APEC CEO Summit 2016: 17-19 November, Lima, Peru
• Over half of APEC business leaders plan to increase investment
• Short term revenue growth outlook flat
• One third of CEOs expect new sources of revenue from digital data on connected devices
Over half the businesses in the Asia-Pacific Economic Co-operation’s (APEC) 21 economies (53%) surveyed by PwC this year plan to increase their investments over the next 12 months. This is despite reporting fragile confidence in prospects for revenue growth over the next year and disappointment with pace of progress on free trade in the region.
PwC surveyed over 1,100 business leaders in 21 APEC economies in the run up to the annual APEC CEO Summit in Lima, Peru (17-19 November).