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 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

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/

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/

Ministry reveals informal rice export figures

In the first eight months of the year, Cambodia exported 1.6 million tonnes of paddy rice to neighbouring Vietnam through informal channels, a recent report from the Ministry of Agriculture revealed. That figure is significantly higher than the total amount of milled rice shipped abroad through ...

Chea Vannak
https://www.khmertimeskh.com/50640842/ministry-reveals-informal-rice-export-figures/

Contract farming schemes rising: Ministry

The Ministry of Agriculture said the number of contract farming schemes is increasing remarkably, helping enhance productivity and market access for farmers. From January to August, a total of 91 contract farming schemes were inked in various sectors, including rice, sugarcane and livestock production, the ministry ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50639917/contract-farming-schemes-rising-ministry/

Cambodia’s rice farmers in serious danger

Half a million Cambodian farmers could possibly be looking at empty rice bowls if the European Union (EU) pushes through with the withdrawal of its Everything But Arms (EBA) trade preference. While the garment and footwear sectors stand to lose the most if the EBA trade ...

Jason Thomas
https://theaseanpost.com/article/cambodias-rice-farmers-serious-danger

Seven provinces hit by drought, ministry uses pumps to save crops

Some 39,966ha of paddy fields across seven provinces have been hit by drought, with the Ministry of Water Resources and authorities using pumps to save crops in areas near sources of water. Officials said the drought in these areas could continue for more than another month. ...

Khorn Savi
https://www.phnompenhpost.com/national/seven-provinces-hit-drought-ministry-uses-pumps-save-crops

CRF awaits response from EU

The European Court of Justice has yet to make a pronouncement regarding a lawsuit filed by the Cambodia Rice Federation in April against the European Union’s decision to impose tariffs on Cambodian Indica rice. The information was revealed during a CRF meeting Friday chaired by president ...

Chea Vannak
https://www.khmertimeskh.com/50612498/crf-awaits-response-from-eu/

Increased Chinese rice exports MoU to be signed at 2nd BRF

Prime Minister Hun Sen is set to sign a memorandum of understanding (MoU) on increased rice quotas with China at the 2nd Belt and Road Forum for International Cooperation in Beijing, according to a statement on Wednesday from the Ministry of Commerce. Minister of Commerce ...

Hin Pisei
https://www.phnompenhpost.com/business/increased-chinese-rice-exports-mou-be-signed-2nd-brf

Despite loss of duty-free status, Kingdom’s rice exports see 6% increase

Despite losing its duty-free export status in the EU, the Kingdom’s rice exports saw a six per cent increase in the first quarter of this year compared to the same period last year, according to figures released by the Secretariat of One Window Service for ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/despite-loss-duty-free-status-kingdoms-rice-exports-see-6-increase

Paddy rice production reaches 7.4 million in 2018

Cambodia produced 7.4 million tonnes of paddy rice in 2018, a 3.5 percent increase, according to the Ministry of Agriculture’s annual report. In its report, the ministry said total production in 2018 was only 88.47 percent of what the government expected, adding that 2.4 million ...

Chea Vannak
https://www.khmertimeskh.com/50575496/paddy-rice-production-reaches-7-4-million-in-2018/

Positive sign in EU rice tariff saga

The European Union yesterday failed to come to a consensus on taxing Cambodia fragrant and white rice, giving leaders of the local rice sector more time to plan the next step in their fight to stop the EU from imposing tariffs. ...

Sok Chan and Sangeetha Amarthalingam
https://www.khmertimeskh.com/50556403/positive-sign-in-eu-rice-tariff-saga/

Drought affects 13 provinces

Drought has affected about 20,000ha of rice fields in 13 provinces, with Kampong Cham being the most affected, said National Committee for Disaster Management spokesman Keo Vy on Sunday. Vy said early in the rainy season, torrential rain nationwide caused flooding and damage to roads ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/drought-affects-13-provinces

Nine communities join contract farming scheme

Nine more agricultural communities in Kampong Thom province have joined the government’s Boosting Food Projection Programme, entering a contract farming scheme with local exporter Amru Rice. The communities have recently signed agreements with Amru Rice, agreeing to supply a combined 8,000 tonnes of paddy rice ...

Chea Vannak
https://www.khmertimeskh.com/50525637/nine-communities-join-contract-farming-scheme/

RDB to request an extra $50 million to beef up agriculture emergency fund

The Rural Development Bank (RDB), a state-own institution, plans to request an additional $50 million to beef up the government-led emergency fund for the agriculture sector, according to a bank representative. ...

Sok Chan
https://www.khmertimeskh.com/50523714/rdb-to-request-an-extra-50-million-to-beef-up-agriculture-emergency-fund/

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