Trade
Exports
Cambodia fears tough competition for long-grain rice exports from India
Cambodia rice exporters are fearing that the Indian government’s decision to release 5 million tons of rice in the open market to control price hikes may have a spill over effect on global rice exports, according to local sources. ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-fears-tough-competition-long-grain-rice-exports-india
India’s rice dump may impact local exports
With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports. David Van, acting secretary-general of a newly established Cambodia Rice Federation, said ...
May Kunmakara
http://www.phnompenhpost.com/business/india%E2%80%99s-rice-dump-may-impact-local-exports
Thailand says border trade rising between Surin and Oddar Meanchey
Border trade between Surin province in Thailand and Oddar Meanchey province in Cambodia is rising following military measures, the National News Bureau of Thailand said Sunday. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDY1YTgxYjYzOTh
Surin Chamber of Commerce: Thai-Cambodia border trade surges
The Surin Chamber of Commerce has revealed that border trade between Thailand and Cambodia has risen since the National Council for Peace and Order (NCPO) launched a number of measures on politics, the economy, society, and security. ...
National News Bureau of Thailand
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5706220010004
Cambodian, Thai companies ink deal to build 50 mln USD rice mill
Cambodia’s Soma Group and Thailand’s C.P. Intertrade on Thursday signed a joint-venture agreement to build a sophisticated rice milling and refining factory in the western Kampong Speu province of Cambodia. The deal was inked between Sok Puthyvuth, chief executive officer of Soma Group, and Prasit Damrongchietanon, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=225245
Feed plant in Pailin to aid farmers’ stockpiles
Pailin province’s $5 million animal-feed processing plant and warehouse is to finish construction in the next three months and it is a welcomed development for the local farming community. The plant’s owner, Chea Kea, who also owns Diamond Crown casino on the border with Thailand in ...
Chan Muyhong
http://www.phnompenhpost.com/business/feed-plant-pailin-aid-farmers%E2%80%99-stockpiles
Rice piles up as exports slow
Lagging demand from foreign buyers has led to Cambodian rice being stockpiled at the country’s mills, according to the head of the country’s peak rice body. Sok Puthyvuth, president of the Cambodia Rice Federation (CRF), said that with exporters receiving fewer orders, the country’s larger rice ...
Hor Kimsay
http://www.phnompenhpost.com/business/rice-piles-exports-slow
Cambodia: Garment and textile exports grow in Q1
Despite lapses in factory safety and ongoing labour unrest, Cambodian exports of garments and textiles grew 9% in the first three months of the year. According to data from the Garment Manufacturers Association in Cambodia (GMAC), Cambodia exported US$1.17bn worth of garments and textiles between January ...
Katie Smith
http://www.just-style.com/news/garment-and-textile-exports-grow-in-q1_id122051.aspx
Gov’t continues to seek new markets
The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...
Chan Muyhong
http://www.phnompenhpost.com/business/gov%E2%80%99t-continues-seek-new-markets
Italy seeks to halt EU imports of duty-free Cambodian rice: report
Italy plans to lobby the European Union to halt duty-free imports of rice from Cambodia to protect local rice growers and millers, an industry source says. In a report Thursday, oryza.com said Italy was preparing to submit a report to Brussels saying that Cambodian rice was ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjBkNGJjNWM0ZDR
Bilateral trade with Malaysia up 17.6 percent
Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...
Kang Sothear
http://www.cambodiadaily.com/business/bilateral-trade-with-malaysia-up-17-6-percent-61078/
Back on timber patrol
When Cambodia’s most prominent forest activist, Chut Wutty, was gunned down in April 2012, the community network he created to sabotage the rampant deforestation of this vast forest fragmented. The forest patrols that he organised nearly ground to a halt. Without money to fund large-scale expeditions, ...
May Titthara and Daniel Pye
http://www.phnompenhpost.com/national/back-timber-patrol
Vietnam’s fish industry dominates in Cambodia
At Chraing Chamreh wholesale fish market in Phnom Penh’s Russei Keo district, men frantically scoop dark, snake-like Trey Phtok fish out of a huge steel tank and into a wicker basket. The flickering pile of tails and gaping mouths is placed on a scale and weighs ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/vietnams-fish-industry-dominates-in-cambodia-60676/
Value of imported goods from Thailand jumps 14 percent
The total value of goods imported from Thailand increased more than 14 percent in the first four months of this year compared to the same period last year, according to data released Friday by the Thai Embassy in Phnom Penh. The figures show that the total ...
