Dry season rice crop jeopardized

The Center for Study and Development of Agriculture (Cedac) is calling on the government and microfinance firms to issue low-interest loans for flood-stricken farmers in order to save this year’s dry season rice harvest. Floods have destroyed 10 percent of the rainy season rice crop and ...

Floods and crisis sink rubber price

Rubber growers and exporters in Cambodia stalled exports as rubber prices continued a sharp decline that companies attributed to flooding in Thailand and economic turmoil in Europe. Heng Sreng, general director of Long Sreng International Co Ltd and owner of Boeung Keth Rubber Plantation in Kampong ...

http://www.phnompenhpost.com

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

UAE considering Kingdom's rice

Cambodia plans to expand its exports of milled rice and other agricultural products to the United Arab Emirates, Minister of Commerce Cham Prasidh said yesterday. The UAE seeks a replacement for the milled rice it would otherwise import from Thailand, where the worst flooding in decades ...

http://www.phnompenhpost.com

Exports reach $3.5 billion in the first nine months

Total exports during the first nine months of the year rose 41 percent to $3.5 billion compared to the same period in 2010, according to data released by the Ministry of Commerce. Of the total amount, $3.1 billion was in garments, $10 million in paddy rice, ...

Cassava exports jump 94%

The Kingdom’s cassava exports soared 94 per cent year-on-year in the first nine months of 2011, despite the recent flood devastation the agriculture sector has experienced, according to Ministry of Commerce figures. The statistics showed that Cambodia’s export of dry and fresh cassava hit about 22,652 ...

http://www.phnompenhpost.com/index.php/2011101952198/Business/cassava-exports-jump-94.html

Cash crop deal to aid Kingdom

A Malaysian firm on Saturday signed a joint agricultural agreement with property development company Paragon Corporation Cambodia worth a potential US$2 billion in exports of corn, rubber, coffee and other cash crops. Penned by Paragon Corporation Cambodia and Markmore Group Malaysia, the joint development project will ...

http://www.phnompenhpost.com/index.php/2011101752151/Business/cash-crop-deal-to-aid-kingdom.html

245,500 tons of rubber per year to be collected by 2020

Rubber production in Cambodia is expected to increase by 245,500 tons per year by 2020, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). MAFF Minister Chan Sarun said on Aug 30 that Cambodia will have 365,000 hectares for rubber production as the amount ...

http://www.etmcambodia.com/

Kampot pepper prices expected to grow in January

The Kampot Pepper Association said yesterday that the price of pepper would increase in January to $8 per kg, up from $7 currently. Nguon Lay, president of the association, said that the price hike was due to strong demand from abroad and high production costs ...

500 hectares of sanctuary granted to rubber company

Five hundred hectares of Mondolkiri land inside a protected wildlife sanctuary have been granted to a rubber company, sparking concerns among indigenous minorities who rely on the forest. According to a sub-decree dated August 31 and signed by Prime Minister Hun Sen, the government approved an ...

Bio-fuelled power plant to go online

A rice-husk powered power plant will officially open in Kampong Speu at the end of the year, set to provide electricity to the district’s rice millers, according to officials from operator Golden Rice Cambodia. The US$2 million generator is set to supply power to all of ...

http://www.phnompenhpost.com/index.php/2011091251590/Business/bio-fuelled-power-plant-to-go-online.html

Dozens protest in Phnom Penh over land loss

Sixty villagers from Kratie province staged a protest Friday in Phnom Penh’s Wat Botum Park, claiming that their land had been grabbed by three private companies, and appealed to Prime Minister Hun Sen to intervene in their case. Slesh Vansoekrya, a representative of the villages, said ...

SRP calls to suspend Prey Long rubber firm

Opposition party lawmaker Son Chhay has sent a letter to Deputy Prime Minister Sok An asking for the immediate suspension of a Vietnamese rubber plantation in the endangered Prey Long forest, accusing the firm of illegal deforestation. In the letter dated Wednesday, Mr Chhay also asked ...

Land for Rubber Farms to Nearly Double by 2020

Cambodia expects to almost double the amount of land used to cultivate rubber between now and 2020, a move that rights groups say could result in more evictions across Cambodia. Ly Phalla, director general of General Directorate of Rubber Plantations, said yesterday that there are ...

Exports to be unaffected by debt crisis

As Cambodian exports continue to grow, commerce officials predict sovereign debt crises in the United States and Europe will not threaten the sector. Total exports surged by more than 46 per cent to US$2.677 billion in the first seven months of the year, compared to ...

http://www.phnompenhpost.com/index.php/2011090251413/Business/exports-to-be-unaffected-by-debt-crisis.html

England Promises to Invest US$ 2.22 Billion in Cambodia

England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...

http://thesoutheastasiaweekly.com/

Land Tycoon Lavishes Largesse on Sanctuary Staff

Officials working in Boeng Per Wildlife Sanctuary and in nearby communities said yesterday that they were receiving new motorbikes and digital cameras from businessman Try Pheap, who in recent months received large-scale rubber concessions in the Preah Vihear province sanctuary. Earlier this week, it was ...

Land Concessionaire Gives $130,000 to Officials

Businessman Try Pheap, who in recent months received large-scale economic land concessions in Boeng Per Wildlife Sanctuary in Preah Vihear province, has donated $130,000 to the sanctuary’s environmental management and the local CPP office,  officials said yesterday. Recipients of the funds denied that there was ...

Malaysian firm eyes Kampong Thom land

Malaysain firm Lion Forest Industries Berhad plans to acquire 58,000 hectares of land in Kampong Thom province for US$26.1 million, the company announced yesterday. The company has also announced its intention to purchase 9,995 hectares of land in Preah Vihear province for $3.9 million, according ...

http://www.phnompenhpost.com/index.php/2011083051332/Business/malaysian-firm-eyes-kampong-thom-land.html

Lion Forest Industries’ RM78.3m Cambodian Investment

Kuala Lumpur–Lion Forest Industries BHD (LFIB) is acquiring 58,000 hectares under an economic land concession (ELC) in Cambodia for US$26.1 million (RM78.3 million) to cultivate oil palm and rubber trees. LFIB said on Monday, Aug 29 the concession would not be less than 70 years under ...

http://www.theedgemalaysia.com/business/192189-lion-forest-industries-rm783m-cambodian-investment.html

More rallies against rubber

More than 300 villagers from Kampong Cham province’s Chamkar Leu, Memot, and Stung Trang districts gathered in Phnom Penh on Friday to protest against a plan to relocate them from their land in order to make way for rubber plantations. The villagers contend they have ...

http://www.phnompenhpost.com/index.php/2011082951307/National-news/more-rallies-against-rubber.html

Cambodia and N-Korea Update Trade Ties

Ouch Borith, Secretary of State for Cambodia’s Ministry of Foreign Affairs and International Cooperation, and Ri Myong San, Trade Vice-Minister of DPRK, signed an agreement where Cambodia and North Korea agreed to expand bilateral trade, technology, agriculture, industry, investment and the health sector on July ...

http://www.etmcambodia.com/

Kampot Seeks to Rise Pepper Production in 2012

After the harvesting of peppers from Jan 1 to May 31 this year, farmers in Kampot province were able to harvest 16 tons and the hope is to increase production to 20 tons in 2012. Nguon Lay, the head of Kampot pepper community, said on ...

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