Sign up | Log in



Home  >>   Daily News  >>   Combodia News  >>   Commodities  >>   Cambodia boosting rice exports
NEWS UPDATES Asean Affairs     8 November  2011
Cambodia boosting rice exports

Cambodia plans to expand its exports of milled rice and other agricultural products to the United Arab Emirates, Minister of Commerce Cham Prasidh said yesterday.

The UAE seeks a replacement for the milled rice it would otherwise import from Thailand, where the worst flooding in decades has damaged the country’s all-important rice crop.

Cham Prasidh reckoned the UAE could serve as a new market to absorb the Kingdom’s surplus of 2.4 million tonnes of unmilled rice, among other agricultural products, as Cambodia increased its milling capacity.

He noted that the UAE has expanded its import of milled rice to US$1.4 billion a year, a market that Cham Prasidh said was small but holding significant potential.

“The [$1.4 billion] sum is sufficient to buy Cambodia’s surplus of milled rice,” he said.

Cambodia exported 147,004 tonnes of milled rice in the first nine months of 2011, up from more than 42,000 tonnes for all of 2010.

The Kingdom aims to export 1 million tonnes of milled rice by 2015.

Cham Prasidh added that no deals were signed during the trip, saying it was only an introductory meeting between the two countries.

However, he did say there was potential for the UAE to import Cambodian rice not just for consumption but also for resale to other countries in the Middle East.

“What is important for us is that I took a look at the United Arab Emirates as a pedal to export our fragrant milled rice into their market. If we can do that, it means that we can grab the Muslim market,” he added.

He said the UAE might also serve as a market for the Kingdom’s processed halal food, or food deemed edible by Islamic law, and that the relationship may help to bring more investors to Cambodia.

Lim Bun Heng, president of Loran Import-Export Company, said the Middle East market seeks only high-quality rice, but Cambodia’s fragrant rice has the potential to serve that region.

“The United Arab Emirates is a good market because . . . Arab people eat our fragrant rice,” he said.

“I hope that in 2012, there will be a contract between our country and the United Arab Emirates.”

Loran Import-Export Company is Cambodia’s biggest rice exporter in terms of export volume.

The United Arab Emirates will send a delegation to the Kingdom early next year to do its own market research, in addition to seeking business opportunities and strengthening co-operation between the countries, Cham Prasidh said Monday.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    26  October  2011 Subsribe Now !
• Global economics to impact Asean 5 Subcribe: Asean Affairs Global Magazine
• US assistance to Cambodia Asean Affairs Premium

• New environment minister on the warpath

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Water quality destroys mussel farming
• Report that president paid off insurgents
• Singapore women execs in lower ranks
• Flooding fears in Bangkok

• Property losses in Thai flooding


Asean Analysis              26  October  2011

Advertise Your Brand
• Asean Analysis-October 26 Sponsor Our Events

Asean Stock Watch      26  October  2011

• Asean Stock Watch-October 26 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand