News

Investment Or Imperialism? Tracking China's Big Ambitions In Cambodia

A few years ago this scene would have played out in China. More specifically, it would have played out in a Chinese coastal region to which millions of rural folks had arrived looking for work. A huge hangar, piles of fabrics of all colors at both ...

http://www.worldcrunch.com/business-finance/investment-or-imperialism-tracking-china-039-s-big-ambitions-in-cambodia/cambodia-china-investment-corruption-development/c2s10857/#.URRx2PLEPXQ

Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

Ratings Agency Retains Stable Growth Outlook for Cambodia

Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...

http://www.cambodiadaily.com

Ministry on trail of the apple snail

The Ministry of Agriculture, Forestry and Fisheries, along with Prey Veng provincial agriculture experts and villagers in Svay Ourntor district, are taking measures to eradicate golden apple snails, which feed on rice seedlings, agriculture officials said. According to Prey Veng agriculture chief Ouk Samnang, only a ...

http://www.phnompenhpost.com/index.php/2012110559567/National-news/ministry-on-trail-of-the-apple-snail.html

Cooperatives Key to Help Farmers, Combat Hunger

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...

Fake potash reduces rice profits and farm output

A senior agricultural official is concerned by the prevalence of fake fertilizers that cause stunted rice crops and reduce farmers’ profits. Ngin Chhay, director of the Rice Crops Department in the Ministry of Agriculture, Fishery and Forestry, told the Development Research Forum in Phnom Penh yesterday the products were ...

http://www.phnompenhpost.com/index.php/2012102359365/Business/fake-potash-reduces-rice-profits-and-farm-output.html

Climate action plan needed

World Bank President Jim Yong Kim said yesterday that climate change will be a concern in some Asian countries, including Cambodia. He encouraged the countries to find ways to manage any affects on their economies. Economists recognize it will lower growth in some main sectors of the economy – ...

http://www.phnompenhpost.com/index.php/2012101259257/Business/climate-action-plan-needed.html

Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Rice exports up 2 percent over last year

Cambodia’s total export of milled rice via the single window office slightly increased by two per cent over the first nine months of this year compared to the same period last year, according to data from the Ministry of Agriculture. Speaking at the Cambodian Rice Forum ...

http://www.phnompenhpost.com/index.php/2012100259022/Business/rice-exports-up-2-per-cent-over-last-year.html

Alliance an advocate for industry

The executive committee of the Alliance of Rice Producers and Exporters of Cambodia, ARPEC, decided earlier this month to set up a commercial arm to help members get financing for a variety of rice-related activities. According to ARPEC secretary-general Hun Lak and deputy secretary-general David Van, ...

http://www.phnompenhpost.com/index.php/Special-Reports/alliance-an-advocate-for-industry.html

Now available: certified chemical-free vegetables

In May, the first group of vegetable producers in Cambodia was certified on the basis of COrAA’s “Standards for Chemical-free Crop Production”. The 72 farmers, belonging to the Women Chemical-free vegetable-producing group of the Vegetable Supply Co-operative in Svay Rieng, have been producing healthy vegetables for ...

http://www.phnompenhpost.com/index.php/Special-Reports/certified-chemical-free-vegetables-hit-shelves.html

Million-tonne goal still a challenge

It has been more than two years since the Cambodian government issued a rice export policy in June 2010, aiming to export a million tonnes of milled rice by 2015. However, a shortage of capital to buy unmilled rice, known as “paddy”, together with high ...

http://www.phnompenhpost.com/index.php/Special-Reports/million-tonne-goal-still-a-challenge.html

UN Says Cambodia 'Food Secure' Thanks to Gov't Policies

While the global economic crisis weakened the ability of Cambodian households to purchase food, the government’s focus on agricultural production and other policies have since helped alleviate food insecurity in the country, the U.N. Conference on Trade and Development said in a new report. Between June ...

WHO Urges Higher Taxes On Tobacco

The World Health Organization (WHO) yesterday urged Cambodia to increase taxes on cigarettes and other tobacco products-currently the lowest in the world-in order to raise revenue and deter smokers. Ayda Yurekli, coordinator of the WHO’s tobacco control economics unit, said during a workshop in Phnom Penh ...

District Governor Questioned Over Clearing Protected Forest

The Phnom Penh Municipal Court questioned a district governor from Kampong Thom province yesterday over his involvement  in clearing protected flooed forest in the province in July. Prim Rottha, Stong district governor, is one of about 20 officials who received court summonses in July over their suspected ...

Officials cheated me: farmer

A cassava grower in Siem Reap’s Srei Snom district has accused a district police chief and a deputy commune chief of cheating him out of his land after they doctored the grower’s testimony in a court case. Em Socheat, a lawyer for land owner Yem Savuth, ...

http://www.phnompenhpost.com/index.php/2012090458481/National-news/officials-cheated-me-farmer.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 ...

http://www.phnompenhpost.com/index.php/2012082358234/National-news/villagers-face-rice-paddy-water-woes.html

Chinese firm plans investment in Cambodia

PHNOM PENH — China’s Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group’s chairman Pan Xiaoping said Wednesday. Pan said during a meeting with Heng Samrin, president of Cambodia’s National Assembly that his company decided to establish an overseas branch office in Cambodia to focus on the threeprojects. Pan did not say when the projects will be started. Heng Samrin pledged full support for those projects, which he said will be good to boost thedevelopment of Cambodia’s economy. “Foreign investment is a key factor to accelerate economic development in Cambodia,” he said.   ...

http://www.chinadaily.com.cn/business/2012-08/08/content_15652416.htm

Preah Vihear villagers protest soldiers' SLC

Villagers who allege authorities and armed forces in Preah Vihear province have been burning their houses and clearing farmland of 400 families, to create a social land concession, protested yesterday, calling on intervention from Prime Minister Hun Sen. The 5,557-hectare SLC in Kulen district’s Srayang village ...

http://www.phnompenhpost.com/index.php/2012080757855/National-news/preah-vihear-villagers-protest-soldiers.html

Six Questioned Over Tonle Sap Reservoirs

The Phnom Penh Municipal Court on Wednesday questioned six people, including a provincial director of water resources and a commune chief, over allegations that they cleared part of a flooded forest in Kompong Thom to illegally construct reservoirs on the Tonle Sap. Earlier this month, military ...

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