Our correspondent in Siem Reap reports: There is a growing drought in Cambodia and the price of all foodstuffs including rice is creeping up. Also Vietnam has been buying Cambodian rice in force and this seems to have also pushed up the prices.
Our correspondent in Siem Reap reports: There is a growing drought in Cambodia and the price of all foodstuffs including rice is creeping up. Also Vietnam has been buying Cambodian rice in force and this seems to have also pushed up the prices.
Prices of Cambodian rice went up after Cambodian Millers Association began exporting Cambodian rice to Europe, reports Radio Free Asia. Mr. Soy Sopheap, representative of the Golden Rice Association, said high grade Cambodian rice such as Malis rice, Neang Minh and Rumduol rice, currently sell at $320 per ton can be fetched at $500...
By Van Nguyen and Luzi Ann Javier Nov. 30 (Bloomberg) — Rice prices may climb about 50 percent next year as demand surges, according to a food official in Vietnam, the world’s second-biggest exporter. Import demand is increasing after typhoons and drought damaged crops in the Philippines and India, said Truong Thanh Phong, chairman...
The European Union began a deal this month to allow Cambodian rice to be imported duty-free, but many challenges remain before Cambodia can be a powerhouse rice producer. The deal would open a market of 500 million people from 27 countries and “provide a price incentive for European importers to import the product from...
Introduction The UN Country Team in Cambodia supports a cohesive national response to the challenge of rising food prices in collaboration with development partners, and aligned to priorities of government. In line with global efforts the UN is taking action to respond to the immediate, medium and longer term challenges of the crisis. This...
Cambodia reached an agreement on Tuesday with Brunei Darussalam to export 1,500 tonnes of prime-grade milled rice, an official confirmed Wednesday. According to the spokesman for the Council of Ministers, Phay Siphan, the deal was struck between Brunei Ambassador Pengiran Haji Ismail and Deputy Prime Minister Sok An, but declined to provide details of...
Rice is more than a staple of the Cambodian diet. It also implicates land rights, trade and international relations. A post on The Mirror reveals the frustration of Cambodians, including Cheam Yeap, a Cambodian People’s Party official, over land leases to neighboring Vietnam. From the Mirror, citing Cheat Khmer, Vol.1, #40, 18.3.2009: Thousands of...
PHNOM PENH, Feb. 2 (Xinhua) — Cambodia may see a 10-fold increase in private sector milled rice exports this year, up to 200,000 tons from 20,000 tons in 2008, due to greater milling capacity and emergence of new markets, national media said on Monday. The rise would come despite higher government stock requirement, English-language...
Whilst many nations are facing food shortage, Cambodia is enjoying record yields of rice. In the 1960’s the nation was one of the world’s key rice exporters but the civil war decimated rice production forcing Cambodia to import much of its food supply. But the food bowl has bounced back in the last two...