A survey by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants shows that respondents across the Asia-Pacific cited the rise in energy and fuel prices as the most pressing issue facing businesses in the immediate future.
The survey also shows that 72 per cent of senior executives identifying it as the most important factor for their future plans.
The survey, titled Drivers of Change in Asia-Pacific, reveals that Malaysian respondents were more sensitive to rises in fuel and energy costs than other respondents across the region.
It was also revealed that respondents from Malaysia highlighted the increased cost and accessibility of higher education as their second-most critical driver of change in the short term.
This differs to that across the Asia-Pacific, which ranked cyber security challenges for businesses as the second change driver.
Click here to read the full story.
