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      Amid a business environment marred by inflationary pressures, geopolitical tensions and fears of a recession, CEOs surveyed in KPMG’s 2022 CEO Outlook continue to display confidence in the global economy.

      In Singapore, top executives surveyed feel well-prepared to seize opportunities in the next wave of economic growth.

      As the country positions itself for growth amid post-pandemic recovery, the focus of businesses will be on how they can transform themselves and pivot their business models to gain market share in the face of intense global competition. With ESG responsibilities of CEOs rising to the fore, business leaders will also have to decide how they can communicate what they stand for and align these with purpose-driven outcomes.

      The 2022 Banking CEO Outlook

      Banking leaders are focused on interest rate and reputational risks.

      The findings from the KPMG 2022 CEO Outlook show that CEOs worldwide are displaying greater confidence, grit and tenacity in riding out the short-term economic impacts to their businesses. Compared to previous years, CEOs now feel better prepared to weather short-term challenges with resiliency measures, such as boosting productivity, managing costs and reconsidering digital transformation strategies to manage impacts. We are also seeing many positioning for long-term growth. In Singapore, about 80% of CEOs have indicated that their corporate purpose will have the greatest impact in building customer relationships over the next three years. Mergers and acquisitions remain popular as well, with 84% of Singapore’s business leaders valuing innovation to build a cutting edge amid a globally competitive landscape.
      Ong Pang Thye

      Managing Partner

      KPMG in Singapore


      KPMG 2022 CEO Outlook draws on the perspectives of 1,325 global CEOs across 11 markets for insight into their three-year outlook on the business and economic landscape. The eighth edition of the report reveals shifts in strategy and viewpoints during a period of constant change. Research for the report was conducted from July to August 2022. 

      Take a deep dive into our CEO Outlook findings

      What do CEOs foresee for the economy, from growth risks and ESG opportunities to digital transformation and the future of work? Find out below.


      Read more

      Weathering short-term challenges, anticipating long-term growth

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      Technology

      Digital transformation in uncertainty

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      Talent

      Fostering workforce resilience

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      ESG

      Great ESG expectations

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      Press release: KPMG 2022 CEO Outlook

      Singapore CEOs worried about recession's impact on business growth and talent, but see global economic optimism over next 3 years

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