Cambodia has exported 147,760 tonnes of fresh yellow bananas to the international market this year as of Wednesday, soaring a whopping 150 per cent over the same time last year, Minister of Agriculture, Forestry and Fisheries Veng Sakhon said on Thursday.
The US is deciding whether to remove rice from its Generalised System of Preferences (GSP) programme as growth in imports is affecting US farmers.
Crop-friendly weather is set to underpin growth in Cambodia’s output of crude palm oil beyond prior estimates, industry insiders have said.
Cambodia exported 97,175 tonnes of natural rubber in the first five months of this year, surging 17 per cent compared to the same period last year as the Covid-19 pandemic stretches on, Ministry of Agriculture, Forestry and Fisheries official Khuong Phalla told The Post on Thursday.
The Cambodia Rice Federation (CRF) has asked the state-owned Agricultural and Rural Development Bank (ARDB) to extend its loan repayment period to 12 months to help rice millers buy paddy.
Cambodia's milled-rice exports gained 32.51 per cent to 410,563 tonnes in the first half of this year from the 310,366 tonnes shipped in the same period last year.
With the Covid-19 pandemic cutting into the global vehicle and parts manufacturing industry and transforming Cambodians’ spending habits, imports have seen a sharp decline this year.
Santana Agro Products Co Ltd, a cashew nut growing and processing company, plans to ship 200 tonnes of organic nuts by the end of the year, making its export debut into the US and European markets.
The Chinese investment company and mango exporter Cam MJ Agricultural Park Co Ltd is installing a packaging machine and industrial steaming equipment for pest control at its newest facility in Kampong Speu province.
Cambodia could export between 800,000 and one million tonnes of milled rice this year, buoyed by sustained demand stemming from Covid-19 uncertainty, Ministry of Agriculture, Forestry and Fisheries senior official Ngin Chhay said on Wednesday.