Logo of Phnom Penh Post newspaper Phnom Penh Post - Silk board looks to revive flagging sector

Silk board looks to revive flagging sector

Silk board looks to revive flagging sector

The recently established National Silk Board is looking to tighten regulations and boost investor confidence in Cambodia’s silk industry, as well as create a policy for silk promotion in the future.

The board, created by the Ministry of Commerce in March, is currently collecting data and information from industry stakeholders to create a clear overview of the sector, which has so far been functioning independent of a central body, said Mao Thora, the president of the National Silk Board (NSB).

“We are now discussing the direction of the sector, and the first thing we will do is collect data on the development of silk and list the responsibility of those involved,” Thora explained.

“Forming an association for golden silk producers is what we are looking at. We will also introduce them to contract farming so production can take off,” he added.

The work to revive the silk sector will be done step by step and according to the national budget available for NSB, Thora said.

According to industry representatives, the new body will need to do a lot of work to revive the sector, which has been in decline over the last few years.

Men Sinoeun, executive director of Artisans' Association of Cambodia, an organisation that helps support Cambodian handmade products, said production of golden silk has decreased from 10 tonnes a year in 2008 to less than 1 tonne currently.

“Producing golden silk requires a huge and long-term investment. If the government does not have enough budget for this, they should attract the private sector to invest as the price of golden silk now is good,” he said.

Sinoeun said last December that the demand for golden silk stands at around 300 tonnes per year.

The price has increased from $60 per kilogram five years ago to $90 per kilogram last year, though producers have been unable to take advantage of this price rise.

The NSB was first floated in June 2013 by then-minister of commerce Cham Prasidh, but was delayed as the involved ministries failed to coordinate their efforts, a Ministry of Commerce spokesman said in June last year.

The government plans to apply for Geographical Indication (GI) status for golden silk, validating its origin in a bid to increase its value in the market.

MOST VIEWED

  • Bareknuckle champion wants Kun Khmer fighter

    Dave Leduc, who is the current openweight Lethwei boxing champion in Myanmar, has announced that he will travel to Cambodia this year to challenge SEA Games gold medallist Prum Samnang any time that is convenient, after their planned match later this month in Slovakia was

  • Struggling Battambang artist dreams of staging full-scale gallery exhibition

    Leav Kimchhoth, a 55-year-old artist from Battambang province, is a familiar face to locals and tourists alike on the streets of the riverside in Phnom Penh. The one-armed painter and illustrator often hawks his work near the night market on weekends and public holidays. He

  • Five-year-old Hanuman dances his way into hearts of Cambodia

    A young talent from a new-established settlement has emerged, captivating the online world with his mesmerising performances of the traditional Cambodian monkey dance. Roeun Kakada is a five-year-old prodigy who has taken the social media sphere by storm with his exceptional dance skills and dedication

  • Fresh Covid warnings as Thai hospital fills

    A senior health official reminds the public to remain vigilant, as neighbouring countries experience an increase in Covid-19 cases, with the latest surge appearing to be a result of the Omicron XBB.1.5 sub-variant. Or Vandine, secretary of state and spokeswoman for the Ministry of Health,

  • New Law on Taxation comes into effect

    Cambodia has enacted the eagerly-awaited new Law on Taxation, which aims to improve the national tax regime’s compliance with present and future international standards and economic conditions; encourage accountability, effectiveness and transparency in the collection process; and promote investment in the Kingdom. King Norodom

  • PM warns of int’l election interference

    With the national election scheduled to take place in less than two months, Prime Minister Hun Sen has warned foreign nations and their diplomats not to interfere into Cambodia’s domestic affairs. He also hinted that their statements on court verdicts handed down to any