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Tag Archives: Cambodian farmers
Rice Experts See Better Prospects in New Seeds
For five years now, Yin Narong has used a new method to plant rice. Instead of planting from the seeds of the previous year’s harvest, he buys new seeds from a local company. The difference, he said in an interview, has been a boost in yield of 200 kilograms of rice each harvest on one-fifth a hectare Continue reading
Cambodia’s Kampot Pepper Makes a Come back
Kampot province in southern Cambodia was long famous for the quality of its pepper. But under the Khmer Rouge regime in the late 1970s, almost all of the province’s pepper plantations were uprooted to make way for rice. Now a local company is leading an effort to revive Kampot pepper by earning it Geographical Indication … Continue reading
Keeping land tax-free: PM said
Hun Sen, Cambodia’s Prime Minister and CPP deputy president, addressed his speech during the official opening of an irrigation system on Suturday in Pursat province by reiterating that the government vows not to take tax on farmers’ land and farmland in an effort to boost the agriculture sector. The premier said that foreign government and … Continue reading
Lenders faced with the repayment of microfinance loans
In the meeting, representatives and experts said that around 0.6 percent of borrowers from the Cambodia Microfinance Association (CMA) are unable to pay their loans. Although this represents a small percentage, late payments are on the rise. Bun Mony, director of MCA, was quoted by the Cambodia Daily as saying that “most of my borrowers … Continue reading
UN urges donors to increase aid in agriculture sector
It is because of the world economic slowdown which affected the garment industry and tourism sector in Cambodia, the United Nations asked international donors to increase farm aid in order to save Cambodian economy. The agriculture sector is playing important role in economic growth and poverty reduction. Speaking in an economic forum, Douglas Broderick, resident … Continue reading
Low interest rate and increase in loans are important to boost agriculture sector
Agriculture sector has expanded gradually thanks to productivity gains, reflecting an increase in the area under irrigation, the use of improved agricultural inputs and greater commercialization of farming. By the way, without financing, farmers cannot adjust to changing market conditions or capitalize on opportunities to commercialize their existing agriculture activities.