Fewer Singapore CEOs eye global expansion compared to regional counterparts

SINGAPORE (Nov 8): Only 61% of CEOs in Singapore expect to expand globally over the next three years, compared to 72% of CEOs within the Association of Southeast Asian Nations (ASEAN) planning to do the same.

CEOs in Malaysia and Vietnam lead the way, with 89% and 86% respectively reporting that they plan to widen their businesses’ global footprint.

According to PwC’s 2017 APEC CEO Survey, only 63% of CEOs across the 21 Asia-Pacific Economic Co-operation (APEC) economies are expecting to see global expansion over the next three years.

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