News

Rail gets rice exports on move

For the first time since a railway rehabilitation project was launched in 2006, Cambodian rice is now being transported from Phnom Penh to the Sihanoukville port along the country’s southern line for export, operators Toll said on Wednesday. Speaking at the Phnom Penh cargo loading station, ...

http://www.phnompenhpost.com/business/rail-gets-rice-exports-move

Malaysian firms urged to venture into Cambodia's agri sector

Malaysian companies have been urged to venture into Cambodia's agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...

http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244

Rice exports already surpass last year’s total

Cambodia exported about 31,000 tonnes of rice in July, a 40 per cent seasonal increase from the average of 22,000 tonnes for first five months of this year. Official data show that Cambodia exported 207,000 tonnes from January through July, an amount surpassing the 205,000 tonnes ...

http://www.phnompenhpost.com/business/rice-exports-already-surpass-last-year%E2%80%99s-total

Philippine, Cambodian rice deal still on hold

Four months after the Philippines and Cambodia signed an agreement to increase rice trade, the plan is stuck in limbo. Philippine Ambassador to Cambodia Noe Wong and Cambodian Minister of Commerce Cham Prasidh signed a deal in April for the Philippines National Food Authority to import ...

http://www.phnompenhpost.com/business/philippine-cambodian-rice-deal-still-hold

Rice husk to power agriculture

Cambodia-based SOMA Energy will construct two bio-mass power-generating plants that convert rice husks into electricity to supply Cambodian farmers working in the provinces. SOMA energy, a subsidiary of SOMA group, has invested nearly $3 million in the construction of the plants, one of which is located ...

http://www.phnompenhpost.com/business/rice-husk-power-agriculture

FAO sees slight decline in Cambodian rice harvest this year

Cambodia's rice harvest is forecast to reach 9.1 million tonnes this year, down from an estimated 9.3 million tonnes last year but up from 8.8 million tonnes in 2011, the Food and Agricultural Organization said Thursday. The estimates were contained in the UN agency's quarterly Crop ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDBmNGIwNDFiZWY

Cambodia's rice exports up 125 pct in first half of 2013

Cambodia has seen a sharp rise in the exports of milled rice in the first six months of this year thanks to increasing demand on international markets, an official said Wednesday. The figures, from the single window secretariat for facilitating milled rice exports, showed that the ...

http://news.xinhuanet.com/english/business/2013-07/10/c_132529640.htm

China currency deals surge

As trade activity between Cambodia and China intensifies, banks are seeing an increase in deals transacted in yuan, the Chinese currency. Operating in Cambodia since 2010, Bank of China’s Phnom Penh Branch has been trying to promote business transactions in yuan, and has seen a significant ...

http://www.phnompenhpost.com/2013070866712/Business/china-currency-deals-surge.html

Bilateral trade with China rises

Trade volume between Cambodia and China was valued at $1.79 billion in the first four months this year, a 42 per cent increase compared to the  same period last year, according to the Chinese embassy in Cambodia. In 2012, bilateral trade between the countries reached about ...

http://www.phnompenhpost.com/2013070566680/Business/bilateral-trade-with-china-rises.html

The Grain of Rice That Could Help Cambodia Grow

SAMRAONG TONG DISTRICT, Kompong Speu Province – Laughing, Ouch Samnang jumped back and forth over a skipping rope held by his classmates. The 13-year-old goes to school in a small village in Kom­pong Speu province, he has friends, five siblings and loving parents. Overall, he ...

http://www.cambodiadaily.com/news/the-grain-of-rice-that-could-help-cambodia-grow-32650/

ADB to loan $55 million to Cambodia's rice sector

The Asian Development Bank (ADB) has approved a loan of $55 million to help transform the rice sector of Cambodia into a viable commercial industry as well as taking care of the land and water resources. ... ADB's Climate-Resilient Rice Commercialization Sector Development Program―which will run ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjI4NDZjMzFlMmE

Cambodia's foreign trade worth over 6 bln USD in 5 months

Cambodia's trade with foreign countries amounted to 6.25 billion U.S. dollars in value in the first five months of this year, up 20 percent from the same period last year, according to statistics from the Commerce Ministry on Wednesday. During the January-May period this year, the ...

http://www.xinhuanet.com/english/

Thai rice cuts pose problems

Thailand’s recent announcement of a 20 per cent price cut within the government rice-pledging scheme will have little impact for Cambodian exports, but farmers may feel the effects, say industry insiders. In an article published in the Bangkok Post on June 19, Thailand’s cabinet had agreed ...

http://www.phnompenhpost.com/2013062166407/Business/thai-rice-cuts-pose-problems.html

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