Agriculture

Agricultural commodities, processing and products

Waiting to tap rubber’s rebound

The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/waiting-tap-rubbers-rebound

Rice crop damaged by floods

At least 17,571 hectares of rice fields were affected by the recent floods – of which about 3,186 hectares were severely damaged, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday, which urged all provincial agriculture departments to immediately evaluate the affects from ...

May Kunmakara
http://www.khmertimeskh.com/news/31368/rice-crop-damaged-by-floods/

NBC, CRF offer rice loan support

In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...

May Kunmakara
http://www.khmertimeskh.com/news/31307/nbc--crf-offer-rice-loan-support/

Low uptake of gov’t rice fund

The government’s much-heralded $27 million emergency rice fund, announced last month amid complaints from rice farmers and millers that cheap competition and low-storage capacity was driving down prices, has so far had only limited takers among rice millers. ...

Sok Chan
http://www.khmertimeskh.com/news/31195/low-uptake-of-gov---t-rice-fund/

Gov’t eyes million-tonne rice quota deal with Indonesia

Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-eyes-million-tonne-rice-quota-deal-indonesia

Date set for Cambodian-grown dates

A rising global demand for dates is behind the memorandum of understanding (MoU) signed in Phnom Penh yesterday between companies from Cambodia, Thailand and Israel, seeking to start growing the fruit in Cambodia within the next 10 years. ...

Sok Chan
http://www.khmertimeskh.com/news/31194/date-set-for-cambodian-grown-dates/

Soggy forecast for rice farmers

Extreme weather attributed to the tail-end of an El Niño event continues to wreak havoc on the nation’s agricultural sector, with more than 20,000 hectares of rice fields damaged so far this year, a government agricultural expert said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/soggy-forecast-rice-farmers

Rubber exports keep rising

Rubber exports have continued to rise in the first nine months of the year, despite the fall and current stagnation of prices as global demand continues to stall, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

May Kunmakara
http://www.khmertimeskh.com/news/31095/rubber-exports-keep-rising/

Cambodian rice exports cause a stir in Italy

Ente Nazionale Risi (ENR), Italy’s national rice agency, has raised concern over increased European rice imports from countries such as Cambodia, according to rice industry publication Oryza. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-rice-exports-cause-stir-italy

Chinese firm to build $2 bil agriculture SEZ

Kampong Speu province will soon be home to a Chinese-funded agricultural special economic zone (SEZ) with facilities to research plant diseases, after the Ministry of Agriculture and Tian Rui (Cambodia) Agricultural Cooperation SEZ Co., signed a memorandum of understanding (MoU) yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/31025/chinese-firm-to-build---2-bil-agriculture-sez--/

Rice harvest largely escapes flood damage

The damage to the country’s rice crops from the recent heavy rains is likely to be small, according to provincial officials, as the Agriculture Ministry stressed that flood damage to rice crops was under control. As the Ministry of Water Resources and Meteorology continue to warn ...

Chea Vannak
http://www.khmertimeskh.com/news/30962/rice-harvest-largely-escapes-flood-damage/

Cambodia eyes rice crown

Cambodia’s three-year reign as holder of the World’s Best Rice Award came to an end last year, but the Cambodia Rice Federation (CRF) is confident it will regain the title at next month’s ceremony in Thailand. CRF Secretary-General Moul Sarith told Khmer Times yesterday that they ...

Sok Chan
http://www.khmertimeskh.com/news/30901/cambodia-eyes-rice-crown/

GI status sought for Battambang oranges

Amid increased demand for oranges grown in Battambang province, the Ministry of Agriculture is seeking to have the fruit’s unique and sought-after flavor recognized under the European Union’s geographical identification (GI) status. Ministry spokesperson Lor Reaksmey explained that the application process, involving ministry officials and international ...

Chea Vannak
http://www.khmertimeskh.com/news/30800/gi-status-sought-for-battambang-oranges/

Kampot pepper strong, rivals struggle

Kampot pepper sales both locally and internationally have continued to be strong since gaining coveted geographical indication (GI) status from the European Union in February, while domestic pepper competitors have complained of falling prices, industry figures said yesterday. Kampot Pepper Promotion Association president, Nguon Lay, told ...

Sok Chan
http://www.khmertimeskh.com/news/30743/kampot-pepper-strong--rivals-struggle/

Minister of commerce meets with Chinese

The minister of commerce, Pan Sorasak, met with officials from the Chinese-based Jilin Provincial Investment Group Co Ltd yesterday to discuss strengthening rice-processing infrastructure in the Kingdom. ...

Post Staff
http://www.phnompenhpost.com/business/minister-commerce-meets-chinese

Mango driers to boost exports

As part of ongoing efforts to boost exports of Cambodian mangoes, the Mong Rithy Group, an agro-industrial conglomerate that is heavily invested in the mango sector, announced yesterday that it was in negotiations to import drying machinery, which would greatly increase production of dried mango ...

Chea Vannak
http://www.khmertimeskh.com/news/30745/mango-driers-to-boost-exports/

Loans trickle out to rice millers

Three weeks since Prime Minister Hun Sen approved $27 million in emergency loans to prop up the struggling rice sector, the state-owned bank charged with disbursing the funds said yesterday that it has only granted $1 million in loans, claiming that the number of eligible ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/loans-trickle-out-rice-millers

Xi’s visit to boost farm exports

Chinese President Xi Jinping’s visit to Cambodia next week will likely lead to an increase in agriculture exports to China, Prime Minister Hun Sen said yesterday.​ Speaking at a graduation ceremony for law and economics students in Phnom Penh yesterday morning, Mr. Hun Sen said that ...

Chea Vannak
http://www.khmertimeskh.com/news/30521/xi---s-visit-to-boost-farm-exports/

CRF wants to track rice loans

The Cambodia Rice Federation (CRF) has submitted a proposal to the government for the setting up of a joint executive financial committee to ensure that the $27 million emergency loan to rice millers to purchase paddy rice from farmers, in a bid to prevent rice ...

Sok Chan
http://www.khmertimeskh.com/news/30381/crf-wants-to-track-rice-loans/

Bank trims rate to coax millers

The state-owned bank entrusted with extending $27 million in emergency loans to millers to purchase rice paddy has marginally lowered the interest rate on these conditional loans in an effort to shorten some of the strings attached. The Rural Development Bank (RDB) announced late on Sunday ...

Hor Kimsay
http://www.phnompenhpost.com/business/bank-trims-rate-coax-millers

Speed up rice loan, China told

The government has asked China to make good on its pledge to buy 200,000 tons of rice annually from the Kingdom and also to speed up the approval of a $300 million loan to the country’s beleaguered rice sector. This request was made yesterday during a ...

Chea Vannak
http://www.khmertimeskh.com/news/30195/speed-up-rice-loan--china-told/

Indonesia needs cheaper rice

Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a ...

Sok Chan
http://www.khmertimeskh.com/news/30146/indonesia-needs-cheaper-rice/

Cash influx a band-aid for failing rice sector

As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister Hun Sen on Thursday lauded the government officials and “generous businesspeople” who heeded calls for emergency funds. ...

Janelle Retka and Kuch Naren
https://www.cambodiadaily.com/news/cash-influx-band-aid-failing-rice-sector-118340/

MFIs watch rice loans

The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...

May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/

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