Kampong Thom gets new cashew plant
Top Planning Japan Co Ltd is working with a local cashew nut processing business owner to set up a plant in Kampong Thom province’s southwestern Kampong Svay district in a bid to champion Cambodian finished products. ...
Thou Vireak
https://www.phnompenhpost.com/business/kampong-thom-gets-new-cashew-plant
Exports rise in value, lower imports
Cambodian total export values amounted to $5.9 billion, a year-on-year increase of 11.7 percent in the first five months of this year. The value of Cambodia’s total imports amounted to $8.1 billion, a decrease by 1 percent in the same period, compared with 2019, according ...
Sok Chan
https://www.khmertimeskh.com/50749966/exports-rise-in-value-lower-imports/
Contract farming gives hope to agriculture cooperatives
Amru Rice (Cambodia), and 22 agriculture cooperatives (ACs) from three provinces signed contract farming deals to supply and produce fragrant paddy on sustainable rice platform for the 2020 cultivation season. ...
Sok Chan
https://www.khmertimeskh.com/50755135/contract-farming-gives-hope-to-agriculture-cooperatives/
Cambodia has exported more than 3 million tonnes of agricultural produce
More than 3 million tonnes of Cambodia’s agricultural products were exported as of Sept 11, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...
Fisheries output near 1M tonnes
Fisheries production in Cambodia this year is expected to clock in at 936,300 tonnes, up 3.06 per cent from the 908,508 tonnes logged in for the entire year 2019, according to the Ministry of Agriculture, Forestry and Fishery’s Fisheries Administration. ...
Hin Pisei
https://www.phnompenhpost.com/business/fisheries-output-near-1m-tonnes
Top six agro-industrial crops net Kingdom $2.32B in 2020
Cambodia exported 8.55 million tonnes of its six most profitable agro-industrial crops, through formal and informal channels, worth more than $2.32 billion this year as of December 15, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Thou Vireak
https://www.phnompenhpost.com/business/top-six-agro-industrial-crops-net-kingdom-232b-2020
Press release: New E-commerce grants, training set to boost cambodia’s small and medium enterprises
On 28 December 2020, the Ministry of Commerce issued a press release on new E-commerce grants and training set to boost Cambodia’s small and medium enterprises. So far, 125 small and medium enterprises are set to gain grants and training in online commerce through a ...
Ministry of Commerce
Chilli exports ratchet up a red-hot 27% in spicy 2020
The government’s policy to boost productivity performance in the agricultural sector has lit a fire under the Kingdom’s exports, with shipments of fresh chilli flaring up 27.08 per cent from 55,513 tonnes in 2019 to 70,546 tonnes in a spicy 2020, according to Minister of ...
Hin Pisei
https://www.phnompenhpost.com/business/chilli-exports-ratchet-red-hot-27-spicy-2020
NBC: Informal lenders shouldn’t tarnish all industry
The National Bank of Cambodia (NBC) has made it clear that the whole microfinance industry should not be held accountable for some of the unregulated microloans that are pushing people deeper into debt. ...
Jason Boken
https://www.khmertimeskh.com/50771437/nbc-informal-lenders-shouldnt-tarnish-all-industry/
Applause after non-bank finance regulator minted
The private sector applauded the establishment of the Non-Bank Financial Services Authority (NBFSA) following Senate approval of a draft law on its organisation and function. ...
May Kunmakara
https://www.phnompenhpost.com/business/applause-after-non-bank-finance-regulator-minted
Cassava prices jump on lacklustre harvest
Cassava prices in the provinces bordering Thailand and Vietnam increased during the 2020-2021 harvest season as a result of lower crop yields, according to two top provincial commerce officials. ...
Thou Vireak
https://www.phnompenhpost.com/business/cassava-prices-jump-lacklustre-harvest
China customs size up mangoes
A team from China’s General Administration of Customs (GACC) on March 10 conducted a virtual inspection of three Cambodian mango farms and four treatment facilities to ensure that they are fit for export, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Thou Vireak
https://www.phnompenhpost.com/business/china-customs-size-mangoes
Joint press release on the twenty-year spatial plan for Mondulkiri province
On 18 February 2021, the World Wide Fund for Nature (WWF) issued a joint press release on the twenty-year spatial plan for Mondulkiri province. This spatial plan is a process involving multilateral parties such as Mondulkiri provincial council, the United States Agency for International Development ...
World Wide Fund for Nature (WWF-Cambodia)
Labour ministry to distribute $26 mil in aid
In the latest round of financial assistance, the Labour Ministry will distribute $26 million to 9,972 employees at 40 companies who have lost their jobs in the garment and tourism sectors. ...
Kunvuth Monykanchna
https://www.khmertimeskh.com/50834076/labour-ministry-to-distribute-26-mil-in-aid/
France mulls $95M in agri-loans
The Ministry of Agriculture, Forestry and Fisheries expects to receive €80 million ($95 million) in loans this year from the French government and Asian Development Bank (ADB) to develop two projects that support Cambodian agricultural value chains. ...
Thou Vireak
https://www.phnompenhpost.com/business/france-mulls-95m-agri-loans
Announcement on the requirements to apply “entry-exit permit” for factories, enterprises, and handicrafts
On 15 April 2021, the Ministry of Labour and Vocational Training released an announcement on the requirements for documents and places to apply for “entry-exit permit” for factories, enterprises, and handicrafts that are allowed to operate during the implementation of the temporary lockdown measures in ...
Ministry of Labour and Vocational Training
NBC launches new payment and transfer system
National Bank of Cambodia (NBC) officially launched its national retail payment system “Retail Pay” yesterday to support and provide fast payment facilities for trade settlement and fund transfers in the Kingdom. ...
Sok Chan
https://www.khmertimeskh.com/50807469/nbc-launches-new-payment-and-transfer-system/
Ministry ‘bullish’ on prospects of recovery
The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...
Sok Chan
https://www.khmertimeskh.com/50807772/ministry-bullish-on-prospects-of-recovery/
Pepper plantation expected to increase this year
The planting of pepper is expected to increase this year thanks to growing demand for the condiment on the international market, particularly from China. ...
Chea Vanyuth
https://www.khmertimeskh.com/50816983/pepper-plantation-expected-to-increase-this-year/
Cashew prices promising in early harvest but poor weather hits yield
Early harvest season prices for cashew nuts appear to be promising but farmers in some provinces are facing a possible delay in the start of the harvest because of unfavorable weather conditions. The harvest season of the cashew nut generally begins in February and continues ...