News
Cambodia’s salt yield to fall
Salt production in Kampot and Kep provinces will be down this year due to unseasonal rain during the harvest season and a lack of laborers to farm the salt, according to the Salt Association of Kampot and Kep. Bun Baraing, co-executive director of the salt association, ...
All state rice stocks to be disposed of this year
Prime Minister Prayut Chan-o-cha wants all existing state rice stocks to be disposed of within this year. Wiboonlasana Ruamraksa, permanent secretary for commerce, said Gen Prayut, who chaired the national rice policy committee’s meeting on January 9, has ordered officials handling state rice sales to ...
Apparel factory closures debated
Questions have been raised about the health of Cambodia’s $6 billion garment sector after local media reported that over 140 garment factories shut down operations last year. Ministry of Labour spokesman Heng Sour, the source of the figure cited in local media, stood by the ...
Prahok makers complain of high prices in capital
Every year, traders and farmers travel from the provinces to Phnom Penh’s Russey Keo district to buy fish to produce prahok paste, but with this year’s prahok season ramping up, high prices have pushed many of them to camp in tents along the riverbank, waiting ...
Kampot pepper pact keeping prices stable
Kampot pepper prices are set to remain stable for another year as part of an agreement between local producers that caps prices through the end of 2017, a representative of the pepper association said on January 8. Ngoun Lay, president of the Kampot Pepper Promotion ...
Decline in transfers linked to rice prices
International fund transfers to Cambodia through Acleda Bank, which claims to handle a quarter of all inbound fund transfers to the country, decreased slightly last year as a result of lower rice prices, a bank executive said on January 8. In Channy, president and group ...
Kingdom preps for China trade center
Cambodia plans to open a trade center in China this year and the Commerce Ministry is hoping the initiative broadens economic relations and cultural exchange. Soeng Sophary, spokeswoman for the Commerce Ministry, told Khmer Times that a group of delegates from the ministry are currently in ...
Cambodia’s rice exports fall sharply
Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released on January 5. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports ...
Sugar and pepper get protection
Geographical indication status for Kampot pepper and Kampong Speu palm sugar has been accepted in Vietnam. The agreement gives legal protection to both products and stops unscrupulous traders in Vietnam passing off local produce as Cambodian. The deal was reached last Wednesday after negotiations involving the ...
S’ville airport’s passenger subsidy scheme renewed
A marketing initiative rolled out last year that provides monetary incentives to airlines that use Sihanoukville’s airport for international flights has been credited in part with encouraging airlines to open new routes and increasing the amount of passenger traffic to the coastal airport. Last January, ...