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Prime Minister Hun Sen yesterday said more investment in agriculture was needed to ensure that Cambodia can process its crops and add value to agricultural produce being exported abroad. Speaking at the inauguration of a new cargo port in Kandal province, Mr. Hun Sen said there was an ...

Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...

Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. The report also said ...

Representatives from over 100 Cambodian and Vietnamese companies gathered in Phnom Penh to seek agricultural investment opportunities between the two countries. Participants listened to reports on trade and co-operation opportunities in agriculture, forestry, aquaculture and seafood, delivered by representatives from both governments. They discussed Viet Nam’s ...

Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business relatively free from the graft as Cambodia makes anti-corruption headway. Cham Prasidh was in Washington last week, where he and other ...

In an effort to reach a crowing number of customers in the agricultural sector Malaysia based CIMB bank Plc on Friday opened 4 new branches in Phnom Penh, Battambang and Kompong Cham cities. CIMB wants to provide loans to customers in the rice, ...

South Korean President Lee Myung-bak arrived in Cambodia on Sunday for a series of international summits, including one involving the newly re-elected U.S. president, Barack Obama, about freer trade and other cooperation issues in the region. On Monday and Tuesday, Lee will attend a trio ...

The cabinet yesterday approved the Commerce Ministry’s plan to develop a rice trade partnership with Cambodia, Laos, Myanmar and Vietnam to stabilise international rice prices According to a source at the Commerce Ministry, the rice trade zone project will begin with Cambodia and will involve rice ...

An agriculture and transportation company has allegedly threatened to demolish the homes of about 100 families on Wednesday if they refuse to move off an agricultural land concession in Kampot province’s Chhuk district, villagers said yesterday. “So Nguon company and [Decho Aphivat commune chief] Chum Soeun ...

Global food prices fell 1 per cent or two points in the October 2012 Food and Agriculture Organisation’s (FAO) Food Price Index released on October 7, 2012. The index averaged 213 points, compared to September’s revised level of 215 points. According to the FAO, the decrease ...

The price of paddy rice in Cambodia’s northwestern provinces jumped to 1,500 riel from 1,350 riel per kilogram in mid-October on a lack of supply, but quickly fell to 1,360 riel. Meanwhile, the prices in the Cambodia-Vietnam border provinces rose from 1,300 riel to 1,390 ...

The Ministry of Agriculture, Forestry and Fisheries, along with Prey Veng provincial agriculture experts and villagers in Svay Ourntor district, are taking measures to eradicate golden apple snails, which feed on rice seedlings, agriculture officials said. According to Prey Veng agriculture chief Ouk Samnang, only a ...

An Indonesian trade delegation is scheduled to visit Cambodia this month to finalize a trade deal that could see up to 100,000 tons of rice exported to Indonesia each year, Thon Virak, director general of state-owned rice exporter Green Trade Co., said on Friday. “Indonesia wants ...

Indonesia will import 100,000 tons of rice from Cambodia next month, Trade Ministry director general for foreign trade Deddy Saleh has said. The importation is a follow up from a joint trade agreement signed in August this year. “For the first batch, we will import 100,000 tons ...

Cambodia has received a US$1 million grant in order to develop its milled rice industry and strengthen the country’s exporting capacity, according to the Cambodian Ministry of Commerce. It is part of a larger, US$3-4 million grant from the Enhanced Integrated Framework (EIF), a partnership ...

A senior agricultural official is concerned by the prevalence of fake fertilizers that cause stunted rice crops and reduce farmers’ profits. Ngin Chhay, director of the Rice Crops Department in the Ministry of Agriculture, Fishery and Forestry, told the Development Research Forum in Phnom Penh yesterday the products were ...

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 ...

World Bank President Jim Yong Kim said yesterday that climate change will be a concern in some Asian countries, including Cambodia. He encouraged the countries to find ways to manage any affects on their economies. Economists recognize it will lower growth in some main sectors of the economy – ...

Thailand’s rice intervention scheme is distorting trade around Southeast Asia, attracting rice smuggled from neighbouring countries into Thai government stockpiles, but genuine business remains slack and Thai prices have fallen this week. Cheap rice from Cambodia and Myanmar is finding its way into Thai government warehouses ...

The Federation of Cambodian Rice Millers Association in Battambang province will establish a biomass-generated electricity plant in Battambang, an insider said. The plant will cost up to US$10 million and generate 10 megawatts of electricity. Phou Puy, president of the Federation of Cambodian Rice Millers Association (CRMA) and the ...

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 ...

Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...

In an effort to promote rice exports among Cambodian farmers, government officials said on Tuesday they will register the type of rice seed set for export and the rice seed produced for the national market. Cham Prasidh, Minister of Commerce, said on the closing of the ...

Cambodia’s aromatic variety of jasmine rice was awarded top prize at the Rice Trader World Rice Conference in Bali, Indonesia, last month Cambodia is now seeking to expand its exports of its jasmine rice and other varieties. Ung Chhengsear, a representative of Cambodian rice export company Lor ...