CEOs' optimism about global economy highest since 2012: PwC

Singapore

A RECORD number of business leaders are more confident about the global economy this year, though they acknowledge that global threats exist, said a survey of almost 1,300 chief executive officers worldwide by PricewaterhouseCoopers' (PwC).

According to the survey launched at this year's World Economic Forum in Davos on Monday, 57 per cent of the CEOs believe that worldwide economic growth will improve in the next 12 months - up from 29 per cent last year, and the largest increase since PwC began asking about global growth in 2012.