Geopolitical tensions keep Philippine CEOs up at night, but optimism prevails

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Geopolitical tensions keep Philippine CEOs up at night, but optimism prevails
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Despite geopolitical uncertainty, most CEOs (86%) are confident that their company will experience revenue growth in the next three years

This is AI generated summarization, which may have errors. For context, always refer to the full article.Despite geopolitical uncertainty, most CEOs are confident that their company will experience revenue growth in the next three years

“Aside from the billions of dollars needed to rebuild the war-torn countries, economies across the globe have been directly and indirectly affected through fluctuating energy prices, supply chain issues, and inflation,” the survey explained. Aware of the potential impact on trade and economic relations, Philippine CEOs are also watching the US presidential elections in November 2024 with bated breath as Democratic nominee Kamala Harris faces off against Republican rival Donald Trump in what could be a tight race.

Most leaders are confident about their industry’s prospects for the next 12 months. Likewise, 86% of CEOs believe that their company will experience revenue growth in the next three years. According to PwC Philippines deals and corporate finance partner Trissy Rogacion, this is the highest level of optimism since the pandemic.

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