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ASEAN CEO confidence drops, but most still optimistic, says survey

Business leaders in Indonesia and its Southeast Asian peers are faltering to maintain optimism for growth this year in the face of economic uncertainties and challenging business environment, according to recent survey by global consulting firm Pricewaterhouse Coopers.

PwC’s Annual Global CEO Survey, released on the eve of the World Economic Forum annual meeting in Davos, reported that only 38 percent of CEOs in ASEAN are confident of their growth in the next 12 months, a 9-points drop compared to last year.

Titled "Redefining business success in a changing world", the survey interviewed more than 1,400 chief executives from 83 countries who participated in the survey.

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