July, August & September
Cambodia’s tech news snapshot for Q3 2023 touched on items including: Cambodia’s Bakong digital currency’s moves into Laos and Vietnam, and Rwanda in Africa; a deep dive look at Soramitsu, the low-profile Japanese company behind the Bakong CBDC; and more.
For our other editions, you should take a look at Asia’s tech news, daily, delivered via social media channels, and our Indo-Pacific tech newsletters for a weekly update on the region’s tech news.
Hit the links below for each month’s news, or simply scroll to read as an all-in-one update on Cambodia’s tech news in Q3 2023:
September 2023 | August 2023 | July 2023
e-Conomy Southeast Asia 2023 report – Google, Temasek, Bain and Co
September 2023
- A deep-dive look at Japan’s Soramitsu, low-profile blockchain firm behind projects including Cambodia’s Bakong digital currency
- Cambodia: CODE-C developer conference and tech expo set for September 8-9 in Phnom Penh, focusing on cybersecurity, trends and tech opportunities
- Cambodia’s digital currency: “…for QR code-based digital payments between Cambodia, Malaysia, Thailand and Vietnam…. has 8.5M users and handled around $15BN in payments by the end of last year.”
Recorded Future: Chinese Cybercrime in Neighboring Countries
- Cambodia: Wing Bank joins government’s Cambodia Data Exchange platform, speeding customer onboarding
- Cambodia: Singapore’s Boost Capital, providing chat-based loan applications for the unbanked and underbanked, aiming to make the process cheaper and more efficient
- Cambodia: An intro to Tenbox, digital marketplace connecting suppliers, distributors and local producers to marts, restaurants, coffee shops, mom-and-pop stores and more
- ‘Social Media and the Fight For Political Influence in Southeast Asia – The use of digital communications platforms has transformed the region’s politics – both for good and for ill.’
2023 Asia Pacific Regional Security – Key developments and trends
August 2023
Cambodia’s Bakong digital currency:
“…for QR code-based digital payments between Cambodia, Malaysia, Thailand and Vietnam…. has 8.5M users and handled around $15BN in payments by the end of last year.”
“Soramitsu will first establish a Japanese exchange for stablecoins, which are cryptocurrencies pegged to legal tender. If a consumer in Thailand wanted to make a QR code-based payment to buy something from a Japanese e-commerce site, for example, the payment would be sent to the exchange as a dollar-denominated Bakong and converted to a yen-denominated stablecoin,” Nikkei Asia, one of the influential financial newspapers in the world, reported recently.”
July 2023
CSET: Mapping Emerging Technologies and their Supply Chains
- National Bank of Cambodia and National Bank of Rwanda held talks around establishing the Bakong online payment system in Rwanda, building on Laos and Vietnam moves
- Cambodia: PM quits Facebook following ban for apparently threatening political opponents, but walks back from possible FB ban, instead expelling FB reps from the Kingdom
- National Bank of Cambodia inks MOU with China’s UnionPay, enabling UnionPay payments in Cambodia’s national QR system cross-border interoperability
SharePass: Online digital security solution
Indo-Pacific TECH news
All-day tech news updates from across the broad – and increasingly strategically and technologically important – Indo-Pacific region, and across South and Southeast Asia:
- Indo-Pacific tech daily on Twitter
- Indo-Pacific tech daily on Facebook
- Indo-Pacific tech news on LinkedIn
Our mobile app is currently offline, due to the ongoing devolution of what was Twitter, now X.
We aim to have the app back online with a much-improved interface and broader functionality by the end of 2023.
World Economic Forum: Space Applications in Agriculture
Indo-Pacific TECH newsletter
Our weekly e-newsletters go out via Substack and LinkedIn, giving a one-glance grasp of the week’s technology news from the Indo-Pacific and South & Southeast Asia.
