Phnom Penh(VNA) – As the Philippines grapples with food supply challenges, Cambodia🧔n Prime Minister Hun Manet has assured Philippine President Ferdinand Marcos that Cambodia is ready to increase exports of rice and other agricultural products to support Manila’s food security.
Speaking at a joint press conference with Marcos in Malacañang on February 11, following the signing of eight memorandums of understanding (MoUs) between the two nations, Hun Manet reaffirmed Cambodia’s commitment to strengthening trade and investment in agriculture. He emphasised that Cambodia stands ready to supply rice and other essential food products to the Philippines.
Marcos, in turn, highlighted Cambodia as a key partner in the country’s food security efforts, particularly with the newly signed MoU on Agricultural and Agribusiness Cooperation.
In 2023, the Philippines imported 2,500 tonnes of rice from Cambodia—the first significant rice shipment from the country since the Rice Tariffication Law took effect in 2019.
Despite being a rice-producing nation, the Philippines continues to rely on imports to meet domestic demand. In January, the Bureau of Plant Industry projected that the country will import 4.8 million tonnes of rice this year./.
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Indonesia has concluded its bidding process for 17 rice packages with a total volume of 500,000 tons. It is a good news that Vietnam has won 8 out of the 17 packages.
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In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
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Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
