Alliance to disburse $2 million to buy paddy rice, help exports
The Alliance of Rice Producers Exporters of Cambodia (ARPEC) will release US$2 million after December 15th to its members in nine provinces so they can buy paddy rice before the harvest season ends and stocks been depleted. He said the pay out is being drawn from assets and investments from its members who’ve bought more than $100 worth of shares. … Milled rice export data from the Single- Window Secretariat for Facilitating Milled Rice Export showed that at the end of October, Cambodia only exported 148200 tones over, 100, 000 tones short of the 250 000 tonne goal for this year. However the figure is a 765 tonne increase on the same period last year. …
