News
Kingdom’s rice sector faces lack of capital
A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-sector-faces-lack-capital
China a market for fragrant rice
Cambodia is campaigning to boost its luxury fragrant rice exports to China, the world’s largest market, said Cambodia Rice Federation (CRF) vice-president Chan Sokheang on Thursday. Sokheang told The Post on Thursday that the CRF plans to achieve the quota that China provided Cambodia – ...
Hin Pisei
https://www.phnompenhpost.com/business/china-market-fragrant-rice
Kingdom will export one million tonnes of rice by 2022, says CRF
The Cambodia Rice Federation (CRF) has committed to raising the Kingdom’s rice exports to one million tonnes by 2022, its president Song Saran said on Wednesday. The comment was made at the Strategic Plan 2020-2023 Consultation Workshop, which was attended by CRF members, ministry representatives, ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-will-export-one-million-tonnes-rice-2022-says-crf
Kingdom’s rice exports rise 2%
Cambodian rice exports in the first nine months of the year rose two per cent year-on-year, led by the Chinese market, a Cambodia Rice Federation (CRF) report said. Rice exports to China increased more than 44 per cent, the report said, while exports to the ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-exports-rise-2
RDB opens new round of ‘emergency’ loans
With the rice harvest season beginning soon, state-owned Rural Development Bank (RDB) has started disbursing loans to local rice millers under its emergency fund, according to a high-ranking official. ...
Chea Vannak
https://www.khmertimeskh.com/50643674/rdb-opens-new-round-of-emergency-loans/
Cambodia seeks to export rice to Africa through Korean firms
Cambodia plans to export rice to African markets through South Korean companies, as its EU market share showed signs of drop in the first half of this year. In addition to the Chinese market, the Cambodia Rice Federation (CRF) expects exports to Africa to help ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-seeks-export-rice-africa-through-korean-firms
CRF awaits response from EU
The European Court of Justice has yet to make a pronouncement regarding a lawsuit filed by the Cambodia Rice Federation in April against the European Union’s decision to impose tariffs on Cambodian Indica rice. The information was revealed during a CRF meeting Friday chaired by president ...
Chea Vannak
https://www.khmertimeskh.com/50612498/crf-awaits-response-from-eu/
Despite loss of duty-free status, Kingdom’s rice exports see 6% increase
Despite losing its duty-free export status in the EU, the Kingdom’s rice exports saw a six per cent increase in the first quarter of this year compared to the same period last year, according to figures released by the Secretariat of One Window Service for ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/despite-loss-duty-free-status-kingdoms-rice-exports-see-6-increase
PM seeks overseas markets for Kingdom’s agricultural products
Speaking at the closing ceremony of 2018-2019 Agriculture, Forestry and Fisheries Annual Result Review Meeting, Prime Minister Hun Sen said Cambodia’s agricultural sector is showing progress, with it producing nearly six million tonnes of paddy, which can be processed into four million tonnes of milled ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-seeks-overseas-markets-kingdoms-agricultural-products
Cambodia’s agriculture sector must supply own raw materials
Agricultural sector insiders said relying on neighbouring markets to source raw materials for Cambodia’s agriculture products is a short-term strategy that needs to be managed. During a discussion, last week with Vu Quang Minh, Vietnamese ambassador to Cambodia, Minister of Agriculture, Forestry and Fisheries Veng ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-agriculture-sector-must-supply-own-raw-materials
China increases rice import quota
Four days after the EU imposed tariffs on rice imported from Cambodia, China agreed on Monday to increase its import quota for Cambodian rice to 400,000 tonnes this year from the previous 300,000 tonnes. If Cambodia can supply the quantity under the new Chinese quota, ...
Hor Kimsay
https://www.phnompenhpost.com/business/china-increases-rice-import-quota
Tariff-free through EU loophole?
Cambodians may be able to market rice in the EU tariff-free if they sell the semi-processed grain to European millers instead of finished products to end consumers, as the former is still subject to a zero tax rate, said an exporter. ...
