Authorities hopeful of rebounding rubber price this year
Luang Namtha provincial authorities are hoping an increase in the world price of rubber will boost exports to China and local farmers’ incomes. The end of rubber tapping season October-November last year saw the price reach 8,000-9,000 kip a kg for raw rubber and this ...
VN's export ratio of farm produce in decline
Vietnam’s total export turnover has been growing at an annual rate of 12.8% but outbound shipments of agricultural products have faced numerous difficulties and their annual export growth was recorded at a mere 2.4% in the 2012-2016 period. The export ratio of agricultural products, as a ...
Government plugs rubber switch
The government is seeking intrepid smallholder farmers to pilot a project that would transform 6,000 hectares of cropland in two provinces into a patchwork of small rubber plantations. The Ministry of Agriculture is eyeing 5,000 hectares of land in Ratanakkiri and 1,000 hectares in Battambang ...
Wa State suffers as fewer Chinese come to party
In a remote casino in northeastern Burma, China’s pervasive campaign against graft has taken its toll. Hundreds of local traders and farmers place petty bets as low as 10 cents, outnumbering a few Chinese who were once the VIPs of a gambling hall decorated with ...
Rubber exports stable
While international rubber prices rebounded late last year, Cambodia’s exports in 2016, however, remained relatively unchanged compared with 2015, according to the Ministry of Agriculture, Forestry and Fisheries. The ministry’s figures indicate that Cambodia exported 128,111 metric tons of rubber in 2016, with a marginal increase ...
Firmer prospects as rubber rebounds
Cambodia’s beleaguered rubber industry looks set for a turnaround as international rubber prices continue their strong rebound. Local traders and industry officials said on January 12 they were optimistic that rubber prices, which doubled during the course of 2016, would continue to rise as the ...
Luang Namtha targeting rubber for poverty reduction
Luang Namtha provincial authorities are allowing some poor families to grow rubber trees on their small allotments to discourage illegal plantings in forest conservation areas. An official from the provincial Planning and Investment Department, Mrs Phommy Somboun, told Vientiane Times on January 5 the policy was ...
Rubber price rebound prompts some farmers to restart production
Myanmar rubber farmers and producers battered by months of low prices are enjoying some respite following a recovery in global markets last year. With weak local demand Myanmar’s rubber industry is at the mercy of world markets, and low prices throughout 2015 and much of ...
Rubber industry expects export recovery this year
Rubber exports are expected to reach 1.2-1.25 million tonnes of this year, a year-on-year increase of 5.5-10 per cent, according to the Việt Nam Rubber Association. Speaking at a press conference to introduce the fifth International Exhibition on Rubber Industry and Tyre Manufacturing in HCM ...
Government optimistic on exports
The government remains positive that exports will stay flat or eke out marginal growth this year despite an unexpected drop in October after two months of gains. The Commerce Ministry on November 28 said exports fell by 4.2% year-on-year in October to UScopy7.78 billion after growth ...