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Business confidence rises as Singapore CEOs defy global challenges with investments into generative AI, ESG: KPMG 2023 CEO Outlook

  • 92% of Singapore CEOs anticipate growth for their businesses, a significant increase from 76% in 2022
  • Over half of Singapore CEOs or 52% are shifting capital investments towards skilling their workforce for an AI-driven future
  • Majority of CEOs see their ESG investments as having the greatest impact on their capital allocation, partnerships, alliances, and M&A strategy

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