Rakhine commerce minister sees bright future for black bean exports

The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit Transport Project. The Kaladan project will connect Mizoram in India to Sittwe, the capital of Rakhine ...

Kampot pepper pact keeping prices stable

Kampot pepper prices are set to remain stable for another year as part of an agreement between local producers that caps prices through the end of 2017, a representative of the pepper association said on January 8. Ngoun Lay, president of the Kampot Pepper Promotion ...

Luang Namtha targeting rubber for poverty reduction

Luang Namtha provincial authorities are allowing some poor families to grow rubber trees on their small allotments to discourage illegal plantings in forest conservation areas. An official from the provincial Planning and Investment Department, Mrs Phommy Somboun, told Vientiane Times on January 5 the policy was ...

Cambodia’s rice exports fall sharply

Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released on January 5. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports ...

Government holds off on paddy purchases

The Ministry of Commerce is suspending plans for a paddy purchase program due to a recovery in market prices, according to ministry spokesperson U Khin Maung Lwin. U Khin Maung Lwin told The Myanmar Times in the first week of December that the ministry had approval ...

Agriculture sector expects further investments with slashed policies

Local and foreign investors are welcoming the government’s landmark move to eliminate agricultural policy-related obstacles in a bid to attract more investment in the agricultural sector. Hong Sun, secretary general of the Korean Chamber of Business in Vietnam, told VIR that the Korean business community in ...

Sugar and pepper get protection

Geographical indication status for Kampot pepper and Kampong Speu palm sugar has been accepted in Vietnam. The agreement gives legal protection to both products and stops unscrupulous traders in Vietnam passing off local produce as Cambodian. The deal was reached last Wednesday after negotiations involving the ...

Rubber price rebound prompts some farmers to restart production

Myanmar rubber farmers and producers battered by months of low prices are enjoying some respite following a recovery in global markets last year. With weak local demand Myanmar’s rubber industry is at the mercy of world markets, and low prices throughout 2015 and much of ...

Export licenses for Vietnam

The Ministry of Commerce is calling for producers and exporters who have been dealing in dried tobacco leaves and milled rice to apply for licenses to export to Vietnam. Vietnam agreed to waive all duties on 300,000 tons of rice and 3,000 tons of dried tobacco ...

Vientiane targets economic growth of 11 percent

Vientiane authorities are aiming to grow the capital’s economy by 11 percent this year and expect that GDP will increase by 41.6 trillion kip. ​It is also anticipated that the capital’s residents will have an annual average per capita income of US$5,000.​ The agriculture and ...

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