Agriculture
Agricultural commodities, processing and products
Late Monsoon Rain Causes Damages to Cambodia's Rice Crop
Cambodia continues to suffer from drought with tens of thousands of hecters of rice seedlings in the cities and provinces affected. A report from the National Committee for Disaster Management said on Wednesdasy as of August 21st drought has damaged 11,350 hectacres of rice seedlings ...
Cambodia Offers Rice To Indonesia - Bernama
Indonesia will soon sign a contract to import 100, 000 metric tones of rice from Cambodia over the next 5 years On his part, Hun Sen invited Indonesian Investors to invest in poor harvest businesses such as rice hulling in Cambodia ...
Indonesia, Cambodia 'to sign rice pact'
Indonesia plans to sign an agreement to import rice from Cambodia if needed to supplement domestically produced supply, Iman Pambagyo, director general of international trade cooperation at the Trade Ministry, said on Tuesday. “The agreement will be similar with the ones Indonesia has with Thailand and ...
http://www.bangkokpost.com/breakingnews/309760/indonesia-cambodia-to-sign-rice-pact
Provincial Governor Seeks Hun Sen's Forgiveness
Kampong Thom’s provincial governor wrote to Prime Minister Hun Sen last month to apologize and explain why district and fisheries officials were involved in clearing an area of protected flooded forest, according to a copy of his letter obtained yesterday. In the July 9 letter, written ...
MRF looks at captive rubber plantation to cut raw material cost
Tyre manufacturer MRF Ltd was looking at acquiring rubber estates to meet the company’s long-term raw material requirements and to bring down costs, a top official said. “We are scouting for acquisitions of estates abroad to meet long-term rubber needs,” said Koshy Varghese, executive vice-president, marketing, ...
Improve yields while the sun shines: NGO
This year’s dry spell could be an opportunity rather than a disaster for farmers, Cambodian Center for Study and Development in Agriculture (CEDAC) officials said yesterday. Although drought has destroyed several thousand hectares of crops in the past two months, Cambodia’s largest agricultural NGO is encouraging farmers to ...
Chinese bank loans seek to aid rice millers
China’s Export-Import Bank officials proposed to provide loans of up to US$70 million for rice milling in an effort to aid Cambodia’s efforts to export a million tonnes of rice by 2015, government officials said yesterday. The bank’s officials visited Cambodia last week to met with Cambodian ...
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
Felda Global buying more land, aims to emerge world leader in palm oil industry
Felda Global Ventures Holdings Bhd (FGVH), the world’s third largest palm oil company by hectarage, plans to buy 150,000 ha estate land over five years to realise its cherished vision to emerge as the world leader in the palm oil industry On FGVH’s cross-border expansion plans, ...
http://biz.thestar.com.my/news/story.asp?file=/2012/8/24/business/11904076&sec=business
Vietnam needs more nuts
Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...
http://www.phnompenhpost.com/index.php/2012082458254/Business/vietnam-demands-more-cashew-nuts.html
Southeast Asian Rice Exporters Eye Cartel to Boost Prices
Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. An alliance of Thailand, Vietnam, Cambodia, Laos and Myanmar will aim to share information and cooperate ...
Rice Exporters Eye Cartel to Boost Prices
Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. But any bid by the five countries to drive up prices will be a challenge, given previous ...
http://online.wsj.com/article/SB30000872396390444812704577606962232854218.html
Farmers finger canal for paddy woes
Time is running out for 300 hectares of rice fields in the Baray district of Kampong Thom facing water shortages from a poorly repaired canal, according to affected villagers. The Ministry of Water Resources took two years to restore the more than 30 kilometre-long canal with ...
Five ink deal to form rice cartel
Five Asean rice-producing countries are joining forces to form a regional alliance with the ambitious goal to boost rice prices by 10% annually. Trade ministers from Thailand, Vietnam, Cambodia, Myanmar and Laos are scheduled to sign the agreement later this year to establish the Asean Rice ...
http://www.bangkokpost.com/business/economics/308931/five-ink-deal-to-form-rice-cartel
Cambodian farmers plant rice in a paddy field in Kampong Speu province
Cambodian farmers plant rice in a paddy field in Kampong Speu province August 21, 2012. A drought has hit Cambodia during its rainy season destroying more than 100,000 hectares of crops across the country, a government spokesman told Reuters on Tuesday. According to National Committee ...
UTCC: Rubber prices won't bounce back
Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...
http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back
Preah Vihear land primed for plantation concessions
The government has reclassified 23,182 hectares of state land in Preah Vihear province for private development by three agro-industry firms, paving the way for them to secure economic land concessions (ELCs). Reclassification of state public land to state private land is a key step toward establishing ...
Drought Affecting 145,000 Hectares of Paddy
A lack of rain across the country is affecting more than 145,000 hectares of rice paddy and parts of the nation’s crop have already been completely destroyed, according to data released yesterday by the Ministry of Agriculture. Hem Sophal, director of the statistics department at the ...
Drought hits rice exports
Rice exports this year had been flat compared to last year because of the many challenges growers were facing, insiders said this week. The data shows exports were no better than last year for the same period, as exports for the first eight months of ...
http://www.phnompenhpost.com/index.php/2012082158176/Business/drought-hits-rice-exports.html
Drought continues to hurt rice farmers
Farmers in provinces across the Kingdom are feeling the effects of drought after a month of dry weather in which an estimated 10,000 hectares of rice seedlings were destroyed and 135,000 hectares left at risk, according to the Ministry of Agriculture, Forestry and Fisheries. A report from ...
Drought hampers rice cultivation in Cambodia
Cambodia has cultivated 1.93 million hectares of land, only 82 percent of its 2.36 million hectare target, due to a delay in monsoon rains which hampered rice sowing in the country, according to a media release from the Ministry of Agriculture on Sunday. The report said ...
Opposition urges China checks
Prime Minister Hun Sen has called investors from China’s Anhui province to invest in numerous sectors across Cambodia in an effort to spur two-way trade between the Kingdom and China in order accomplish their joint target of US$5 billion in trade by 2015. Meanwhile, Cambodia’s opposition party ...
http://www.phnompenhpost.com/index.php/2012081758136/Business/opposition-urges-china-checks.html
Drought hits 11 provinces in Cambodia: spokesman
Drought has been hitting 11 out of the 24 cities and provinces in Cambodia and affecting tens of thousands of hectares of rice seedlings, Keo Vy, spokesman and chief of the Cabinet of the National Committee for Disaster Management, said Thursday The drought-hit provinces are Kampong ...
For Agricultural Investors, an Abundance of Risks
As wealthy Gulf states look to meet their food needs by investing in agriculture projects abroad, Cambodia-with its underutilized land and attractive foreign investment policies-makes a nearly perfect investment destination. But endemic corruption, land conflicts, a badly implemented economic land concession program, and an unreliable judiciary could ...