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China to ramp up production of energy, says S&P

April 26, 2019

HONG KONG - Standard and Poor's believes China's national oil companies (NOCs) are set to boost outlays to secure future energy supplies after several years of relative spending discipline. They will also bump up production in a year that has seen average oil prices well above their all-in cost levels, the ratings agency said.

"China's NOCs will focus on domestic exploration and production (E&P) for oil and gas in order to enhance national energy security," said S&P Global Ratings credit analyst Danny Huang.

Cautious optimism on China economy as private investment drags

April 19, 2019

HONG KONG - Whlle China's Q1 GDP allows for cautious optimism for the Chinese economy, it does not signal a full-fledged recovery given slower growth in private investment. But one certainty is that, as the Chinese economy starts to stabilise, the incentive for the People's Bank of China to conduct further stimulus may not be as strong as before, says Natixis in a research note.

Why a Jokowi win may build foundation for brighter Indonesia future

April 18, 2019

JAKARTA - In a research note on the outcome of Indonesia's general election the French banking group, Natixis, said it believes the re-election of Jokowi would allow him to finish what he started -  increasing infrastructure supply - with 245 on-going and planned national projects to build roads, railways, seaports and refineries which amount to 31% of GDP or US$304 billion. "And if he is able to do so, Indonesia will go beyond the 5% growth range," the note says.

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