Increasing competition and geopolitics temper business confidence: report
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Feature on Corporate Treasurer (April 2025)
With recent geopolitical tensions including the implementation of tariffs across the globe, supply chain resilience has surfaced as a cause of concern for many.
Undoubtedly, our 2025 APAC C-Suite Barometer survey: Cutting through competition, revealed similar findings — emphasising digital transformation, supply chain, and talent as the foremost priorities for APAC executives. Among these priorities, 26% of our executives feel that supply chain challenges would likely stagger growth in 2025 with tariffs largely contributing to this reality. Additionally, 36% of our APAC business leaders identified supply chain disruption as the largest barrier to growth, significantly higher than the global average of 26%.
Our Management Consulting Director, Aidan Khoo, shed light on this matter in an interview with Corporate Treasurer, sharing that the rise of regional hubs allows for greater supply resilience through a multi-location footprint — an alternative to large-scale onshoring.
With businesses ramping up production to attempt beating higher costs in July, Aidan noted that shifting a supply chain is not a quick fix, and timelines depend heavily on the industry, scale, and complexity involved where better scenario planning, regional diversification and strategic investments could further aid in absorbing shocks and capturing new growth opportunities.
"Those businesses who regularly test their supply chain strategies, remain data-driven and invest in capability-building will be better equipped to respond to change and size new opportunities locally across the region," he added.
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