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Pricewaterhouse survey shows CEOs confident economy will bounce back from covid19
Thursday 11 March 2021
Members of the PwC Trinidad and Tobago team use conference technology to communicate with clients and partners in 2019. In a PwC survey technology firms had a positive outlook for the next 12 months. -
IT IS NO surprise that covid19 was one the number one concern of the 5,000 businesses that participated in the PricewaterhouseCoopers (PwC) 24th annual survey, launched virtually on Thursday. What was truly surprising, according to PwC chairman Bob Moritz, was the optimism which businesses had in the next three years.
Seventy-six per cent of businesses believed that in the next 12 months, the economy would improve. That is a massive jump from 22 per cent recorded in last year’s survey. A little under 40 per cent had the same optimism for the next three years.
Certain defined terms This document comprises the Annual Report and Accounts 2020 for The Hongkong and Shanghai Banking Corporation Limited ( the Bank ) and its subsidiaries (together the group ). References to HSBC , the Group or the HSBC Group within this document mean HSBC Holdings plc together with its subsidiaries. Within this document the Hong Kong Special Administrative Region of the People s Republic of China is referred to as Hong Kong . The abbreviations HK$m and HK$bn represent millions and billions (thousands of millions) of Hong Kong dollars respectively. Cautionary statement regarding forward-looking statements This Annual Report and Accounts contains certain forward-looking statements with respect to the financial condition, results of operations and business of the group.
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This report provides strategists, marketers and senior management with the critical information they need to assess the global management consulting services market as it emerges from the COVID-19 shut down.
The global management consulting services market is expected to grow from $819.79 billion in 2020 to $895.46 billion in 2021 at a compound annual growth rate (CAGR) of 9.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1201.06 billion in 2025 at a CAGR of 8%.
Business community hopeful of 2021 economic improvement barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.