On the other hand, like last year, continuing maintenance and security upgrades by energy companies are holding back the energy sector from delivering an improved performance this year. Although there was a marginal increase of ½ per cent in energy sector activity in the first quarter of 2013, following flat output in the previous quarter, growth was still lacklustre.
13/21, January 23, 2013  2  The World Bank East Asia and Pacific Economic Update December 2012  3  Asian Development Outlook 2012  BIS central bankers’ speeches  1  •  Sound and stable banking system; and  •  Much improved fiscal performance. These macroeconomic conditions did not happen by chance. Far from it.