​Shocking raise | Phnom Penh Post

Shocking raise

National

Publication date
04 November 2005 | 07:00 ICT

Reporter : Post Staff

More Topic

The Herbalife headquarters in Phnom Penh.

The government has agreed to a proposal from national utility supplier Electricité

du Cambodge (EdC) to increase electricity prices starting from November 5.

The proposal put forward by the EdC will raise rates by 11 percent from 800 riel

to 890 riel per kWh for embassies, foreign businesses and institutions, and homes

occupied by foreigners.

The increase comes amid rising fuel prices that have jumped 21 percent over recent

months. The spike in fuel prices has outstripped the exchange rate and induced inflationary

pressures, EdC said.

Contact PhnomPenh Post for full article

Post Media Co Ltd
The Elements Condominium, Level 7
Hun Sen Boulevard

Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia

Telegram: 092 555 741
Email: [email protected]