Government Bank Gives Loan for Rice Milling

The government-backed Rural Development Bank has handed a $4.5 million loan to a company planning to invest in Cambodia’s efforts to export more milled rice. Rural Development Bank chairman Son Kuon Thor said yesterday that the bank was giving the loan to a new company ...

http://www.cambodiadaily.com

Rice Harvest to Yield Growth, Official Says

As Cambodia’s rice harvest gets into full swing, the government said yesterday that it expects this year’s crop to exceed last year’s, despite fears that drought would limit the yield. Minister of Agriculture Chan Sarun said that farmers had already harvested more than 3 million tons ...

http://www.cambodiadaily.com

Alliance to disburse $2 million to buy paddy rice, help exports

The Alliance of Rice Producers Exporters of Cambodia (ARPEC) will release US$2 million after December 15th to its members in nine provinces so they can buy paddy rice before the harvest season ends and stocks been depleted. He said the pay out is being drawn from ...

http://www.phnompenhpost.com/

Idemitsu, Cambodia sign biofuel production deal

Idemitsu Kosan Co. said Monday it has signed a memorandum of understanding with the Cambodian government to promote biofuel production in the Southeast Asian country. The move is part of plans by the Japanese energy firm to produce bioethanol out of cassava, a type of potato, ...

http://www.yomiuri.co.jp/dy/business/T121210003291.htm

Cambodia's salt output may decrease

The Kep-Kamport Salt Producers Community expressed concern about the production of salt this year not reaching its forecast due to the late-starting season and the lack of labour to work in the fields. Um Chhun, director of the administration office in Kep-Kamport Salt Producers Community, said ...

http://www.phnompenhpost.com/index.php/2012121060176/Business/salt-output-may-decrease.html

Cambodia Sees Opportunity for US Investment in Agriculture

Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business relatively free from the graft as Cambodia makes anti-corruption headway. Cham Prasidh was in Washington last week, where he and other ...

http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html

Two More Families Drop Sugar Suit for Cash Payout

CPP Senator and business tycoon Ly Yong Phat has convinced to more families in Koh Kong province to take a cash payout in exchange for dropping out of a lawsuit involving two local sugarcane plantations he once co-owned, official said. More that 200 families in Sre ...

http://www.cambodiadaily.com

Labour shortage vexes farmers in Pailin province

Farmers in Pailin province have complained about a shortage of workers during this year’s corn and cassava harvesting season. Meas Loeun, team leader of Momean Moy community’s 38 teams in Pailin, said the shortage of workers to help harvest corn and cassava is a major challenge ...

http://www.phnompenhpost.com/index.php/2012120660128/Business/labour-shortage-vexes-farmers-in-pailin-province.html

Kratie Protest Puts Brakes on Land Demarcation

More than 100 people in Kratie province staged a peaceful protest on Sunday after excavators mobilized by a South Korean timber firm tried to clear and demarcate concession land, a commune official said yesterday. The company, Think Biotech, was granted 34,000 hectares of land on May ...

http://www.cambodiadaily.com

Cambodian, Vietnamese militaries ink deals for quarry, rubber development projects

Cambodian and Vietnamese Defense Ministries on Friday signed two documents relevant to a joint venture for establishing a quarry and a rubber plantation project in Cambodia. According to a document briefed to reporters at the signing ceremony, the two deals included a quarry site establishment in ...

http://news.xinhuanet.com/english/world/2012-11/30/c_132011035.htm

Cambodia, Among Others, Feeding China's Demand for Timber

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

http://www.cambodiadaily.com

Latex exports rise, revenues fall

Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...

http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html

Cambodia inaugurates China-funded road in eastern part

Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...

http://Editor: Tang Danlu

Land dispute back in court

Seven representatives of 415 families entangled in an unresolved land dispute with a deputy commander of the Royal Cambodian Armed Forces have received a second summons to appear in Battambang Provincial Court to clarify accusations that they had vandalized the commander’s property, “They not only ...

http://www.phnompenhpost.com/index.php/2012112059821/National-news/land-dispute-back-in-court.html

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