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economics analysis
ADB Revises Cambodia’s Economic Growth Forecast for 2025 and 2026
The Asian Development Bank (ADB) has officially revised its economic growth forecast for Cambodia, lowering expectations from 6.1% to 4.9% for 2025 and from 6.2% to 5.0% for 2026. This update comes following the release of the ADB's latest economic report. The ADB attributes this slowdown to a combination of geopolitical tensions with neighboring Thailand and concerns about the uncertainty in t...
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Southeast Asia Faces Condo Oversupply: A Challenge for Property Developers in Three Nations
In a striking development within the Southeast Asian real estate sector, developers across three nations are grappling with a significant oversupply of condominium units. This trend is raising concerns about market sustainability and future investment potential in a region once seen as a growing haven for property development. Countries like Thailand, Malaysia, and the Philippines are at the fo...
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World Bank Lowers Cambodia’s Economic Growth Forecast to 4% for 2025 Amid Global Challenges
In a pivotal update on Cambodia’s economic landscape, the World Bank has downgraded its growth forecast for 2025 from a promising 5.5% to a more tempered 4%. This revision, announced on 11 June, reflects a broader pattern acknowledged by both the Cambodian government and the ASEAN+3 Macroeconomic Research Office (AMRO), as they pinpoint similar trends influenced by a myriad of global and domestic ...
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Cambodia Lowers Economic Growth Forecast Amid Tariff Policy Impacts
The Government of Cambodia has revised its economic growth projections for 2025 and 2026, anticipating a decline to approximately 5%. This adjustment comes in light of the anticipated repercussions of a recent tariff policy primarily affecting the export-oriented service sector. Prior to the announcement of these tariffs by the United States, Cambodia's economy showed promising momentum, with g...
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Cambodia Should Navigate Rising Global Uncertainty with a Multifaceted and Coordinated Policy Strategy
Cambodia’s economic growth accelerated to 6.0 percent in 2024 from 5.0 percent in 2023, driven by a strong rebound in the garment sector. However, in light of unexpectedly high US tariffs, growth is expected to decelerate to 4.9 percent in 2025, due to its heavy reliance on exports to the US. A coordinated and multifaceted policy, including targeted fiscal support and diversification of markets an...
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China’s Steel Exports to ASEAN Surge, Sparking Concerns Among Regional Producers
In a significant development for the steel industry, China’s steel exports to ASEAN countries have skyrocketed in the first quarter of 2025, reaching 36.55 million tons. This figure constitutes approximately 70% of China’s total steel exports and marks a staggering 32% increase year on year, according to a recent report by Yieh News. The report highlights particularly remarkable growth in expor...
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ADB Announces Ambitious Expansion of Financing to Tackle Regional Challenges
In a significant move to bolster development across the Asia-Pacific region, the Asian Development Bank (ADB) has unveiled plans to increase its annual financing capacity from USD 24 billion in 2024 to an impressive USD 36 billion by 2034. This 50% expansion aims to enhance ADB's ability to address pressing regional issues and promote sustainable growth. In a press release on 18 February 2025, ...
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