Money will continue to be pumped into Asia Pacific over the next 12 months, with close to 70% of the region’s CEOs confirming their intentions to increase investment, according to a survey by PricewaterhouseCoopers.
The survey shows that 42% of CEOs in Asia Pacific are “very confident” of revenue growth in 2014, up from 36% last year. And 68% intend to increase their investments over the same period. More than half also indicated that they are confident of growth over the longer term (three to five years). Indonesia, Myanmar and China are the areas that interest them most.
The findings were published in a new study entitled, “Toward Resilience and Growth: Asia-Pacific Business in Transition”, surveying 478 business leaders across the region.
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