Announcement
19 Aug 2020
Announcement
CEOs trod in trepidation as concerns over the Covid-19 assault on the economy and their businesses continue to drag on their confidence.
Results of the Vistage-MIER CEO Confidence Index (CCI) continue to show a dent in CEOs’ confidence in 3Q2020. The CCI has stubbornly stayed below the 100-point optimism threshold, indicating that confidence amongst CEOs is still lacking in 3Q2020.
Vistage CEO Confidence Index Highlights
37% Projected Lower Revenues
41% Forecasted Lower Profits
53% Estimated Revenue Decline q-o-q at < 20%-50%
23% Evaluated Gross Profit Decline q-o-q at <20%
Click here for full report:
1) (English Version)
2) (Chinese Version)
Source: Vistage Malaysia corporate website