Agriculture

Agricultural commodities, processing and products

Officials say Cambodia's price rises manageable

Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...

http://www.phnompenhpost.com/index.php/2012060556580/Business/officials-say-price-rises-manageable.html

Service Sector

The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite ...

http://www.etmcambodia.com/

Second rice trial to China

Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...

http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html

Cambodia Plans to Send Second Test Consignment of Rice to China

Cambodia is planning to send a second consignment of 40 tons of milled rice to China as a part of the approval process for rice exports to China. In April, China had rejected a sample consignment of about 48 tons ...

http://oryza.com/Rice-News/15283.html#

Agriculture Sector

A better outlook for the price of Cambodian major crops, especially cassava and soybeans, drives the upward revision of growth of the other crops subsector. This in turn leads to a marginal upward revision of growth of the agriculture sector to an annualized rate of 4.6 percent, from 4.5 percent in our January ...

http://www.etmcambodia.com/blog.php?article=213

Canadia Bank backs a rice mill in Takeo

Canadia Bank will launch a rice mill in Cambodia’s Takeo province in October, a move that insiders said could help curb the flow of unmilled rice to neighbouring Vietnam. Bank officials yesterday said they will buy US$3 million in milling equipment, and the total cost of ...

http://www.phnompenhpost.com/index.php/2012053156500/Business/canadia-bank-backs-a-rice-mill-in-takeo.html

Stevia Nutra Corp Establishes Major Cambodian Agriculture Companies

(The Company), an Agro-Management company focused on stevia agronomics, announced that it has incorporated Health Power Trading Company Ltd., a wholly owned BVI subsidiary company and Mighty Mekong Agro Industries Co. Ltd., a Cambodian based wholly owned subsidiary. This strategic move by Stevia Nutra will allow the Company to capitalize on significant labour and technical advantages as ...

http://thesoutheastasiaweekly.com/

Guinea To Buy Milled Rice Product From Cambodia

Guinea will buy 40,000 tons milled rice product from Cambodia in the near future, Eang Sophalet, assistant to Prime Minister Hun Sen said on Friday after the meeting between Samdech Prime Minister Hun Sen and visiting president of Guinea His Excellency Professor Alpha Conde at peace palace in Phnom Penh. ...

http://thesoutheastasiaweekly.com/

Cambodia seeks $200m from China for rice mill

Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a US$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ...

http://www.phnompenhpost.com/index.php/2012053056468/Business/cambodia-seeks-200m-from-china-for-rice-mill.html

Protesters Forgo Roadblock, Distribute Petitions

Villagers in Koh Kong province involved in a long-running land dispute with two sugar cane plantations linked to CPP Senator Ly Yong Phat handed out petitions to passing motorists along National Road 48 demanding their land back. It was a change of pace for the villagers, ...

Rice alliance formed

A new partnership looking to export Cambodian rice to world markets formed yesterday afternoon at Sunway Hotel The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) elected their first executive committee, which includes office holders Phou Puy, Hann Khieng, Oknha Kong Sang, Sok Cheng, Seng ...

http://www.phnompenhpost.com/index.php/2012052856413/Business/rice-alliance-formed.html

Guinea interested in Cambodian rice

The Republic of Guinea plans to import 40,000 tonnes of milled rice from Cambodia, Alpha Condé, the president of the West African nation, said during a recent visit to the Kingdom. The two countries will also look to follow up on agricultural technology co-operation agreed on ...

http://www.phnompenhpost.com/index.php/2012052856412/Business/guinea-interested-in-cambodian-rice.html

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

More Chinese firms weigh local investment

Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss investment in the country Heavy machinery, fertiliser and chemical companies expressed interest in Cambodia’s agricultural sector ...

http://www.phnompenhpost.com/index.php/2012052556376/Business/more-chinese-firms-weigh-local-investment.html

China OKs Kingdom rice

After more than a year of speculation on Cambodian rice exports to China, a rice exporter this week said China has granted the Kingdom permission to ship milled rice northward. Despite a growing stack of quasi-agreements for exports, regulatory issues have plagued the prospects of tapping ...

http://www.phnompenhpost.com/index.php/2012052456355/Business/china-oks-kingdom-rice.html

Police Begin Dismantling Mondolkiri Village Involved in Dispute

As the eviction deadline looms for residents of a Mondolkiri village embroiled in a land dispute with a Vietnamese-owned rubber plantation, police have begun to dismantle vacant homes in the village, an official and a villager said yesterday. Sin Seng, 43, a resident of the remote ...

International interest in Cambodian sugar

Sweet news for Cambodian palm-sugar farmers: 10 international companies are keen to import their produce, one of the Kingdom’s signature products. Sam Saroeun, president of the Kampong Speu Palm Sugar Promotion Association, said that after an exhibition in South Korea earlier this month, several international importers ...

http://www.phnompenhpost.com/index.php/2012052356317/Business/international-interest-in-cambodian-sugar.html

Families on Rubber Company's Land Face Eviction Deadline

Surrounded by 100-armed police officers, authorities in Mondolkiri province yesterday said the roughly 200 families living on a rubber company’s land concession in Koh Nhek district have until Friday to leave their homes. After having already seen district police burn down three of their homes over ...

Private Firms Approach Cambodia’s Bourse With Caution

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

Cambodia rubber drops 6 per cent

Cambodia’s rubber prices declined almost six per cent in the past two weeks, caused by concern over the European crisis with Greece, industry players and Cambodian officials said yesterday. Men Sopheak, deputy director general of Chop Rubber Plantation, a big rubber exporter in Cambodia, said the ...

http://www.phnompenhpost.com/index.php/2012051856229/Business/cambodia-rubber-drops-6-per-cent.html

Cambodian Rice Exports Fall Short of Government Hopes

Cambodia’s rice exports in 2012 may fall significantly compared to last year, due to high fuel prices, soaring logistics costs and high prices. According to local sources, Cambodian rice shipments to Europe this month are at a $200 markup per container over those from Thailand and ...

http://oryza.com/Rice-News/15163.html

Slow outlook for 2012 rice exports

Rapidly increasing logistics costs and low regional rice prices would hinder Cambodia’s rice-export target this year, with one expert saying that milled-rice exports could fall to half of last year’s shipments. The cost of shipping rice to Europe climbed by more than 50 per cent between ...

http://www.phnompenhpost.com/index.php/2012051756213/Business/slow-outlook-for-2012-rice-exports.html

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