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In anticipation of spotlighting excellence in the agrarian sector, Cambodia is set to hold the inaugural Cashew Nutrition Competition in 2024, as confirmed by the Ministry of Agriculture, Forestry and Fisheries. The event, which is being organized by the Department of Agriculture and Industry, marks a significant milestone in the country’s agricultural domain, particularly for…
In the first quarter of this year, Cambodia witnessed a notable milestone in its agricultural sector, with the country exporting raw cashew nuts worth $543 million. This impressive figure represents a 13 percent year-on-year increase, signaling the country’s growing prominence in the international cashew market. The report, sourced from the Cashew Nut Association of Cambodia,…
Indonesia is actively seeking to broaden its trade relations with Cambodia, extending its focus beyond rice to include agricultural products. As the sixth largest trading partner with Cambodia, Indonesia sees rice trade as merely the beginning of a more expansive trade relationship. Indonesian Ambassador to Cambodia, Santo Darmosumarto, expressed this ambition during a public lecture…
In a strategic maneuver geared towards achieving financial equilibrium in its agrarian sectors, the 7th mandate of the Royal Government of Cambodia has allocated a remarkable $100 million. This reserved budget is primarily intended for critically needed interventions in agriculture to balance prices that frequently oscillate due to global market pressures. Prime Minister Hun Manet…
Did you know? Cambodia stands proudly as the world’s 10th largest rice producer, a clear indicator of the country’s rich soil and excellent climate for farming. This achievement highlights the nation’s potential not just for rice production but for agriculture as a whole. This notable position is more than just a number; it symbolizes Cambodia’s…
Farmers in Battambang province have seen a significant increase in the daily export of fresh mangoes to Thailand, reaching volumes of 150–200 tonnes. Heng Sith, a representative from the Battambang Provincial Department of Agriculture, confirmed these figures, noting that they come directly from officials at the export port who monitor these transactions closely. The Kamrieng…
The Royal Government of Cambodia (RGC), in partnership with the Food and Agriculture Organization of the United Nations (FAO), recently convened a national workshop aimed at devising a strategy to broaden the milled rice market. This initiative seeks to gather insights from various stakeholders to pinpoint and address challenges that hinder rice production capabilities. Cham…
Haoruidar (Cambodia) Co Ltd is poised to channel over $12 million into constructing a fruit processing facility in Preah Sihanouk province, targeting international markets while engaging directly with local farmers for fruit supplies. This initiative, as revealed by Long Dimanche, the deputy governor of Preah Sihanouk, has received the government’s nod and is set to…
The Council for the Development of Cambodia (CDC) alongside the Vietnam-Cambodia Business Association (VCBA) recently engaged in pivotal discussions aimed at enhancing collaborative efforts to spotlight and elevate the agricultural sector within Cambodia, specifically focusing on the rice and rubber industries, to Vietnamese investors. The overarching goal is to draw in increased investments to nurture…
In the initial two months of 2024, Cambodia reported a revenue of $65.4 million from exporting 90,153 tonnes of milled rice. This represents a 7.2 percent decrease in volume and a 9.9 percent drop in earnings compared to the 97,153 tonnes sold during the same timeframe in the previous year, as per the Cambodia Rice…
In a recent meeting held in Melbourne, Cambodia has extended an invitation to the Australian business and investment community, urging them to amplify their involvement in sectors recognized for their high value-addition potential. These sectors, including agriculture and agro-processing, logistics, e-commerce, and digital technology, are identified as critical for the economic advancement of Cambodia as…
In a significant development on March 4, 2024, Paul Serra, CEO of Australia’s SunRice Group, met with Cambodian Prime Minister Hun Manet to discuss the company’s proposal to launch a rice processing facility in Cambodia aimed at exporting to international markets. During the meeting, Serra highlighted SunRice Group’s distinction as the inaugural Australian entity to…
An increasing number of financial entities, including Wing Bank, AMK Microfinance, and Boost Capital, are channeling their efforts into agri-tech, recognizing the pivotal role of technology in advancing the agricultural sector. These institutions are leveraging digital solutions to streamline processes and enhance the efficiency of agricultural operations. AMK Microfinance has recently taken a significant step…
