Logo of Phnom Penh Post newspaper Phnom Penh Post - Confidence in rice sector amid floods

Confidence in rice sector amid floods

Confidence in rice sector amid floods

Insiders from the Kingdom’s rice industry are not worried about this season’s flooding despite the harm rising waters have done to crops in some areas of the country.

Cambodia Rice Federation (CRF) vice-president Hun Lak said it is collecting data on the impact the floods have had on the industry.

He said despite the damage water has done in some places, other areas are already parched.

“We are still following up and keeping track of the data. Reports so far show the impact of flooding at paddy fields will not hit our export quotas,” he said.

Reports from the National Committee for Disaster Management last week said there were 3,400 hectares of paddy fields that were totally destroyed by floods, while another 28,542 hectares faced flooding issues.

Song Saran, CEO of Amru Rice Co Ltd, said everything was going well with harvests at the firm, with more than 40 per cent of its paddy stock full.

However, he said if flooding got worse, there could be reasons for concern.

“This is the season for harvesting fragrant rice. Currently, floods are not impacting our paddy fields, but if they continue, it will be a concern.”

A Ministry of Agriculture report showed rice exports in the first six months of this year totalled 271,537 tonnes – a 5.9 per cent decrease from the 288,562 tonnes exported in the same period last year.

Cambodia signed a 200,000-tonne export quota with China last year. That number will be bumped up to 300,000 tonnes this year.

The Ministry of Agriculture’s director-general of the general directorate of agriculture, Hean Vanhan, said the damage is still minimal and would not bring down the industry.

He said that millers should begin preparing finances in order to buy paddy from rice farmers.

MOST VIEWED

  • PM to vet NY holiday dates

    The Ministry of Economy and Finance submitted a letter to Prime Minister Hun Sen asking him to formally set a five-day national holiday from August 17-21 to make up for the Khmer New Year holiday in April that was postponed. Finance minister Aun Pornmoniroth sent

  • Cambodia rejects UN rights claim

    Cambodia's Permanent Mission to the UN Office in Geneva on Friday hit back at David Kaye, the UN special rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression after he raised concerns over the repression of free speech and

  • Snaring may spawn diseases

    The World Wildlife Fund (WWF) has warned that snaring of animals has become a crisis that poses a serious risk to wildlife in Southeast Asia and could spawn the transmission of zoonotic diseases to humans. Its July 9 report entitled Silence of the Snares: Southeast Asia’

  • Ex-party leader, gov’t critic named as secretary of state

    A former political party leader known for being critical of the government has been appointed secretary of state at the Ministry of Rural Development, a royal decree dated July 9 said. Sourn Serey Ratha, the former president of the Khmer Power Party (KPP), told The Post

  • Residence cards set for over 80,000 immigrants

    The Ministry of Interior plans to grant residence cards to more than 80,000 immigrants to better keep track of them. The ministry announced the plan on July 10, following the results of an immigration census. “An inter-ministerial committee and many operational working groups have been set up

  • Kingdom produces PPE gear

    Medical supplies from Cambodia have been donated to member countries of the Asian Development Bank (ADB) to assist in the fight against Covid-19, said an ADB report published on July 9. The report stated that the supplies were donated as a response to global efforts to

  • Kingdom, US vow stronger ties

    At an academic forum on Saturday to celebrate 70 years of Cambodia-US diplomatic ties, Cambodian researchers and officials expressed hope of encouraging US investments and for that country to deepen and improve its bilateral relations. Held at the Royal Academy of Cambodia, it reviewed the past 70

  • Fifteen Cambodians from Saudi get Covid-19

    The Ministry of Health on Sunday confirmed 15 more imported cases of Covid. The 15 men ‒ all Cambodian aged 21 to 33 ‒ arrived from Saudi Arabia on Friday via a connecting flight in Malaysia. They were travelling with 79 other passengers, three of them women. The ministry said 80 of the

  • Ministry requests school opening

    The Ministry of Education, Youth and Sport on Thursday said it would request a decision from Prime Minister Hun Sen to allow a small number of schools to reopen next month. Ministry spokesman Ros Soveacha said if the request is granted, higher-standard schools will reopen

  • Kingdom eyes India FTA, China deal set for August

    Cambodia is studying the possibility of establishing a bilateral free trade agreement (FTA) with India to open a new market with the second-largest regional economy. This comes as an FTA with China is scheduled to be signed next month while similar negotiations with South Korea