The Kingdom's stubborn problem with food security

While Cambodia has made remarkable gains economically over the past decade and more-the Kingdom’s poverty level fell from 47 percent in 1994 to 25 percent this year-there are still some stubborn areas of underperformance. One is the issue of food security. While in recent years, the country has largely been able to produce ...

http://www.etmcambodia.com/index.php

Drought hits rice fields in northern Cambodia

Two consecutive months of drought have severely damaged thousands of hectares of rice fields in Krokor district and neighboring areas in Pursat province. ...

http://www.etmcambodia.com/news.php?id=164

Rice exports facing challenges

Pou Puy, president of the Cambodian Rice Millers Association, said that the export of Cambodia’s white rice faces challenges in terms of both quantity and competitive pricing, as exports of milled rice dropped about 35 per cent for the first half of 2012 compared to ...

http://www.phnompenhpost.com/index.php/2012070557221/Business/rice-exports-facing-challenges-quality-and-competition.html

Drought Damages Rice Seedlings Across Nation

Despite heavy rains in parts of the country, a month-long drought has destroyed over 10,000 hectares of rice seedlings in other areas, agriculture officials said yesterday. Battambang province was the hardest hit, with 4,640 hectares of seedlings destroyed by the drought and another 10,000 hectares affected. In ...

Raids Netted Excavators Owned by CPP Official

Twelve of the 29 excavators seized by military police in Kompong Thom province during Monday’s military police raids on illegal Tonle Sap reservoirs were confiscated from a farming collective run by a newly elected CPP commune chief. Peanh Poul, director of the Dry Rice Season Community, ...

New Cambodian rice federation elects president

The Federation of Cambodia Rice Exporters, a new government-backed association of rice exporters which aims to bring together all the players in the rice sector to boost exports, formed on June 21 and elected Kim Savuth, president of Khmer Food Co., as its first president. The election saw Kim Savuth receiving 53 of ...

http://www.etmcambodia.com/index.php

Rice Farmers Struggle Despite Production Growth

High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...

Phnom Penh Autonomous Port to push rice exports

Phnom Penh Autonomous Port plans to buy a rice-polishing machine from China, and will also look to build a rice storage facility in Kandal province. These moves, officials said, were intended to push along Cambodia’s rice trade during a period of uncertainty for the industry. Facilities ...

http://www.phnompenhpost.com/index.php/2012060856663/Business/ppap-to-push-rice-exports.html

First milled-rice order destined for China

A 144-tonne shipment of Cambodian fragrant rice will leave Phnom Penh for Fuzhou, China on Saturday, the first Chinese order for the Kingdom’s milled rice after a recent government agreement was reached on Chinese regulation. Mekong Oryza Trading received the order months earlier ...

http://www.phnompenhpost.com/index.php/2012060756646/Business/first-milled-rice-order-destined-for-china.html

Officials say Cambodia's price rises manageable

Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...

http://www.phnompenhpost.com/index.php/2012060556580/Business/officials-say-price-rises-manageable.html

Service Sector

The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite ...

http://www.etmcambodia.com/

Second rice trial to China

Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...

http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html

Cambodia Plans to Send Second Test Consignment of Rice to China

Cambodia is planning to send a second consignment of 40 tons of milled rice to China as a part of the approval process for rice exports to China. In April, China had rejected a sample consignment of about 48 tons ...

http://oryza.com/Rice-News/15283.html#

Agriculture Sector

A better outlook for the price of Cambodian major crops, especially cassava and soybeans, drives the upward revision of growth of the other crops subsector. This in turn leads to a marginal upward revision of growth of the agriculture sector to an annualized rate of 4.6 percent, from 4.5 percent in our January ...

http://www.etmcambodia.com/blog.php?article=213

Canadia Bank backs a rice mill in Takeo

Canadia Bank will launch a rice mill in Cambodia’s Takeo province in October, a move that insiders said could help curb the flow of unmilled rice to neighbouring Vietnam. Bank officials yesterday said they will buy US$3 million in milling equipment, and the total cost of ...

http://www.phnompenhpost.com/index.php/2012053156500/Business/canadia-bank-backs-a-rice-mill-in-takeo.html

Guinea To Buy Milled Rice Product From Cambodia

Guinea will buy 40,000 tons milled rice product from Cambodia in the near future, Eang Sophalet, assistant to Prime Minister Hun Sen said on Friday after the meeting between Samdech Prime Minister Hun Sen and visiting president of Guinea His Excellency Professor Alpha Conde at peace palace in Phnom Penh. ...

http://thesoutheastasiaweekly.com/

Cambodia seeks $200m from China for rice mill

Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a US$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ...

http://www.phnompenhpost.com/index.php/2012053056468/Business/cambodia-seeks-200m-from-china-for-rice-mill.html

Rice alliance formed

A new partnership looking to export Cambodian rice to world markets formed yesterday afternoon at Sunway Hotel The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) elected their first executive committee, which includes office holders Phou Puy, Hann Khieng, Oknha Kong Sang, Sok Cheng, Seng ...

http://www.phnompenhpost.com/index.php/2012052856413/Business/rice-alliance-formed.html

Guinea interested in Cambodian rice

The Republic of Guinea plans to import 40,000 tonnes of milled rice from Cambodia, Alpha Condé, the president of the West African nation, said during a recent visit to the Kingdom. The two countries will also look to follow up on agricultural technology co-operation agreed on ...

http://www.phnompenhpost.com/index.php/2012052856412/Business/guinea-interested-in-cambodian-rice.html

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

China OKs Kingdom rice

After more than a year of speculation on Cambodian rice exports to China, a rice exporter this week said China has granted the Kingdom permission to ship milled rice northward. Despite a growing stack of quasi-agreements for exports, regulatory issues have plagued the prospects of tapping ...

http://www.phnompenhpost.com/index.php/2012052456355/Business/china-oks-kingdom-rice.html

Cambodian Rice Exports Fall Short of Government Hopes

Cambodia’s rice exports in 2012 may fall significantly compared to last year, due to high fuel prices, soaring logistics costs and high prices. According to local sources, Cambodian rice shipments to Europe this month are at a $200 markup per container over those from Thailand and ...

http://oryza.com/Rice-News/15163.html

Slow outlook for 2012 rice exports

Rapidly increasing logistics costs and low regional rice prices would hinder Cambodia’s rice-export target this year, with one expert saying that milled-rice exports could fall to half of last year’s shipments. The cost of shipping rice to Europe climbed by more than 50 per cent between ...

http://www.phnompenhpost.com/index.php/2012051756213/Business/slow-outlook-for-2012-rice-exports.html

Cedac to Export Rice to Germany Next Month

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday it would begin exporting organic rice to Europe in June for the first time as part of a one-year agreement with a German-based equitable trade organization. “We’re looking to break more into the international ...

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