ABSTRACT Fermented liquid pig manure (LPM) can be used as a nutrient source to replace synthetic fertilizers (SF). However, concerns remain regarding nitrogen (N) and phosphorus (P) losses from rice (Oryza sativa L.) paddies fertilized with LPM. Fly ash (FA) has a high calcium content (Ca) and zeolite (Z) has a high negative-charge; thus, they can immobilize P and N through the fixation of P with Ca and NH4 + onto negatively charged sites, respectively. This study investigated the effects of the co-application of FA and Z (FAZ) on the nutrient availability and growth of rice fertilized with LPM. Four treatments were evaluated: no input (control), synthetic fertilizer (SF), and LPM at two levels, with or without FAZ application, for 104 days. The pH (pHwater), electrical conductivity (ECwater), N (Nwater), and P (Pwater) concentrations in the ponding water of rice fields were analyzed 18 times during rice growth. The rice biomass and uptake of N and P were measured, and the concentrations of mineral N and available P in soil were determined after harvest. LPM application increased (p < 0.001) N and P availability in the absence of FAZ, leading to rice biomass comparable to that of SF. However, FAZ diminished the fertilization effects of LPM on rice growth. The Nwater decreased by 50% and the rice uptake of N increased by 6% after FAZ application, probably because of the retention of N by Z and its subsequent release. By contrast, FAZ increased (p < 0.001) soluble Pwater (85% for LPMS) and decreased (p = 0.004) P uptake (8%–40%), reducing the rice biomass by 20%–25%. The decreased P uptake is probably due to the strong immobilization of P by FA. Therefore, it is cautioned that P-limitation through immobilization of P by FA under alkaline conditions may hinder rice growth in FAZ-amended paddy fertilized with LPM. An appropriate application rate of FA for improved P nutrition needs to be explored.