News

CEO: Up to 300,000 tonnes of palm oil ‘possible’ this year

Crop-friendly weather is set to underpin growth in Cambodia’s output of crude palm oil beyond prior estimates, industry insiders have said. The oil palm, also known by its botanical name Elaeis guineensis, is a tropical plant cultivar which is said to have originated in the ancient ...

Hin Pisei
https://www.phnompenhpost.com/business/ceo-300000-tonnes-palm-oil-possible-year

Local mango planters can still depend on EU market: Exporter

Despite the failure to export to China and South Korea local planters can expect a boost in the exportation of fresh mangoes to the European Union (EU) provided they have quality products, said an exporter yesterday. ...

Chea Vannak
https://www.khmertimeskh.com/50519681/local-mango-planters-can-still-depend-on-eu-market-exporter/

CDC gives nod to $3.5B in projects

The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-nod-35b-projects

More mangoes going to France under deal

Mong Reththy Group (MRG), the Kingdom’s largest agro-industrial conglomerate, has secured a deal to export additional volumes of locally grown mangoes to France, the company announced yesterday on its Facebook page. ...

Post Staff
http://www.phnompenhpost.com/business/more-mangoes-going-france-under-deal

Part of tycoon’s ELC to be granted to villagers

The Preah Sihanouk province land management committee is in the process of issuing land titles for 82 families in a recently converted forest area, as well as from an economic land concession (ELC) belonging to the Mong Reththy Group. ...

Touch Sokha
http://www.phnompenhpost.com/national/part-tycoons-elc-be-granted-villagers

Feed mill to take bite out of growing import demand

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand

Feed mill to take bite out of growing import demand

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand

Mango exporter targets Hungary and Russia

Mong Reththy Group, an agro-industrial conglomerate that invested heavily in the mango sector, is expanding markets for exports to Russia and Hungary. Group president Mong Reththy said the new markets will increase group exports from Cambodia to 5,000 metric tons a year. ...

Chea Vannak
http://www.khmertimeskh.com/news/36314/mango-exporter-targets-hungary-and-russia/

Pigs call first dibs on feed

AGRO-Industrial conglomerate Mong Reththy Group inaugurated its first feed mill on Friday, with the factory’s production line aimed foremost at supplying the group’s industrial pig-rearing operation, a company executive said yesterday.​ ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/pigs-call-first-dibs-feed

Rubber producers want export taxes scrapped

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

Post Staff
http://www.phnompenhpost.com/business/rubber-producers-want-export-taxes-scrapped

Crude palm oil exports rise 116%

The export of crude palm oil (CPO) from agro-industrial conglomerate Mong Reththy Group reached 13,000 metric tons in the first six months this year, up a huge 116 percent compared to the same period last year. ...

Chea Vannak
http://www.khmertimeskh.com/news/27856/crude-palm-oil-exports-rise-116-/

Palm oil yields up as crop matures

Export of crude palm oil from Mong Reththy Group, the Kingdom’s only active producer, doubled during the first half of the year despite prices showing no indication of improving, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/palm-oil-yields-crop-matures

Pig skin to kick off leather industry

Agro-industrial giant Mong Reththy Group is finalising construction on the Kingdom’s first pig skin processing factory and expects production to begin by the end of the year, a company executive said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/pig-skin-kick-leather-industry

Reththy, agriculture ministry continue to squabble

The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. ...

Sor Chandara and Cheng Sokhorng
http://www.phnompenhpost.com/business/reththy-agriculture-ministry-continue-squabble

EU market could tap into tapioca

Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...

Sor Chandara
http://www.phnompenhpost.com/business/eu-market-could-tap-tapioca

Manufacturers seek help to upgrade products for export to ASEAN

Local manufacturers are calling for government support to help them make their products meet quality standards set by other members of ASEAN – standards they say will be the major barrier to access the regional market as the ASEAN Economic Community (AEC) kicks off at ...

Sok Chan
http://www.khmertimeskh.com/news/18814/manufacturers-seek-help-to-upgrade-products-for-export-to-asean/

Livestock law near approval

A draft law on animal health and production is expected to be approved by the December 2015 Asean Economic Community (AEC) deadline, government officials say. Soun Sothoeun, deputy director of animal health and production at the Ministry of Agriculture, said on Friday that the new law ...

Chan Muyhong
http://phnompenhpost.com/business/livestock-law-near-approval

Interested, but not yet committed

From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/interested-not-yet-committed

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