Against the backdrop of slowing global growth, and trade and geopolitical uncertainty, this year’s Budget is focused on sustainability and security through economic transformation via reskilling the workforce digitally, enhancing cyber security and Singapore's position on the global stage.
Date
22 January 2019
Contact
Natalie ChooTel: +65 8722 7545Email: natalie.yl.choo@sg.pwc.comCandy LiTel: +65 8722 7540Email: candy.yt.li@sg.pwc.com
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Singapore, 22 January 2019– The Asia Pacific (APAC) asset and wealth management industry is expected to be the centre for global Assets under management (AuM) growth in the coming years.
Accor
• Uncertainty in global economic growth in almost all countries, caution prevails • Trade conflicts, policy uncertainty, geopolitical issues and skills gap impacting strength of global economy and growth
Launched today, PwC’s ‘Equity Capital Markets Watch – Singapore: 2018 year in review’ found that Singapore’s 2018 performance has fallen from 2017’s stellar showing.
PwC Singapore today released a set of recommendations which were provided to the Ministry of Finance for consideration in relation to the upcoming Singapore Budget 2019.
PwC welcomes two strategic hires in Singapore to boost capability in the Southeast Asian region
SINGAPORE (November 28, 2018) – Singapore is ranked as second top real estate investment market in Asia Pacific as the city-state continues to rebound from cyclical lows of a couple years ago, according to the Emerging Trends in Real Estate Asia Pacific® 2019, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC. Office rents have been rising strongly due to a lack of
• A net 65% (vs 51% across APEC) of Singapore business leaders plan to raise investment levels • Majority (29%) of Singapore business leaders are creating more jobs, but struggling to find the right talent (vs. 34% across APEC) • 58% of Singapore business leaders (vs 65% across APEC) call on governments to do more to develop STEM skills • Rising concerns about moving data across borders
Singapore, 14 November 2018 – Commenting on the decision from today’s IASB meeting, subject to the IASB’s due process, that the IFRS17 insurance accounting standard will be delayed by one year and the extension of the deferral of IFRS 9 to the same date, Alex Bertolotti, Global IFRS17 leader at PwC, said:
“Today’s announcement of a one-year delay to the implementation of IFRS17 will be welcomed
• Singapore's family owners have a strong desire to keep leadership and decision-making within the family, with 68% of respondents (vs 67% in Asia pacific and 65% globally) now having a next gen in the business • Despite this only 8% surveyed in Singapore (vs 12% in Asia Pacific and 15% globally) have a succession plan, a decline from 2016 figures of 10% (vs 13% in Asia Pacific and 15% globally)
While the majority of businesses recognise which capabilities are important for their future success, many are failing to take the actions needed today to build or even introduce them into their organisations. These actions include using data analytics to make workforce decisions and creating a compelling work experience for employees.
Date
30 October 2018
Contact
Charlene LokeTel: +65 8729 0388E-mail: charlene.hs.loke@sg.pwc.comCandy LiTel: +65 8722 7540E-mail: candy.yt.li@sg.pwc.com
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Singapore, 30 October 2018 – Recognising the importance of board diversity, the recent revision to Singapore’s Code of Corporate Governance (“Code”) on 6 August 2018 now requires listed compan
