Cambodia, Stringent Regulatory Oversight Needed to Tackle Real Estate Downturn and Rise of Shadow Banks

2023 was a challenging year for Cambodia’s real estate sector, marked by a decline in construction projects, excess supply, and low demand. The sustained downturn also triggered an alarm on shadow banking activities.

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Managing Solvency Risk from Boom of the Philippine Real Estate Sector

The Philippine economy has been experiencing a boom in the real estate sector in the last several years which has contributed to the robust growth of the economy. In the past five years, the real estate sector has contributed about 12 percent to the country’s GDP, and taken up more than 18 percent of bank loans. Not surprisingly, the boom has invited many discussions in the media about risk that it pose to the financial system.

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