Most CEOs bullish on business outlook

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The majority of the country’s chief executives are confident about the industry prospects for the next 12 months, according to

the Philippine CEO Survey 2023 released Monday by PwC Philippines and the Management Association of the Philippines .

She said to address these challenges, CEOs are reducing operating costs, diversifying product/service offerings, investing in upskilling their workforce and deploying technology in their operations. About 79 percent of CEOs remain positive that their organizations will experience revenue growth in the next 12 months, while 87 percent are certain that they will see an increase in revenues within the next three years.

The CEOs suggest that the government prioritize improving the ease of doing business in the Philippines and enhance technology and infrastructure across the country to further boost collaborations with other countries.

 

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