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South-east Asia's improved growth numbers not sustainable: economists

Fall in imports rather than exports strength underpinning recovery

Published Fri, Nov 27, 2015 · 09:50 PM
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Jakarta

STRONGER-THAN-EXPECTED growth in some South-east Asian economies has sparked optimism the worst of a slowdown may be over, but high debt and weak exports make sustaining the momentum a challenge for policymakers as US interest rates go up.

The Philippines wrapped up the region's third-quarter GDP performance on Thursday with annual growth of 6 per cent, up from 5.8 per cent in the second quarter.

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