1:30 PM MYT
CAMBODIA, Jan 21 (Phnom Pehn Post/ANN) - A study conducted by the Asian Development Bank (ADB) recommended that Cambodia develop industry transformation maps in key sectors to enable transitions under the fourth industrial revolution (4IR). This should be accompanied by adequate investment in skills development for new and repositioned jobs.
A report titled Reaping the Benefits of Industry 4.0 through Skills Development in Cambodia was released on January 20 and examined the local garment and tourism industries – as the top two industries in terms of national employment, they are important drivers for growth and international competitiveness.
New technologies associated with the 4IR will eliminate some jobs in these industries, but the losses could be offset by higher demand created by rising productivity, potentially generating net gains of jobs amounting to 39 per cent in the garment industry and two per cent in tourism, the report claimed.
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Gov’t announces policy support for cassava industry
Thu, 14 January 2021
The Kingdom has officially launched a “National Cassava Policy” (NCP) to boost domestic production, processing and commercialisation for export to international markets in line with the government’s Industrial Development Policy for 2015-2025.
The NCP is a joint effort by the Ministry of Commerce, Ministry of Agriculture, Forestry and Fisheries and the UN Development Programme (UNDP).
The government approved creation of the new policy on August 14 last year, and it was inaugurated in a ceremony on January 14 at the commerce ministry.
The launch of the policy was described as marking the beginning of a new journey in Cambodia’s agribusiness development towards inclusive growth, poverty reduction and realisation of the government’s development goals.
2021-01-14 08:36:14 GMT2021-01-14 16:36:14(Beijing Time) Xinhua English
PHNOM PENH, Jan. 14 (Xinhua) Cambodia on Thursday launched a new national cassava policy aiming to boost the production and export of the cash crop.
Launched by the Ministry of Commerce, the Ministry of Agriculture, and the United Nations Development Program (UNDP), the landmark national policy runs until 2025.
The planting, harvesting, processing and export of cassava is key to securing jobs and livelihoods for thousands of Cambodians and is a vital cash crop for farmers, said a joint press statement, adding that Cambodia is the fourth largest cassava producer in Asia and the 10th largest globally.
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Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Cashew Kernel Market (2020 to 2025) - Key Drivers and Restraints - ResearchAndMarkets.com
January 13, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 13, 2021
The global cashew kernel market is expected to grow at a compound annual growth rate of 4.27% over the forecast period to reach a market size of US$6.932 billion in 2025 from US$5.394 billion in 2019.
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The USA (152591 tons), Germany (47646 tons), Netherlands (45889 tons), United Arab Emirates (21482 tons), United Kingdom (20917 tons) were among the top importing countries of the world based on the Import quantity of shelled cashew nuts imported as of 2018. However, these figures are relatively lower than what was registered against each of the importing nations in 2017 mentioned above, Viz. the USA registered an import of 153448 tons and Germany registered an import of 53922 tons [Source: USDA].