Cambodia’s Phka Rumduol rice failed to recapture the title of World’s Best Rice for the second year in a row, with Thailand taking top honors at the 8th World Rice Conference held in the northern Thai city of Chiang Mai last week. The three-day conference, organized by trade publication The Rice Trader, ended on Friday.… Read More »
Cambodia is about to sign very soon an agreement with Indonesia which will pave the way for the export of one million tonnes of rice under a new quota system, The Phnom Penh Post Online reported on Tuesday. Commerce Ministry spokesman Soeng Sophary said a memorandum of understanding between the two countries has been finalized… Read More »
ietnam and Cambodia will grant preferential treatment to each other in the field of trade, thus enabling their businesses to easily access the respective markets. An agreement to this effect was signed by Vietnamese Ministry of Industry and Trade Tran Tuan Anh and Cambodian Minister of Commerce Pan Sorasak on the sidelines of the seventh… Read More »
Rice Export Association of Pakistan (REAP) on Friday expressed concern over huge decline in Basmati and non-Basmati rice export during last two years and urged the government to take appropriate measures to prevent further loss of foreign exchange in this regard. According to REAP Chairman Mahmood Moulvi, Pakistan has suffered 44 percent decline in rice… Read More »
The government has upgraded quality standards of Hom Mali fragrant rice in a move to highlight the identity of Thailand’s premium long-grain fragrant rice. Duangporn Rodphaya, director-general of the Foreign Trade Department, said the Hom Mali designation will apply only to grains that contain 92% or higher Hom Mali content from December onwards. Grains with… Read More »
Cambodia called on Vietnam yesterday to withdraw quarantine and biosecurity measures for its imports from the Kingdom to boost bilateral trade that is expected to grow to $5 billion. “We want our trade flow [with Vietnam] to increase and also import and export tariffs to be reduced to zero. Most importantly we want Vietnam to… Read More »
Cambodia Minister of Agriculture Veng Sakhon has delivered a stinging broadside to the country’s agriculture and business sectors in the wake of what can only be described as the world’s shortest “crisis.” Just over a week ago the Cambodia rice sector was said to be in ‘crisis’. The tumbling price of rice in Battambang saw… Read More »
Cambodia asked China on Monday to speed up a $300 million loan to help Cambodia’s rice sector that has been hurt by plummeting prices amid fierce global competition. Deputy Prime Minister Hor Namhong told China’s ambassador to Cambodia, Xiong Bo, during a meeting on Monday that Cambodia urgently needed the funds which it first asked… Read More »
Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a memorandum of understanding in 2012 for the annual export of… Read More »
Rice millers in the country will now be able to access the government’s promised emergency loan of $20 million to purchase paddy rice from farmers in a bid to prevent rice prices from falling further, the Rural Development Bank (RDB) announced yesterday. Rural Development Bank CEO Kao Thach said the government’s $20 million emergency loan… Read More »