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PwC’s response to Budget 2020

PwC’s response to Budget 2020

Against the backdrop of COVID-19, this year’s Budget helps to address near-term concerns of affected businesses and households without losing focus on Singapore’s long-term goals of upskilling, innovation, enterprise growth and sustainability.
Singapore, 18 February 2020 – The following comments are responses from PwC Singapore to Singapore Budget 2020, organised into several categories – (1)

PwC named a Leader in the IDC MarketScape for Worldwide Risk Consulting Services

PwC named a Leader in the IDC MarketScape for Worldwide Risk Consulting Services

According to client feedback and IDC MarketScape evaluation, PwC is seen to excel at adapting to changing requirements to the risk consulting business model.
PwC has been named as a Leader in the IDC MarketScape: Worldwide Risk Consulting Services 2019 Vendor Assessment (December 2019, IDC #US43248219) This study is based on a comprehensive framework and set of parameters expected to be most c

PwC’s Academy Introduces New Masterclasses, Supported By SkillsFuture Singapore, To Uplift Capabilities Of Small And Medium-Sized Enterprises (SMEs) In Singapore

PwC’s Academy Introduces New Masterclasses, Supported By SkillsFuture Singapore, To Uplift Capabilities Of Small And Medium-Sized Enterprises (SMEs) In Singapore

23 January 2020 – To help Small and Medium-sized Enterprises (SMEs) build capabilities and achieve their vision of long-term growth, PwC’s Academy in Singapore has launched three new Masterclasses. Supported by SkillsFuture Singapore (SSG), these customised Masterclasses help to address key growth areas for SMEs, which include Strategy and Business Model Innovation, Organisational Leadership, Grow

CEO pessimism over global growth reaches record high

CEO pessimism over global growth reaches record high

● CEOs in every region across the world predict slower economic growth ● Confidence in companies’ own revenue growth lowest since 2009 ● Findings from PwC’s 23rd Annual Global CEO Survey – Singapore report

An encouraging year for Singapore IPOs in 2019: PwC analysis

An encouraging year for Singapore IPOs in 2019: PwC analysis

2019 has been an encouraging year for the Singapore capital market amidst the global uncertainties. Singapore saw a total of 11 Initial Public Offerings (IPOs) on the Singapore Exchange (SGX) with 4 listings on the Mainboard and 7 on the Catalist Board with total fund raised at S$3.07 billion and S$60 million respectively.
These results were published in PwC’s “Equity Capital Markets Watch: Sin

PwC Singapore’s Budget 2020 proposals to enhance Singapore’s economy

PwC Singapore’s Budget 2020 proposals to enhance Singapore’s economy

Singapore, 9 December 2019 - PwC Singapore has released a set of recommendations which were provided to the Ministry of Finance for consideration in relation to the upcoming Singapore Budget 2020. Key themes of PwC Singapore’s “Proposals to Enhance Singapore’s Economy” include encouraging enterprise and innovation, enhancing the tax system, environmental protection, building a Smart Nation and nur

More than half of next generation leaders in family businesses already hold management positions, says PwC

More than half of next generation leaders in family businesses already hold management positions, says PwC

75% of next generation (NextGens) of family businesses are deeply engaged in the business, according to PwC’s Global NextGen Survey 2019 In Singapore, 59% already hold a management role in the business Significant minority do not feel they have a ‘licence to operate’ with 42% saying that their current level of expertise is a major constraint on having the impact they would like to have Current

A third of business leaders in Singapore reducing headcount due to automation

A third of business leaders in Singapore reducing headcount due to automation

As a result of increased automation 31% of businesses in Singapore are reducing headcount and 22% are substantially changing employees’ roles.
One in three Singapore business leaders are not confident of revenue growth over the next 12 months (33%). Half of business leaders in Singapore surveyed by PwC (51%) say advanced automation and AI are top strategic priorities in the next two years.

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