Region tipped to grow 5.4% this year; 5.2% next year

This is due to improving global demand, says research office; two key risks - interest rates rising faster than expected and a rise in global trade tensions

Growth in the region is expected to be sustained "at mid-5 per cent level", Amro said in its report, which assesses the economic outlook and financial stability in the 10 Asean member states and Hong Kong, China, Japan, and Korea.

Singapore

GROWTH in Asia is expected to remain robust in the coming years on the back of improving global demand, according to a new report out on Wednesday.

But two key risks could derail this rosy outlook: interest rates rising faster than expected