[Background / related]
The Vietnamization of Kampuchea: A New Model of Colonialism (Indochina Report, October 1984)
Part II: Vietnamization of the Economic Framework (continued)
The Unequal Exchange
It is within this new institutional framework that theVietnamese are asserting their hold over the economy andfuture of Kampuchea. Fisheries, rubberand rice are the three main sectors affected by what should be termed the Unequal Exchange between Vietnam and Kampuchea.
...
Business Woes
Loom for Cambodian Farmers as Rice Export Prices Fall
Latin American Herald Tribune | 4 August 2016
PREK KOMPEUS, Cambodia – Despite the realities of the global rice export
market, work continued as usual for rice farmers on Thursday on the outskirts
of Phnom Penh, an epa journalist reported.
On Thursday, about 10 farmers planted fresh rice shoots into the greyish mud of a rice field.
The farmers were reportedly from Takeo Province and came north towards Phnom Penh for work.
But the rice industry might soon encounter very tough times, as global oversupply of rice is causing prices to fall, The Phnom Penh Post newspaper reported on Wednesday.
Cambodia’s rice exports dropped by 6 percent in the first half of this year, along with similar decreases from its Southeast Asian neighbors.
The downward trend is hitting small- and medium-size rice millers the hardest, with at least five such Cambodian millers going out of business over the last year, said Moul Sarith, secretary-general of the Cambodian Rice Federation (CRF), as cited by the Post.
He warned that up to half of Cambodia’s rice millers could go bankrupt by the end of the year.
On Thursday, about 10 farmers planted fresh rice shoots into the greyish mud of a rice field.
The farmers were reportedly from Takeo Province and came north towards Phnom Penh for work.
But the rice industry might soon encounter very tough times, as global oversupply of rice is causing prices to fall, The Phnom Penh Post newspaper reported on Wednesday.
Cambodia’s rice exports dropped by 6 percent in the first half of this year, along with similar decreases from its Southeast Asian neighbors.
The downward trend is hitting small- and medium-size rice millers the hardest, with at least five such Cambodian millers going out of business over the last year, said Moul Sarith, secretary-general of the Cambodian Rice Federation (CRF), as cited by the Post.
He warned that up to half of Cambodia’s rice millers could go bankrupt by the end of the year.
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