Singapore’s CEOs are expressing strong confidence in the local economy, with 90% optimistic about the next 12 months, according to the EY-Parthenon CEO Outlook Survey. The survey, which included 40 Singaporean CEOs among 1,200 global participants, highlights a focus on artificial intelligence (AI) and mergers and acquisitions (M&A) as key strategies for growth in 2026.
The survey reveals that 65% of Singaporean CEOs expect AI to become a major growth engine within two years, with 35% believing it will fundamentally reshape operations. Purandar Rao, EY-Parthenon Asia East and Singapore Strategy and Transactions Leader, noted, “Leading CEOs thrive amid uncertainty by quickly adopting new technologies and driving strong collaboration to stay competitive.”
M&A remains a critical strategy, with all Singapore respondents planning transactions in the next year. Interest in joint ventures and strategic alliances is strong, with 80% of CEOs planning such initiatives. The top investment destinations include Singapore, Hong Kong, India, Malaysia, and the Philippines.
The survey also indicates a proactive approach to talent retention, with 80% of CEOs optimistic about attracting and retaining critical talent. Joongshik Wang, EY-Parthenon Asean Strategy and Execution Leader, emphasised the importance of investing in skills development to fully realise AI’s benefits.
As geopolitical scrutiny reshapes deal strategies, Singaporean CEOs are focusing on technology-driven M&A to navigate a volatile market. “2026 won’t bring certainty, and CEOs know it,” concluded Rao, highlighting the need for strategic capital allocation.
