News
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
Terms settled on deal to supply rice to Bangladesh: CRF
Cambodia and Bangladesh have finalised terms on a massive rice deal that could see up to 1 million tonnes of rice purchased from the Kingdom over the next five years, with the first shipment due to begin by November, a source close to the deal ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/terms-settled-deal-supply-rice-bangladesh-crf
Government refutes claims over price of Bangladesh rice deal
Cambodian officials and members from the private sector have refuted international media reports that claim the price for rice exports to Bangladesh will be set at $453 a tonne as part of a government-to-government deal that hopes to see 250,000 tonnes of white rice exported ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-refutes-claims-over-price-bangladesh-rice-deal
Kingdom courts rice deal with Bangladesh
The Kingdom’s apex rice industry body has been meeting this week to discuss ways of nailing down a potentially massive deal with Bangladesh, which earlier this month inked a memorandum of understanding to purchase 1 million tonnes of Cambodian rice over the next five years. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdom-courts-rice-deal-bangladesh
Rice deal cooking with Bangladesh
Cambodia and Bangladesh announced a potentially massive rice deal yesterday that would deliver up to 1 million tonnes of local rice to the South Asian nation over the next five years, provided they agree on the pricing terms. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-deal-cooking-bangladesh
China’s appetite driving rice export growth as demand continues to outstrip supply
Cambodian rice exports increased marginally during the first half of the year as export companies push to fulfill higher quotas destined for China. Rice exports totalled 288,562 tonnes in the first six months of the year, an increase of 7.6 percent compared to the same time ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/chinas-appetite-driving-rice-export-growth-demand-continues-outstrip-supply
Study on how to boost rice storage
A feasibility study into the possibility of establishing a series of warehouses and kiln for rice farmers is exploring how to improve the quality of storage in the industry. ...
Chea Vannak
http://www.khmertimeskh.com/news/39870/study-on-how-to-boost-rice-storage/
Rice millers balk at export fees
Numerous members of the Cambodia Rice Federation (CRF), the body tasked with lobbying on the sectors behalf, have stopped paying membership dues and export fees, claiming that they cannot afford to as the industry continues to struggle with high production costs and regional export competition. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-millers-balk-export-fees
Millers push for China access
Amid concerns that the European Union could reject shipments of Cambodian rice, exporters are pushing for more access to China as an alternative market for the Kingdom’s principal agricultural commodity. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/millers-push-china-access
Checks for rice exporters
More than 40 rice millers have applied for quality checks to allow for export to China but most have not yet reached a high enough standard, the Agriculture Ministry said. ...
Chea Vannak
http://www.khmertimeskh.com/news/36362/checks-for-rice-exporters/