For immediate release - Singapore, 14 February 2023 – The following comments are responses from PwC Singapore on the Singapore Budget 2023:“The Government has not only ‘sweetened’ the GST vouchers and Assurance Package but also showered additional “love” in the form of various one-off support measures such as Cost-of-Living special payments and U-Save rebates to address the concerns over rising in
Singapore can yield new economic benefits by strengthening its global relevance in sustainability, the digital economy and international trade
The country’s strength as an international business hub can be reaffirmed in the age of global minimum tax
Time for Singapore to stand out as a global asset and wealth management centre
For immediate release - Singapore, 31 January 2023 – As Singapore
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 borders
For 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
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 the answer
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
Centre officially launched by Ms Grace Fu, Minister for Sustainability and the Environment
Centre aims to support organisations across Asia Pacific in achieving ESG excellence across decarbonisation, managing climate risk, sustainable finance and investment, sustainability report and assurance, etc.
Singapore Low Carbon Network also launched in support of the Singapore Green Plan 2030
Singap
SINGAPORE (24 November 2021) – Upbeat sentiment and the growing glut of undeployed capital are expected to provide a lifeline to the strong revival of Asia Pacific’s real estate markets next year, according to the 2022 Emerging Trends in Real Estate ® Asia Pacific report. The 16th edition of the regional real estate forecast report is jointly published by the Urban Land Institute (ULI) – the world
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
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
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
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 landma
- 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
While 51% of workers in Singapore say their digital skills improved during the lockdown, data shows unequal access to career and training opportunities
