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Gov’t calls for lower fuel prices


geovalin

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The government yesterday asked fuel retailers to lower petroleum prices, so as to reflect the drop in global prices in the last few months.

At a meeting chaired by Chhoun Dara, a secretary of state at the Commerce Ministry, oil companies were given a week to report the mechanism they would use for a price drop, but were informed that if prices could not be cut another meeting would be called with senior officials.

“They are expected to give the answer back on the 8th of September. We will wait for their response,” said Ken Ratha, spokesman at the Commerce Ministry.

read more: http://www.phnompenhpost.com/business/govt-calls-lower-fuel-prices

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