As rice exports to EU drop, dealers are reducing prices due to tariffs

Government data showed that Cambodia’s rice exports to the European Union had dropped by 30 percent in 2019, after the economic bloc imposed tariffs at the start of last year. Ministry of Agriculture data showed that rice exports dropped from 300,000 tons in 2018 to around ...

Sun Narin
https://www.voacambodia.com/a/as-rice-exports-to-eu-drop-dealers-are-reducing-prices-due-to-tariffs-/5229066.html

PM urges farmers to diversify crops amid shortage of water

Prime Minister Hun Sen on Thursday called for farmers to diversify beyond rice during the dry season, amid meteorologists’ warnings that a decline in water levels due to drought will adversely impact output and prices. ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-urges-farmers-diversify-crops-amid-shortage-water

Hun Sen wants foreign money to invest in agro-processing

Cambodia’s Prime Minister is calling for more investments on agriculture processing and technology industry in the Kingdom. Speaking at a graduation ceremony yesterday, Mr Hun Sen said that more than 2 million hectares of paddy were harvested among the 2.7 million hectares of cultivated land ...

Sok Chan
https://www.khmertimeskh.com/50674133/hun-sen-wants-foreign-money-to-invest-in-agro-processing

Hun Sen defends free market rice pricing in the Kingdom

Prime Minister Hun Sen yesterday defended the Kingdom’s stance in letting the free market determine the price of rice and blasted critics by saying Cambodia is not a communist country. Fluctuations in the price of rice have some farmers calling on the government to set ...

Ben Sokhean
https://www.khmertimeskh.com/50674238/hun-sen-defends-free-market-rice-pricing-in-the-kingdom

WFP project blends regular and fortified rice

The World Food Programme Cambodia and Green Trade Company yesterday launched a project to blend regular rice with fortified rice to be used to provide free breakfast for children in targeted schools next year.​ ...

Pech Sotheary
https://www.khmertimeskh.com/50671914/wfp-project-blends-regular-and-fortified-rice

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

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