Cambodia and Singapore Deepen Cooperation on Digital Payments

PHNOM PENH, May 13, 2026 (KPT) — Cambodia and Singapore pledged to strengthen cooperation on digital payments and financial innovation as both countries seek to boost cross‑border connectivity, financial inclusion and cybersecurity, officials said Tuesday.

National Bank of Cambodia Governor Chea Serey met Singapore’s Ambassador to Cambodia Steven Pang Chee Wee to discuss expanding collaboration. The talks highlighted joint work on the Financial Transparency Corridor initiative and growing partnerships between the two nations’ credit bureaus.

Both sides exchanged views on the global economic outlook and Cambodia’s recent economic performance. Pang praised the rapid growth of Cambodia’s digital payment ecosystem, particularly the convenience of cross‑border QR code transactions.

Serey pointed to continued progress of the Bakong payment platform, noting its role in promoting financial inclusion, supporting tourism and encouraging wider use of the Cambodian riel.

Officials also underscored the importance of international cooperation in combating online scams and financial crimes through stronger information sharing and enhanced technological safeguards.