The National Bank of Cambodia launched its first digital currency, named Bakong, which was co-developed by Japanese fintech firm SORAMITSU.
The RCEP will help boost foreign investment into ASEAN’s lower-wage countries.
China and Cambodia signed a free trade agreement (FTA) between the two countries on October 5, 2020.
Cambodia’s government issued its sixth round of incentives on September 30, 2020, to support the economy and the private sector.
Cambodia’s government issued its fifth stimulus package as the country continues to battle the economic impact caused by the COVID-19 pandemic.
Cambodia’s Minister of Finance and Economy issued a new regulation that sets out the criteria for certain businesses to be independently audited.
Cambodia’s government has issued a variety of new measures to assist businesses impacted by the coronavirus outbreak.
The Cambodian government launched its new online business registration system (Single Portal) on June 15, 2020.
Cambodia has lifted its entry bans on six countries from May 20, 2020, although strict entry requirements will still apply.
Cambodia issued new regulations on new tax incentives as well as obligations on suspending employment contracts.