The United States Embassy in Phnom Penh on Tuesday hosted a two-day conference in Cambodia on energy development in the Greater Mekong Subregion (GMS).
In the opening speech, U.S. Ambassador Carol A. Rodley said "the challenges facing the GMS in the energy sector are not unique: high economic growth of the region is driving the demand for energy whereas almost 50 million people in the GMS lack access to electricity."
"Under this GMS Economic Cooperation program, development of the energy sector in one country will be able to benefit the development of all countries through the most efficient use of the natural resources within the region," she added.
Participants for the forum are the representatives from some of the world's most well-known publicly traded American companies such as Chevron, GE, AES, Shlumberger, Conoco Phillips, Dupont, and Rockwell Automation as well as scores of other American, Cambodian, Thai, Vietnamese, Singaporean, Malaysian, Chinese, and other companies that are interested to contribute to the development of the GMS energy sector.
The two-day conference includes speakers from the public and private sectors in the United States, Cambodia, China, Laos, Thailand and Vietnam. Conference topics will range from understanding energy policies and opportunities in member countries to a case study of energy trading in relationship to the expanding GMS market.
The Greater Mekong Subregion Economic Cooperation (GMS-EC) program is a regional effort among the countries of the Mekong river basin including Myanmar, Cambodia, China, Laos, Thailand and Vietnam, to develop energy infrastructure with the goal of expanding trade and growth in the region.
The U.S. Embassy said in a statement that "steady supplies of energy will be a critical element of future GMS trade and growth."
The GMS-EC program envisions regional production and distribution of energy, creating new opportunities for energy related technology producers, distributors, and traders.
Priorities of the GMS-EC Program include cooperation on developing energy, transportation, telecommunications, tourism, environment, and human resources for expanded business opportunities.
An Asian Development Bank (ADB) evaluation of the GMS Energy Program found that investor confidence in undertaking regional power export projects has risen strongly due to greater regional integration.
Source: Xinhua
Showing posts with label USA. Show all posts
Showing posts with label USA. Show all posts
Wednesday, September 30, 2009
U.S. hosts regional meeting in Cambodia on energy development
Thursday, September 3, 2009
The Cars Thieves Love Most
Just because your Honda is a clunker doesn't mean it's safe to leave it unlocked while you make a coffee run.
Approximately 1 million vehicles are stolen nationwide every year, but the 1994 Honda Accord is the most stolen car, according to an Aug. 24 report by the National Insurance Crime Bureau. Last year, more than 55,000 Accords were stolen in the U.S. Needless to say, the thieves aren't after style, just substance.
Older vehicles like the 15-year-old Accord are pinched so often because their lack of theft-deterrent technology makes them easy to access and their parts--headlights, tires, catalytic converters and anything containing copper--are valuable on the black market. It also comes down to pure numbers, says Frank Scafidi, a spokesman for the National Insurance Crime Bureau: "Hondas and Toyotas, they sell millions of these things, so there are more targets, obviously."
Most neighborhood hooligans wouldn't know how to steal a Lamborghini, but when it comes to more mundane rides they are equal-opportunity snatchers, Scafidi says. The vehicles most likely to get nabbed range from the tiny Honda Civic, ranked second on our list, to the fifth-ranked Dodge Ram pickup. Even minivans aren't immune--the 2000 Dodge Caravan is a hot target as well.
Behind the Numbers
To find out which cars are the most likely to be stolen, we consulted data from the National Insurance Crime Bureau, a nonprofit group in Des Plaines, Ill., devoted to preventing insurance fraud and vehicle theft. Its Hot Wheels 2009 study determined the vehicle make, model and year for every car reported stolen to the National Crime Information Center, a division of the FBI.
The results are a preliminary quantity--the NCIC will release the final crime report later this month--but 2008 is on track to become the fifth consecutive year of declining auto thefts in the U.S. If the figures hold, total thefts will be less than 1 million vehicles--the lowest annual total in at least 20 years.
That's good news in a tough economy, because crime is expensive. According to FBI data, between $7 billion and $8 billion is lost every year due to auto theft. In 2007, the most recent year with complete data, authorities recovered only 58% of stolen vehicles. Read more.................
Approximately 1 million vehicles are stolen nationwide every year, but the 1994 Honda Accord is the most stolen car, according to an Aug. 24 report by the National Insurance Crime Bureau. Last year, more than 55,000 Accords were stolen in the U.S. Needless to say, the thieves aren't after style, just substance.
Older vehicles like the 15-year-old Accord are pinched so often because their lack of theft-deterrent technology makes them easy to access and their parts--headlights, tires, catalytic converters and anything containing copper--are valuable on the black market. It also comes down to pure numbers, says Frank Scafidi, a spokesman for the National Insurance Crime Bureau: "Hondas and Toyotas, they sell millions of these things, so there are more targets, obviously."
Most neighborhood hooligans wouldn't know how to steal a Lamborghini, but when it comes to more mundane rides they are equal-opportunity snatchers, Scafidi says. The vehicles most likely to get nabbed range from the tiny Honda Civic, ranked second on our list, to the fifth-ranked Dodge Ram pickup. Even minivans aren't immune--the 2000 Dodge Caravan is a hot target as well.
Behind the Numbers
To find out which cars are the most likely to be stolen, we consulted data from the National Insurance Crime Bureau, a nonprofit group in Des Plaines, Ill., devoted to preventing insurance fraud and vehicle theft. Its Hot Wheels 2009 study determined the vehicle make, model and year for every car reported stolen to the National Crime Information Center, a division of the FBI.
The results are a preliminary quantity--the NCIC will release the final crime report later this month--but 2008 is on track to become the fifth consecutive year of declining auto thefts in the U.S. If the figures hold, total thefts will be less than 1 million vehicles--the lowest annual total in at least 20 years.
That's good news in a tough economy, because crime is expensive. According to FBI data, between $7 billion and $8 billion is lost every year due to auto theft. In 2007, the most recent year with complete data, authorities recovered only 58% of stolen vehicles. Read more.................
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