News
Cambodia posts sharpest increase in rice output among major producers
Cambodia posted the sharpest increase in production among the world’s major rice producers between 2000 and 2010, the Food and Agricultural Organization said in a report released Wednesday. The 2013 edition of the UN agency’s Statistical Yearbook showed that Cambodia was the world’s 12th largest rice ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTRlZjk2Yzg3OTd
Cambodia shrugs at Gambia’s import ban
Gambia’s recent announcement that it would ban rice imports in about three years to spur local demand will only have a small impact on Cambodia, which sends a portion of its annual output to the west African country and other nations on the continent, data ...
http://www.phnompenhpost.com/2013061866317/Business/cambodia-shrugs-at-gambia-s-import-ban.html
Robust Recovery Continues
Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...
http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html
Cambodia's rice exports up 126 pct in 5 months
Cambodia’s exports of milled rice have sharply increased in the first five months of this year thanks to rising international market demand and country’s rice promotion strategy, an official said Thursday. The country had exported 146,800 tons of milled rice during January-May period this year, up ...
http://news.xinhuanet.com/english/world/2013-06/06/c_132435784.htm
Cambodia urges to boost country's exports
Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...
http://news.xinhuanet.com/english/business/2013-06/06/c_132436133.htm
Cambodian rice exports to Thailand rising; Democrat revives allegations
The National Anti-Corruption Commission (NACC) will consider claims of corruption in the government’s rice-pledging scheme made during a recent parliamentary session, a senior official from the agency said. However, it remains unclear when the NACC will conclude its ongoing probe. During screening of the 2014 ...
http://www.nationmultimedia.com/politics/NACC-to-probe-rice-scheme-testimony-30207459.html
Rice exports to Thailand rise
Exports of Cambodian unpolished rice to Thailand are increasing, and the trend is promising if the Thai government continues its intervention policy to guarantee the minimum paddy price for their farmers, industry insiders said. Government figures show that in the first four months of this ...
http://www.phnompenhpost.com/2013053165969/Business/rice-exports-to-thailand-rise.html
Against the Grain
On the palm-studded plains of Cambodia, rice farmers’ eyes light up with the prospect of sending their crop northward to China. The poor Southeast Asian nation had been trying for several years to export rice to the mainland but only last year did it gain ...
http://www.chinaeconomicreview.com/china-rice-demand-market-import
CEDAC Introduces Guidlines
The Cambodian Centre for Study and Development in Agriculture (CEDAC) yesterday introduced techniques to prepare a good rice harvest for farmers ahead of the rainy season, CEDAC announced. Yang Saing Koma, president of CEDAC, said farmers could improve their harvests if they follow the seven steps. ...
http://www.phnompenhpost.com/2013053065930/Business/cedac-introduces-guidlines.html
Families seek to Farm Land Claimed by RCAF
Some 300 families from Bantey Meanchey province’s Preah Netr Preah district-embroiled in two separate long-running disputes with Royal Cambodian Armed Forces (RCAF)-yesterday submitted complaints to the provincial governor asking for permission to temporarily farm on the land until the ownership dispute is resolved, villagers and ...
Loans and deposits up 30%
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 ...
http://www.phnompenhpost.com/2013053065929/Business/loans-and-deposits-up-30.html
Electricity co-operation crucial
Co-operation on the exchange of electricity will be very important in making the 10-country ASEAN bloc move forward to a single market by 2015, experts said, but a shortage of power supply in each country remains a challenge. Speaking to reporters yesterday after the opening of ...
http://www.phnompenhpost.com/2013052465820/Business/electricity-co-operation-crucial.html
Rice exports to region rising
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 ...
http://www.phnompenhpost.com/2013052365791/Business/rice-exports-to-region-rising.html
Officials in ‘contract’ farms drive
Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...
http://www.phnompenhpost.com/2013052265766/Business/officials-in-contract-farms-drive.html
Agriculture needs more loans, irrigation systems, experts say
Accessing low-interest loans for rice cultivation is a challenge because the industry in Cambodia is dependant upon rainfall and not irrigation and is thus more risky, experts said last week. In a meeting on the private sector development in the rice sector, Lim Heng, vice president ...
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 ...
Opposition Lawmakers Want ‘Social’ Land to Go to Farmers
Cambodian lawmakers have passed a new law on agriculture, but critics say the law does not go far enough to protect the country’s farmers. The law passed on Thursday evening, but not before debate at the National Assembly. During the debate opposition representatives called on the ...
Cambodia’s Economic Opportunity
While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...
http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/
Major banks show more agricultural sector trust
Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...
Milled Rice Exports Rise in the First Four Months
Milled rice exports have seen dramatic growth this year as the sector begins to take advantage of duty-free exports to European countries, an official and the U.N. Food and Agriculture Organization (FAO) said. Thon Virak, director of state-owned rice exporter Green Trade, said Tuesday that in ...
http://www.cambodiadaily.com/business/milled-rice-exports-rise-in-first-four-months-22826/
Agriculture Contributes To Helping Cambodia’s Economic Growth: PM Hun Sen
“The agriculture sector today is still playing significant role in promoting local production growth, job creation, and contributing to the poverty reduction of the people. At the same time, the agriculture sector will continue the basic role for economic growth and socio-economic development in Cambodia in ...
Mekong forest facing sharp decline: WWF
BANGKOK: Demand for farmland may strip the Greater Mekong region of a third of its remaining forest cover over the next two decades without swift government action, a leading conservation group warned Thursday. Forests are being cleared for commodities such as rubber and rice while illegal logging is decimating ...
http://www.channelnewsasia.com/news/asiapacific/mekong-forest-facing-sharp-decline-wwf/661574.html
Stronger ties with Cambodia sought ahead of rice-trading zone
Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...
U.S. imports large volume of organic rice
An unusual report shows that organic rice buyers in the U.S. are getting a large percentage of their rice from Cambodia. The Cambodian Center for Study and Development in Agriculture (CEDAC) exported 114 tonnes of organic jasmine rice to the U.S. in the first quarter of ...
http://www.agprofessional.com/news/US-imports-large-volume-of-organic-rice-201976661.html