Cambodia gains 77 million USD from rubber, rubberwood exports
Cambodia earned more than 77 million USD from the export of rubber and rubberwood in the first two months of this year, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF).
Rubber plantation workers pouring collected latex to a tank. (Photo: Khmertimeskh.com)
Phnom Penh (VNA) – Cambodia earned more than 77 million USD from the export of rubber and rubberwood in the first two months of this year, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF).
A report of the MAFF's General Department of Rubber (GDR) showed that the total revenue of rubber and rubberwood export reached 77.23 million USD as of February, of which 76.87 million USD was from rubber and the rest from rubberwood.
In terms of export volume, as of February, Cambodia exported 48,509 tonnes of rubber, an increase of 2,536 tonnes, equivalent to 6 percent compared to the same period last year.
The average selling price of rubber was 1,585 USD per tonne as of February, a decline of 0.1 percent against last year’s figure.
Last year, Cambodia obtained more than 611 million USD from rubber and rubberwood exports. The country exported 366,300 tonnes of rubber and 454 cubic metres of rubberwood during the year./.
Cambodia on February 23 started vaccinating children as young as three against COVID-19, becoming one of the first countries to cover the age group of those below five.
The Cambodian Ministry of Commerce has launched the registration of “Preah Vihear Rice” as a collective mark for the rice variety associated with the northern Cambodian province.
Chinese investment in Cambodia increased remarkably last year, despite the negative impact of the COVID-19 pandemic, which reflected Chinese investors’ trust in the country’s business environment.
Cambodia is making all preparations to cooperate with China to set up a COVID-19 vaccine manufacturing plant, either by end of this year or 2023, said Secretary of State of the Cambodian Ministry of Health Youk Sambath.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Rubber plantation workers pouring collected latex to a tank. (Photo: Khmertimeskh.com)
