Rice alliance formed

A new partnership looking to export Cambodian rice to world markets formed yesterday afternoon at Sunway Hotel The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) elected their first executive committee, which includes office holders Phou Puy, Hann Khieng, Oknha Kong Sang, Sok Cheng, Seng ...

http://www.phnompenhpost.com/index.php/2012052856413/Business/rice-alliance-formed.html

Guinea interested in Cambodian rice

The Republic of Guinea plans to import 40,000 tonnes of milled rice from Cambodia, Alpha Condé, the president of the West African nation, said during a recent visit to the Kingdom. The two countries will also look to follow up on agricultural technology co-operation agreed on ...

http://www.phnompenhpost.com/index.php/2012052856412/Business/guinea-interested-in-cambodian-rice.html

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

More Chinese firms weigh local investment

Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss investment in the country Heavy machinery, fertiliser and chemical companies expressed interest in Cambodia’s agricultural sector ...

http://www.phnompenhpost.com/index.php/2012052556376/Business/more-chinese-firms-weigh-local-investment.html

China OKs Kingdom rice

After more than a year of speculation on Cambodian rice exports to China, a rice exporter this week said China has granted the Kingdom permission to ship milled rice northward. Despite a growing stack of quasi-agreements for exports, regulatory issues have plagued the prospects of tapping ...

http://www.phnompenhpost.com/index.php/2012052456355/Business/china-oks-kingdom-rice.html

Police Begin Dismantling Mondolkiri Village Involved in Dispute

As the eviction deadline looms for residents of a Mondolkiri village embroiled in a land dispute with a Vietnamese-owned rubber plantation, police have begun to dismantle vacant homes in the village, an official and a villager said yesterday. Sin Seng, 43, a resident of the remote ...

Families on Rubber Company's Land Face Eviction Deadline

Surrounded by 100-armed police officers, authorities in Mondolkiri province yesterday said the roughly 200 families living on a rubber company’s land concession in Koh Nhek district have until Friday to leave their homes. After having already seen district police burn down three of their homes over ...

Private Firms Approach Cambodia’s Bourse With Caution

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

Cambodia rubber drops 6 per cent

Cambodia’s rubber prices declined almost six per cent in the past two weeks, caused by concern over the European crisis with Greece, industry players and Cambodian officials said yesterday. Men Sopheak, deputy director general of Chop Rubber Plantation, a big rubber exporter in Cambodia, said the ...

http://www.phnompenhpost.com/index.php/2012051856229/Business/cambodia-rubber-drops-6-per-cent.html

Cambodian Rice Exports Fall Short of Government Hopes

Cambodia’s rice exports in 2012 may fall significantly compared to last year, due to high fuel prices, soaring logistics costs and high prices. According to local sources, Cambodian rice shipments to Europe this month are at a $200 markup per container over those from Thailand and ...

http://oryza.com/Rice-News/15163.html

Slow outlook for 2012 rice exports

Rapidly increasing logistics costs and low regional rice prices would hinder Cambodia’s rice-export target this year, with one expert saying that milled-rice exports could fall to half of last year’s shipments. The cost of shipping rice to Europe climbed by more than 50 per cent between ...

http://www.phnompenhpost.com/index.php/2012051756213/Business/slow-outlook-for-2012-rice-exports.html

Cedac to Export Rice to Germany Next Month

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday it would begin exporting organic rice to Europe in June for the first time as part of a one-year agreement with a German-based equitable trade organization. “We’re looking to break more into the international ...

TTY to open $6m rice milling plant in 2013

Cambodian-owned TTY corporation will invest US$6 million in a rice milling plant in Kampong Speu province, company officials said yesterday. Heng Sarath, TTY deputy director, said the factory would be built on national road 6, and would mill 20 tonnes of rice per year. Construction is ...

http://www.phnompenhpost.com/index.php/2012051656175/Business/tty-to-open-6m-rice-milling-plant-in-2013.html

UN Sees Cambodian Economic Growth Slowing in 2012

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

PH may tap Cambodia rice buffer stocks

The Philippines may decide to choose Cambodia to supply some of the rice it needs to boost its buffer stocks, Agriculture Secretary Proceso Alcala said on Friday. Alcala said the government still has to buy 120,000 metric tons of rice to fill the 500,000 metric tons ...

http://business.inquirer.net/58969/ph-may-tap-cambodia-rice-buffer-stocks

Cedac report to help farmers

As the rainy season approaches, Cedac, a Cambodian agricultural organisation, is appealing to farmers this week to increase their rice yields, according to a Cedac report directed toward growers. The report established a six-step order of operations that would ensure increased output during the most intense growing ...

http://www.phnompenhpost.com/index.php/2012051156101/Business/report-to-help-farmers.html

Agricultural NGO to Become a Cooperative

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday that it was undertaking measures to change its status from an NGO to a cooperative, a move that will ease the organization of donor money and push it to become more profit orientated ...

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 ...

http://www.phnompenhpost.com/index.php/2012050756008/Business/loran-imex-to-launch-2m-rice-mill-in-2013.html

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 ...

http://www.phnompenhpost.com/index.php/2012050255903/Business/seed-selection-crucial-experts-tell-growers.html

Battambang investors bankroll cassava processing plant

Investors in Cambodia’s northeast on Monday announced an investment in a cassava-processing plant in Battambang province. Prak Phoung Kesoa, assistant CEO at Battambang Agro-Industry, said yesterday that the plant would be 100 per cent Cambodian owned ...

http://www.phnompenhpost.com/index.php/2012050155878/Business/battambang-investors-bankroll-cassava-processing-plant.html

Salt farmers extend season by one month

In an effort to make up for the low salt yield this year caused by unexpected rainfall during the dry season, farmers in salt-producing Kep and Kampot provinces said yesterday that they would try to continue harvesting the mineral for another month even though the ...

Cashew nut harvest likely to decline

As the end of this year’s cashew harvest nears, the yield in two major producing provinces has fallen compared with last year, officials and farmers said, while traders said that the price of the nuts had also dropped since last year. In Kompong Cham province, this ...

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