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Cambodia > Commodity

Cambodia’s Camcashew signs MoU to export nuts to South Korea

07/12/2017 08:18 | 0 comments

Local agricultural firm Camcashew signed a memorandum of understanding (MoU) with an obscure South Korean company yesterday with the aim of exporting 10,000 tonnes of processed cashew nuts next year, claiming that the two firms had reserved $100 million to fund the agreement.

Cambodia > Commodity

Vietnam to scoop up more Cambodian cashews

04/12/2017 08:02 | 0 comments

Vietnam, a major buyer of the Cambodian cashew nut, has unveiled a plan to purchase cashews in even greater volumes during next year’s harvest season, giving hope to farmers who rely on selling their crops at good prices from February through May.

Cambodia > Commodity

Dragon fruit haul to take flight

17/11/2017 07:48 | 0 comments

Hoang Anh Gia Lai (HAGL), a Vietnamese conglomerate that operates in property, mining, commercial agriculture and hydropower, will make its second official export of dragon fruit next week from its plantations in Ratanakkiri province, a company representative said.

Cambodia > Commodity

Bangladesh rice deal shelved

13/11/2017 09:34 | 0 comments

Cambodia has failed to finalise the terms of a massive 250,000-tonne delivery of rice to Bangladesh, with industry insiders claiming that shipments have been cancelled as millers do not currently have the stockpiles to meet export demand while hopes for further negotiations appear to be dwindling.

Cambodia > Commodity

Battambang facility soon to start drying rice

10/11/2017 07:32 | 0 comments

A massive centralised rice drying facility in Battambang province being developed by Thaneakea Srov (Kampuchea) Plc will soon be operational, while its adjacent rice storage operations are on track to be completed early next year, the CEO of the company said yesterday.

Cambodia > Commodity

Cambodia beaten by Thailand in heated annual rice contest

09/11/2017 07:44 | 0 comments

For the third year in a row Cambodia has failed to take the top spot in the World’s Best Rice contest, instead earning second place after Thailand.

Cambodia > Commodity

Apple’s iPhone X to launch November 24 in Kingdom

09/11/2017 07:42 | 0 comments

US tech giant Apple announced yesterday that the new iPhone X will officially hit Cambodian shelves on November 24, giving grey market importers in the Kingdom nearly a month of a head start to sell the latest model that was released in 50 major countries last week.

Cambodia > Commodity

Cambodia beer signs ad deal with Man City FC

01/11/2017 07:42 | 0 comments

The logo for Cambodia Beer will now scroll across advertising boards for matches played by Manchester City FC after the brewery behind the local beverage giant signed a commercial deal with one of the England’s top Premier League football clubs.

Cambodia > Commodity

Millers start to make use of $50M emergency rice fund

25/10/2017 08:09 | 0 comments

The government has already provided $9 million from its emergency rice loan fund to the Kingdom’s rice millers since the harvest season began in September, nearly triple the amount it provided when it first launched the initiative last year when millers showed little appetite for state financing.

Cambodia > Commodity

Rice firms sign with RDB for Kampong Thom mill

24/10/2017 08:29 | 0 comments

Local rice milling and export companies Khmer Foods Group (Co) Ltd and Amru Rice Cambodia (Co) Ltd signed an agreement with the Rural Development Bank (RDB) on Friday of last week to solidify plans for the completion of the anticipated rice storage warehouses and rice drying facilities in Kampong Thom, Prey Veng and Takeo provinces by January of next year.

 
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