News

Exports of Cambodian unpolished rice to Thailand are increasing, and the trend is promising if the Thai government continues its intervention policy to guarantee the minimum paddy price for their farmers, industry insiders said. Government figures show that in the first four months of this ...

On the palm-studded plains of Cambodia, rice farmers’ eyes light up with the prospect of sending their crop northward to China. The poor Southeast Asian nation had been trying for several years to export rice to the mainland but only last year did it gain ...

Some 300 families from Bantey Meanchey province’s Preah Netr Preah district-embroiled in two separate long-running disputes with Royal Cambodian Armed Forces (RCAF)-yesterday submitted complaints to the provincial governor asking for permission to temporarily farm on the land until the ownership dispute is resolved, villagers and ...

Outstanding loans and deposits made at Cambodian banks grew by 32 per cent and 28 per cent respectively at the end of March this year from a year earlier, according to data from the National Bank of Cambodia (NBC). The data from the NBC that the ...

Cambodia’s share of modern biomass in total energy consumption is among the highest in the world, according to a report released Tuesday by the World Bank and the International Energy Agency. The report also found that growth in Cambodia’s dependence on renewable energy excluding traditional biomass ...

In an effort to boost trade activity between Thailand and Cambodia, both countries will discuss plans for two special economic zones along the Thai-Cambodian border next month, according to the secretary of state at the Cambodian Ministry of Foreign Affairs on Monday. “It will provide us ...

As Cambodia assesses its development goals, a study has found that many Cambodians want to see an improved judicial system, better education, improved agriculture and more human rights. A broad consortium of local and international development agencies spent the early part of the year conducting conferences ...

Cambodian milled rice exports are gradually lessening their dependency on a single market by expanding their shipping destination in Asia, a sign insiders say is good news for the industry. Kim Savuth, president of the Federation of Cambodian Rice Exporters, told the Post yesterday that milled ...

Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...

Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...

Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...

Accessing low-interest loans for rice cultivation is a challenge because the industry in Cambodia is dependant upon rainfall and not irrigation and is thus more risky, experts said last week. In a meeting on the private sector development in the rice sector, Lim Heng, vice president ...

Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ...

Cambodia has dispatched 4,779 workers to Thailand, South Korea and Japan in the first three months of this year, according to a report from the Ministry of Labor on Friday. During the January-March period this year, the country sent 4, 100 workers to Thailand, 678 workers ...

Cambodia’s cassava exports reached 245,438 tonnes in the first quarter this year, a 47 per cent decline quarter-on-quarter, from 465,640 tonnes in the final quarter of last year, according to statistics from the Ministry of Commerce released early this month. While most exports went to Thailand, ...

Chief Cambodia Holding, a Hong Kong-based brokerage firm, started its operations in Phnom Penh yesterday. The company aims to strengthen Cambodian agricultural products, a company official said. The company reserved $100 million investment capital to connect domestic agricultural producers to the market, Director of Chief Cambodia ...

Cambodian lawmakers have passed a new law on agriculture, but critics say the law does not go far enough to protect the country’s farmers. The law passed on Thursday evening, but not before debate at the National Assembly. During the debate opposition representatives called on the ...

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. ...

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 ...

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 ...

Illegal border movements, illegal logging, drug trafficking, illegal fishing and unofficial cross border trade are among the issues being confronted by Laos and Cambodia along their shared border at the moment. The report was made during a meeting held between Champassak provincial authorities from Laos and ...

Cambodia’s banking industry recorded a slight increase in lending in the first two months of this year after a sharp rise last year, according to a consolidated data provided by the National Bank of Cambodia (NBC) on Saturday. The data showed that the kingdom’s 33 commercial ...

Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...