Article Per Year (5 Year)
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All Journal Indo-Fintech Intellectuals: Journal of Economics and Business International Journal of Economics and Management
Sros, Em
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Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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A Review of Milled Rice Demand and Supply of Some ASEAN Countries and Lesson Learnt for Cambodia Sros, Em; Mardy, Serey; Chanthuch, Try
International Journal of Economics and Management Vol. 2 No. 02 (2024): IEM : International Journal of Economics and Management
Publisher : Cattleya Darmaya Fortuna

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54209/iem.v2i02.45

Abstract

Rice is a vital crop for ASEAN countries, serving as a primary source of food security and playing a significant role in the regional economy. To draw lessons for rice supply and demand in Cambodia, this article will examine and briefly describe the rice markets in different ASEAN nations, including import and export, rice milling technology, government policy, obstacles, and opportunists. In Cambodia, a program utilizing the sustainable rice cluster (SRC) approach has been developed and put into action by the government in order to maintain the rise of rice production. Compared to traditional approaches, SRC has enhanced rice cultivation by about 40%. The key lessons Cambodia can learn are boosting domestic production, diversifying rice varieties, improving storage and distribution, practicing climate-smart practices, strengthening regional cooperation, improving market access, and farmer empowerment. By analyzing rice demand and supply dynamics in ASEAN and applying the lessons learned, Cambodia can strive to achieve self-sufficiency in rice production and reduce reliance on imports, increase the profitability and competitiveness of the rice sector, enhance food security for its population, and contribute to regional food security within ASEAN.
Analysis of Rice Market Potential in Phnom Penh, Cambodia Sros, Em; Mardy, Serey; Chanthuch, Try
Indo-Fintech Intellectuals: Journal of Economics and Business Vol. 5 No. 1 (2025): Indo-Fintech Intellectuals: Journal of Economics and Business (2025)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/ifijeb.v5i1.2722

Abstract

Phnom Penh is Cambodia's capital and biggest city, making it an important market for rice, the country's main food. To understand the market possibilities for rice in Phnom Penh, you need to look at what customers want, how the market works, who the competitors are, and where there are chances to grow and innovate. This study paper looks at the potential of the rice market in Phnom Penh, Cambodia. This study will propose ways to enhance rice output policies in Cambodia. The research shows that the rice market in Phnom Penh has a lot of room to grow in the future. The high demand, steady supply, opportunities for exporting, new ideas, and government support make this business important for the city's economic growth. To reach its full potential, the sector must continue to adapt to new challenges and use innovative and sustainable approaches. The future of the rice market in Phnom Penh looks promising and will bring significant economic benefits to the city. Cambodia has a strong foundation for rice farming because of its fertile land, experienced farmers, and growing research and development activities. The country is good at selling products to other countries, especially close ones. It's important to enhance product quality, meet international standards, and make the supply line more efficient. The industry is facing big challenges like climate change, changing prices, competition from other countries growing rice, and the need for improved facilities and market access. To enhance Cambodia's rice markets as well as improving productivity, make it easier to access markets, and increase support from policies. This will help provide enough food, improve life in rural areas, and grow the economy.
Co-Authors Chanthuch, Try Mardy, Serey