Cambodia reports bird flu outbreak

The first outbreak of H5N1 highly pathogenic avian influenza (HPAI) this year has been reported in the north-west of the country.

The veterinary authority sent an Immediate Notification dated 1 August to the World Organisation for Animal Health (OIE).

The report describes a single outbreak of HPAI at Doun Moul in the region of Banteay Meanchey in the north-west of Cambodia. The outbreak started on 21 July and affected a backyard flock of 580 ducks and chickens. Of these, 100 died and the rest have been destroyed.

The presence of the H5N1 sub-type of the HPAI virus has been confirmed.

The last outbreak of HPAI in the country was in October last year.

Source: The Poultry site

Advertisements

Microfinance up on agriculture advance

The Kingdom’s growing agricultural sector is leading to more loans and deposits at microfinance institutions.

The small-scale lenders also credit the boost in Cambodia’s agro-industry for declining non-performing loans rates.

“We see that political stability and our economy are offering a strong climate for opening businesses or enlarging the businesses, leading to more demand for loans,” said Sathapana Microfinance Chief Executive Officer Bun Mony. “We don’t have any major challenges, as our performance has improved after being hard hit by the crisis.”

The MFI’s lending totalled $51 million to 4,900 borrowers at the end of June, whiles its NPL rate declined to 0.7 percent from 0.9 percent at the end of December 2010. Read more of this post

Pig farmers in UK paid less than in Cambodia

British pig producers earn less than farmers in Cambodia, it has emerged.

The farm-gate price for pigs in Cambodia is equivalent to £2.47/kg, according to Yorkshirebreeding company ACMC, which is doingbusiness in the country.

This compares with a UK pig price of just £1.51/kg. Read more of this post

Meat price rise

Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department.

Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically produced animals.

“We started to see price increases back in September last year,” Central Market pork vendor Nary Chey said yesterday.

“I used to pay 17,000 riel (US$4.14) per kg [for my supply], but currently I pay 22,000 riel. It’s harder to sell because of the increases; I only sell 40 kilogrammes each day now, when before I sold 70 kilogrammes.”  Read more of this post

Cambodia begins to attract money

Cambodia, once regarded as a spill-over investment from Vietnam, is showing signs of standing on its own feet as frontier funds start to produce strong returns.

Frontier investors such as Leopard Capital – a private equity fund which launched a potential $100m Cambodia-focused fund in 2008 only to close with $34m – is now finding renewed interest in the country, holding the door open as other regional funds begin to sense an opportunity.

Vietnam’s largest asset manager, Vinacapital Investment Management, in January announced it would be expanding into Cambodia with a pledge to invest $100m, launching a dedicated fund targeting real estate, infrastructure, hospitality and agriculture investments. Read more of this post

Pig production priority

Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry,  insiders say.

The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, but experts say Cambodia is dependant on Thai pig imports to meet domestic demand. Read more of this post

Cambodia bans imports of chicken products from Thailand

Cambodia’s ministry of commerce on Tuesday prohibited imports of chicken products from Thailand.

“The ministry of commerce instructs all levels of authorities along the border between Cambodia and Thailand to prevent all imports of chicken products from Thailand even though the products have had phyto-sanitary certificate in order to protect our people health,” said a directive signed by the minister of commerce Cham Prasidh. “The ban will take effect from the signing date until there is new directive.” Read more of this post

Update : New document on Agro Cambodia

Dear readers,

AgroCambodia informs you that new documents have been uploaded to the “Newsletter/Documents” and “Cambodia Background” pages:

Thank you for following Agro Cambodia website

Risks, Rewards as Economic Corridor develops

Cambodia is building up its rural infrastructure in an effort to link itself to its neighbors, under an “economic corridor” project aided by the Asian Development Bank.

Proponents of the southern economic corridor, part of the Greater Mekong Subregion project, say it will bring benefits to villagers like those in Kampong Thom district’s Sambo Prey Kuk temple, in Prasat Sambo district. Read more of this post

Update : New document on Agro Cambodia

Dear readers,

AgroCambodia informs you that new documents have been uploaded to the “Newsletter/Documents” page:

FAO-Agriculture Outlook 2011-2020

Thank you for following Agro Cambodia website