Topics: Economy, Finance

  • 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

  • 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

  • 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

  • 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

  • A threat to the Internet of Things has the greatest potential impact on Singapore organisations, finds PwC

    42 per cent of organisations in Singapore are accelerating cloud adoption Adaptability and critical thinking are key skills when hiring cybersecurity professionals
    Singapore, 14 December 2020 – Against the backdrop of COVID-19, PwC launches the Singapore cut of its Digital Trust Insights series Digital Trust Insights Survey 2021 - Singapore findings - which dives into what’s changing and wha

  • LongHash Ventures welcomes PwC Singapore as knowledge partner

    Singapore, 7 December 2020– Today, LongHash Ventures welcomes PwC Singapore’s Venture Hub as knowledge partner. This collaboration will give the global blockchain accelerator’s network of startups access to PwC Singapore’s solutions and expertise to grow the blockchain ecosystem and help build on the potential of these startups.
    "Since the introduction of blockchain, we have seen a rise in the

  • PwC Singapore’s Venture Hub launches new programme aimed at helping foreign startups enter the Southeast Asian market

    To help startups across the world to accelerate business growth and expand into the Southeast Asian region, PwC Singapore launches a new in-bound programme. The Scale Programme will span across 5 days and will include hands-on masterclasses, mentorship and networking sessions.
    Singapore, 9 October 2020– PwC Singapore launches a new programme to help startups across the world enter the fast

  • PwC welcomes the appointment of Simon Gealy as the CEO of South East Asia Consulting

    Singapore, 1 October 2020– PwC South East Asia Consulting today announced Simon Gealy as their next CEO with effect from 1 October 2020. Simon succeeds Sundara Raj Ramamurthy, who has led the regional business over the last four years.
    Simon brings considerable experience from his extensive work across the region and is well-placed to take the business through its next phase of growth. He was a

  • PwC commits to net zero by 2030, globally

    PwC commits to decarbonise its operations and supply chain, which includes reshaping how it serves clients, sustained reductions in travel and the increased use of zero carbon energy. PwC will embed the implications of climate change and other Environmental, Social and Governance (ESG) related factors across the work it does with clients, from strategy to implementation. PwC will continue to adva

  • Pulling the future forward: The entertainment and media industry reconfigures amid recovery

    Amid a global recession, 2020 will see the sharpest fall in global E&M revenue with a decline of 5.6% from 2019 – more than US$120bn in absolute terms. In Singapore, the expected decline is 5.0% from 2019, valued at approximately US$274mn. While the shockwaves from 2020 will continue to ripple through the global economy, forecast shows the industry’s fundamental growth trajectory remains strong.

  • PwC’s response to the Ministerial Statement on 17 August 2020

    Singapore, 17 August 2020 – The following comments are responses from PwC Singapore to the Ministerial Statement by Deputy Prime Minister Heng Swee Keat on 17 August 2020:
    Dr Wilson Chew, Partner, Entrepreneurial and Private Business (Strategy), PwC Singapore:
    周发财(博士), 企业家客戶部合伙人,普华永道新加坡
    On the impact of the Statement on SMEs - “It remains heartening that the government remains fervent on

  • PwC Singapore launches new initiatives to support the community amidst COVID-19

    ● To help individuals and organisations increase digital acumen and upskill, PwC Singapore is releasing, “Digital Fitness for the World” learning app to the public for free from 8 June 2020 ● PwC also aims to provide support to help SMEs accelerate their digital adoption with dedicated digital advisory services, solutions and upskilling programs tailored for the unique needs of this segment

  • Healthtech Arkansas and PwC Singapore cooperate to bring global healthcare solutions to Arkansas and the United States

    LITTLE ROCK (March 11 2020) 一 HealthTech Arkansas and PwC Singapore will be cooperating to bring HealthTech portfolio companies and supported startups of the PwC Singapore’s Venture Hub to Arkansas to work with the ten Arkansas healthcare providers participating as part of the HealthTech Arkansas provider coalition.
    As part of the cooperation, HealthTech Arkansas will evaluate HealthTech portfo

  • Half of Singapore-based companies impacted by fraud lost at least US$ 1 million

    Singapore, 3 March 2020 - Fraud and economic crime rates remain at record highs, impacting companies in more ways than ever. PwC’s biennial survey of business crime reports that these incidents are costing businesses. Close to one in four respondents reflected that the direct financial losses they experienced amounted to US$50 million or more, with another 31 per cent saying it was between US$1 mi

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