2C2P a payments platform has announced new partnerships in Cambodia and Vietnam to expand its Thai cross-border remittance service, easy2send. In Cambodia 2C2P will work with eMoney Payment Solutions, one of the nation’s leading mobile wallet providers. In Vietnam 2C2P will team up with Sai Gon Joint Stock Commercial Bank (SCB), one of Vietnam’s top […]
Read MoreThe National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic recovery. In its forex intervention, the central bank sold $20 […]
Read MoreA deeper cultural understanding of the Chinese market is necessary to help the Southeast Asian nation leverage the trade agreement to stimulate its Covid-hit economy. Cambodia and China may have wrapped up a trade deal in less than one year, but to fully benefit from the agreement, Cambodia still needs to be equipped with […]
Read MoreThe airports are ready, the airlines have capacity but will there still be a market for budget travellers when Cambodia reopens its borders? The cost of quarantine hotels, PCR tests for Covid-19, health insurance and a lack of low cost accommodation because of a prolonged downturn may leave backpackers with fewer options. But industry insiders […]
Read MoreMinister of Commerce Pan Sorasak reiterated a called for businesspeople to fulfil their obligations to protect consumers in accordance with the laws and regulations in force and contribute to the shared overarching objectives of harmonisation and sustainable development. The minister made the appeal on September 23 at the National Workshop on Dissemination of the Law […]
Read MoreSihanoukville Autonomous Port (PAS) is extending the storage grace period from five to seven days from October 1 for export containers passing through the Kingdom’s sole deep-sea port, in a move met with generally positive response from local exporters. The two-day extension of the demurrage-free period was motivated by a meeting between PAS and representatives […]
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