CEOs of bigger Singapore firms more optimistic now: KPMG

Singapore

BUSINESS leaders in Singapore have become more confident in the medium-term future of their firms and the economy, despite a bleak global outlook, showed a KPMG snapshot survey of 25 chief executive officers (CEOs) from firms with annual revenue of over US$500 million.

Compared to the beginning of the year, nearly half of Singapore respondents were now less confident about growth prospects for the global economy in the next three years.