Asia-Pac CEOs looking to increase investment: survey

[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.