Deloitte Survey: CFOs in Asia Pacific Less Pessimistic on Global Economy
What happened
Deloitte released a survey covering 14 Asia Pacific markets, based on responses from 363 Chief Financial Officers. The survey found that net optimism about the Asia Pacific economy rose 21 percentage points to 26%. Expectations for business performance over the next 12 months also improved, with 63% of CFOs anticipating revenue growth and 56% expecting higher profits, according to the report.
From itbrief.co.nz
Why it matters
Finance leaders are becoming more confident in the economic outlook, though they continue to rank geopolitical instability as a major threat to their businesses. Attention is shifting toward growth priorities, with technology application and innovation being identified as key areas of focus by CFOs.
From itbrief.co.nz
Who's involved
- DeloitteConducted the survey and reported on CFO sentiment across Asia Pacific markets
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The entities involved
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Deloitte
multinational professional services network founded in 1845