Agriculture
Agricultural commodities, processing and products
As rice exports to EU drop, dealers are reducing prices due to tariffs
Government data showed that Cambodia’s rice exports to the European Union had dropped by 30 percent in 2019, after the economic bloc imposed tariffs at the start of last year. Ministry of Agriculture data showed that rice exports dropped from 300,000 tons in 2018 to around ...
Special status pepper sales not so spicy
About 120 tonnes of Kampot pepper, which received geographical indication (GI) certification from the European Union in 2019, was harvested last year but less than half of the yield was sold in the traditional way through the Kampot Pepper Promotion Association. ...
Chea Vannak
https://www.khmertimeskh.com/50676343/special-status-pepper-sales-not-so-spicy
Boosting domestic vegetable production to curb imports
The country planted a variety of vegetables covering a total 58,000 hectares of land nationwide by the end of 2019 that produced 68 per cent of local market demand, according to Ministry of Agriculture’s spokesperson Srey Vuthy. By 2023, he wants this to increase to 63,000 ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50676080/boosting-domestic-vegetable-production-to-curb-imports
PM urges farmers to diversify crops amid shortage of water
Prime Minister Hun Sen on Thursday called for farmers to diversify beyond rice during the dry season, amid meteorologists’ warnings that a decline in water levels due to drought will adversely impact output and prices. ...
May Kunmakara
https://www.phnompenhpost.com/business/pm-urges-farmers-diversify-crops-amid-shortage-water
Hun Sen wants foreign money to invest in agro-processing
Cambodia’s Prime Minister is calling for more investments on agriculture processing and technology industry in the Kingdom. Speaking at a graduation ceremony yesterday, Mr Hun Sen said that more than 2 million hectares of paddy were harvested among the 2.7 million hectares of cultivated land ...
Sok Chan
https://www.khmertimeskh.com/50674133/hun-sen-wants-foreign-money-to-invest-in-agro-processing
Hun Sen defends free market rice pricing in the Kingdom
Prime Minister Hun Sen yesterday defended the Kingdom’s stance in letting the free market determine the price of rice and blasted critics by saying Cambodia is not a communist country. Fluctuations in the price of rice have some farmers calling on the government to set ...
Ben Sokhean
https://www.khmertimeskh.com/50674238/hun-sen-defends-free-market-rice-pricing-in-the-kingdom
Exporter urges Kampot pepper farmers to focus on quality
An exporter has asked farmers to focus on producing high-quality pepper by following strict standards to strengthen demand for their products abroad. According to the Kampot Pepper Promotion Association, 50 percent of Kampot pepper is exported to the EU, while 30 percent is consumed internally. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50673130/exporter-urges-kampot-pepper-farmers-to-focus-on-quality
WFP project blends regular and fortified rice
The World Food Programme Cambodia and Green Trade Company yesterday launched a project to blend regular rice with fortified rice to be used to provide free breakfast for children in targeted schools next year. ...
Pech Sotheary
https://www.khmertimeskh.com/50671914/wfp-project-blends-regular-and-fortified-rice
Prime Minister appeals to rice millers not to lower paddy prices
Prime Minister Hun Sen on Wednesday appealed to rice millers and paddy buyers not to lower prices and to secure better rates for farmers facing difficulties in the early harvest season. The Cambodian Rice Federation (CRF) said the low prices were due to an influx ...
Thou Vireak
https://www.phnompenhpost.com/business/prime-minister-appeals-rice-millers-not-lower-paddy-prices
RDB set to distribute $50M to rice millers to sustain paddy market
The state-owned Rural Development Bank (RDB) has announced that it will distribute $50 million in loans to private rice millers to sustain the paddy market for farmers. The Cambodia Rice Federation (CRF) said the funds will be used to purchase nearly 300,000 tonnes of paddy ...
Thou Vireak
https://www.phnompenhpost.com/business/rdb-set-distribute-50m-rice-millers-sustain-paddy-market
Mango exporters urged to set up hi-tech packaging plants
Ngin Chhay, the director-general of the General Directorate of Agriculture at the Ministry of Agriculture, Forestry and Fisheries, on Thursday urged the private sector to set up more mango packaging plants that comply with South Korea and China’s hygiene and quality standards. ...
