Southeast Asia poised with more M&A opportunities in near-to-medium term 17:58 | 07/04/2021 Optimistic about business recovery, Southeast Asia is the epicentre for growth opportunities among corporates in the region The survey of more than 2,400 executives in 52 countries, including 185 respondents across Southeast Asia (Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) found strong optimism among the surveyed business executives, as they expect a recovery in profitability to pre-pandemic levels by 2022 (59 per cent) or even 2021 (12 per cent). Respondents believe that the key areas where their organisations have outperformed during the pandemic include operational stability (66 per cent); digital transformation (54 per cent); and engagement with local communities (53 per cent). Conversely, innovation of new products and services (54 per cent) scored the highest in underperformance.