Invest or interest in the Philippines power sector is increasing, in line with government efforts to reduce project bottlenecks and integrate renewable energy into the power mix. China ' s footprint in the sector will expand over the coming years, as the Chinese government prioritises its outward investment plan in Asia and Duterte continues to pivot towards building closer relations with C…
We have downgraded Indonesia's economic growth forecast to 5.1% in 2017 as the mining sector is showing little sign of picking up despite the easing of the mineral export ban, while the manufacturing and retail and wholesale sectors appear to be on a slight downturn. Rising political risks in the run-up to the 2019 elections are also likely to weigh on growth going into 2018, although we expect…
Sluggish private consumption and flat economic growth has led us revise down our vehicle sales forecast for Indonesia to growth of 4.9% in 2017, down from our previous forecast of a 9.5% expansion.
BMI View: Indonesia's crude oil and natural gas production will decline at an average annual rate of 1.7% and 4.0%, respectively, over the next five years, as persistent weakness in global oil prices and myriad above-ground risks slow development of significant new projects and render costly output maintenance programs at existing assets increasingly unpalatable. Indonesia's crude oil a…