Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

http://thesoutheastasiaweekly.com/

Extraction ahead of schedule

Mesco Gold has established drilling and exploration resources at the Phum Syrang prospect in Ratanakkiri province, targeting extraction by late 2014, three to six months ahead of schedule, according to a statement released by Angkor Gold, which holds the land concession. The statement said Mesco had ...

http://www.phnompenhpost.com/2013030861824/Business/extraction-ahead-of-schedule.html

Farmers of crocodile say no to skin exports

Cambodian crocodile farmers prefer selling young live crocodiles directly rather than raising crocodiles and selling their skins for export as they believe there is no market, despite officials encouraging crocodile farming for skin exports. Heng Chheng, a crocodile farmer from Battambang, has raised crocodiles since 1984. ...

http://www.phnompenhpost.com/2013030761796/Business/farmers-of-crocodile-say-no-to-skin-exports.html

New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html

Birds and eggs banned from entering Thailand from Cambodia; vehicles sprayed at border points

Top officials from the Livestock Development Department inspected the work of the animal quarantine center in Sa Kaew province, located on the shared border with Cambodia. Officials at the quarantine center, situated at Ban Khlong Luek permanent border point, now implements such measures as spraying ...

http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNEVN5603050010002

Thais to set up maize plant

THAI agribusiness giant Charoen Pokphand (CP) Foods is setting up a new silo and drying plant for maize in Pailin province. The exact investment cost is not known. According to a newspaper report in The Nation, the plant, together with a planned feed-meal plant in Laos, ...

http://www.phnompenhpost.com/2013030561742/Business/thais-to-set-up-maize-plant.html

CPF subsidiaries investing Bt250m in Laos, Cambodia

CP Laos and CP Cambodia are investing a combined Bt250 million to set up a new silo for maize in Cambodia and a new feed-meal plant in Laos to strengthen CPF’s integrated agricultural-industrial business as the Asean Economic Community (AEC) approaches. Most recently, the company ...

http://www.nationmultimedia.com/business/CPF-subsidiaries-investing-Bt250m-in-Laos-Cambodia-30201178.html

Cambodia to earn $50 mln a year from cassava exports to China

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjdjMmVlNGJmZDQ

Cambodian exports to Malaysia almost double in 2012

Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc

Cambodian Government Agrees In Principle to Risda Opening Rubber Estates

The Cambodian Government has agreed in principle with Rubber Industry Smallholders’ Development Authority (RISDA) to open 20,000 hectares of rubber estates in that country on a joint venture basis, its Chairman Tan Abdul Tamby said. The former Melka chief minister said the Federal Government through the ...

http://www.bernama.com/bernama/v7/ge/newsgeneral.php?id=930464

BUSINESS IN BRIEF 27/2: Cambodia, Laos Rubber

The area under Viet Nam Rubber Group’s cultivation in Laos and Cambodia totals 100,000 ha, including 27,000 ha under the group’s seven rubber projects in Laos. By the end of 2012, VRG had 21 rubber projects in Cambodia, including 19 rubber tree plantations and ...

http://english.vietnamnet.vn/fms/business/67334/business-in-brief-27-2.html

Charcoal prices rise in urban areas

Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...

http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html

Villagers File Complaint Against Vietnamese Rubber Firm

Twelve ethnic Tampuon families living in Ratanakkiri province’s Lumphat district yesterday filed a complaint with the provincial land management department, accusing the owners of a Vietnamese rubber plantation of clearing their farmland, local official said. Tun Vantham, chief of Samuth Loeu village in Seda commune, said ...

http://www.cambodiadaily.com

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