World Bank flags slowing growth risks for Cambodia and East Asia Pacific

World Bank flags slowing growth risks for Cambodia and East Asia Pacific  The World Bank warns that East Asia and Pacific (EAP) countries, including Cambodia, face slowing growth due to global uncertainty and adverse factors like energy shocks, trade restrictions, and policy risks. Director Aaditya Mattoo stresses the need for reinforced macroeconomic policies and structural reforms. He anticipates growth to decline in 2026 but recover by 2027 as challenges ease. Key external pressures include ongoing Middle East conflicts and high tariffs, disproportionately impacting trade-dependent countries like Cambodia, Thailand, and Lao PDR. Mattoo advocates for targeted support measures rather than broad assistance, particularly for vulnerable populations affected by rising oil prices. He also highlights the potential benefits of artificial intelligence for boosting productivity and exports, while noting that EAP countries must enhance their resilience through effective management and infrastructure upgrades. The discussion precedes the 'World Bank's April 2026 East Asia and Pacific Economic Update' focusing on industrial policy in a digital context. (Source: Khmer Times)

Sihanoukville Autonomous Port phase II expansion to kick off by mid-2026  Once completed in 2029, the Sihanoukville deep-sea port will facilitate direct docking for ships from the Indo-Pacific, Indian, and American seas. The second phase of construction is set to begin in mid-2026, following the first phase, which is 65% complete and ahead of its 2027 deadline. The second phase, featuring a depth of 19.5 meters, aims to lower transportation costs, attract investment, and enhance trade. The ongoing development will transform Sihanoukville into a significant international hub port, reducing dependency on regional ports and increasing export capacity to Europe and the Americas. The port currently ranks as Cambodia's largest seaport, handling 1.34 million TEUs (Twenty-foot Equivalent Units), and earning $151 million, indicating growth in the transport and logistics sectors. (Source: Khmer Times)

Express Food Group Cambodia announces ownership change, targets next growth stage The transaction represents a significant change for Cambodia's Express Food Group Cambodia (EFGC), now owned by Singapore's Palms Food International, which aims to develop homegrown brands for local consumers. Palms, established in 1987, has experience in operating internationally recognized franchises and views the Cambodian market as ripe for growth. EFGC, with over twenty years in quick service and restaurant franchising, plans to leverage international support to enhance its offerings, including an upcoming announcement regarding its pizza business. Further details on new brand initiatives are expected soon. (Source: Cambodia Investment Review)