Maersk sees a slowing EU
The Cambodia representative for the world’s largest shipping company said exports from Cambodia to Europe grew by more than 60 per cent during 2011, but have since weakened. “Rice exports grew a lot during 2011 and a lot of it went to Poland and France,” ...
Stuart Alan Becker, P. 9
http://www.phnompenhpost.com/index.php/2012050856019/Business/maersk-sees-a-slowing-eu.html
Loran Imex to launch $2m rice mill in 2013
Loran Import-Export Co Ltd, Cambodia’s largest milled-rice exporter, is scheduled to start construction on a new rice mill this month worth more than US$2 million, according to the company’s General Director Lim Bunheng. The mill will help reduce the flow of Cambodia’s paddy rice into neighbouring ...
Seed selection crucial, experts tell growers
Agricultural experts are urging Cambodian rice growers to choose seeds that can withstand drought and submersion in deep water in an attempt to make the country’s rice industry more competitive. Awareness of rice-seed selection was limited among farmers in the Kingdom, despite the importance of the ...
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Rubber Gives New Bounce to Economy
Cambodia’s Prime Minister Hun Sen announced plans Thursday to encourage rubber smallholdings in a bid to expand production as the country promotes the cash crop as the number two commodity after rice. Hun Sen said the government will support not only large-scale rubber plantations but also ...
http://www.rfa.org/english/news/cambodia/rubber-04122012174332.html
Ministry says rice exports to double
Despite a slow start for milled-rice exports in 2012 brought on by falling regional prices, officials yesterday predicted Cambodian shipments would more than double to 400,000 tonnes this year. Tax exemptions from Europe, which boosted milled-rice exports to about 173,000 tonnes last year, would continue to ...
Rice Harvest, Yield Up Last Year Despite Flooding
Rice production grew by 6.42 percent last year, despite vast tracts of paddy being devastated by flooding, according to figures released yesterday by the Ministry of Agriculture. In the 2011 to 2012 season, 8.78 million tons of rice were harvested from 2.78 million hectares of ...
China quick to act on trade promise
An across-the-board trade and investment deal signed with China’s Yunnan province on Friday was a jump-start to Chinese President Hu Jintao’s pledge a week earlier to double bilateral trade with the Kingdom to US$5 billion by 2017. The package signing, which brought a delegation of 45 ...
Chinese Firm to Invest $100M in Rice Mill
A Chinese company from Yunnan province will invest $100 million to build a rice mill and processing plant in Cambodia with a local firm and export 200,000 tons of milled rice to China beginning this year, officials said yesterday. The Yunnan Pan-Asia Agricultural Cooperation and Development ...
Gov’t Launches Body in Effort to Up Rice Exports
The Ministry of Commerce is setting up a National Confederation for Rice Exporters to achieve Prime Minister Hun Sen’s target of exporting 1 million tons of milled rice by 2015. ...
Fire in Kandal Warehouse Destroys 200 Tons of Rice
Two hundred tons of unmilled rice slated for export to Vietnam was destroyed in a warehouse fire in Kandal province’s Ang Snuol district early yesterday morning ...
China stalls Cambodia’s first rice exports at border
Cambodia had made its first direct shipment of rice to China, an official revealed yesterday, but the test run, which was hoped to open the vast Chinese rice market to local exporters, was largely unsuccessful. Golden Rice Co Ltd shipped 48 tonnes of milled rice to ...
Cambodia-Vietnam JV targets rice exports
CAVFOOD, a joint venture between Cambodian and Vietnamese companies, launched the first phase of its US$8 million rice mill in Phnom Penh on Friday. The venture is an investment by Cambodian state-owned rice exporter Green Trade and Vietnam’s VNA Food 2 and Bank for Investment and ...
Kingdom, Indonesia said close to rice deal
Cambodia is close to a deal that would ship as much as 20,000 tonnes of milled rice to Indonesia, according to sources familiar with the matter. Thon Virak, director of state-owned rice exporter Green Trade and chairman of Federation of Milled Rice Exporters Association, said Green ...
Kingdom, Indonesia said close to rice deal
Cambodia is close to a deal that would ship as much as 20,000 tonnes of milled rice to Indonesia, according to sources familiar with the matter. Thon Virak, director of state-owned rice exporter Green Trade and chairman of Federation of Milled Rice Exporters Association, said Green ...
No word on Philippines rice deal, exporter says
Green Trade, a state-owned, milled-rice exporter, had not been updated on a government-to-government rice deal with the Philippines despite recent media reports that claimed a deal was near. ...
Philippines set to sign rice supply deal with Cambodia
The Philippines is close to signing a government-to-government rice supply agreement that would make Cambodia a potential supplier of the grain staple to Manila, along with Vietnam and Thailand, agriculture officials said on Monday. The Southeast Asian neighbours aimed to sign a memorandum of understanding (MOU) ...
Drought woes for Kampong Thom farmers
Agricultural officials and farmers in Kampong Thom province are increasingly worried about the adverse effect that a severe drought is having on more than 200 hectares of rice crops. director of the provincial agricultural department, told the Post yesterday that due to an unusually low amount ...
Farmers with HIV/AIDS Gain Confidence, Skills With Program
Leng Sopheap used to wake up before the crack of dawn and walk with crates of vegetables from her farm to the nearby market underneath a blanket so her neighbors wouldn’t know they were buying produce from someone infected with HIV/AIDS. Not long after her ...
Cambodia looks to banking and agriculture to spur growth
Garment-making has been a mainstay of Cambodia’s fledgling economy, chalking up between 6 and 7 percent annually for the past four years. But, the country is turning its focus back to the land in the hope that rice growing and other farming produce, will lift growth ...
http://www.channelnewsasia.com/stories/economicnews/view/1184944/1/.html
Good ties boost investment, trade, tourism between Cambodia, China
The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from ...
http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm
US supports $2.7m in loans for agriculture
The US government is working with a Cambodian microfinance institution to finance $2.7million in loans to farmers and small- and medium-sized agro-businesses in Battambang, Kompong Thom, Pursat and Siem Reap provinces in order to improve their access to credit, the US Embassy said. USAid will work ...
Dwindling water supplies put dry-season rice haul in danger
Dry-season rice farmers in some areas west of the Tonle Sap River and in eastern provinces are appealing to the government for help as the reservoirs they rely on for irrigation are drying up faster than usual, farmers and officials said yesterday. Officials at the ministries ...
Food costs expose gap in country's production
Despite a 67 per cent drop in food imports to Cambodia in 2011, inflation in exporting countries drove an 18 per cent rise in the total value of the imports. Food imports fell from 769,993 tonnes in 2010 to 254,080 in 2011, while the total value ...