PwC Singapore

19 December 2023 09:06

PwC Singapore's Budget 2024 proposals call for support to uplift businesses, operationalise sustainability and extend care to employees

Singapore can accelerate climate action by giving a leg up to help companies operate more sustainably, and strengthen its food resilience by enabling more economic viability in urban farming A thriving workforce starts with well-supported employees, more care can be extended to Singapore employees In the age of global minimum tax, Singapore can sustain its attractiveness as an international busi

14 February 2023 18:38

PwC’s response to Singapore Budget 2023

For immediate release - Singapore, 14 Feb 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

10 February 2023 16:41

PwC’s response to Singapore Budget 2023

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 risin

31 January 2023 09:33

Let change be Singapore’s friend: PwC’s Proposals for Budget 2023

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

19 October 2022 09:39

Significant potential for integrated regional power grid and electricity market development for ASEAN: PwC

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

18 October 2022 16:56

Cambodia is poised for growth, requiring infrastructure investment to reach potential: PwC report

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

18 February 2022 18:33

PwC’s response to Singapore Budget 2022

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 th

11 January 2022 11:02

PwC Singapore’s Budget 2022 proposals to support Singapore’s growth as an Active economy, Beautiful society and Clean environment

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

15 December 2021 10:00

PwC announces establishment of Audit Advisory Board in Singapore

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

25 November 2021 15:16

Upbeat Sentiment and Undeployed Capital Prop-Up APAC’s Recovery, says ULI’s Emerging Trends in Real Estate® Report. Tokyo Overtakes Singapore as Top-Ranked Investment Prospect

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

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

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

14 December 2020 10:00

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

7 December 2020 10:00

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

10 November 2020 12:00

PwC Singapore maintains audit quality and transparency throughout COVID-19 period

PwC Singapore launches its Transparency Report, for the financial year ended 30 June 2020 (FY20), showcasing the firm’s commitment to maintaining audit quality and transparency.

Topics: Revision, Tax issues