Cash Influx a Band-Aid for Failing Rice Sector
Posted: Fri Sep 23, 2016 2:23 pm
Cash Influx a Band-Aid for Failing Rice Sector
by Janelle Retka and Kuch Naren | September 23, 2016 | អានជាភាសាខ្មែរ
As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister HE on Thursday lauded the government officials and “generous businesspeople” who heeded calls for emergency funds.
Falling from about $250 per ton in mid-August to $193 last week, the prices that millers were offering farmers for paddy briefly plunged the sector into disarray. But a potential financial calamity has been prevented, the premier announced on Thursday.
full-story.....https://www.cambodiadaily.com/news/cash ... or-118340/
by Janelle Retka and Kuch Naren | September 23, 2016 | អានជាភាសាខ្មែរ
As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister HE on Thursday lauded the government officials and “generous businesspeople” who heeded calls for emergency funds.
Falling from about $250 per ton in mid-August to $193 last week, the prices that millers were offering farmers for paddy briefly plunged the sector into disarray. But a potential financial calamity has been prevented, the premier announced on Thursday.
full-story.....https://www.cambodiadaily.com/news/cash ... or-118340/