COTD: Singapore amongst top investment destination for CEOs in Asia Pacific

The US was the top choice, owing to its strong economy.

Singapore ranked amongst the top choices for CEOs in the Asia-Pacific (APAC) region planning to invest in international operations over the next 12 months, according to PwC’s 28th Annual Global CEO Survey—Asia Pacific.

Chart from PwC

The US (33%) emerged as the top choice for capital expenditure (CapEx) on international operations, attributed to its strong economy and infrastructure and business-friendly environment.

This was followed by the UK and Singapore, each accounting for 13%.

Chinese Mainland, Hong Kong SAR, and Vietnam follow closely behind with 9%, 9%, and 8%, respectively.

Other countries on the list were Germany, Indonesia, Japan, and Thailand, each with 7%.

Meanwhile, Australia, India, and the Philippines each have 6%.

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