News

Rice harvest soon but still no help

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 ...

Chea Vannak
http://www.khmertimeskh.com/news/29597/rice-harvest-soon-but-still-no-help/

Agricultural brokerage firm begins operations

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 ...

http://www.phnompenhpost.com/2013051465589/Business/agricultural-brokerage-firm-begins-operations.html

Rice miller plans to export 10,000 tonnes

State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...

http://www.phnompenhpost.com/2013031461931/Business/rice-miller-plans-to-export-10-000-tonnes.html

Waterways may reduce export costs

Cambodia’s waterways are significantly under-used for the transport of commodities such as rice, and enhanced infrastructure and a review of government fees is needed at the Kingdom’s ports to make exports more competitive, industry experts say. According to figures from the Alliance of Rice Producers and ...

http://www.phnompenhpost.com/2013031261877/Business/waterways-may-reduce-export-costs.html

$20m mill will lift rice exports

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...

http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html

Rice mills need to show solidarity, minister says

At the Cambodian Rice Forum 2012, Agriculture Minister Chan Sarun said that if the Kingdom wants to reach the government’s goal of exporting 1 million tons of rice annually by 2015, rice mills need to join forces and work closely together. Such an association [of rice ...

http://etmcambodia.com

Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Investment Needed to Reach Rice Export Target

Cambodia exported just 78,000 tons of milled rice through the first eight months of 2012, and if the government is to reach its target of exporting 1 million tons each year by 2015 the agriculture sector needs more access to financing, participants at the Cambodian ...

Waste to Watt

In an outbuilding at Lok Sear’s rice milling operation in Kandal province, two four-meter-high cylindrical machines vibrate and hum as the occasional chicken and duck pecks near the concrete blocks holding them up. While they do both feature a thinck band of aluminium around their ...

http://etmcambodia.com

More water transport needed

Cambodia’s waterways go largely unused for domestic shipping, a factor hurting the competitveness of the country’s logistics and agriculture sectors, experts said yesterday. Cambodia lost ground this year in a measure of logistics performance. As rice millers and exporters push toward the 1 million-tonne rice goal ...

http://www.phnompenhpost.com/index.php/2012071857471/Business/waterways-needed.html

Rice Millers to Increase Capital

Cambodian rice millers will increase their capital to purchase unmilled rice this season as bankers agreed to provide more loans, insiders said on Monday. Baitong will increase its capital to purchase up to 140,000 tonnes of fragrant unmilled rice, compared to last year’s 70,000 tonnes said ...

http://www.phnompenhpost.com/index.php/2012062857068/Business/rice-millers-capital.html

More companies must list for the CSX to be a success

One of the personalities closely associated with the development of the stock exchange in Cambodia, Morten Kvammen, a director at SBI Royal Securities, says the CSX needs more companies to list in order to be successful. Kvammen, a graduate of the Wharton School of Finance and ...

http://www.phnompenhpost.com/index.php/Special-Reports/more-companies-must-list-for-the-csx-to-be-a-success.html

As rice harvest begins, grain's price soars

As the harvest of the wet season rice crop gets under way in many parts of the country, rice prices have started to increase, rice millers said yesterday. They said prices were now up about 15 percent compared to the same time last year, but ...

Hun Sen announces one-stop office for rice

Prime Minister Hun Sen Mnounced yesterday that the government would create a one-stop service office for rice millers and exporters in order to reduce red tape and help the country reach its lofty export target of a million tons of milled rice by 2015. “We cannot ...

Banks offer millions to millers

Two Cambodian banks have set aside US$200 million for loans to bolster the Kingdom’s struggling rice-milling industry, officials said yesterday. The move comes as the Cambodian government has called on the private sector to boost loans to rice millers during the harvest season as a way ...

http://www.phnompenhpost.com/index.php/2011112352914/Business/banks-offer-millions-to-millers.html

Bio-fuelled power plant to go online

A rice-husk powered power plant will officially open in Kampong Speu at the end of the year, set to provide electricity to the district’s rice millers, according to officials from operator Golden Rice Cambodia. The US$2 million generator is set to supply power to all of ...

http://www.phnompenhpost.com/index.php/2011091251590/Business/bio-fuelled-power-plant-to-go-online.html

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