Agriculture
Agricultural commodities, processing and products
Koh Kong Land Dispute Case Delayed Again
The Koh Kong Provincial Court yesterday postponed the hearing of a controversial case against a Thai-owned sugar company that more than 200 families alleged had taken their land for the company’s sugar plantations, lawyers and village representatives said yesterday. Ny Sorphornneary, the lawyer for the families, ...
Viet Nam invests over VND110 billion in sugar planting in Cambodia
Sugar factories from Tay Ninh Province have spent over VND110 billion (US$5 million) to plant sugar cane in Cambodia’s Svay Rieng Province for the 2012-2013 crop, said the Tay Ninh People’s Committee. Vietnamese sugar producers have planted the crops in Cambodia as sugar cane in ...
Rubber price drops as exports increase
Rubber exports increased by more than 5 per cent in the first half of the year compared to the same period in 2011 as the price decreased more than 28 per cent, according to data received from Cambodia’s Ministry of Commerce. The data shows that ...
Inflation Falls on Lower Gas, Food Prices
Consumer prices in Phnom Penh grew just 1.8 percent year-on-year in the month of June, the lowest increase in almost two years, as food and gas prices remained stable, according to figures released yesterday by the Ministry of Planning. In its monthly inflation report, the ministry ...
Cambodia's inflation slightly up to 3.8% in June
Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...
http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm
Court date set for Koh Kong farmers
More than six years after a sugar company bulldozed their farms in Koh Kong province, some 200 families who have held out ever since, arguing the action was illegal, will finally get their day in court on Thursday. 100 villagers will join them at the ...
Cambodia’s largest port reports US$14-M revenues, + 14% in 1st 5 months of Y 2012
Cambodia’s largest Sihanoukville Autonomous Port (SAP) Saturday reported that it earned the total revenues of about US$14-M in the 1st 5 months of this year, + 14 rise from US$12.3-M at the same period last year. Goods exported through the port are mostly garment products and ...
Farmers say officials displaced their jobs
About 20 families in Koh Kong province are accusing provincial authorities and military police of blocking them from farming on land that is part of a dispute with a Chinese development firm stretching back almost five years. The rice farms are in Botum Sakor district, which ...
Workers ditch factories for fields
At some point during the planting season this year, Pheap Srey Ngoun will leave her garment factory floor for a rice paddy in Cambodia’s Prey Veng province. Like many fellow garment workers she will leave her position, with permission from the factory, to lend a hand ...
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Cassava plantings decrease
Cassava plantings in Battambang province dropped more than 18 per cent in the first half of the year compared to the same period in 2011, according to agriculture officials. The decease is a result of that previous year’s yield fetching a low price and farmers ...
http://www.phnompenhpost.com/index.php/2012072357551/Business/cassava-plantings-decrease.html
Trade Deficit Up 34 Percent On Last Year
Cambodia’s trade deficit in the first half of the year grew 34.31 percent compared with the same period in 2011, reaching $1.36 billion, according to data released by the Ministry of Commerce. Though revenues earned from exports grew 12.13 percent to about $2.50 billion, a growing ...
PM looks to counter OPEC, push rice-exporting power
Cambodia will push to finalise a rice-exporting bloc with four other regional countries by the end of the year in a bid to become the world’s “food basket”, according to the Ministry of Commerce. The group of countries including Cambodia, Vietnam, Thailand, Laos and Myanmar – ...
http://www.phnompenhpost.com/index.php/2012071957506/Business/pm-looks-to-counter-opec.html
Cedac Encourages Using Frogs As an Alternative to Pesticides
Cambodian farmers often turn to pesticides when trying to stop insects from destroying crops, but the Cambodian Center for Study and Development in Agriculture (Cedac) has come up with a better idea: frogs. “Frogs are important to protect rice plants from damage by insects, especially during ...
Cambodia will not export rice to Philippines
After the Philippines government issued their own policy regarding milled rice exports the Ministry of Commerce of Cambodia has expressed its disinterest in exporting milled rice to its neighbour, Cambodia’s Commerce Minister said yesterday. Local rice millers will not be encouraged to make any efforts to ...
Cambodia, Indonesia to Sign 100,000 Ton Rice Trade Deal in August
Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...
$20 million rice mill for Oddong
When London-based real estate investor Sanjay Dhir heard about Cambodia from his Indian partner Manoj Varma, he took a trip here in October 2010 and stopped by the roadside to meet the operators of a portable rice mill. He knew then that Cambodia was ready for ...
http://www.phnompenhpost.com/index.php/2012071757449/Business/20-million-rice-mill-for-oddong.html
Rats Good Business for Cambodians, Food for Vietnamese
Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...
Kampot Pepper Demand Sees Production Increase
Growing demand abroad for Kampot pepper has resulted in production levels for the commodity increasing by 22 percent to 22 tons during this year’s harvest, officials said yesterday. Nguon Lay, president of the Kampot Pepper Association, said that the amount of farmland used to cultivate pepper ...
Land dispute hearing delayed
The Koh Kong Provincial Court yesterday postponed the first hearing in a long-running land dispute between dozens of villagers from Chikor Leu commune and sugar companies believed to be partly owned by ruling-party senator Ly Yong Phat. ...
http://www.phnompenhpost.com/index.php/2012071357394/National-news/land-dispute-hearing-delayed.html
Prices and Monetary Developments
Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...
Cambodian rice to be DNA tested
Thailand may not export certain varieties of Cambodian-grown, but Thai-milled, rice internationally due to fears of intellectual property violations. Cambodian Malis rice is very similar to jasmine rice, and Thailand has expressed concerns that it may infringe on the Thai-owned jasmine rice variety. The Ministry of Agriculture has been ...
http://www.phnompenhpost.com/index.php/2012071157331/Business/rice-dna-tested.html
The Kingdom's stubborn problem with food security
While Cambodia has made remarkable gains economically over the past decade and more-the Kingdom’s poverty level fell from 47 percent in 1994 to 25 percent this year-there are still some stubborn areas of underperformance. One is the issue of food security. While in recent years, the country has largely been able to produce ...
Drought hits rice fields in northern Cambodia
Two consecutive months of drought have severely damaged thousands of hectares of rice fields in Krokor district and neighboring areas in Pursat province. ...