News archive

5 April 2022 07:01

The race to digital money is on – PwC’s 2022 CBDC Global Index shows which central banks are in the lead

For immediate release - SINGAPORE, 5 April 2022 – The future of money is digital. It is estimated that more than 80% of central banks are considering launching a central bank digital currency (CBDC) or have already done so* The 2022 PwC CBDC Global Index analyses and ranks the top retail and wholesale CBDC projects. The Index evaluates the current stage of CBDC project development also taking int

18 February 2022 18:33

PwC’s response to Singapore Budget 2022

For immediate release - Singapore, 18 February 2022 – The following comments are responses from PwC Singapore on the Singapore Budget 2022:

"Leading enterprises through transformation in times of disruption like what we are experiencing today, requires new and different leadership skills. Leaders will need to navigate through complexities and ambiguity, without necessarily having all th

11 January 2022 11:02

PwC Singapore’s Budget 2022 proposals to support Singapore’s growth as an Active economy, Beautiful society and Clean environment

Growing Singapore as a vibrant hub for sustainability and carbon services Investing growth in HealthTech and the New Health Economy Helping companies mitigate cybersecurity and data security risks
Singapore, 11 January 2022 – Ahead of the Singapore Budget 2022, PwC Singapore has released its Proposals for Budget 2022. These recommendations have been provided to the Ministry of Finance for con

15 December 2021 10:00

PwC announces establishment of Audit Advisory Board in Singapore

Singapore, 15 December 2021 - PwC Singapore today announced the establishment of an Audit Advisory Board that will provide guidance and challenge related to transparency and audit quality at the firm. The Board will be officially effective on 1 January 2022.
The Board currently consists of two independent members who will advise the firm on a range of matters including PwC’s audit systems and p

9 December 2021 19:21

PwC launches Asia Pacific Centre for Sustainability Excellence in Singapore

Centre officially launched by Ms Grace Fu, Minister for Sustainability and the Environment Centre aims to support organisations across Asia Pacific in achieving ESG excellence across decarbonisation, managing climate risk, sustainable finance and investment, sustainability report and assurance, etc. Singapore Low Carbon Network also launched in support of the Singapore Green Plan 2030

Si

25 November 2021 15:16

Upbeat Sentiment and Undeployed Capital Prop-Up APAC’s Recovery, says ULI’s Emerging Trends in Real Estate® Report. Tokyo Overtakes Singapore as Top-Ranked Investment Prospect

SINGAPORE (24 November 2021) – Upbeat sentiment and the growing glut of undeployed capital are expected to provide a lifeline to the strong revival of Asia Pacific’s real estate markets next year, according to the 2022 Emerging Trends in Real Estate ® Asia Pacific report. The 16th edition of the regional real estate forecast report is jointly published by the Urban Land Institute (ULI) – the world

3 November 2021 12:01

Global carbon pricing could pay for itself while cutting emissions by 12%, says new report from PwC and the World Economic Forum

Singapore, 3 November 2021 - An international carbon price floor (ICPF) for carbon dioxide and other greenhouse gas (GHG) emissions could spur greater emissions reduction to help address the global climate crisis. But how big are the emissions reductions it would create? And how would it impact the global economy?
A new report by PwC and the World Economic Forum, “Climate Ambition: Analysis of

21 September 2021 13:46

Asia Food Challenge Report 2021 highlights additional US$750 billion needed by 2030 to satisfy fast-evolving tastes and demands of Asian consumers

Investment opportunity highlighted is on top of existing levels reported in the inaugural report in 2019 – bringing the total investment required to US$1.55 trillion over the next decade The New Asian Consumer is demanding healthier, safer and more sustainable foods, accounting for US$2.4 trillion in incremental food spending by 2030 Companies focused on health-based products have achieved valuat

8 September 2021 07:01

PwC’s climate targets validated by SBTi

SBTi Validation Affirms PwC’s approach and timeline to achieve net zero 2030 commitment Commitment includes a 50% absolute reduction in business travel emissions
Singapore, September 8, 2021 — Today, PwC announced it received validation for its science-based targets and reaffirmed its commitment to achieve net zero greenhouse gas (GHG) emissions by 2030.
The Science Based Targets initiati

8 July 2021 10:00

Trust in AI needed to boost adoption

PwC Singapore and BasisAI collaborate to bring together PwC’s trust expertise and Basis AI’s technology solutions as a compelling market solution
Singapore, 8 July 2021 -- PwC Singapore and responsible artificial intelligence firm, BasisAI, are collaborating in a bid to increase trust in the use of AI through a Responsible AI framework and platform that aims to increase the level of transparenc

1 July 2021 10:38

PwC Singapore reveals details of new strategy: The New Equation

S$50 million investment over the next five years Commitments include new ESG Centre of Excellence in Singapore Expansion of capabilities will include new hires and upskilling of partners and staff in areas like ESG, digital transformation, among others

Singapore, 1 July 2021 — Today, PwC Singapore unveiled details of the local strategy and commitments as part of The New Equation, PwC’s la

16 June 2021 09:43

PwC announces new strategy: The New Equation

- US$12 billion investment over the next five years, creating over 100,000 new jobs - Initial commitments include new ESG Centres of Excellence, Leadership Institutes, accelerated deployment of emerging technologies and increased investment to support audit quality - Strategy focuses on helping clients build trust and deliver sustained outcomes