The Cambodian government urgently allocated $40 million to "stabilize" the rice market.

On November 19, Governor Gao Ta of the Agricultural Rural Development Bank of Cambodia disclosed that nearly $20 million in special funds has been allocated. More than 20 rice mills are participating in this procurement plan. These rice mills are all members of the Cambodia Rice Federation (CRF) and maintain close cooperation with the Ministry of Agriculture, Forestry, and Fisheries. The focus of this procurement plan is on major rice varieties in the market, such as high-quality rice varieties like Long Dao Hua. Le Chunhua, Chairman of the Cambodia Rice Alliance, stated that the member rice mills of the association are working closely with the Ministry of Agriculture, making full use of the government budget to carry out procurement work ...