Cambodia Sees Opportunity for US Investment in Agriculture

Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business relatively free from the graft as Cambodia makes anti-corruption headway. Cham Prasidh was in Washington last week, where he and other ...

http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html

Rice plant helps grow Sino-Cambodian ties

The rice-processing industry is bringing South China’s Guangxi Zhuang autonomous region and Cambodia even closer, as it becomes a new growth point for bilateral cooperation with the Southeast Asian nation aiming to increase its rice exports. A rice milling plant in Kampong Chhnang Province of central ...

http://europe.chinadaily.com.cn/world/2012-11/19/content_15939799.htm

Healthy growth for Cambodia’s economy

A NEW report from the Organisation for Economic Co-operation and Development (OECD) says GDP growth in Cambodia over the next five years is likely to hit 6.9 per cent, the highest of any ASEAN country apart from Laos. However, the report warns that Cambodia needs to ...

http://www.phnompenhpost.com/index.php/2012111959805/Business/healthy-growth-for-cambodias-economy.html

Officials worry over tiny rise in rice exports

Cambodian milled rice exports grew by only 0.52 per cent in the first 10 months of the year, compared to the same period last year, according to new figures from the government. Officials have expressed concern over Cambodia’s ability to reach its export target of ...

http://www.phnompenhpost.com/index.php/2012111659775/Business/officials-worry-over-tiny-rise-in-rice-exports.html

Merit in rice trade plan

The cabinet on Tuesday approved a proposal allowing the Commerce Ministry to form a rice trade partnership with Asean’s four other rice-producing countries, namely Vietnam, Laos, Cambodia and Myanmar, to stabilise rice prices in the global market and to promote food security in the region. The ...

http://www.bangkokpost.com/news/local/321297/rice-trade-area-plan-has-merit

Govt okays 5-nation rice trade zone

The cabinet yesterday approved the Commerce Ministry’s plan to develop a rice trade partnership with Cambodia, Laos, Myanmar and Vietnam to stabilise international rice prices According to a source at the Commerce Ministry, the rice trade zone project will begin with Cambodia and will involve rice ...

http://www.bangkokpost.com/news/local/320895/govt-okays-5-nation-rice-trade-zone

As Climate Changes, Farmers Need More Help

The government is not doing enough to help farmers weather the destructive effects of drought and flooding brought on by climate change, leaving NGOs to provide aid and emergency relief in cases of natural disaster, agriculture industry leaders said at a forum yesterday. ...

http://www.cambodiadaily.com

Paddy Rice Price Fluctuates

The price of paddy rice in Cambodia’s northwestern provinces jumped to 1,500 riel from 1,350 riel per kilogram in mid-October on a lack of supply, but quickly fell to 1,360 riel. Meanwhile, the prices in the Cambodia-Vietnam border provinces rose from 1,300 riel to 1,390 ...

http://www.phnompenhpost.com/index.php/2012110659583/Business/paddy-rice-price-fluctuates.html

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

Indonesian Trader Close to $1.5b Cambodia Sales Deal

Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...

http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207

Thai prices ease as intervention distorts regional trade

Thailand’s rice intervention scheme is distorting trade around Southeast Asia, attracting rice smuggled from neighbouring countries into Thai government stockpiles, but genuine business remains slack and Thai prices have fallen this week. Cheap rice from Cambodia and Myanmar is finding its way into Thai government warehouses ...

http://www.brecorder.com/markets/commodities/asia/85016-thai-prices-ease-as-intervention-distorts-regional-trade-.html

Renewable energy used for rice milling

The Federation of Cambodian Rice Millers Association in Battambang province will establish a biomass-generated electricity plant in Battambang, an insider said. The plant will cost up to US$10 million and generate 10 megawatts of electricity. Phou Puy, president of the Federation of Cambodian Rice Millers Association (CRMA) and the ...

http://www.phnompenhpost.com/index.php/2012101059210/Business/renewable-energy-used-for-rice-milling.html

RPT-World Bank cuts East Asia GDP outlook, flags China risks

The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...

http://www.reuters.com/article/2012/10/08/worldbank-asia-outlook-idUSL3E8L81IN20121008

Men Sarun rice to China

Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...

http://www.phnompenhpost.com/index.php/2012100559116/Business/local-company-to-export-tonnes-of-rice-to-china.html

Cambodia’s Jasmine Rice Awarded World Best Rice for 2012

Cambodia’s aromatic variety of jasmine rice was awarded top prize at the Rice Trader World Rice Conference in Bali, Indonesia, last month Cambodia is now seeking to expand its exports of its jasmine rice and other varieties. Ung Chhengsear, a representative of Cambodian rice export company Lor ...

http://www.voacambodia.com/content/cambodia-jasmine-rice-awarded-world-best-rice-for-2012/1518980.html

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