News

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 ...

The state-owned Rural Development Bank (RDB) has announced that it will distribute $50 million in loans to private rice millers to sustain the paddy market for farmers. The Cambodia Rice Federation (CRF) said the funds will be used to purchase nearly 300,000 tonnes of paddy ...

Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said. Contract farming refers to an agreement between a company and an agricultural community regarding prices, quantities and standards of quality. ...

With the rice harvest season beginning soon, state-owned Rural Development Bank (RDB) has started disbursing loans to local rice millers under its emergency fund, according to a high-ranking official.​ ...

Rice millers in Battambang province are seeing red due to an erratic power supply affecting their production and causing them to lose money. ...

Rice millers have taken up less than a quarter of a $27 million emergency loan fund to stabilise prices of the grain, blaming late disbursement for the poor take up. ...

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. ...

The Ministry of Agriculture is calling on rice millers to apply for a second round of quality checks for exports to China after only 28 local rice mills, out of 60 which applied for inspection in the first round, passed last year. ...

Two rice millers, which had passed initial inspections, were deemed ineligible to export rice to China after failing quality and food hygiene tests applied by Chinese experts. ...

Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released yesterday. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports were in the ...

Cambodian milled rice has passed quality and food hygiene tests for export to China. A delegation of Chinese experts inspected the quality and safety at 27 rice mills during a week-long visit, said Hean Vanhan, director-general of the agriculture department at the Agriculture Ministry. The result of ...

In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...

The government’s much-heralded $27 million emergency rice fund, announced last month amid complaints from rice farmers and millers that cheap competition and low-storage capacity was driving down prices, has so far had only limited takers among rice millers. ...

Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said yesterday. ...

Three weeks since Prime Minister Hun Sen approved $27 million in emergency loans to prop up the struggling rice sector, the state-owned bank charged with disbursing the funds said yesterday that it has only granted $1 million in loans, claiming that the number of eligible ...

As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister Hun Sen on Thursday lauded the government officials and “generous businesspeople” who heeded calls for emergency funds. ...

The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...

Rice millers in the country will now be able to access the government’s promised emergency loan of $20 million to purchase paddy rice from farmers in a bid to prevent rice prices from falling further, the Rural Development Bank (RDB) announced yesterday. Rural Development Bank CEO ...

In the latest effort to mitigate the impact of plummeting rice prices, Prime Minister Hun Sen said on Monday that the government was seeking $300 million from China to boost the capacity of rice millers and provide funds to them for purchasing paddy from farmers. ...

The Ministry of Agriculture has taken action to prevent millers from purchasing paddy rice at below market price from farmers, currently struggling to produce enough marketable rice crop to make ends meet. The ministry, in a statement issued on Monday, ordered all provincial agricultural departments to ...

With less than three months to the rice harvesting season in November, panic has now set in among rice millers and producers who feel less confident as the days go by that they will be bailed out by government emergency loans ‒ to help them ...

Outstanding loans and deposits made at Cambodian banks grew by 32 per cent and 28 per cent respectively at the end of March this year from a year earlier, according to data from the National Bank of Cambodia (NBC). The data from the NBC that the ...

Cambodian milled rice exports are gradually lessening their dependency on a single market by expanding their shipping destination in Asia, a sign insiders say is good news for the industry. Kim Savuth, president of the Federation of Cambodian Rice Exporters, told the Post yesterday that milled ...

Chief Cambodia Holding, a Hong Kong-based brokerage firm, started its operations in Phnom Penh yesterday. The company aims to strengthen Cambodian agricultural products, a company official said. The company reserved $100 million investment capital to connect domestic agricultural producers to the market, Director of Chief Cambodia ...