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Tag Archives: international trade
Ministers Approve Regulation for Contract Farming
The Council of Ministers has approved a subdecree that it says will help farmers find markets for their products and create a major role for the Ministry of Agriculture in contract farming, officials said Monday. The subdecree on contract farming, approved Friday by the council, aims to improve farming techniques and other aid to the agricultural sector. Continue reading
Association warns of $720m rice loan need
CAMBODIA’S Small and Medium Industries Association warned that domestic rice millers require US$720 million in loans this harvest season, or they risk being out-competed by foreign merchants. “We cannot compete with buyers from Thailand and Vietnam to buy grain if local rice mills can’t receive more capital from the government or private banks,” said the … Continue reading
Chinese investor interesting in rice exports and tourism industry in Cambodia
On Tuesday afternoon, China company, COFCO, had a meeting with Cambodian officials at the Council for the Development of Cambodia (CDC) and expressed its interests in doing investment in two sectors, exports of rice and hotel industry, in Cambodia. COFCO is the largest leading firm in the businesses of biofuel and biochemical production, oilseed processing, … Continue reading
Cambodia to export milled rice to Chinese market
Cambodia’s Prime Minister Hun Sen delivered a speech at a graduation ceremony at Phone Penh’s International Institute of Cambodia’s University of Technology that both Cambodian and Chinese government would sign a deal for rice export. The premier also said that the rice agreement would help cement Cambodia’s trading ties with the world’s second-largest economy. Chinese … Continue reading
Prices of dry rubber in Cambodia increase
While the price of dry rubbers spikes in global market, classified as grade 1 of 10 costing USD3,687.50 per tonne last week but Cambodia’s rubber companies missed out on the benefits from it because mostly Cambodia had exported exclusively to Vietnam. According to the Malaysian Rubber’s figure, the price of rubbers classified as grade 1 … Continue reading
Bilateral trade between Cambodia and Singapore rose 84 percent
Chan Nora Ministry of Commerce Secretary of State Ministry of Commerce said on Monday that the international trade between Cambodia and Singapore rose 84 percent in 2009, driven by exports of sand from Cambodia to Singapore and later the government imposed ban on sand dredging for export May last year. According to the figure from … Continue reading