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The Asian Development Bank (ADB) has revised upwards its economic growth forecast for Southeast Asia due to strong third quarter results in Malaysia and the Philippines.

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The Philippines and other Southeast Asian economies are expected to withstand the impact of the euro zone debt crisis and a sluggish US recovery with healthy growth rates this year and next, the Asian Development Bank (ADB) said.
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ASIAN DEVELOPMENT OUTLOOK SUPPLEMENT

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                    [Title] => ADB revises upwards SE Asia growth forecast
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The Asian Development Bank (ADB) has revised upwards its economic growth forecast for Southeast Asia due to strong third quarter results in Malaysia and the Philippines.

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The Philippines and other Southeast Asian economies are expected to withstand the impact of the euro zone debt crisis and a sluggish US recovery with healthy growth rates this year and next, the Asian Development Bank (ADB) said.
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abtest

ADB revises upwards SE Asia growth forecast

By Ted P. Torres | December 9, 2012 - 12:00am

The Asian Development Bank (ADB) has revised upwards its economic growth forecast for Southeast Asia due to strong third quarter results in Malaysia and the Philippines.

Business

Phl, Asean tipped to withstand eurozone, US woes

By Ted P. Torres | July 13, 2012 - 12:00am

The Philippines and other Southeast Asian economies are expected to withstand the impact of the euro zone debt crisis and a sluggish US recovery with healthy growth rates this year and next, the Asian Development...

Business