Vinamilk Sees Revenue Doubling in Overseas Expansion Push

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

Bloomberg News Staff
http://www.bloomberg.com/news/2013-09-30/vinamilk-sees-revenue-doubling-in-overseas-expansion-push.html

Damage control for Dumex

While New Zealand dairy giant Fonterra is working overtime to restore its damaged brand in the wake of a contaminated baby milk scare that triggered a global recall, local distributors whose products included the suspect ingredient are defending their own reputations. Local supplier Dumex Cambodia ...

Daniel de Carteret
http://www.phnompenhpost.com/business/damage-control-dumex

The slaughterhouse blues

It’s 1am and, as Phnom Penh sleeps, the haunting squeals of distressed animals are all that can be heard in the darkness of a field in Russey Keo district. Pigs in open-air sheds have sensed what’s coming: Hundreds of them are about to be slaughtered for ...

Shane Worrell and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/slaughterhouse-blues

Inspections over tainted milk start in markets

Government officials began inspecting markets across the country yesterday in search of baby formula containing an ingredient from New Zealand dairy giant Fonterra that could cause botulism, quality control representatives at the Ministry of Commerce said. “We informed all our officials directly to collect nationwide some ...

http://www.phnompenhpost.com/business/inspections-over-tainted-milk-start-markets

Health Ministry to Probe Suspect Baby Formula

The Ministry of Health will investigate a baby milk formula sold in Cambodia that has been recalled over a risk it contains bacteria that causes botulism, an official said Tuesday. New Zealand dairy company Fonterra has advised eight companies that bought a whey protein concentrate produced ...

http://t

Baby milk recalled in Cambodia

Potentially contaminated infant milk powder that had been banned in China, Russia and Vietnam is now being recalled in Cambodia. The Cambodian distributor of a milk powder product that uses a suspect ingredient from New Zealand dairy giant Fonterra is recalling thousands of units as a ...

http://www.phnompenhpost.com/business/baby-milk-recalled-cambodia

Cambodia’s first dairy plant

Cambodia’s first dairy factory is being planned for Phnom Penh, as one of the owners, a Vietnam-based dairy company, hopes to tap strong local demand for its products. The 2.7-hectare factory, in the Phnom Penh Special Economic Zone (PPSEZ), would produce condensed milk, yoghurt and UHT ...

http://www.phnompenhpost.com/2013042565223/Business/cambodia-s-first-dairy-plant.html

Vendors: food prices rise before Khmer New Year

The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...

http://www.phnompenhpost.com/2013041265052/Business/vendors-food-prices-rise-before-khmer-new-year.html

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

Hong Kong bans eggs from Cambodia

Hong Kong has banned egg imports from Cambodia due to the country’s recent avian influenza outbreak, which claimed four lives last month. “Hong Kong does not import live poultry or poultry meat from Cambodia, but 170,000 poultry eggs were imported from there last year,” the ...

http://www.phnompenhpost.com/2013020561181/National/hong-kong-bans-eggs-from-cambodia.html

Slight fall in food price index

Global food prices fell 1 per cent or two points in the October 2012 Food and Agriculture Organisation’s (FAO) Food Price Index released on October 7, 2012. The index averaged 213 points, compared to September’s revised level of 215 points. According to the FAO, the decrease ...

http://www.phnompenhpost.com/index.php/2012110959664/Business/slight-fall-in-food-price-index.html

Cambodian farmers squeezed out

Cambodians like pork. The average Cambodian consumes 9.29 kilogrammes of the meat a year and local farmers have long supplemented their incomes by selling an average of two pigs a year. In 2008, Cambodian farmers supplied around 2 million pigs, more than 90% of domestic demand. ...

http://www.bangkokpost.com/business/economics/314912/cambodian-farmers-squeezed-out

The bank that likes to say less: Cambodia’s greatest commercial success story is not over yet

AN HOUR’S drive south of Phnom Penh, deep in rural Cambodia, Chrek Heang is doing the rounds of his rapidly expanding poultry and fisheries business. Just four years ago he was living, like most of his countrymen, in a small wooden hut with a tin ...

http://www.economist.com/node/21563302

Local Farmers Can't Compete With Cheap Pork

Cambodians like pork. The average Cambodian consumes almost 9.29 kg of the meat each year, and local farmers supplied about 2 million pigs, more than 90 percent of the domestic demand, in 2008. But the market for small-scale pig farmers has flown. Live pig prices have fallen ...

Rat meat on the menu at the Vietnamese border

Eating rat is a common phenomenon over the border in Vietnam, but increasing numbers of Cambodians in nearby villages are adopting rodent cuisine with relish. As many as three tonnes of rats are caught every day in Cambodia and exported to Vietnam to feed a ...

http://www.phnompenhpost.com/index.php/2012091258640/Lifestyle/rat-meat-on-the-menu-at-the-vietnam-border.html

Food Prices Remain High

Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...

http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html

Korean tourists fuel demand for dog meat in Cambodia

Riding a motorcycle with a cage, Pov Nat scours rural areas for dogs. He pays between 30,000 ($7.38) and 80,000 riel a head and sells the animals to a butcher in Siem Reap. The 21-year-old native of Kampong Cham province began buying dogs after coming to ...

http://view.koreaherald.com/kh/view.php?ud=20120826000233&cpv=0

Inflation Falls on Lower Gas, Food Prices

Consumer prices in Phnom Penh grew just 1.8 percent year-on-year in the month of June, the lowest increase in almost two years, as food and gas prices remained stable, according to figures released yesterday by the Ministry of Planning. In its monthly inflation report, the ministry ...

Cambodia's inflation slightly up to 3.8% in June

Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...

http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm

Rats Good Business for Cambodians, Food for Vietnamese

Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...

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