Thou Vireak
https://www.phnompenhpost.com/business/mango-exporters-urged-set-hi-tech-packaging-plants
Contract farming paying off for growers, millers, say industry insiders
Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said. Contract farming refers to an agreement between a company and an agricultural community regarding prices, quantities and standards of quality. ...
Hin Pisei
https://www.phnompenhpost.com/business/contract-farming-paying-growers-millers-say-industry-insiders
Chinese firms seek investments in coconut farming in Cambodia
A group of investors from the Chinese province of Hainan is now in the Kingdom exploring opportunities in coconut farming. The delegation met yesterday with Minister of Agriculture Veng Sakhon in Phnom Penh to discuss the coconut sector in the Kingdom and announce their intention ...
Chea Vannak
https://www.khmertimeskh.com/50667072/chinese-firms-seek-investments-in-coconut-farming-in-cambodia/
Chinese eye asset management
A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...
Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management
CRF: $200M in emergency loans needed for rice sector
The Cambodia Rice Federation (CRF) has asked the state-owned Rural Development Bank (RDB) to provide $200 million in emergency loans to buy paddy from farmers during the ongoing post-monsoon harvest season as falling prices threaten their livelihoods. ...
Thou Vireak
https://www.phnompenhpost.com/business/crf-200m-emergency-loans-needed-rice-sector
Cambodian rice set for export to South Africa
Milled rice exporter Mekong Oryza Trading Co Ltd signed an export memorandum of understanding (MoU) with companies from Hong Kong and South Africa in Phnom Penh on Tuesday. The agreement was inked between Mekong Oryza Trading, Hong Kong-based Zhonghui Taifu International Co Ltd and South African-based ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodian-rice-set-export-south-africa
Officials pumping water into drought-affected rice fields
National Committee for Disaster Management spokesman Keo Vy told The Post on Monday that the drought is taking its toll on more than 10,000ha of rice fields in Battambang and more than 1,000ha in Kampong Cham. He said Prey Veng, Kandal, Takeo, Banteay Meanchey, Tbong Khmum, ...
Khorn Savi
https://www.phnompenhpost.com/national/officials-pumping-water-drought-affected-rice-fields
Obtain quality certification, rubber industry owners told
The Ministry of Agriculture, Forestry and Fisheries has called on rubber industry owners to obtain quality certification for their product to boost rubber prices. The ministry’s director of the Department of Administration and Legislation under the ministry’s General Directorate of Rubber Khuon Phalla spoke to ...
Thou Vireak
https://www.phnompenhpost.com/business/obtain-quality-certification-rubber-industry-owners-told
Japan provides $439,261 for organic cashew farming
The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives. ...
Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/
Kingdom’s rice sector faces lack of capital
A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-sector-faces-lack-capital
Rice exports to China still under last year’s quota: CRF
China has not yet purchased milled rice from Cambodia for the period 2019-2020, with the country still trying to fulfill its quota for the year 2018. Kao Thach, CEO of Rural Development Bank (RDB), told Khmer Times that Cofco – China’s largest food processor, manufacturer and trader ...
Sok Chan
https://www.khmertimeskh.com/50664440/rice-exports-to-china-still-under-last-years-quota-crf/
FTA with South Korea would improve Cambodia’s competitiveness: exporters
Cambodian exporters are hopeful that a free trade agreement with South Korea will boost trade between the nations and attract more investment into the Kingdom. Chang Hoon Lee, managing director of Korean exporter Hyundai Agro, said the move is a positive development. A free-trade pact ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50664297/fta-with-south-korea-would-improve-cambodias-competitiveness-exporters/
SOA to build palm sugar factory with Korean firm
Local exporter Signatures of Asia and Korea-based B&G is Life are investing in a palm sugar processing factory in Kampong Speu province. In addition to the plant, the collaboration includes a warehouse, a solar dryer, and a blockchain-based traceability system, Pich Chan, SOA general manager, ...
Sok Chan
https://www.khmertimeskh.com/50661040/soa-to-build-palm-sugar-factory-with-korean-firm/
Thailand boosting rubber exports a concern
Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber ...
Thou Vireak
https://www.phnompenhpost.com/business/thailand-boosting-rubber-exports-concern