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Cambodia mobile payments surge in 2021

Covid-19 pandemic, together with a rise in FinTechs and Internet usage, has driven sharp growth in mobile payments in Cambodia, the central bank’s senior official and company representatives said. Chea Serey, Deputy Governor and Technical Director General of the National Bank of Cambodia, said the country recorded a total of 707.57 million online payment transactions […]

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Cambodia: ‘Electronic payment systems to enhance economic efficiency, financial inclusion and use of Riel’

The National Bank of Cambodia has started implementing various policy measures to promote the use of riel in the economy based on market mechanisms. The use of riel has been facilitated through the development of electronic payment systems and other policies. For instance, ‘Fast Payment’, ‘Retail Pay’, ‘Bakong’ and other electronic payment systems have made […]

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Cambodia sees gains begin flowing from RCEP agreement

Cambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic. The minister was speaking at a workshop titled “RCEP: Implications, Challenges, and Future Growth of East Asia and ASEAN” that was held by the Cambodian Ministry […]

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[Cambodia] Visa on arrival back, no Covid tests

Cambodia is resuming its visa on arrival programme and scrapping both PCR and rapid tests for fully vaccinated passengers to attract more visitors and investors. The Ministry of Health on March 17 announced that fully vaccinated inbound passengers will no longer be required to show a PCR test result proving that they are negative for […]

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