CEOs in Singapore are increasingly prioritising disciplined growth and long-term transformation through artificial intelligence (AI) and strategic transactions, despite geopolitical risks and macroeconomic uncertainties. According to the latest EY-Parthenon CEO Outlook Survey, which surveyed 1,200 global CEOs including 40 from Singapore, 71% of Singaporean CEOs identified geopolitical uncertainty as the most significant risk to their business over the next year.
The survey indicates that Singaporean CEOs are maintaining confidence in local growth, with a CEO Confidence Index score of 81.0, the second highest globally. This confidence persists even as 46% of respondents report that sustained energy price shocks pose significant challenges, highlighting the direct impact of geopolitical volatility on operations and finances.
AI investment remains a key strategic priority, with 68% of Singaporean CEOs planning to increase spending in 2026. However, regulatory challenges and skills gaps are potential hurdles, with 27% citing increased compliance complexity due to evolving AI regulations. Sriram Changali of EY-Parthenon notes, “AI has moved beyond the technology function to shape decisions across customer value, strategy, finance, and innovation.”
Talent strategies are also evolving, with 43% of Singaporean CEOs anticipating large-scale reskilling to integrate AI capabilities. Despite fears of AI-driven job reductions, only 18% foresee a decrease in hiring.
As for strategic deals, 88% of Singaporean CEOs plan to pursue mergers and acquisitions (M&A) with a focus on AI capabilities and long-term strategic fit. Singapore remains a top investment destination, followed by China and Malaysia. Geophin George of EY-Parthenon highlights the shift towards strategic alliances and selective M&A, driven by the need for AI capability and strategic alignment.
