Logo of Phnom Penh Post newspaper Phnom Penh Post - CRF hails fee reduction on rice container scans

CRF hails fee reduction on rice container scans

CRF hails fee reduction on rice container scans

Reduced government fees on mandatory scanning of rice container shipments, which went into effect this week, will shave a few dollars off each shipment, helping rice producers lower costs in a highly competitive international market.

Moul Sarith, secretary-general of the Cambodian Rice Federation (CRF), said yesterday that the Ministry of Economy and Finance agreed to slash the costs on container scans at ports by 50 percent in response to a CRF request to reduce costs for rice exporters.

Under the new scheme, the ministry has reduced the fee on scans of containerised rice shipments from $32 to $16 for 40-foot containers, and down from $20 to $10 for containers under 40 feet. The new prices were rolled out on Tuesday and will stay in effect until the end of 2018.

“This is a helpful policy for the rice industry as we are facing high costs when exporting,” said Sarith.

“We still hope that the ministry will continue to consider reducing other payments related to costs of production in order to promote rice exports and keep the industry afloat.”

MOST VIEWED

  • Cambodia unveils new quarantine regulations

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Cambodia sets new Covid-19 quarantine rules

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Hun Sen: Cambodia set to fully reopen

    Prime Minister Hun Sen concludes that the October 5-7 Pchum Ben public holiday, during which many people either flocked to their hometowns for family reunion or gathered at tourist attractions across the country, has not caused an outbreak of Covid-19. In a special address to

  • Will Evergrande change the way Chinese developers do business in Cambodia?

    China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’

  • Cambodia resumes issuance of tourist visas

    The Ministry of Foreign Affairs and International Cooperation has announced the resumption of its tourist visa and visa exemption programme after a long hiatus due to the Covid-19 pandemic. In a letter dated October 20 and addressed to foreign embassies and consulates, foreign minister Prak Sokhonn

  • Cambodia voted ‘world’s friendliest country’ in Rough Guides reader poll

    Cambodia ranked number one among the “World’s Friendliest Countries”, according to a reader poll conducted by London-based international website “Rough Guides”. Taking submissions through Twitter and Facebook, “Rough Guides”, a well-known travel agency and publisher of guidebooks, said the Kingdom “was by far the