What keeps CEOs awake at night? Top concerns for 2025 revealed

Every September, we look forward to sharing the results of our firm’s Philippine CEO Survey, timed to coincide with the International CEO Conference of the Management Association of the Philippines (MAP).

- TRISSY ROGACION

Now on its 11 year, our survey continues to provide valuable insights into the perspectives of business leaders across the country. This year, 175 CEOs participated, with 67% representing large companies.

Despite headwinds — such as the recent downgrading of the Philippines’ 2025 GDP growth forecast from 6.1% to 5.5% as well as growing concerns about rising commodity prices, it’s encouraging to see that most CEOs remain optimistic about their industries in the coming year, In fact, many expect their companies to achieve revenue growth over the next three years — a hopeful sign for the future.

Beginning last year, we also asked CEOs what keeps them awake at night. Just like the previous year, our CEOs continue to cite geopolitical uncertainty, uncertain economic growth, and workforce issues as their top concerns. Why do these challenges still weigh heavily on their minds despite their overall optimism? More importantly, what can they do to manage these risks?

GEOPOLITICAL UNCERTAINTY

Geopolitical uncertainty remains a major concern for CEOs. The ongoing conflicts between Ukraine and Russia and between Israel and Hamas show no clear signs of ending, and their impact is felt worldwide — from rising fuel prices to disrupted supply chains, inflation, and shaken investor confidence. On top of that, uncertainties around US tariffs are disrupting the business landscape. These factors have led to lost customers, postponed expansion plans, and higher costs for businesses.

Many CEOs see diversification as the obvious solution. In fact, 35% of the CEOs plan to enter a new industry, making this the top strategic move for recovery and growth. Additionally, 28% plan to expand into new markets outside the Philippines.