Asian energy corporates remain bullish in 2012: survey
Despite an uncertain global backdrop, energy companies in Asia retain a positive outlook for 2012, finds a survey commissioned by Standard Chartered Bank
The corporate sentiment survey, carried out by independent research specialist Nielsen for Standard Chartered Bank's equity research division, polled 529 corporates from 12 different industries in seven Asian economies.
Across the survey, corporates in the energy sector are the most bullish in terms of overall outlook and future growth, with 85% seeing an improvement in business growth prospects
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