PH, Asean to attract greater APEC investment – PwC

GLOBAL company executives will remain watchful of the US economy for direction, but Asia-Pacific CEOs will expand their operations in Southeast Asia further, with most of the Philippine-based CEOs increasing their investments domestically, the head of PwC Philippines said.

Alex Cabrera, chairman and senior partner at Isla Lipana & Co./PwC Philippines, told delegates to The Manila Times 5th Business Forum in Davao City that PwC’s 2016-2017 APEC survey found that CEOs in the region have less confidence in increasing profits from their businesses overseas.