Impairments a Drag on O&G 4Q'16 Results

Oil & gas firms continue to see their earnings fall, as a result of large impairments in the upstream space, where aggregate impairment in FY16 more than doubled compared to last year.

Sean Lim, Analyst gives us a report-card of 4Q'16 earnings, and if he expects a boost in sentiment and job-flows from the resulting RM31b investment by Saudi Aramco in RAPID.