Topics: Studies and reports

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

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

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

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

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

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

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

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

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

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