The Governments of Singapore and Cambodia have signed an agreement to enhance cooperation in digital infrastructure in both countries. The agreement will strengthen ties in trade, investment, financial transparency, and food and water security. Additionally, it will also focus on deepening cooperation in renewable energy (RE) and carbon credits.
Moreover, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia launched the Financial Transparency Corridor (FTC) initiative to facilitate trade and financial services for SMEs, promoting greater business opportunities and financial access between the two countries.