Asia defies forecasts, keeps growing

Updated On: Feb 25, 2010

Malaysia has reported stronger than expected GDP growth in the fourth quarter of 2009, with a 4.5% rise over a year earlier. It follows Thailand, Taiwan, and Hong Kong, which have all recently announced strong numbers in spite of the global crisis.

In Singapore, the trade and industry ministry has raised its 2010 growth forecast to 4.5-6.5%, up from the 3-5% that was predicted in January.

Asia defies forecasts and keeps growing during crisis [Financial Times] 
Singapore ups growth view but may stand pat on policy

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