Battambang districts facing drought

More than 1,000 families across four districts of Battambang face the prospect of losing their rice crop this year if rain does not arrive by the end of next week, the director of the province’s department of agriculture said yesterday.

“If the rain does not arrive within one week, rice crops will be destroyed in areas of four districts,” Cheam Chansophorn said.

About 10,000 hectares of rice fields are threatened so far, he said. The four districts already facing severe drought in some communes are Kors Kralor, Moung Russei, Thma Koul and Rokak Tivea.  Read more of this post

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Cambodia’s fish exports decline 33% in first 6 months

Cambodia recorded 33 % decline in fish exports in the first half of this year, compared with the same period a year ago, showed the figure from the Fisheries Administration on Tuesday. 

From January to June this year, the country has exported 16,000 tons of fresh and processed fish with an estimated revenues of 45 million U.S. dollars, 33% decrease from 24,000 tons with the total cost of 67 million U.S. dollars at the same period last year.  Read more of this post

Malaysia is third largest investor in Cambodia

Malaysia has become the third largest investor in Cambodia with its investments in the country amounting to US$3.4 billion from 1980.

Malaysian Ambassador to Cambodia, Datuk Pengiran Mohd Hussein Datuk Pengiran Mohd Tahir Nasruddin said Malaysia’a third placing comes after China and Korea.

The investment opportunities for Malaysia are still plenty especially in the agriculture sector considering the availability of large areas of land which are yet to be developed in the country, he said.

“Malaysian companies with potential can invest in the country’s main agriculture sector involving rubber, oil palm and corn,” he told Bernama at his office here after briefing a delegation of 20 students and staff from Universiti Malaysia Kelantan (UMK) currently on an academic visit to the country. Read more of this post

Sihanoukville port expansion

 The port aims to begin construction on its 85 million USD expansion later this year, with a tentative completion date of 2014, said Chairman and CEO Lou Kim Chhun last week.

The state-owned enterprise has just approved a deal with Japanese engineering consultancy company Nippon Koei Co, he added.

Chinese firm seeks rice from Cambodia

Chinese agricultural company Sino Grain was in Phnom Penh this week, researching the possibility of importing Cambodian milled rice, according to a ministry statement.

Minister of Commerce Cham Prasidh hosted the company’s director general, Xu Ge Fei, and other Sino Grain delegates yesterday, the ministry said.

“With a population of 100 million, Guangdong requires 1 million tonnes of milled rice per month. So food demand is very high, and requires importing for supply and stock,” Xu Ge Fei was quoted as saying in the statement. Read more of this post

Vietnam Rubber Group helps Cambodian workers

The Vietnam Rubber Group’s (VRG) investment projects in Cambodia have helped improve living condition for local people, said Nguon Nhel, First Vice-President of the Cambodian National Assembly (NA). Read more of this post

Shipments increase at Sihanoukville Port

FREIGHT shipments through Sihanoukville Autonomous Port saw year-on-year growth of more than 14 percent in the second quarter of the year, according to official SAP figures. 

The total number of twenty-foot equivalent units that passed through the port rose 112,594 in the first six months, up 8.6 percent from 103,624 TEUs compared with the same period last year, SAP said.

The port saw large increases in the shipment of goods such as garment products, rice, coal, vehicles and machinery and construction materials between January and June, Read more of this post

ADB helps $4 million to boost biomass use in Greater Mekong Subregion

The Asian Development Bank (ADB) is to help the Greater Mekong Subregion (GMS) scale up the use of biomass waste in the agriculture sector to meet its growing need for clean energy and food security for poor rural households, the media release from ADB said on Monday.

The ADB Board of Directors has approved a regional technical assistance project that will be funded by a $4 million grant from the Nordic Development Fund along with counterpart financing of $600,000 from the governments of Cambodia, Lao People’s Democratic Republic and Viet Nam. Read more of this post

Despite some efforts, forests continue to decrease

Cambodia’s woodlands are seeing continued deforestation, despite a plan by the government to curb illegal logging, environmental groups say.

Authorities say they have a plan to protect the forest, but non-governmental groups say the problem persists, including through an increase in land concessions, and massive illegal logging by the military.

Cambodia has an official strategy to protect the forests over the next 18 years, including land management practices and tighter governmental controls over still exiting forests. Experts say as little as 30 percent of the country’s forest cover remains, while logging continues to be a problem. Read more of this post

Exports of rice quadruple compared to 2010

Cambodia’s rice export volumes quadrupled in the first half of the year compared to the period 2010, according to statistics from the Ministry of Commerce’s Camcontrol Department.

High domestic average yields, rising international prices, and increased international recognition has led to the growth, Camcontrol statistics office Director Khoun Savuth said yesterday. Read more of this post