Asia-Pac CEOs looking to increase investment: survey
China is top choice for investments in the next 3-5 years
[BALI] Despite the uncertain global economic outlook and signs of capital outflows, nearly seven in 10 CEOs in the Asia-Pacific region say they plan to increase their investments in the coming years.
Confidence among business leaders is also going up, with 42 per cent saying they are "very confident" of revenue growth in the coming year, up from 36 per cent last year, according to an annual survey conducted by PwC.
Over the longer term, just over half (52 per cent) say they are confident of growth in the next three to five years - about the same proportion who said so in last year's study.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Aims Apac Reit posts 10.2% lower H2 DPU on enlarged unit base
Singapore top recipient of Q1 cross-border investments in Apac: Knight Frank
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Bitcoin faces worst month since FTX crash with ETF demand cooling
AIA launches wealth centre targeting high-net-worth clients