from public services that the Ministry provides to private companies.

“The services operated by the Ministry to get income include the registration of commercial operations and of commercial trademarks, the provision of certificates to certify the origin of products, and the checking of product quality, especially for food products for export and import, and for products sold at local markets.

“According to a report on the work in 2009 and on setting goals for 2010, 3,116 trademarks were registered in 2009, where only 698 were trademarks of local companies. Also, in 2009, the Ministry registered commercial operations for 2,045 companies which declined by about 26.5%, compared to 2008. Among those companies, only 39 companies were new companies, a drop by 2.5%.

“The same report added that though the registration of commercial operations declined, foreign investors from Vietnam, Korean, China, Malaysia, and Singapore significantly continue to trust the economic conditions and the political stability in Cambodia.

“The same source continued to say that the registration of export permits, based on the conditions and the origin of the products, covered 243 factories and 26 shoes factories. Those factories employ 320,834 workers who earned about US$27 million as monthly salaries.

“The exports to the United States of America amounted to about US$1.518 billion, which dropped by approximately US$471 million. The exports to Canada were US$198 million, declining by US$4.9 million compared with 2008. The exports to the European Union amounted to US$655 million, a drop by about 18%.

“Exports to other countries also declined. The exports to the American continent, excluding the United States of America and Canada, were about US$34 million, a downturn by about US$11 million. The exports to Europe, excluding the European Union countries, were about US$33 million, a decline by around 23%.

“The report adds that most products that Cambodia exported were garments and other textile products, shoes, rice, handicrafts, beer, and agricultural products, such as pepper.” Rasmei Kampuchea, Vol.18, #5160, 26.3.2010

Newspapers Appearing on the Newsstand:
Friday, 26 March 2010

Deum Ampil, Vol.4, #444, 26.3.2010

  • [Opposition party president] Sam Rainsy: The Temporary [Cambodian-Vietnamese] Border Markers Cost Cambodian Territory [he bases this statement on a 1:100,000 French colonial map of 1952, deposited at the United Nations in 1964, and a 1:50,000 map printed by the US Army in 1966]
  • The Spokesperson of the Siamese [Thai] Army Rejected [the Cambodian information] that Many Siamese Soldiers Were Killed by Cambodian Soldiers [during armed clashes at the border region near the Preah Vihear Temple]

Kampuchea Thmey, Vol.9, #2211, 26.3.2010

  • The Foreign Trade of Cambodia Declined in 2009 [to US$10 billion, a drop by 10.4%]
  • Three Laotian Men Were Arrested in Daun Penh District [Phnom Penh] for Drug Smuggling

Khmer Machas Srok, Vol.4, #636, 26.3.2010

  • [Sam Rainsy Party parliamentarian] Son Chhay: After the Anti-Corruption Law Becomes Valid, the Sam Rainsy Party Will Propose a Law Which Sets Up Proper Salaries for Civil Servants

Koh Santepheap, Vol.43, #6918, 26.3.2010

  • Three Suspected Robbers Were Sentenced by Citizens [they stole a motorcycle and were beaten by a mob to death, as police could not stop the beating – Phnom Penh]

Moneaksekar Khmer, Vol.17, #3821, 26.3.2010

  • Sam Rainsy: What I Showed [the map and documents] Is Not for Defeating Any Individual [but for the sake of the country], and Prum Chea and Meas Srey Should Be Released as a Humanitarian Gesture [they are in jail for removing border markers in Svay Rieng]

Phnom Penh Post [Khmer Edition], Vol.1, #139, 25.3.2010

  • 700 Citizens of the Amleang Commune Continue Their Protest to Demand the Release of Their Representatives [detained for burning down the on-site office of Oknha Ly Yong Phat’s sugar company in Kompong Speu]
  • Human Rights Watch Asked Cambodia to Amend the Sub-Decree about Refugees [as the present one does not provide enough protection procedures to prevent deportation according to the international convention, which the Cambodian government signed so that Cambodia became a member]
  • The Government Plans to Create Public Housing for Poor Citizens for Long Range Rent Periods [of up to 50 years]

Rasmei Kampuchea, Vol.18, #5160, 26.3.2010

  • The Ministry of Commerce Announced It Earned Riel 129,949 Million
  • The Law about Ownership by Foreigners of Upper Floor Houses Will Be Adopted by the National Assembly Next Week
  • The Siem Reap Authorities Intercepted a Third Wood Storehouse, Seizing 523 Pieces of Wood [about 15 cubic meters] and 66 Round Poles

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

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