Agriculture and fishing

Crops in Peril Amid Provinces’ Ongoing Drought

Rice growing provinces such as Battambang, Kandal and Takeo are suffering a drought as monsoon rains have not affected the areas. Harvests are expected to fail or fall short of expectations if rain does not fall on the farmland within the next few weeks. 2,000 ...

P Vihear Concessions Raise Fears of Disputes

Earlier this month Prime Minister Hun Sen approved five more economic land concessions totally 44,780 hectares in the Preah Vihear province. Largely distributed to agri-business companies there is fear that the concessions will lead to deforestation. Heng Roy International, Heng You International, Lan Feng International, ...

B Meanchey Land Dispute Families File Objection

Businessmen Tuy Vanny and Seth Rin are embroiled in a land dispute with 50 families have had an objection filed against their allowing others to farm the land. The right to farm the land was only granted on July 7 to Mr. Vanny and Mr. ...

Chinese firm seeks rice from the Kingdom

Sino Grain, a Chinese agriculture company, has come to Cambodia seeking to import milled rice to China. Minister of Commerce Cham Prasidh has encouraged the company to invest in Cambodia by building a rice processing plant in the country and not merely exporting grain. A ...

http://www.phnompenhpost.com/index.php/2011071450369/Business/chinese-firm-seeks-rice-from-the-kingdom.html

The ‘King of Koh Kong’ speaks out

Senator Ly Yong Phat, owner of the Phnom Penh Palm Sugar and Kampong Speu Sugar companies, has released a statement as a result of US diplomatic cables released by Wikileaks that describe him as “The King of Koh Kong”. He answers such questions as why ...

http://www.phnompenhpost.com/index.php/2011071450378/National-news/the-king-of-koh-kong-speaks-out.html

Company Illegally Cleared Land, Villagers Say

So Chanthou Company has been accused of illegally clearing 290 hectares and removing 84 families in Banteay Meanchey province. The families who are predominately rice farmers are said to have been on the land since 1996 and have complained about So Chanthou Company to the ...

Land in wildlife sanctuary awarded to private firms

More than 17,000 hectares of land inside the Phnom Oral Wildlife Sanctuary have been awarded by Prime Minister Hun Sen to companies for for agroindustrial development. Two concessions were made of 9,059 hectares and 8,591 hectares in the Trapaing Chor and the Omlaing communes. The ...

http://www.phnompenhpost.com/index.php/2011071350362/National-news/land-in-wildlife-sanctuary-awarded-to-private-firms.html

Leopard Spots More Investment Opportunities

Approximately US $75 million will be invested in Cambodia and Laos by Leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. ...

Firm Accused of Poisoning Villagers on Revoked Land

More than 170 villagers in Kampot province have become sick after being sprayed with herbicides by a company last week. The land granted World Tristar Entertainment Co, a subsidiary of So Nguon company, in a concession was revoked by the government in April but was ...

Boeng Kak Project Breaks Ground Amid Continued Protests

CPP Senator Lao Meng Khin was joined by his wife as they broke ground on the controversial project taking place at Phnom Penh’s Boeng Kak Lake. They unveiled the architectural renderings of the towers to be built on what used to be the site of ...

Seoul looks abroad for farmland

The South Korean government is looking to procure farmland aboard, approximately 380,000 hectares by the year 2018. The government is providing assistance to companies that lease arable land or buy stakes in overseas operations and are looking for such potential in Cambodia as well as ...

Sell-Off of Wildlife Areas Faster than Believed

500 sq km of land from three conservation areas have been granted by the Cambodian government to agribusiness companies. Prime Minister Hun Sen has approved 50,750 hectares, through nine concessions, to be granted areas of land that were previously conservation areas. Reththy Kiri Sakor Co. ...

Government Aims to Increase Silk Production

Cambodia’s Agriculture Ministry has announced plans to increase the annual production of silk from 4 tons to 400 tons by 2020. Cambodia primarily relies on silk from Vietnam and China. The project is entitled the Silk Rehabilitation Project and is funded by the UN Food ...

ADB talks Cambodia funding priorities

The Asian Development Bank (ADB) is focusing on lending to the agriculture, education, finance, water supply and transport sectors in Cambodia as part of its three year Country Partnership Strategy, worth $500 million. $377 million will be allocated to 12 projects in the five mentioned ...

http://www.phnompenhpost.com/index.php/2011070850270/Business/adb-talks-cambodia-funding-priorities.html

Exports of rice quadruple

Exports of rice from Cambodia have quadrupled in the first part of 2011 according to the Ministry of Commerce. Rising international prices along with high domestic yields have spurred the growth to 80,442 tons of rice being exported compared to 17,144 tons the previous year ...

http://www.phnompenhpost.com/index.php/2011070850271/Business/exports-of-rice-quadruple.html

Sugar concerns raised

Rights groups have alleged that villagers are being pushed off their land to make way for sugar plantations by companies such as LYP Group, owned by Senator Ly Young Phat. The issue was raised with the Finnish Foreign Minister Erkki Tuomuoja and the Minister for ...

http://www.phnompenhpost.com/index.php/2011070850275/National-news/sugar-concerns-raised.html

Registered Businesses UP by 37 Percent, Data Show

Registered businesses have increased in number by 37 percent to approximately 1,528 compared with the same period for 2010. Cambodian Chamber of Commerce officials say that the number of entrepreneurs has increased with them focusing on textiles, agriculture and construction. Cambodia currently has an export ...

Approved Invvestments in May Reach $110 Million

15 new projects worth a total of $110 million have been approved by Cambodia’s investment board in May. The Council for Development of Cambodia has approved two rubber plantations worth $60 million. Cin Qian Investment Co, a Chinese firm, has been approved for developing a ...

Pesticide poisons scores

After the So Ngoun Company sprayed pesticides in Kampot province approximately 90 villagers have become ill. They are being treated for vomiting, diarrhea, and dizziness after drinking contaminated water, as the pesticide flowed downstream after some rains. The pesticide was sprayed in order to rid ...

http://www.phnompenhpost.com/index.php/2011070750245/National-news/pesticide-poisons-scores.html

More Concessions Granted in Protected Areas

Six additional economic land concessions have been granted, totaling 46,000 hectares in protected areas. As a means to spur agribusiness companies the concessions include two in Phnom Aural Wildlife Sanctuary in Kompong Speu province. Prime Minister Hun Sen signed in the grants on June 3 ...

1,000 hectare land grab alleged

Villagers in Preah Sihanouk province have accused a businessman of bulldozing almost 1,000 hectares of their farm land in complaints filed to relevant authorities and the provincial court last week. Pin Lean Hun, a village representative, said yesterday rice paddies, vegetable patches and jackfruit trees ...

http://www.phnompenhpost.com/index.php/2011070550182/National-news/1000-hectare-land-grab-alleged.html

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