PwC Singapore

4 December 2024 15:00

PwC 2024 Global Investor Survey reveals top investor concerns for Singapore: Macroeconomic volatility, cyber risks, and geopolitical conflict

Around eight in 10 investing in Singapore urge companies to invest in both AI and talent
Respondents who invest in Singapore rank macroeconomic volatility (51%), cyber risks (49%), and geopolitical conflicts (45%) as top concerns, while globally, cyber risks (36%) and geopolitical conflicts (36%) are the main worries More than half of respondents investing in Singapore expect significant incr

19 November 2024 16:10

80% of asset and wealth managers say AI will fuel revenue growth while ‘tech-as-a-service' could see 12% boost to revenues by 2028: PwC 2024 Asset & Wealth Management Report

Almost three-fourths (73%) of asset and wealth management (AWM) organisations say AI is seen as the most transformational technology over the next 2-3 years 81% are contemplating strategic partnerships, consolidations, or mergers and acquisitions (M&A) to enhance technological capabilities and build an ‘extended tech ecosystem’ Global assets under management (AUM) projected by PwC to hit U

1 July 2024 08:55

PwC welcomes 12 new partners in Singapore

For immediate release - Singapore, 1 July 2024: PwC is pleased to announce the admission of 12 new partners based in Singapore, the largest cohort the firm has seen in the last five years. The appointment of these exceptional individuals reflects PwC’s efforts to double down on its efforts to grow its community of multidisciplinary solvers. It also underscores the Singapore firm’s commitment to ad

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

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

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 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

14 February 2023 18:38

PwC’s response to Singapore Budget 2023

For immediate release - Singapore, 14 Feb 2023 – The following comments are responses from PwC Singapore on the Singapore Budget 2023:

“The Government has not only ‘sweetened’ the GST vouchers and Assurance Package but also showered additional “love” in the form of various one-off support measures such as Cost-of-Living special payments and U-Save rebates to address the concerns over rising

10 February 2023 16:41

PwC’s response to Singapore Budget 2023

For immediate release - Singapore, 14 February 2023 – The following comments are responses from PwC Singapore on the Singapore Budget 2023:
“The Government has not only ‘sweetened’ the GST vouchers and Assurance Package but also showered additional “love” in the form of various one-off support measures such as Cost-of-Living special payments and U-Save rebates to address the concerns over risin

31 January 2023 09:33

Let change be Singapore’s friend: PwC’s Proposals for Budget 2023

Singapore can yield new economic benefits by strengthening its global relevance in sustainability, the digital economy and international trade The country’s strength as an international business hub can be reaffirmed in the age of global minimum tax Time for Singapore to stand out as a global asset and wealth management centre
For immediate release - Singapore, 31 January 2023 – As Singapore

15 November 2022 09:21

PwC’s transparency report reaffirms firm’s commitment to audit quality, sustainability and upskilling

For immediate release - Singapore, 15 November 2022 – Today, PwC Singapore launches its Transparency Report, for the financial year ended 30 June 2022 (FY22), showcasing the firm’s commitment to maintaining audit quality and transparency. The report describes the policies, systems and processes for ensuring audit quality; the results of key quality monitoring programmes and reviews; and the firm’s

19 October 2022 09:39

Significant potential for integrated regional power grid and electricity market development for ASEAN: PwC

Achieving optimal electrification and supercharging ASEAN’s energy trade requires concerted effort in facilitating infrastructure investment and development across borders
For immediate release - Singapore, 19 October 2022 – As ASEAN faces depleting energy reserves catalysed by climate change while anticipating exponential growth in its electricity demand, an integrated regional renewable powe

18 October 2022 16:56

Cambodia is poised for growth, requiring infrastructure investment to reach potential: PwC report

PwC launches new report to help investors navigate infrastructure investment opportunities in Cambodia
Cambodia is on an upward trajectory of high growth and aims to reach a middle income country status by 2050. Despite a global slowdown in trade due to the pandemic, Cambodia’s exports increased by 16.7% USD17.2bn. This double-digit percentage year-on-year growth in trade has been the main dri

13 October 2022 10:47

ESG-focused institutional investment seen soaring 84% globally to US$33.9 trillion in 2026, making up 21.5% of assets under management: PwC report

For immediate release - Singapore, 13 October 2022 – Asset managers globally are expected to increase their ESG-related assets under management (AuM) to US$33.9tn by 2026, from US$18.4tn in 2021. With a projected compound annual growth rate (CAGR) of 12.9%, ESG assets are on pace to constitute 21.5% of total global AuM in less than 5 years. In Asia Pacific, 80% of the asset managers surveyed plan

22 June 2022 09:18

COVID-19 proves to be double-edged sword for family businesses in Asia Pacific and Asean: PwC

PwC’s NextGen Survey 2022 Asia Pacific and ASEAN highlights
43% of the next generation of family business leaders surveyed in Asia Pacific are more committed to their business than before the pandemic 67% recognise that their business has a responsibility to fight climate change and its related consequences Only 12% say they emphasise cyber security and privacy as a priority for their family b

Topics: Economy, Finance

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