News

Prime Minister appeals to rice millers not to lower paddy prices

Prime Minister Hun Sen on Wednesday appealed to rice millers and paddy buyers not to lower prices and to secure better rates for farmers facing difficulties in the early harvest season. The Cambodian Rice Federation (CRF) said the low prices were due to an influx ...

Thou Vireak
https://www.phnompenhpost.com/business/prime-minister-appeals-rice-millers-not-lower-paddy-prices

Gov’t to reduce reliance on hydro

The government will prioritise renewable energy development rather than hydroelectric power, Electricite du Cambodge (EdC) director-general Keo Rattanak has said. Private sector insiders have hailed the decision, saying investment in solar power would make the Kingdom’s manufacturing sector more competitive due to lower prices. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-reduce-reliance-hydro

Rice industry insiders optimistic

With more plans for rice storage and silos in Cambodia, industry insiders have expressed their optimism that a lack of facilities will not pose a challenge for the Kingdom’s rice market this year. Cambodian Rice Federation vice-president Norng Veasna said thanks to efforts from the ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-industry-insiders-optimistic

Rice exports down 5%

Rice exports last month were five per cent lower than in January last year, after a full year of decline in 2018. However, a sector insider said it is not a major concern because it is only the beginning of 2019. A report from the ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-exports-down-5

UN data show nearly half of Kingdom’s rice exports undocumented

The UN Food and Agriculture Organisation (FAO) is forecasting that 44 percent of Cambodia’s total rice exports will be smuggled out of the country through informal channels this year, a persistent problem that weighs down profits and threatens to cripple the industry. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/un-data-show-nearly-half-kingdoms-rice-exports-undocumented

Best rice to be decided in national competition

The Cambodian Rice Federation (CRF) will host a competition on November 1 to determine the finest rice in Cambodia, with the winning brand representing the kingdom at the ninth edition of the World’s Best Rice Competition Program, which will take place a few days later ...

Sum Manet
http://www.khmertimeskh.com/5088003/best-rice-decided-national-competition/

Rice export container fees set

Reduced fees for the loading of containers of milled rice for export, fixed for the next two years, came into effect on Tuesday as part of government efforts to boost the rice sector’s global competitiveness. According to a letter signed by Economy Minister Aun Pornmoniroth, dated ...

May Kunmakara
http://www.khmertimeskh.com/news/31604/rice-export-container-fees-set/

Gov’t acts on plastic rice

In response to persistent rumors of rice in Cambodia being adulterated with rice-like plastic pellets, the government announced yesterday that it would boost testing of rice across the country, and threatened to take legal action against any unsubstantiated claims. ...

Sok Chan
http://www.khmertimeskh.com/news/31470/gov---t-acts-on-plastic-rice/

Terms announced on rice lending package

The government-owned bank charged with issuing $27 million in emergency loans to rice millers as part of an initiative aimed at propping up the struggling rice industry announced the terms of the credit lines yesterday, and said it would ensure that the funds were used ...

Hor Kimsay
http://www.phnompenhpost.com/business/terms-announced-rice-lending-package

Rice paddy bank short of funds

Two years since the opening of Cambodia’s first large-scale rice paddy bank, the private sector company behind the project is seeking additional capital to carry it through the next five years. Thaneakea Srov (Kampuchea) Plc launched services in late August 2014 with its sprawling facility in ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-paddy-bank-short-funds

Board of CRF seeks a double term

Just a month since their election, the leaders of the nation’s apex rice industry have cast a motion to extend their terms – a move some have greeted with suspicion. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/board-crf-seeks-double-term

Gloomy forecast for Cambodia's rice sector

An industry analyst has issued a dire forecast for Cambodia’s rice sector, claiming the long-grain “white gold” that has been credited with lifting millions of Cambodia’s farmers out of abject poverty, and which seems a natural fit for the Kingdom’s agrarian workforce, is on a ...

Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/gloomy-forecast-cambodias-rice-sector

Rice brand has yet to stick

The private sector’s campaign to develop a single recognisable umbrella brand for Cambodia’s premium varieties of fragrant rice looks increasingly tenuous after a government body voiced objections to the name selected, and argued instead that the country should market each variety of rice under its ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-brand-has-yet-stick

Rice sector continues its struggle in first half

Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector.   ...

Sorn Sarath
http://www.phnompenhpost.com/business/rice-sector-continues-its-struggle-first-half

Rice industry body president gets wary vote of confidence

Cambodia’s apex rice industry body held its annual general meeting on Saturday, with its members unanimously re-electing its well-connected incumbent president, Sok Puthyvuth, for a second term in what some are calling a dress rehearsal for his political ascendancy. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-industry-body-president-gets-wary-vote-confidence

Rice Federation to vote for president on July 2

FWith voting set to take place on July 2 to elect the next president of the Cambodian Rice Federation (CRF), the organisation has pledged to further strengthen its mandate, while rice millers and exporters claim they have lost confidence in the organisation’s ability to achieve ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-federation-vote-president-july-2

‘Angkor Malis’ brand name yet to satisfy

With the Cambodian Rice Federation (CRF) ready to adopt “Angkor Malis” in June as the official brand name for the Kingdom’s premium varieties of jasmine rice, exporters said that inconsistent English to Khmer translations need to be corrected. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/angkor-malis-brand-name-yet-satisfy

Illegal rice imports still pouring across border

More than a month has elapsed since the government vowed to strengthen its borders to halt illegal imports of rice, yet little has been done to stem the flow of illicit rice shipments flooding into Cambodia from its foreign neighbours and undermining the export efforts ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/illegal-rice-imports-still-pouring-across-border

CRF to register ‘Angkor Malis’ brand and logo

The Cambodian Rice Federation (CRF) will officially register the name “Angkor Malis” in June as the umbrella brand for the Kingdom’s premium varieties of fragrant rice, a representative said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/crf-register-angkor-malis-brand-and-logo

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