CATEGORY: OBG CEO Surveys
Although almost two-thirds of the C-level executives polled in the second OBG Business Barometer: Indonesia CEO Survey describe the ease of doing business as better than it was two years ago, business leaders remain wary of external risk factors, most notably a change in demand from China and trade protectionism. Following on from our May 2017 survey’s revelation that 43% of CEOs viewed a lack of skilled human resources as their top concern, our latest findings specify that respondents believe the local labour market is most in need of leadership skills, engineering, computer technology, and research and development.
President Joko Widodo’s efforts to improve Indonesia’s commercial operating environment appear to be bearing fruit, with 64% of C-suite executives surveyed in the second OBG Business Barometer: Indonesia CEO Survey agreeing that the ease of doing business is better than it was two years ago.
The fall in oil prices in 2014 shook markets around the world, but few have been hit as hard by the decline as Nigeria.