Logo of Phnom Penh Post newspaper Phnom Penh Post - Agro report reveals drop in state fisheries revenue

Agro report reveals drop in state fisheries revenue

A man casts a net into the Mekong River from the back of a fishing boat near Phnom Penh’s Koh Pich island last year.
A man casts a net into the Mekong River from the back of a fishing boat near Phnom Penh’s Koh Pich island last year. Heng Chivoan

Agro report reveals drop in state fisheries revenue

A report issued by the Ministry of Agriculture for the first nine months of this year showed a dramatic decline in government revenue from the fisheries sector, while providing incomplete information on revenue from other agricultural sectors.

The report, issued earlier this month and published in local media yesterday, covers all agricultural sectors under the ministry’s watch.

According to the data, total fishery revenue collection fell by 44 percent to $396,000 between January and September, compared to last year’s nine-month haul of over $700,000. The government had only collected 53 percent of its annual target during the period, it added.

The report also showed that the government collected over $3 million in revenue from the forestry sector so far this year, though without providing 2015 data for comparison. An additional public service fee generated $1.1 million, for a total of $4.1 million.

Exports of rice, the Kingdom’s dominant cash crop, declined by 2.1 percent during the first nine months of the year, compared to the same period a year earlier, with total exports registered this year at 362,000 tonnes. The main buyers of Cambodian rice were China, France and Poland.

MOST VIEWED

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Kingdom accepts Chinese vaccine, PM first to get jab

    Prime Minister Hun Sen said China would offer Cambodia an immediate donation of one million doses of the Covid-19 vaccine produced by the Sinopharm company. In an audio message addressing the public on the night of January 15, he said Cambodia has accepted the offer and

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • Hun Sen: Lakes filled in for national developments

    Prime Minister Hun Sen has announced continued operations to fill some lakes in Phnom Penh to create land for developments, though he is against the unrelated practice of damming rivers or blocking waterways. Speaking at the inauguration of the Ministry of Public Works and Transport

  • Koh Preus upgrades 70% complete

    Initial construction of a nearly $30 million tourism infrastructure project on Preah Sihanouk province’s Koh Preus Island is “about 70 per cent complete”, according to an official with the developer. Heng Thou, construction site manager of Angela Real Estate Co Ltd (ARE), told The Post that

  • Local media loses a giant, and The Post a great friend

    Cheang Sokha, a gifted and streetwise reporter who rose to the highest ranks of Cambodian media and was beloved for his sharp intelligence, world-class humour and endless generosity, died on Friday in his hometown of Phnom Penh. He was 42. His wife, Sok Sophorn, said he