Cambodia to Boost Rice Exports to the Philippines


PHNOM PENH: Cambodia and the Philippines on November 11, 2022 agreed to boost bilateral cooperation on rice exports.

The agreement was made during a bilateral meeting between Filipino President, Ferdinand Marcos Jr., and Prime Minister Hun Sen on Thursday, 10 November 2022, at the Sokha Hotel, Phnom Penh.

In addition to agreement in boosting the rice exports, the two parties also agreed to boost bilateral cooperation in trade, investment, tourism, agriculture, information technology, logistics, and national security.

The Cambodian government official said that during the meeting between Prime Minister Samdech Hun Sen and the Filipino President Ferdinand Marcos Jr., the Philippines would make a 100 percent investment in the rice mills, dryer machines and warehouses for rice processing, in order to export rice from Cambodia to the Philippines.

The official said that companies in the Philippines can connect with Cambodian farmers to harvest rice for exclusive export to the Philippines.


According to the report of Cambodia's Ministry of Commerce, Cambodia exported more than 500,000 tons of rice to international markets in the past ten months of 2022, earning over US $323 million.




//END//

Comments

Post a Comment

Popular posts from this blog

Laotian gets life for drug trafficking

Image
Buth Reaksmey Kongkea The Phnom Penh Municipal Court has sentenced a Laotian drug trafficker to life imprisonment after the 42-year-old was convicted of trafficking about 7 kilograms of crystal methamphetamine. Presiding Judge Sin Sovannroath said Houa Choua was from Champasak province’s Moeung Khong district, Laos.     “The Phnom Penh Municipal Court has decided to sentence the accused Houa Choua to a life sentence and a fine of 100 million riels,” Judge Sovannroath said in his judgment yesterday.   He said that the accused was charged with “drug possessing, transport and trafficking” under Article 40 of Cambodian Law on Drugs Control and with “money Laundering” under Articles 38 of the Law on Anti-Money Laundering and Financing.   Judge Sovannroath stated that Houa Choua was arrested by police at a guesthouse in Por Senchey district’s Kakab commune on October 16, 2022, night.  Houa Choua was detained after he had transported the drugs by car from the Cambodia-Lao border in
Read more

Sorn Elit, the Tallest Cambodian Taekwando Champion

BY BUTH REAKSMEY KONGKEA There are 18 Taekwondo fighters on the national team, according to Hem Samnang, Secretary General of the Cambodian Taekwondo Federation (CTF). He was speaking to The Southeast Asia Weekly on July 22. The Secretary General said that Sorn Elit, 22, is currently the best Taekwondo fighter in Cambodia. He has attended many competitions both at home and abroad and has achieved success in both fields. In 2008, he won the national heavyweight title in the Taekwondo championships. “I am very proud of Sorn Elit as he is the best fighter in Cambodia,” Samnang said. “I believe that he will continue to bring honor to the country, the sport and himself as he competes in still more competitions at home and in the international fighting arena. He is completely committed to his training schedule and is a credit to the sport.” The Secretary General said that to improve Elit’s skills, the CTF sent him to get Taekwondo training in South Korea over two weeks in 2007. The CTF plans
Read more

Chan Tra: Life of a Cambodian Traditional Tattoo Artist

BY BUTH REAKSMEY KONGKEA Among tattooists in Cambodia, Chan Tra, 46, is the only tattoo artist to retain the ability to ink a wide range of subjects in different styles. His modern counterparts are limited in their repertoire in comparison. His subjects include the human form, birds and abstract patterns. Chan Tra is now an expert in drawing Ankor Wat on the skin of foreign clients, thus turning them into walking, talking promotional materials for Cambodia’s tourist sector. Chan Tra was born in 1963 in Sihanouk province and has two sons and one daughter. He is an orphaned and a Survivor of the Khmer Rouge regime. He lost his entire family during the years of terror between 1975 and 1979. “I have loved drawing and painting ever since I was a child and practised my art every day before the arrival of the Pol Pot regime. Consequently, I like the art of tattooing and it makes a solid source of income to keep my wife and kids happy,” he told The Southeast Asia Weekly during a personal i
Read more