Kingdom to reach rice target

Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...

http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html

Private property, public greed in Cambodia

Mark Moorstein knew little about Cambodia before he got involved in a lawsuit on behalf of land owners there. But as it’s turning out, the suit could end up affecting most every country in Asia. Moorstein is a land-use lawyer in Northern Virginia who, like many ...

http://www.politico.com/story/2013/05/lawyer-works-to-put-end-to-cambodia-land-grabbing-90985.html#ixzz2SlF9JBUm

Cambodia’s Economic Opportunity

While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...

http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/

Trade with Vietnam increases

Bilateral trade between Cambodia and neighbouring Vietnam rose more than 10 per cent year-on-year in the first quarter of this year, data from the Vietnam Embassy in Phnom Penh showed. Officials said cross-border trade facilitation by both countries significantly contributed to the growth. But they said ...

http://www.phnompenhpost.com/2013050965501/Business/trade-with-vietnam-increases-2013.html

Major banks show more agricultural sector trust

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

http://www.phnompenhpost.com/2013050965499/Business/major-banks-show-more-agricultural-sector-trust.html

Milled Rice Exports Rise in the First Four Months

Milled rice exports have seen dramatic growth this year as the sector begins to take advantage of duty-free exports to European countries, an official and the U.N. Food and Agriculture Organization (FAO) said. Thon Virak, director of state-owned rice exporter Green Trade, said Tuesday that in ...

http://www.cambodiadaily.com/business/milled-rice-exports-rise-in-first-four-months-22826/

Firm Given Rights to All ELC Timber in Ratanakkiri

The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...

http://www.cambodiadaily.com/news/firm-given-rights-to-all-elc-timber-in-ratanakkiri-22788/

Old Soldiers Won't Fade Away

“I don’t know how to protect the territorial integrity [of the nearby Cambodian-Thai border] – even my three hectares of land I cannot protect,” said Bun Chanthorn, 54, one of hundreds of retired and active soldiers who since 2010 have been battling the local authorities ...

http://www.phnompenhpost.com/2013050765451/National/old-soldiers-won-t-fade-away.html

Kids beaten over ELC

Five men working for Ratanakkiri rubber concessionaire DM Group, including a soldier, have been arrested for allegedly beating a villager and his children – one of whom, doctors say, may not survive – in a scuffle over their family’s land, the father said yesterday. Police confirmed ...

http://www.phnompenhpost.com/2013050665430/National/kids-beaten-over-elc.html

Village patrols seize land-clearing tools

Jarai villagers in Ratanakkiri’s O’Yadav district escalated the defense of their protected land this weekend, confiscating the keys and batteries of bulldozers owned by the Vietnamese company they claim has been illegally clearing the area, community leaders said yesterday. The move comes after a number of ...

http://www.phnompenhpost.com/2013050665426/National/village-patrols-seize-land-clearing-tools.html

Sugar Firm Files Defense in Cambodian Lawsuit

British sugar firm Tate & Lyle has denied knowing of the alleged abuses at two Cambodian plantations accused of illegally driving hundreds of families off their farms and says that the families have no right to ask the company for compensation, according to the firm’s ...

http://www.cambodiadaily.com/news/uk-sugar-firm-files-defense-in-cambodian-lawsuit-21913/

Agriculture Contributes To Helping Cambodia’s Economic Growth: PM Hun Sen

“The agriculture sector today is still playing significant role in promoting local production growth, job creation, and contributing to the poverty reduction of the people.  At the same time, the agriculture sector will continue the basic role for economic growth and socio-economic development in Cambodia in ...

http://thesoutheastasiaweekly.com/?p=6134

Pushing the ELC envelope

Three companies accused of illegal logging in Ratanakkiri province are in possession of a combined 30,000 hectares of economic land concessions (ELCs) that are likely illegal because they are owned by the same parent firm. Hoang Anh Andong Meas, Hoang Anh Lumphat and Hoang Anh Ouyadav ...

http://www.phnompenhpost.com/2013050365405/National/pushing-the-elc-envelope.html

Mekong forest facing sharp decline: WWF

BANGKOK: Demand for farmland may strip the Greater Mekong region of a third of its remaining forest cover over the next two decades without swift government action, a leading conservation group warned Thursday. Forests are being cleared for commodities such as rubber and rice while illegal logging is decimating ...

http://www.channelnewsasia.com/news/asiapacific/mekong-forest-facing-sharp-decline-wwf/661574.html

Officials Consider Export Numbers Fishy

The Ministry of Commerce has released figures showing Cambodia’s export of fishery goods including fresh and dried fish products have decreased drastically in the first quarter of the year, though several government officials viewed the figures with scepticism. Cambodia exported 49.9 tonnes of fish products in ...

http://www.phnompenhpost.com/2013050365392/Business/officials-consider-export-numbers-fishy.html

Cambodia Must Up its Game in Rice Exports

Cambodia announced two major bilateral trade agreements last month, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. Over the last few years, Cambodia has emerged as a major rice exporter in the region, due in large part ...

http://asiafoundation.org/in-asia/2013/05/01/cambodia-must-up-its-game-in-rice-exports/

High Risk Seen in Kingdom’s Business Environment: Report

Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by Maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...

http://www.phnompenhpost.com/2013050265368/Business/high-risk-seen-in-kingdom-s-business-environment-report.html

Report Says Quarter of Forests Have Been Cleared in 40 Years

Cambodia has lost almost a quarter of its forests in the past 40 years due to rapid development and China’s demand for timber, according to a new report released yesterday by the World Wildlife Fund (WWF) on the Greater Mekong Region. Looking at five countries in ...

http://www.cambodiadaily.com

Angry Villagers Confront Workers

Jarai minority villagers in Ratanakkiri’s O’Yadav district protested in two locations yesterday against a Vietnamese company that community leaders say has been clearing their protected land and forcing villagers to accept inadequate compensation. Community leader Sev Hem said 30 angry villagers directly confronted five Company 72 ...

http://www.phnompenhpost.com/2013050165347/National/angry-villagers-confront-workers.html

Thailand and Cambodia to forge closer trade talks

After the fourth Joint Trade Commission (JTC) recently, Commerce Minister Boonsong Teriyapirom said that Thailand and Cambodia had the potential to drive two-way trade up by 30 per cent, due to strong growth in 2012. Last year, bilateral trade grew by 40.5 per cent year on ...

http://www.nationmultimedia.com/business/Thailand-and-Cambodia-to-forge-closer-trade-talks-30204979.html

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