News

More than 600kg of ivory seized

More than 600 kilograms of ivory were seized on Friday at Sihanoukville Autonomous Port, but the provincial court has yet to receive a complaint about the case from customs officials, a provincial prosecutor told Khmer Times yesterday. ...

San Bunsim
http://www.khmertimeskh.com/news/28163/more-than-600kg-of-ivory-seized/

Stocking up for the low season

Three months after it began buying up rice stock, the Cambodia Rice Bank (CRB) has acquired about 20,000 tonnes of paddy and 7,000 tonnes of milled rice, a representative from the bank said on Friday. According to Phou Puy, chairman and CEO of the CRB, the ...

Hor Kimsay
http://www.phnompenhpost.com/business/stocking-low-season

As oknha ranks grow, honorific loses meaning

Initially a status reserved for a privileged few, the number of businesspeople bearing the honorific “oknha” has ballooned from an estimated 20 individuals in 2004 to some 200 in 2008 and more than 700 today. Traditionally a title of nobility bestowed by the king to honor ...

Sek Odom and Simon Henderson
http://www.cambodiadaily.com/news/as-oknha-ranks-grow-honorific-loses-meaning-62057/

E-Commerce Law goes ahead with WB funding

A draft law on e-commerce that would regulate electronic trade in Cambodia will arrive at the Council of Ministers in August, following revision by two other state institutions, officials at the Ministry of Commerce said Wednesday. Orm Dararith, director of the Ministry of Commerce’s legal department, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/e-commerce-law-goes-ahead-with-wb-funding-60518/

Rice exports to Thailand dive

Rice exports to Thailand plummeted in the first four months of the year as a result of that country’s surplus, which reached record levels at the end of 2013. Between January and April, Cambodia exported just 1,550 tonnes of rice to Thailand, down 89 per cent ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-exports-thailand-dive

GI products closer to fruition

Three of Cambodia’s most iconic natural products – Thma Koul rice, Kampot durian and Cambodian silk – have been earmarked by the government to obtain the World Trade Organization’s Geographical Indication (GI) status. Speaking to reporters after a press conference on GI registration at the Ministry ...

Hor Kimsay
http://www.phnompenhpost.com/business/gi-products-closer-fruition

Cambodia's rice export up 84 pct in 2013

Cambodia had exported some 379, 000 tonnes of milled rice last year, up 84 percent from 205,700 tonnes recorded in 2012, government data showed Saturday. Some 84 companies have exported rice to 66 countries and regions around the world, the data said, adding that France, Poland, ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021753.htm

Rice Exports Rise by More Than 170,000 Tons

Rice exports increased from 205,717 tons in 2012 to 378,856 tons in 2013 as a result of high demand from the European Union as well as countries in Asia, according to figures released Thursday by the Ministry of Agriculture. France imported the most Cambodian milled rice, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/rice-exports-rise-by-more-than-170000-tons-49976/

Rice exports to Thailand rise

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 ...

http://www.phnompenhpost.com/2013053165969/Business/rice-exports-to-thailand-rise.html

Officials in ‘contract’ farms drive

Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...

http://www.phnompenhpost.com/2013052265766/Business/officials-in-contract-farms-drive.html

Loran Imex to launch $2m rice mill in 2013

Loran Import-Export Co Ltd, Cambodia’s largest milled-rice exporter, is scheduled to start construction on a new rice mill this month worth more than US$2 million, according to the company’s General Director Lim Bunheng. The mill will help reduce the flow of Cambodia’s paddy rice into neighbouring ...

http://www.phnompenhpost.com/index.php/2012050756008/Business/loran-imex-to-launch-2m-rice-mill-in-2013.html

Court issues injunction to top rice milling firm

Battambang provincial court has issued an injunction halting the sale of any part of Loran Import Export Company in a dispute over ownership of the prominent rice milling firm, according to a statement. The plaintiffs, including prominent media personality Soy Sopheap as well as Uy Ang ...

http://www.phnompenhpost.com/index.php/2011072750652/Business/court-issues-injunction-to-top-rice-milling-firm.html

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