Employees seek fairer financial rewards, greater transparency, job fulfilment and hybrid working arrangements
Only 12% of Singapore employee surveyed strongly agree that their jobs are fulfilling
29% say they will likely ask for a pay raise; only 31% say they are fairly rewarded
More than half express concerns around lack of learning and upskilling opportunities
Approximately half of workers i
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
Marcus Lam to succeed; Yeoh Oon Jin will retire after 38-years with the firm
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
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
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
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
