Insurance plan for palm sugar farmers

Sum Manet / Khmer Times No Comments Share:

The Cambodian Sugar Association aims to negotiate with insurance companies to provide health and life insurance for palm sugar farmers.
 
Association president Sam Saroeun said there were 178 farmers whose job was to climb the palm trees.
 
 “We are talking with each other in the association to get key findings which are acceptable for the association and the company who will be our insurer,” he said.
 
“And we are trying to negotiate a reasonable price for the farmers.” He could not name the insurance company because it would take time to sort out the details.
 
Keo Chet, CEO of Natural Gold Palm Sugar, said farmers took risks climbing trees so they could not get insurance for themselves.
 
“That’s why we want to help them,” he said.
 
Kampong Speu palm sugar was awarded geographical indication status in Thailand in March, under efforts to prevent unscrupulous traders passing off versions of the Cambodian products.
 
Kampong Speu palm sugar is also being considered for GI status by the EU, as is Kampot salt, Phnom Srok silk, fragrant milled rice from Battambang province and Kampot durian.
 
Kampong Speu palm sugar is currently undergoing a verification process to be sold in the EU, after being accepted in principle for GI status in August last year.

For in depth analysis of Cambodian Business, visit Capital Cambodia
.

Share and Like this post

Related Posts

Previous Article

Bank of Thailand: Impact of strong baht is limited

Next Article

Oz TV channel Ten goes into administration