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Philippine CEOs optimistic about revenue growth despite global uncertainties



A recent survey conducted by PwC Philippines in partnership with the Management Association of the Philippines (MAP) reveals strong optimism among CEOs in the Philippines, with 85% expecting revenue growth in the next 12 months despite geopolitical uncertainties. This marks an increase from last year’s 79%. Confidence extends over the next three years, with 86% of CEOs optimistic about continued growth, though slightly down from 87% previously. CEOs highlighted infrastructure development, domestic consumption, and foreign direct investments as key growth drivers. However, geopolitical issues like the Russia-Ukraine war and tensions in the West Philippine Sea are major concerns. Additionally, the survey indicated a cautious but growing interest in adopting generative AI technologies, with potential impacts on job markets and business operations.

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