News archive

3 November 2021 12:01

Global carbon pricing could pay for itself while cutting emissions by 12%, says new report from PwC and the World Economic Forum

Singapore, 3 November 2021 - An international carbon price floor (ICPF) for carbon dioxide and other greenhouse gas (GHG) emissions could spur greater emissions reduction to help address the global climate crisis. But how big are the emissions reductions it would create? And how would it impact the global economy?
A new report by PwC and the World Economic Forum, “Climate Ambition: Analysis of

21 September 2021 13:46

Asia Food Challenge Report 2021 highlights additional US$750 billion needed by 2030 to satisfy fast-evolving tastes and demands of Asian consumers

Investment opportunity highlighted is on top of existing levels reported in the inaugural report in 2019 – bringing the total investment required to US$1.55 trillion over the next decade The New Asian Consumer is demanding healthier, safer and more sustainable foods, accounting for US$2.4 trillion in incremental food spending by 2030 Companies focused on health-based products have achieved valuat

8 September 2021 07:01

PwC’s climate targets validated by SBTi

SBTi Validation Affirms PwC’s approach and timeline to achieve net zero 2030 commitment Commitment includes a 50% absolute reduction in business travel emissions
Singapore, September 8, 2021 — Today, PwC announced it received validation for its science-based targets and reaffirmed its commitment to achieve net zero greenhouse gas (GHG) emissions by 2030.
The Science Based Targets initiati

8 July 2021 10:00

Trust in AI needed to boost adoption

PwC Singapore and BasisAI collaborate to bring together PwC’s trust expertise and Basis AI’s technology solutions as a compelling market solution
Singapore, 8 July 2021 -- PwC Singapore and responsible artificial intelligence firm, BasisAI, are collaborating in a bid to increase trust in the use of AI through a Responsible AI framework and platform that aims to increase the level of transparenc

1 July 2021 10:38

PwC Singapore reveals details of new strategy: The New Equation

S$50 million investment over the next five years Commitments include new ESG Centre of Excellence in Singapore Expansion of capabilities will include new hires and upskilling of partners and staff in areas like ESG, digital transformation, among others

Singapore, 1 July 2021 — Today, PwC Singapore unveiled details of the local strategy and commitments as part of The New Equation, PwC’s la

16 June 2021 09:43

PwC announces new strategy: The New Equation

- US$12 billion investment over the next five years, creating over 100,000 new jobs - Initial commitments include new ESG Centres of Excellence, Leadership Institutes, accelerated deployment of emerging technologies and increased investment to support audit quality - Strategy focuses on helping clients build trust and deliver sustained outcomes

7 June 2021 10:32

Pandemic has accelerated digital upskilling, but key groups still missed out - PwC survey

While 51% of workers in Singapore say their digital skills improved during the lockdown, data shows unequal access to career and training opportunities

30 April 2021 09:30

PwC Singapore announces Executive Chairman Elect

Marcus Lam to succeed; Yeoh Oon Jin will retire after 38-years with the firm

7 April 2021 06:01

64% of Singapore family businesses optimistic about growth for 2021; figure jumps to 90% for 2022

However, only 29% of family businesses feel they have strong digital capabilities 35% have developed a sustainability strategy 26% have documented a succession plan
Singapore, 7 April 2021 - In a year where businesses faced unprecedented challenges, Singapore family businesses are confident about turning the corner in the next two years. 64% are expecting growth this year, and a massive 90% e

11 March 2021 21:02

Three-quarters of Singapore CEOs predict a return to growth in 2021

A PwC survey of more than 5,000 CEOs globally reveals record levels of optimism 75% of Singapore CEOs (76% globally) believe global economic growth will improve in 2021 One in three Singapore CEOs are very confident about prospects for revenue growth China leads as the top growth destination in the eyes of Singapore CEOs In the year of COP26, climate change is still not being approached with urge

16 February 2021 20:30

PwC’s response to Budget 2021

Singapore, 16 February 2021 – The following comments are responses from PwC Singapore on the Singapore Budget 2021:
“We must help Singapore corporates get ready for the impending change in international taxation. There is anticipation of more tax disputes and controversies as Governments grapple with their revenue base and the situation is compounded by the shock waves of Covid-19. Every gover

16 December 2020 10:00

PwC Singapore’s Budget 2021 proposals to support Singapore’s economic and digital transformation

Singapore, 16 December 2020 – Ahead of the Singapore Budget 2021, PwC Singapore has released its Proposals to Enhance Singapore’s Economy. These recommendations have been provided to the Ministry of Finance for consideration around the key themes of supporting economic transformation, building a resilient and progressive tax system and cushioning the impact of COVID-19.
Chris Woo, Tax Leader, P