Agriculture

Agricultural commodities, processing and products

RDB set to distribute $50M to rice millers to sustain paddy market

The state-owned Rural Development Bank (RDB) has announced that it will distribute $50 million in loans to private rice millers to sustain the paddy market for farmers. The Cambodia Rice Federation (CRF) said the funds will be used to purchase nearly 300,000 tonnes of paddy ...

Thou Vireak
https://www.phnompenhpost.com/business/rdb-set-distribute-50m-rice-millers-sustain-paddy-market

Mango exporters urged to set up hi-tech packaging plants

Ngin Chhay, the director-general of the General Directorate of Agriculture at the Ministry of Agriculture, Forestry and Fisheries, on Thursday urged the private sector to set up more mango packaging plants that comply with South Korea and China’s hygiene and quality standards. ...

Thou Vireak
https://www.phnompenhpost.com/business/mango-exporters-urged-set-hi-tech-packaging-plants

Contract farming paying off for growers, millers, say industry insiders

Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said. Contract farming refers to an agreement between a company and an agricultural community regarding prices, quantities and standards of quality. ...

Hin Pisei
https://www.phnompenhpost.com/business/contract-farming-paying-growers-millers-say-industry-insiders

Chinese firms seek investments in coconut farming in Cambodia

A group of investors from the Chinese province of Hainan is now in the Kingdom exploring opportunities in coconut farming. The delegation met yesterday with Minister of Agriculture Veng Sakhon in Phnom Penh to discuss the coconut sector in the Kingdom and announce their intention ...

Chea Vannak
https://www.khmertimeskh.com/50667072/chinese-firms-seek-investments-in-coconut-farming-in-cambodia/

Chinese eye asset management

A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management

CRF: $200M in emergency loans needed for rice sector

The Cambodia Rice Federation (CRF) has asked the state-owned Rural Development Bank (RDB) to provide $200 million in emergency loans to buy paddy from farmers during the ongoing post-monsoon harvest season as falling prices threaten their livelihoods. ...

Thou Vireak
https://www.phnompenhpost.com/business/crf-200m-emergency-loans-needed-rice-sector

Cambodian rice set for export to South Africa

Milled rice exporter Mekong Oryza Trading Co Ltd signed an export memorandum of understanding (MoU) with companies from Hong Kong and South Africa in Phnom Penh on Tuesday. The agreement was inked between Mekong Oryza Trading, Hong Kong-based Zhonghui Taifu International Co Ltd and South African-based ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodian-rice-set-export-south-africa

Officials pumping water into drought-affected rice fields

National Committee for Disaster Management spokesman Keo Vy told The Post on Monday that the drought is taking its toll on more than 10,000ha of rice fields in Battambang and more than 1,000ha in Kampong Cham. He said Prey Veng, Kandal, Takeo, Banteay Meanchey, Tbong Khmum, ...

Khorn Savi
https://www.phnompenhpost.com/national/officials-pumping-water-drought-affected-rice-fields

Obtain quality certification, rubber industry owners told

The Ministry of Agriculture, Forestry and Fisheries has called on rubber industry owners to obtain quality certification for their product to boost rubber prices.​​ The ministry’s director of the Department of Administration and Legislation under the ministry’s General Directorate of Rubber Khuon Phalla spoke to ...

Thou Vireak
https://www.phnompenhpost.com/business/obtain-quality-certification-rubber-industry-owners-told

Japan provides $439,261 for organic cashew farming

The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives.​​ ...

Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/

Kingdom’s rice sector faces lack of capital

A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-sector-faces-lack-capital

Rice exports to China still under last year’s quota: CRF

China has not yet purchased milled rice from Cambodia for the period 2019-2020, with the country still trying to fulfill its quota for the year 2018. Kao Thach, CEO of Rural Development Bank (RDB), told Khmer Times that Cofco – China’s largest food processor, manufacturer and trader ...

Sok Chan
https://www.khmertimeskh.com/50664440/rice-exports-to-china-still-under-last-years-quota-crf/

FTA with South Korea would improve Cambodia’s competitiveness: exporters

Cambodian exporters are hopeful that a free trade agreement with South Korea will boost trade between the nations and attract more investment into the Kingdom.​ Chang Hoon Lee, managing director of Korean exporter Hyundai Agro, said the move is a positive development. A free-trade pact ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50664297/fta-with-south-korea-would-improve-cambodias-competitiveness-exporters/

SOA to build palm sugar factory with Korean firm

Local exporter Signatures of Asia and Korea-based B&G is Life are investing in a palm sugar processing factory in Kampong Speu province.​ In addition to the plant, the collaboration includes a warehouse, a solar dryer, and a blockchain-based traceability system, Pich Chan, SOA general manager, ...

Sok Chan
https://www.khmertimeskh.com/50661040/soa-to-build-palm-sugar-factory-with-korean-firm/

Thailand boosting rubber exports a concern

Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber ...

Thou Vireak
https://www.phnompenhpost.com/business/thailand-boosting-rubber-exports-concern

Cambodia imports 5,000 tonnes of Indian salt

Cambodia imported about 5,000 tonnes of salt from India amid a shortage of stock, Salt Producers Community of Kampot-Kep (SPCKK) co-president Bun Baraing said on Sunday. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-imports-5000-tonnes-indian-salt

China’s rice imports from Kingdom on the rise

China imported 40 percent more rice from Cambodia from January to October this year over the same period last year, according to government data. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50659992/chinas-rice-imports-from-kingdom-on-the-rise/

Cassava more fruitful than rice in Kingdom, says UNDP study

The government and the United Nations Development Programme (UNDP) have called on farmers to grow cassava as a national policy on cassava production nears finalisation.  A UNDP study on Friday found that investing in cassava can result in higher yields than investing in rice, rice ...

Thou Vireak
https://www.phnompenhpost.com/business/cassava-more-fruitful-rice-kingdom-says-undp-study

China a market for fragrant rice

Cambodia is campaigning to boost its luxury fragrant rice exports to China, the world’s largest market, said Cambodia Rice Federation (CRF) vice-president Chan Sokheang on Thursday. Sokheang told The Post on Thursday that the CRF plans to achieve the quota that China provided Cambodia – ...

Hin Pisei
https://www.phnompenhpost.com/business/china-market-fragrant-rice

Kingdom will export one million tonnes of rice by 2022, says CRF

The Cambodia Rice Federation (CRF) has committed to raising the Kingdom’s rice exports to one million tonnes by 2022, its president Song Saran said on Wednesday. The comment was made at the Strategic Plan 2020-2023 Consultation Workshop, which was attended by CRF members, ministry representatives, ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-will-export-one-million-tonnes-rice-2022-says-crf

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