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 ...
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
Companies warned over slow development of ELCs
Provincial government officials in Stung Treng have warned companies granted economic land concessions (ELCs) in the province to fulfil their promised development plans or face losing their rights to the land. Touch Thea, director of the Stung Treng provincial department of agriculture, said the call for ...
Chan Muyhong
http://www.phnompenhpost.com/business/companies-warned-over-slow-development-elcs
Cambodian mangoes ship off to China
Agriculture tycoon Mong Reththy yesterday confirmed a second shipment of Koe Romeat mangoes, twice the size of the first, will be headed for China this week from his Preah Sihanouk plantation. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodian-mangoes-ship-china
First mango export factory planned
Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-mango-export-factory-planned
Local palm oil exporter targets EU
Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...
http://www.phnompenhpost.com/2013040964951/Business/local-palm-oil-exporter-targets-eu.html
New palm oil plant for $16m
Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...
http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html
Disputed land to be returned to villagers
More than 8,000 hectares of land was cut from economic and forest land concessions owned by some of the country’s biggest tycoons and awarded to villagers last month, according to documents from the Council of Ministers. Four sub-decrees signed by Prime Minister Hun Sen order that ...
http://www.phnompenhpost.com/2013012160890/National/disputed-land-to-be-returned.html