SINGAPORE (Sept 20): On the back of geopolitical uncertainties, a global downturn seems to be inevitable. But the majority of business leaders in Southeast Asia might find themselves caught on the back foot.

According to new research from management consulting firm Bain & Company, some 77% of CEOs and CFOs in the region expect a severe downturn in the region within the next two years.

Yet, only 37% expect a severe effect on their own company, while a mere 20% have significant actions or plans in place.

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