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

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

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

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

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

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

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

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

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

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

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

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

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

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

PwC report: One in five in Singapore workers looking to switch jobs over next 12 months

PwC report: One in five in Singapore workers looking to switch jobs over next 12 months

Employees seek fairer financial rewards, greater transparency, job fulfilment and hybrid working arrangements
Only 12% of Singapore employee surveyed strongly agree that their jobs are fulfilling 29% say they will likely ask for a pay raise; only 31% say they are fairly rewarded More than half express concerns around lack of learning and upskilling opportunities Approximately half of workers i

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

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

Translating sustainability and climate commitments into action: PwC and NUS Asia Pacific sustainability reporting study reveals what’s next for businesses

Translating sustainability and climate commitments into action: PwC and NUS Asia Pacific sustainability reporting study reveals what’s next for businesses

84% of companies reported climate change as a sustainability issue, but less than half demonstrated integrating climate risks and measures in their operations Disclosures on sustainability training and the linkage of the environment, social and corporate governance (ESG) performance to leaders’ remuneration can be improved Significant opportunities remain for companies to build greater trust with

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

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

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

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

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