SINGAPORE (XINHUA) – Confidence among Singapore’s chief executive officers (CEO) has declined, with inflation and pricing pressures cited as major concerns, according to a report.
The EY-Parthenon CEO Outlook Survey showed that overall CEO confidence among Singapore respondents fell from 72 per cent in September 2024 to 54 per cent. The survey assessed the sentiment of 1,200 business leaders globally, including 40 from Singapore.
Despite the dip, more than half of Singaporean CEOs remain optimistic about successfully reshaping their business models for the future.
In contrast, global CEO confidence edged up from 70.5 per cent in September 2024 to 73.5 per cent, even as worries over rapid technological change, evolving sustainability agendas, and geopolitical tensions persist. Nearly half of global respondents expect these challenges to intensify in 2025.
