Categories: apec summit

PwC's APEC CEO Survey 2018 - Singapore findings

Singapore’s conditions most likely to produce next unicorn after China and US, finds PwC study

• A net 65% (vs 51% across APEC) of Singapore business leaders plan to raise investment levels • Majority (29%) of Singapore business leaders are creating more jobs, but struggling to find the right talent (vs. 34% across APEC) • 58% of Singapore business leaders (vs 65% across APEC) call on governments to do more to develop STEM skills • Rising concerns about moving data across borders

ASEAN business leaders expect to expand global footprint over the next three years

ASEAN business leaders expect to expand global footprint over the next three years

• 72% of ASEAN business leaders expect their global footprint to expand over the next three years (61% in Singapore, 63% across APEC) • 58% plan to increase business investments in 2018 (62% in Singapore) • 73% reprioritising their allocation of investments to foreign markets (64% in Singapore) • 58% automating some functions in their workforce (64% in Singapore)

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