ASEAN CEOs confident of companies' prospects over next 12 months

ASEAN CEOs confident of companies' prospects

This article first appeared on Astro Awani

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A survey by global audit firm, KPMG, revealed that 94 per cent of ASEAN chief executive officers (CEOs) are confident of their companies' prospects over the next 12 months.

In a statement today, KPMG said, this was higher than the global average, where only 83 per cent of CEOs were confident with their companies over the same period of time.

KPMG Malaysia Managing Partner, Datuk Johan Idris, said greater digital investments would offer companies more opportunities to secure competitive advantage.

On challenges, he said, cyber-attack threats continued to be one of the risks for companies as they moved into the digital age, giving, as an example, the recent WannaCry ransomware outbreak in May which affected more than 530,000 computers in 150 countries.

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