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CANADIA Bank Plc has begun construction on an US$8 million rice processing facility in Takeo province, aiming to process rice for export to the international market, company officials said. Set up in the province’s Doun Keo district, the mill will be capable of processing up to 500 tonnes of paddy per day, Canadia Investment Department Manager Rien Samrith said. “We want to invest in this province because of its potential for agriculture, and we want to push people to produce more rice,” he said. Construction on the facility began earlier this month, and will be finished by September this year. The firm claims to have a three-month timeline to complete the factory, as operations are to begin in October to meet demand from China, he said. “We have already connected with business partners from China to export rice to them,” he said.
A woman picks cashews on a plantation in Batheay district in Kampong Cham province. Prices for cashew nuts have increased this year, as demand on the international market increases. Cashew exporter Agro-star said prices have increased to about US$2,000 per tonne, an increase of $100 since March. Government officials said the price increase could lead to more areas under plantation.
Before Dam Chinda married her silkworm-raising husband last year, she had sat next to her mother, who earned extra income from raising silkworms for almost whole life. And she’s determined to follow in her mother’s footsteps for her future income.“I want to raise silkworms forever. When we do raise them, we have money,” Dam Chinda says, adding: “And I can’t drop it, because I already have mulberry trees and my mother-in-law also gave us some mulberry trees.”
statement. Minister of Commerce Cham Prasidh hosted the company’s director general, Xu Ge Fei, and other Sino Grain delegates yesterday, the ministry said. “With a population of 100 million, Guangdong requires 1 million tonnes of milled rice per month. So food demand is very high, and requires importing for supply and stock,” Xu Ge Fei was quoted as saying in the statement. Sino Grain, along with its three branches in Beijing and Hunan and Guangdong provinces, supplies food to the Chinese government, and uses trade to maintain food price stability, the ministry said.