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Local CEOs still confident on organisation's growth prospects but lower expectations on revenue growth

Samantha Chiew
Samantha Chiew • 3 min read
Local CEOs still confident on organisation's growth prospects but lower expectations on revenue growth
SINGAPORE (June 6): Amid heightened geopolitical risks, such as the ongoing US-China trade war, 92% of CEOs in Singapore are still confident about the growth prospects of their companies, according to KPMG’s Agile or irrelevant – 2019 Global CEO Outlo
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SINGAPORE (June 6): Amid heightened geopolitical risks, such as the ongoing US-China trade war, 92% of CEOs in Singapore are still confident about the growth prospects of their companies, according to KPMG’s Agile or irrelevant – 2019 Global CEO Outlook: Singapore Edition.

However, confidence in the global economy has dropped to 64% from 77% in 2018, and only 28% of the CEOs expect a revenue growth of 2% and above.

Conversely, 94% of global CEOs are bullish about their company’s prospects and 62% are bullish about the global economy. Globally, 46% of CEOs expect a revenue growth of 2% and above.

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