DAP: The breaking news in Cambodia: “Cambodia exports of cassava up 165 pct in first 4 months” plus 2 more

DAP: The breaking news in Cambodia: “Cambodia exports of cassava up 165 pct in first 4 months” plus 2 more


Cambodia exports of cassava up 165 pct in first 4 months

Posted: 18 Jun 2012 12:13 AM PDT

PHNOM PENH, June 18 (Xinhua) -- Cambodia had exported 555,730 tons of fresh and dry chip cassava (tapioca) in the first four months of this year, up 165 percent from 209,270 tons in the same period last year, showed a report from the Commerce Ministry on Monday.

The country earned a total revenue of 29.5 million U.S. dollars during the January-April period this year, up 247 percent from merely 8.5 million U.S. dollars at the same period last year, said the report.

Cambodian cassava has been exported mainly to Thailand, Vietnam, South Korea and China.

The country has begun exporting tapioca chip to China since the start of this year after the two countries signed the protocol of phytosanitary requirement for Cambodian tapioca chip export to China in December 2010.

According to a report of the agriculture ministry, Cambodia produced some 8 million tons of fresh cassava last year.

Cambodia's royalist party merger plan likely to fail: party officials

Posted: 17 Jun 2012 09:08 PM PDT

PHNOM PENH, June 18 (Xinhua) -- The merger plan between the two royalist parties--Funcinpec Party and Norodom Ranariddh Party (NRP) -- ahead of next year's general election is likely to fail because the NRP's core activists have different political stance, Nhik Bun Chhay, executive president of the Funcinpec, said Monday.

He revealed that among the NRP's core activists, there are two groups: one sides with the current government and the other has opposition trend. "We, Funcinpec, won't merge with the NRP if they fail to clarify that they are in line with the incumbent CPP government," he told Xinhua over telephone."Funcinpec is the alliance party in the current ruling Cambodian People's Party (CPP), so if the NRP has opposition trend, the CPP-led government will sack us ( Funcinpec)."

The rift between the two parties occurred just three weeks after they signed an agreement on May 24 to merge as the Funcinpec party in order to reunite royalists towards the parliamentary elections in July next year.

Pen Sangha, the NRP's spokesman, agreed that the merger plan was likely to fail, but denied that the party has two groups. "I think that Nhik Bun Chhay wants to walk out of the agreement and his accusation on our party is his pretext to tear up the agreement," he told Xinhua on Monday. "The NRP has only one group led by Prince Norodom Ranariddh." "The party's stance is centrist: neither opposes, nor supports the current government," he said.

Cambodia reports trade deficit of 1.1 bln USD in first 5 months

Posted: 17 Jun 2012 07:54 PM PDT

PHNOM PENH, June 16 (Xinhua) -- Bilateral trade volume between Cambodia and Japan in the first five months of this year reached 207 million U.S. dollars, up 3 percent from 201 million U.S. dollars during the same period last year, according to a report of the Japan External Trade Organization on Saturday.

During the January-May period this year, Cambodia's exports to Japan were 136 million U.S. dollars, up 18 percent from 115 million U.S. dollars during the same period a year ago, while Japan's exports to Cambodia stood at 71 million U.S. dollars, down 17 percent from 86 million U.S. dollars, the report said.

The main products Cambodia exported to Japan are garment products, footwear, sugar, fish and seafood, and the country bought back from Japan machinery, automobiles, electronic products, meats, iron, steel and pharmaceutical products.

Currently, some 108 Japanese-owned companies are operating in Cambodia in different sectors.

In 2011, the two nations' trade volume was 514 million U.S. dollars.

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