The Phnom Penh Post

Three months since the central bank soft-launched its FAST payment system it is taking the system public, making electronic riel-denominated transfers available to the customers of more than a dozen financial institutions. ...

The opposition plans to attend the National Assembly’s Standing Committee meeting today to debate the lifting of immunity for two of its lawmakers.   ...

A stunning rise in the value of construction projects approved by the government in the first half of the year could be a sign that developers have found a willing ally in the newly appointed minister of land management, who has pushed through hundreds of ...

The number of mobile phone subscribers nationwide decreased by 11.5 per cent over the last year in what regulators are describing as a rebalancing after the market reached a saturation point, pushing well beyond 100 per cent penetration. ...

A Khmer version of a smartphone app to help law enforcement deal with the illegal wildlife trade was launched yesterday. ...

Concerns are mounting among the human rights community, particularly in the wake of political analyst Kem Ley’s murder, that UN Special Rapporteur to Cambodia Rhona Smith is failing to fulfil her mandate in a time of what one observer termed “fear and confusion”. ...

The Ministry of Social Affairs is looking for ways to bring old pension plans into line with pensions offered to more recently retired government workers.   ...

The rapid growth in the number of Cambodians using mobile money services to transfer remittances is a positive step towards greater financial inclusion, and is serving as a gateway to financial services for the largely unbanked rural population, experts said yesterday. ...

The rapid growth of tourism has resulted in the parallel growth of tourist facilities, Tourism Minister Thong Khun said yesterday. ...

The Ministry of Interior and the Securities and Exchange Commission of Cambodia (SECC) issued a joint release yesterday announcing that investigations of Empire Big Capital Ltd (EBC) and related firms AIF and ICA showed the companies had engaged in investment fraud.     ...

Cambodia’s tax department collected $829 million in tax revenue during the first half of the year, 18 per cent more than during the same period a year earlier, led by surge in profit-tax revenue, according to government data released late on Tuesday.    ...

Branchless banking, including mobile banking, is one of the hottest trends in Cambodia’s microfinance industry, helping financial institutions deliver their products conveniently and affordably to people living in rural areas, industry insiders said yesterday.   ...

The first comprehensive survey of the accessibility and usage of Cambodian financial services found that only 17 per cent of the Kingdom’s adult population is banked, with poor access to financial services among the key impediments to financial inclusion of those living in rural areas. ...

Revenue collected by the customs and excise department jumped nearly 20 per cent during the first six months of the year, compared with the same period a year earlier, figures released yesterday show. ...

The National Election Committee yesterday released a monthly meeting schedule with the European and Japanese embassies in a bid to ensure the voter-registration process, due to begin September 1, will go smoothly.   ...

Upgrades to National Road 1 are expected to be completed by March 2017, according to the Ministry of Public Works and Transport. ...

The Ministry of Commerce yesterday announced it was lowering the price ceiling on gasoline sold at retail petrol stations across the Kingdom between July 12 and 21 after the latest scheduled recalculation of fuel caps.   ...

Banking industry insiders expressed concern yesterday over a spike in the amount of delinquent debts reported by microfinance institutions (MFIs) across the Kingdom, which they attributed to farmers struggling to repay their loans after adverse weather conditions affected their crops. ...

After a mass escape of 70 inmates from the notorious Prey Speu centre on Sunday, the government said they would take mentally ill people rounded up off the streets and house them on the same site as a Kandal orphanage.   ...

The teeth of some 60,000 Cambodian children have been “sealed” to help prevent tooth decay under an oral health project that recently concluded, but many more continue to be in need of such service, given the country’s significantly high tooth-decay rate. ...

A new report by market research firm TNS identifies five triggers that acted together as catalysts for the dramatic changes in consumer behaviour that led to China’s “explosive” e-commerce growth, and suggests other Asian economies could be on the same trajectory. ...

A second pair of endangered pileated gibbons released into the forest near Angkor Wat last year have had a baby. ...

A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...

Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector.   ...