Logo of Phnom Penh Post newspaper Phnom Penh Post - CRF hails fee reduction on rice container scans

CRF hails fee reduction on rice container scans

CRF hails fee reduction on rice container scans

Reduced government fees on mandatory scanning of rice container shipments, which went into effect this week, will shave a few dollars off each shipment, helping rice producers lower costs in a highly competitive international market.

Moul Sarith, secretary-general of the Cambodian Rice Federation (CRF), said yesterday that the Ministry of Economy and Finance agreed to slash the costs on container scans at ports by 50 percent in response to a CRF request to reduce costs for rice exporters.

Under the new scheme, the ministry has reduced the fee on scans of containerised rice shipments from $32 to $16 for 40-foot containers, and down from $20 to $10 for containers under 40 feet. The new prices were rolled out on Tuesday and will stay in effect until the end of 2018.

“This is a helpful policy for the rice industry as we are facing high costs when exporting,” said Sarith.

“We still hope that the ministry will continue to consider reducing other payments related to costs of production in order to promote rice exports and keep the industry afloat.”

MOST VIEWED

  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former

  • After three deferrals, Capital Gains Tax to take effect Jan 1, 2024

    The General Department of Taxation (GDT) will implement the Capital Gains Tax starting January 1, 2024 to after being deferred three times as industrial players warn that the implementation might have some negative impact on the property market growth, which is down due to the economic downturn.