KPMG - A New Era for Business

The intensity and rate of development of technological innovations in the economy are turning points for the business sector. This is the opinion of the majority of the CEOs who participated in the annual KPMG survey, The Global CEO Outlook.

“Last year was a year of big changes in the global economy, though these changes were more negative than positive. Last year will be remembered for the long-term meltdown of the stock market in China and a “successful” cyber-attack on the Central Bank of Bangladesh. However, CEOs globally appear cautiously optimistic. Despite significant challenges ranging from new market entrants to cybersecurity, CEOs remain focused on growth. They believe that the next three years will be critical for both their own businesses and related sectors of the economy as a whole. Many CEOs agree that business transformation is no longer a one-time process after which one can work quietly for a few years. Transformation now is an ongoing process,” comments Mukhit Kossayev, Audit Partner, Head of Oil & Gas Practice, KPMG in Kazakhstan and Central Asia.

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