Categories: Emerging-trends-in-real-estate-asia-pacific

26 March 2025 15:05

PwC Singapore’s report: Singapore’s sustainability legal services market set to triple in value by 2033

The sustainability legal services market is projected to grow at a compound annual growth rate (CAGR) of 10% per annum, reaching S$450 million to S$500 million by 2033, up from an estimated S$140 million to S$180 million in 2023 Key areas expected to drive the growth of sustainability legal services include green finance, capital and infrastructure projects, and technologies and digital innovatio

19 February 2025 14:18

PwC’s response to Singapore Budget 2025 on 18 February

For immediate release - Singapore, 18 Feb 2025 – The following comments are responses from PwC Singapore on the Singapore Budget 2025:

"We are glad that the government has heard the clarion call of businesses to help them with business costs and has provided a 50% corporate income tax rebate at the same quantum as last year. Companies should make the most of the corporate income tax rebate

19 February 2025 14:18

PwC’s response to Singapore Budget 2025 on 18 February

For immediate release - Singapore, 18 Feb 2025 – The following comments are responses from PwC Singapore on the Singapore Budget 2025:

"We are glad that the government has heard the clarion call of businesses to help them with business costs and has provided a 50% corporate income tax rebate at the same quantum as last year. Companies should make the most of the corporate income tax rebate

16 January 2025 09:30

PwC Singapore and SBF call for greater support to build globally competitive and sustainable businesses, upskill workforce through enterprises and alleviate business cost

Thursday, 16 January 2025 [Singapore] – PwC Singapore and the Singapore Business Federation (SBF) are pleased to present our joint Budget 2025 Proposal titled “Forging Ahead with Confidence in Uncertain Times” aimed at fostering resilience and growth for Singapore against a backdrop of global uncertainties.
AREAS OF FOCUS FOR SINGAPORE IN 2025

2 As the nation celebrates its 60

23 December 2024 09:45

Strong net zero commitment among Asia Pacific companies with improved GHG emissions disclosures: PwC and NUS Business School

Majority on path to underpin commitments with verified science-based targets
Of the 700 companies studied: 53% (371 companies) have set net zero commitments, up from 47% (329 companies) from last year’s report 37% of these 371 companies with net zero targets have described their targets as science-based, but only 18% have had their net zero targets verified by the Science Based Target ini

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

27 September 2024 10:59

​​​PwC South East Asia Consulting establishes Centre of Excellence to drive Business AI Innovation in Southeast Asia 

PwC South East Asia Consulting announced the establishment of an AI Centre of Excellence (CoE) in Southeast Asia (SEA) to better support customers in the region. Developed in collaboration with SAP in Southeast Asia, the CoE, will focus on the key principles of Business AI defined by SAP that include delivering relevant, reliable and responsible AI.
SAP Business AI is built into the SAP a

11 September 2024 05:00

PwC first to bring legal Generative AI solutions to clients in Singapore

For immediate release - Singapore, 11 September 2024: PwC is excited to announce exclusive alliances with two leading generative artificial intelligence (GenAI) companies, Harvey and ContractPodAi, at this year’s TechLaw Fest. These alliances are part of NewLaw’s (PwC’s legal business arm) strategy to deliver new efficiencies to legal clients in Singapore, and PwC is the first professional ser

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

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

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