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Xinhua world economic news summary at 0830 GMT, Feb. 27

PHNOM PENH — The central banks of Cambodia and Malaysia on Tuesday signed a memorandum of understanding (MoU) on cooperation in cross-border QR payment scheme and financial innovation, said a joint press statement.

The deal was inked in Malaysia’s Putrajaya City between National Bank of Cambodia (NBC) Governor Chea Serey and Bank Negara Malaysia (BNM) Governor Abdul Rasheed Ghaffour, the statement said. (Cambod