Hor Kimsay
https://www.phnompenhpost.com/business/tariff-free-through-eu-loophole
Cambodian rice to lose EU duty-free status
The Cambodian rice sector is set to lose its duty-free export status to the EU today – its major rice market – after the European bloc decided to impose tariffs on rice from Cambodia and Myanmar to curb a surge in such imports. ...
Hor Kimsay
https://www.phnompenhpost.com/business/cambodian-rice-lose-eu-duty-free-status
Kingdom’s rice exports down 1.5%
The Kingdom’s rice exports saw a 1.5 per cent drop last year compared to 2017 due to the industry’s lingering challenges – the cost of production and competition with the international market. Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rice-exports-down-15
Increase in rice facilities boosts price of Kingdom’s paddy rice
As a result of more rice facilities constantly being installed, the price of paddy rice for the 2018-2019 season was between 900 riel and 1,300 riel ($0.22 and $0.32) per kg, an increase on the previous season, according to industry insiders. Cambodia Rice Federation vice-president ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/increase-rice-facilities-boosts-price-kingdoms-paddy-rice
Chinese to invest in Kingdom’s rice
China’s Henan Yuguang International Economic and Technical Cooperation Co Ltd (HYIETC) has expressed interest in investing in the Kingdom’s rice facilities – a move welcomed by the government and the rice industry. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/chinese-invest-kingdoms-rice
Positive sign in EU rice tariff saga
The European Union yesterday failed to come to a consensus on taxing Cambodia fragrant and white rice, giving leaders of the local rice sector more time to plan the next step in their fight to stop the EU from imposing tariffs. ...
Sok Chan and Sangeetha Amarthalingam
https://www.khmertimeskh.com/50556403/positive-sign-in-eu-rice-tariff-saga/
Cambodia faces ‘negative impacts’ if EBA suspended
The European Chamber of Commerce in Cambodia (EuroCham) expressed its “serious concerns” on Monday over the “long-term negative impacts” of the EU removing the Kingdom’s access to the preferential Everything But Arms (EBA} agreement. It also expressed “hope that a dialogue can be implemented to ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/cambodia-faces-negative-impacts-if-eba-suspended
EU to probe exports of rice
The European Commission has found sufficient evidence to launch an investigation into whether Cambodian rice exported to the EU puts an unfair burden on European rice farmers, potentially imperiling the Kingdom’s tariff-free exports to the bloc. ...
Cheng Sokhorng and Brendan O’Byrne
https://www.phnompenhpost.com/business/eu-probe-exports-rice
GI status for Tonle Sap rice under consideration
Rice authorities in the kingdom are exploring the possibility of applying for Geographical Indication (GI) status for rice grown in areas around the Tonle Sap Lake. ...
Sok Chan
http://www.khmertimeskh.com/50103691/gi-status-for-tonle-sap-rice-under-consideration/
Unifying brand name unveiled as Rice Federation addresses its flaws
The Cambodia Rice Federation (CRF) today announced a new “Malys Angkor” brand to be used as the official moniker for four species of Cambodian fragrant rice. The first day of the two-day Cambodia Rice Forum also featured the release of a remarkably frank report on the ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/unifying-brand-name-unveiled-rice-federation-addresses-its-flaws-0
New forum to tackle problems in rice sector
Next month the Cambodia Rice Federation (CRF) will hold the sixth edition of the Cambodia Rice Forum, bringing major stakeholders in the sector together to discuss the future of the local rice industry and create a joint effort to ramp up production and exports. ...
Sum Manet
http://www.khmertimeskh.com/5095643/new-forum-tackle-problems-rice-sector/
Rice sector optimistic as harvest wraps on Rumduol
Rice farmers and millers are confident that the price for premium fragrant paddy will continue to increase over the next two weeks as the annual harvest season for Phka Rumduol wraps up. However, farmers complain that they are still facing long-standing problems that could see ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-sector-optimistic-harvest-wraps-rumduol
Bangladesh rice deal shelved
Cambodia has failed to finalise the terms of a massive 250,000-tonne delivery of rice to Bangladesh, with industry insiders claiming that shipments have been cancelled as millers do not currently have the stockpiles to meet export demand while hopes for further negotiations appear to be ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/bangladesh-rice-deal-shelved