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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
Achieving optimal electrification and supercharging ASEAN’s energy trade requires concerted effort in facilitating infrastructure investment and development across bordersFor 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
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
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
For immediate release - Singapore, 1 July 2022 - PwC is pleased to welcome 11 new partners to our partnership in Singapore. We are excited to have this diverse group lead our teams in the new financial year as we look forward to working together to make change happen and reimagine the possible with our people and our clients. The COVID-19 pandemic has changed the way businesses work, and have
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
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
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
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
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
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
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
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