News archive

25 June 2024 07:01

Workers in Singapore embrace AI and prioritise skills growth amid rising workloads and an accelerating pace of change: PwC's 2024 Global Workforce Hopes & Fears Survey

Almost half of workers in Singapore (47% vs 45% globally) say their workload has increased significantly in the past year, as around two-thirds (68% in Singapore vs 62% globally) say the pace of change at work has increased over the same timeOne-third in Singapore (34% vs 28% globally) say they are very or extremely likely to switch employer in the next 12 months – a higher proportion than during

6 June 2024 09:54

GenAI holds promise for family business, but critical gaps remain: PwC’s Global NextGen Survey 2024 - Asia Pacific Highlights

73% of NextGen in Asia Pacific believe that generative AI (GenAI) is a powerful force for transformation, but many question the ability of their family business to capitalise on it Only 8% of family business in Asia Pacific have adopted GenAI, while 56% have yet to explore the technology A mere 9% of Asia Pacific family businesses have established protocols on the responsible use of emerging tec

5 June 2024 14:52

Uplifting data literacy and transformation in the logistic sector with new executive certificate programme

For immediate release, Singapore, 5 June 2024 - SMU Academy, the professional training arm of Singapore Management University (SMU), in collaboration with PwC Singapore and The Logistics Academy (TLA), today announced the launch of Executive Certificate in Successful Data Transformation for the Logistics Sector. This industry-specific programme is designed to equip about 60 professionals each year

29 February 2024 15:04

PwC Receives SAP® APJ Partner Excellence Award 2024 for RISE with SAP S/4HANA, SAP S/4HANA Public Cloud and Intelligent spend and Business Network

For immediate release - SINGAPORE, 29 Feb 2024 — PwC today announced it received an SAP® APJ Award for Partner Excellence 2024 for outstanding achievement in the fields of RISE with SAP S/4HANA, SAP S/4HANA Public Cloud and Intelligent spend and Business Network. Awards were presented by SAP to the top-performing partners in the Asia Pacific Japan (APJ) region that have made outstanding contribut

16 February 2024 18:35

PwC’s response to Singapore Budget 2024 on 16 February

For immediate release - Singapore, 16 Feb 2024 – The following comments are responses from PwC Singapore on the Singapore Budget 2024:
“The move to introduce a Refundable Investment Credit (RIC) regime is very wise. Singapore needs to remain competitive to continue to attract foreign direct investment. A RIC that is aligned with global standards will enable us to continue attracting high value

19 December 2023 09:06

PwC Singapore's Budget 2024 proposals call for support to uplift businesses, operationalise sustainability and extend care to employees

Singapore can accelerate climate action by giving a leg up to help companies operate more sustainably, and strengthen its food resilience by enabling more economic viability in urban farming A thriving workforce starts with well-supported employees, more care can be extended to Singapore employees In the age of global minimum tax, Singapore can sustain its attractiveness as an international busi

11 December 2023 17:36

Prioritising audit quality, transparency, accountability and talent development in ushering in a new era of audit: PwC’s transparency report 2023

For immediate release - SINGAPORE, 11 December 2023 – Today, PwC Singapore launches its Transparency Report, for the financial year ended 30 June 2023 (FY23).
Building on The New Equation strategy, the firm sets its sights on ushering in a new era of audit, leveraging its human-led and tech-enabled approach to deliver impactful and quality audit outcomes. The report highlights the firm’s commi

1 November 2023 19:31

Multiple Pathways to Decarbonise the Agri-Food Sector in Asia Identified in 2023 Asia Food Challenge Report

Key summary
Agri-food accounts for over a third of global carbon dioxide equivalent emissions, second only to energy. This dynamic is even more pronounced in some regions in Asia, such as South and South East Asia, where it is up to 50% of total emissions. There is the potential to reduce carbon dioxide equivalent emissions from agri-food in Asia by 12% (equivalent to 840 Mt CO2e) ahead of 203

3 July 2023 09:07

PwC welcomes 11 new partners in Singapore

For immediate release - Singapore, 3 July 2023: PwC is delighted to welcome 11 new partners to its partnership in Singapore. Bringing their unique technical and leadership skills as well as in-depth experience to the PwC team, these new partners cover a diverse range of expertise that speak directly to businesses’ needs today - from sustainability to digital and risk, to workforce transformation,

6 June 2023 14:10

New Asia Pacific study reveals overall progress in sustainability reporting but critical gaps remain; PwC and NUS Business School

Overall rise in disclosure of identified climate-related risks and/or opportunities in companies’ sustainability reporting from 77% in 2021 to 88% in 2022 Companies in most jurisdictions do well in having ESG targets (92%), but only 51% are disclosing net zero targets and only 42% have net zero targets based on the Science-Based Targets initiative (SBTi) framework. Only 16% reported having their

9 May 2023 09:30

PwC launches Asia Pacific Marketplace to help clients accelerate digital transformation

For immediate release - Singapore, 9 May 2023 – Digital transformation for businesses is more than a buzzword. However, the question is no longer whether digital can provide value, but rather how it can increase resilience and agility, and reduce cybersecurity and data privacy risk in an increasingly complex business and operating environment.
In response, PwC has embraced an asset-based servic

9 March 2023 10:00

Nearly four in 10 Singapore CEOs believe their companies not viable if they continue on current path: PwC survey

89% of Singapore CEOs surveyed believe global economic growth will decline over the next year Inflation and macroeconomic volatility rank as the top threats for nearly a third of Singapore CEOs in the short-term Over six in 10 Singapore CEOs see changes in customer demands and regulations as the biggest challenges to long-term industry profitability Amid rising costs, 83% of Singapore CEOs do not