ព័ត៌មាន
New Cambodian rice federation elects president
The Federation of Cambodia Rice Exporters, a new government-backed association of rice exporters which aims to bring together all the players in the rice sector to boost exports, formed on June 21 and elected Kim Savuth, president of Khmer Food Co., as its first president. The election saw Kim Savuth receiving 53 of ...
Rice Millers to Increase Capital
Cambodian rice millers will increase their capital to purchase unmilled rice this season as bankers agreed to provide more loans, insiders said on Monday. Baitong will increase its capital to purchase up to 140,000 tonnes of fragrant unmilled rice, compared to last year’s 70,000 tonnes said ...
http://www.phnompenhpost.com/index.php/2012062857068/Business/rice-millers-capital.html
China to back Kampot power plant
An unnamed Chinese investor will put nearly US$400 million into a 300-megawatt coal-powered plant in Kampot province, officials said yesterday. The plant, slated for a November groundbreaking, will provide power for the Kampot Special Economic Zone, the nearby Prey Nob oil refinery in Preah Sihanouk province ...
http://www.phnompenhpost.com/index.php/2012061956867/Business/china-to-back-kampot-plant.html
Phnom Penh Autonomous Port to push rice exports
Phnom Penh Autonomous Port plans to buy a rice-polishing machine from China, and will also look to build a rice storage facility in Kandal province. These moves, officials said, were intended to push along Cambodia’s rice trade during a period of uncertainty for the industry. Facilities ...
http://www.phnompenhpost.com/index.php/2012060856663/Business/ppap-to-push-rice-exports.html
Second rice trial to China
Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...
http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html
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
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 ...
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Rubber Gives New Bounce to Economy
Cambodia’s Prime Minister Hun Sen announced plans Thursday to encourage rubber smallholdings in a bid to expand production as the country promotes the cash crop as the number two commodity after rice. Hun Sen said the government will support not only large-scale rubber plantations but also ...
http://www.rfa.org/english/news/cambodia/rubber-04122012174332.html
Borei Keila evictees ‘will die’ without aid
Borei Keila evictees sleeping under stairs at the site where their houses were bulldozed in January would die unless more aid organisations provided them with food, an NGO representative said yesterday. Amnesty International paid for the Housing Rights Task Force (HRTF) to deliver more than 1,200 ...
National products chase GI recognition
A lack of funds would prevent Cambodia registering some of the country’s specialty products as geographic indications (GI), a form of international recognition that has boosted the sales of other domestic products such as Kampong Speu palm sugar. The government would like to see Siem Reap ...
One-Stop Office for Rice Exports to Open by April
Minister of Agriculture Chan Sarun announced yesterday that the government would establish its first one-stop service office for rice millers and exporters by the end of the month. The announcement comes two months after Hun Sen signed off on the idea, which is meant to cut ...
Dwindling water supplies put dry-season rice haul in danger
Dry-season rice farmers in some areas west of the Tonle Sap River and in eastern provinces are appealing to the government for help as the reservoirs they rely on for irrigation are drying up faster than usual, farmers and officials said yesterday. Officials at the ministries ...
Milled rice exports fall in January
Some of Cambodia’s biggest exporters have experienced a sizeable decline in milled-rice shipments this month, with one insider putting the number as high as 40 per cent year-on-year. The waning figure stands in stark contrast to last year’s milled-rice export numbers, which increased about 22 per ...
Investment needed to hit rice target
Cambodia needs at least another $120 million of investment in rice mills if it is to meet the government’s 2015 target of exporting 1 million tons of rice, Agriculture Minister Chan Sarun said yesterday. While rice exports from Cambodia this year have seen a significant increase ...
Cambodian rice output grows in 2011 despite floods
Cambodia’s total paddy rice output reached 8.4 million tonnes in 2011, up from 8.25 million tonnes last year, according an initial assessment by the Ministry of Agriculture, Forestry and Fisheries. Provincial MAFF officials from across the Kingdom met in Phnom Penh on Saturday, when data was ...
Hun Sen announces one-stop office for rice
Prime Minister Hun Sen Mnounced yesterday that the government would create a one-stop service office for rice millers and exporters in order to reduce red tape and help the country reach its lofty export target of a million tons of milled rice by 2015. “We cannot ...
Issues with Kingdom's rice exports
Cambodian rice trader TTY Corporation has said the Kingdom cannot meet a new 200,000-tonne export quota for shipping high-quality rice to China. State-owned Sinograin’s order for three varieties of milled fragrant rice was a deviation from an agreement struck with TTY in August, TTY deputy director-general ...
http://www.phnompenhpost.com/index.php/2011111552751/Business/issues-with-kingdoms-rice-exports.html
Weak spots seen in Kingdom trade
While the World Trade Organisation yesterday lauded Cambodia’s economic achievements since joining in 2004, officials pointed to the lack of much-needed financing for the Kingdom’s burgeoning trade sector. Cambodia lacks the capacity to finance the manufacturing and agriculture exports that would allow the country’s industries to ...
http://www.phnompenhpost.com/index.php/2011110852601/Business/weak-spots-seen-in-kingdom-trade.html
PPAP shipping numbers up
Freight shipments through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased more than 30 per cent year-on-year through October, according to official figures ...
http://www.phnompenhpost.com/index.php/2011110352507/Business/ppap-shipping-numbers-up.html
Rice Crops Take A Pounding From Southeast Asian Floods
October marks the start of the main rice harvest in Thailand, the world’s largest exporter of the grain. Traders are waiting to see the full impact of flooding on the crop, but it’s already clear that output across Southeast Asia will fall substantially. The U.N.’s ...
Rice Jumps Exchange Limit to One-Month High on Asia Flood Damage
Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...
Banks spared flooding woes
Cambodia’s banks should be largely spared the heavy damages already seen in many parts of the Kingdom’s economy, officials said yesterday, though microfinance lenders will feel some impact. Minister of Economy and Finance Keat Chhon last week revised downward the government’s gross domestic products for 2011 ...
http://www.phnompenhpost.com/index.php/2011101952199/Business/banks-spared-flooding-woes.html
Phnom Penh orders rice sell-off to fight price gouges
City Hall coordinated the release of 120 tons of rice in cooperation with the state-run Rural Development Bank yesterday to keep prices in the city stable amid reports that vendors were using the current floods to gouge customers. Last week, Prime Minister Hun Sen said the ...