Kang Sothear
http://www.cambodiadaily.com/business/value-of-imported-goods-from-thailand-jumps-14-percent-60671/
Exporter under attack in rice row
In December 2011, the managing director of Megagreen Imex Cambodia, Renne Outh, proudly announced that his firm had inked a $21 million deal to be the first to ship Cambodian rice to the Philippines. Nearly two and a half years on, not a single Cambodian grain ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/exporter-under-attack-rice-row
FAO Estimates Cambodia 2014 Rice Exports to Increase Slightly to 1.2 Million Tons
The UN’s Food and Agriculture Organization (FAO) has estimated Cambodia’s 2014 rice exports to increase slightly to 1.2 million tons over that in 2013 due to increased production. The FAO reports that its exports estimate includes unofficial exports of milled as well as paddy rice ...
Oryza News Staff
http://oryza.com/news/rice-news/fao-estimates-cambodia-2014-rice-exports-increase-slightly-12-million-tons
Rice industry caught in flux
The rice industry’s quest for greater quality at lower cost reached a dead end yesterday at a conference in Phnom Penh, with exporters and farmers polarised on how to achieve greater returns for the industry. The workshop, titled “Improving Rice Value Chain and Enhancing Farmers’ Livelihoods”, ...
Chan Muyhong
http://www.phnompenhpost.com/business/rice-industry-caught-flux
Rice exports to Thailand dive
Rice exports to Thailand plummeted in the first four months of the year as a result of that country’s surplus, which reached record levels at the end of 2013. Between January and April, Cambodia exported just 1,550 tonnes of rice to Thailand, down 89 per cent ...
Chan Muyhong
http://www.phnompenhpost.com/business/rice-exports-thailand-dive
Vendors hit as price of Thai durian imports rise
The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/
Thai mangosteen, durian supplies short of demand in Cambodia, Vietnam
Cambodia and Vietnam have urged Thailand to export more mangosteen and durian in response to the high demand in both neighbouring countries. Sombat Juengtrakoon, deputy chairman of the Thai-Cambodian Border Trade and Tourism Association in Chanthaburi Province, told journalists Monday that Thailand export a lower volume ...
Pattaya Mail
http://www.pattayamail.com/business/thai-mangosteen-durian-supplies-short-of-demand-in-cambodia-vietnam-37980
Yield of GI pepper up, but lower than hoped
This season’s Kampot pepper production is expected to reach 27 tonnes, up from 21 tonnes last year thanks to a larger area of harvested land. But Nguon Lay, president of the Kampot Pepper Association, said on Sunday that despite the increase, adverse weather conditions meant the ...
Hor Kimsay
http://www.phnompenhpost.com/business/yield-gi-pepper-lower-hoped
Cambodia's cassava export drops 13 pct in Q1
Cambodia had exported 213,530 tons of fresh and dry cassava in the first three months of 2014, down 13 percent compared with 245,440 tons over the same period last year, according to the figures provided by the Commerce Ministry on Sunday. However, the country saw a ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140525/cambodias-cassava-export-drops-13-pct-q1
Huge haul of smuggled ivory came from Kenya
The three-ton haul of illegal elephant ivory seized by port officials on May 9 originated in Kenya and was then shipped through Malaysia to Cambodia in two freight containers, the chief of Sihanoukville Autonomous Port’s customs and excise department said Thursday. Most of the elephant ...
Khy Sovuthy and Simon Henderson
http://www.cambodiadaily.com/news/huge-haul-of-smuggled-ivory-came-from-kenya-59451/
Exports to Japan see a big jump
Cambodia’s exports to Japan increased sharply by 39 per cent over the first three months of 2014 compared to the same period last year, according to data from the Japan External Trade Organization (JETRO). Total exports reached more than $178 million at the end of March, ...
May Kunmakara
http://www.phnompenhpost.com/business/exports-japan-see-big-jump