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 ...
Logistics wary of supervision
E-commerce logistics providers and operators have urged the government not to regulate price control on delivery charges for online shopping, saying that the logistics service industry is competitive. The move comes after the government last week added delivery charges for online shopping and counter services ...
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 ...
Rakhine commerce minister sees bright future for black bean exports
The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit Transport Project. The Kaladan project will connect Mizoram in India to Sittwe, the capital of Rakhine ...
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 ...
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 ...
Government holds off on paddy purchases
The Ministry of Commerce is suspending plans for a paddy purchase program due to a recovery in market prices, according to ministry spokesperson U Khin Maung Lwin. U Khin Maung Lwin told The Myanmar Times in the first week of December that the ministry had approval ...
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 ...
Export licenses for Vietnam
The Ministry of Commerce is calling for producers and exporters who have been dealing in dried tobacco leaves and milled rice to apply for licenses to export to Vietnam. Vietnam agreed to waive all duties on 300,000 tons of rice and 3,000 tons of dried tobacco ...
