News

Kingdom’s rice exports down 1.5%

The Kingdom’s rice exports saw a 1.5 per cent drop last year compared to 2017 due to the industry’s lingering challenges – the cost of production and competition with the international market. Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rice-exports-down-15

Battambang facility soon to start drying rice

A massive centralised rice drying facility in Battambang province being developed by Thaneakea Srov (Kampuchea) Plc will soon be operational, while its adjacent rice storage operations are on track to be completed early next year, the CEO of the company said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/battambang-facility-soon-start-drying-rice

Corn farmers welcome government action

As the government used the untapped funds of an emergency rice loan package to support struggling corn farmers , people in the sector considered this action as a good solution although there was not much success proved.  ...

Cheng Sokhorng
http://bit.ly/2teim3G

Rice body elections come at crucial time

Elections are due in the Cambodia Rice Federation (CRF) for the second term of its president and council of board members. The elections come at a crucial time as the government considers an emergency loan request from the CRF to help protect the rice sector ...

Chea Vannak
http://www.khmertimeskh.com/news/25665/rice-body-elections-come-at-crucial-time/

Rice sector credit boost

The government-backed Rural Development Bank (RDB) will lend $64 million to Cambodia’s agriculture sector in 2014, the bank’s top official said yesterday. Sun Kunthor, president of RDB, said most of the funding would be used to support growth in Cambodia’s rice sector as it strives to ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-sector-credit-boost

Government Bank Gives Loan for Rice Milling

The government-backed Rural Development Bank has handed a $4.5 million loan to a company planning to invest in Cambodia’s efforts to export more milled rice. Rural Development Bank chairman Son Kuon Thor said yesterday that the bank was giving the loan to a new company ...

http://www.cambodiadaily.com

Investment needed to hit rice target

Cambodia needs at least another $120 million of investment in rice mills if it is to meet the government’s 2015 target of exporting 1 million tons of rice, Agriculture Minister Chan Sarun said yesterday. While rice exports from Cambodia this year have seen a significant increase ...

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

Dry season rice crop jeopardized

The Center for Study and Development of Agriculture (Cedac) is calling on the government and microfinance firms to issue low-interest loans for flood-stricken farmers in order to save this year’s dry season rice harvest. Floods have destroyed 10 percent of the rainy season rice crop and ...

Phnom Penh orders rice sell-off to fight price gouges

City Hall coordinated the release of 120 tons of rice in cooperation with the state-run Rural Development Bank yesterday to keep prices in the city stable amid reports that vendors were using the current floods to gouge customers. Last week, Prime Minister Hun Sen said the ...

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