Archive for February, 2024

CAC Addresses Concerns on Climate Change

Quang Binh, Vietnam, Feb 28 During a two-day conference, Golden Cashew Rendezvous, in Vietnam, CAC estimated the decline in cashew production in Cambodia due to Elni no, severe heat destroyed flowering. The cashew production will be dropping sharply this year–10% to 30% down in 2024 in Cambodia. CAC intends to promote investment in building more

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UNIDO, Decent Employment for Youth

The cashew nut Association of Cambodia, CAC, was invited to attend the workshop organized by the Polytechnique Institute of Kampong Thom Province, PIKT, supported by the United Nations Industrial Development Organization. The UNIDO’s project called “Decent Employment for Youth” was elaborated more during the session by Ms. Heng Chantheng, the project coordinator. The second phase

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CAC Joining the Lower Mekong Region On Climate Resilience

Thailand, February 23 In collaboration with the Australian Government Department of Foreign Affairs and Trade, Mekong Institute conducts a workshop on the Regional Training Program on Climate-Smart Postharvest Technologies. This event is scheduled for February 19–23, 2024, and will be held at the MI Training Centre in Khon Kaen, Thailand. The course is designed to

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ARDB plans $30M for cashew loans

In response to the Cashew Nut Association’s (CAC) request for relaxed loan terms, the Agricultural and Rural Development Bank (ARDB) plans to earmark $30 million in 2024 for cashew nut purchases. ARDB spokesperson Chan Seiha clarified on February 21 that the figure is not a new budget allocation, but rather a continuation from last year’s

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CGCC hosted Annual Seminar on ‘Diversifying Credit Guarantee Mechanism for Sustainable Financing of MSMEs’

The Ministry of Economy and Finance (MEF) and the Credit Guarantee Corporation of Cambodia (CGCC) co-organised the CGCC Annual Seminar on “Diversifying Credit Guarantee Mechanism for Sustainable Financing of MSMEs” on January31, 2024. The event at Sofitel Phnom Penh Phokeetrawas presided over by H.E. RosSeilava, Secretary of State at the Ministry of Economy and Finance,

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Cambodia, Qatar commit to trade and investment boost

Cambodia and Qatar pledged to boost trade and investment, particularly in the agricultural sector, coinciding with the recent resumption of direct flights between the two nations. The commitment was made during a February 17 meeting between Cambodian Senior Minister in charge of Special Missions Othsman Hassan and Qatar Chamber first vice-chair Mohamed bin Ahmed bin

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CDC okays 22 investment projects to tune of $444M

CDC okays 22 investment projects to tune of $444M

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UNIDO Assists Local Processors

Food Processing and Quality Control for micro, small, and medium enterprises was conducted under the support of the United Nations Industrial Development Organization. The two workshops conducted by CAC cooperated with the Department of Agro-industry of MAFF and the Institute of Technology of Cambodia, two very well-known institutions. The aims focus mainly on food safety

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Mitsubishi Helps Farmers in the Context of Climate Change

CAC has conducted two workshops and field visits for farmers in terms of climate resilience under financial assistance from the Mitsubishi Corporation, the representative office in Phnom Penh. Climate change has a huge impact on cashew production in Cambodia. The attendees were shown how to adopt some methods to the new trend. Taking a low

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MoU Between CAC & ACA

Siem Reap, Cambodia February 3, 2024 Cashew Association of Cambodia and the African Cashew Alliance have decided to collaborate to assist each other in terms of exchange of learning between cashew-producing countries of Africa and Cambodia Moreover, the two parties want to facilitate access to farm and processing facilities visits in the respective countries and

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