New Delhi, May 9: YPO, a premier leadership organization of chief executives in the world conducted a survey on confidence in the business leader. In its latest report, Asia rose in the first quarter of 2017 (1Q 2017), reaching a two-year high. Added to that, Indian business leaders have acquired the position of most confident leaders among the world’s 10 largest economies.
The report tells India has most positive outlook, remaining most confident of any of the world’s top ten economies. In 2016, it experienced a slip of 4 points. This time India has gained 3.2 points to 66.0. as global commodity prices recovered in, Association of Southeast Asian Nations (ASEAN) countries rose 4.0 points to land at 66.0.
“It’s positive to see that business leaders in Asia remain optimistic about the economic climate and the potential for growth, despite uncertainty surrounding the stability of the global economy, and the potential impact of more protectionist U.S. economic policies,” said YPO member Wei Chen, Founder, and Chairman of Sun Capital.
“Of course, chief executives will continue to monitor economic indicators and the socio-political events unfolding within the region and beyond, but they will definitely believe that they can take advantage of these current economic conditions.” , he added.
The key findings from the survey regarding business in Asia are- Economic climate set to get better, Chief executives confident about revenue and employment growth.