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Cambodia > Commodity

Shaky outlook for black pepper

21/06/2017 08:53 | 0 comments

The rapid expansion of pepper cultivation in Cambodia coincides with the spice’s plummeting world prices, creating concerns that the glut of pepper ripening on vines across the Kingdom could further erode next season’s market prices and push the sector toward a collapse.

Cambodia > Commodity

Mercedes, grey market face off

19/06/2017 10:36 | 0 comments

Few automotive brands carry as much iconic imagery as Mercedes-Benz, the high-end German luxury car brand. The Post’s Cheng Sokhorng sat down with James Zemke, director general of Star Auto (Cambodia) Co Ltd, the Kingdom’s sole licensed dealer of Mercedes, to discuss the brand’s vehicle sales and struggles against grey market imports.

Cambodia > Commodity

Patience a virtue for coconuts

07/06/2017 09:01 | 0 comments

The Kingdom’s nascent coconut oil industry is facing a shortage of raw materials as local farmers look to make a quick profit by selling young coconuts to drink vendors rather than letting them mature and sell them to health care and cosmetics producers.

Cambodia > Commodity

PM: China raises rice quota

19/05/2017 08:18 | 0 comments

China has agreed to increase its import quota for Cambodian rice to 300,000 tonnes by next year, Prime Minister Hun Sen announced yesterday following his return from Beijing where he attended the Belt and Road initiative summit.

Cambodia > Commodity

Rice federation sticks to its fees

10/05/2017 08:43 | 0 comments

The head of the Cambodia Rice Federation (CRF) rebuffed members’ complaints yesterday about annual dues and export fees, stating that the fees were “not negotiable” and companies were free to leave the industry body if they wished.

Cambodia > Commodity

Cambodian farmers cash in on high cashew prices

04/05/2017 08:46 | 0 comments

International commodity prices for cashew nuts are rapidly increasing due to lower supply from Cambodia and Vietnam which is driving up profits for the Kingdom’s farmers, according to industry stakeholders.

Cambodia > Commodity

Rice millers balk at export fees

03/05/2017 11:12 | 0 comments

Numerous members of the Cambodia Rice Federation (CRF), the body tasked with lobbying on the sectors behalf, have stopped paying membership dues and export fees, claiming that they cannot afford to as the industry continues to struggle with high production costs and regional export competition.

Cambodia > Commodity

Rice bank project awards contracts

25/04/2017 14:08 | 0 comments

Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts yesterday with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province.

Cambodia > Commodity

Rice exports show slow growth

19/04/2017 07:47 | 0 comments

Cambodian rice exports declined dramatically in March, causing the average export growth of the Kingdom’s dominant cash crop to increase by only 3 percent during the first quarter of this year, nearly wiping out the double-digit growth seen in January and February.

Cambodia > Commodity

Millers push for China access

05/04/2017 10:51 | 0 comments

Amid concerns that the European Union could reject shipments of Cambodian rice, exporters are pushing for more access to China as an alternative market for the Kingdom’s principal agricultural commodity.

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