Family businesses are highly relevant to the Singapore Chinese Chamber of Commerce & Industry (SCCCI). Many of the SCCCI’s council members and members belong to family businesses. In this context, the SCCCI and PwC are signing an MOU to collaborate on an in-depth study into the key issues and challenges relating to family businesses.
A new PwC report-Digital advertising in Singapore: mind the gap — finds that there is a significant “media gap” here. Despite Singapore being one of the most digitally connected populations with the highest smartphone penetration (85%) in the world, the level of online advertising is well below international averages. Report suggests four inhibitors hindering the adaptation of online advertising.
PwC’s landmark report titled ‘Future of India – The Winning Leap’ was launched in Singapore at a breakfast briefing today.In attendance were Her Excellency Ms Vijay Thakur Singh, Indian High Commissioner to Singapore, Yeoh Oon Jin, Executive Chairman, PwC Singapore, Shashank Tripahti, Strategy Leader,PwC India, and leaders from the local and India business communities.
PwC Singapore and the Singapore Business Federation (SBF) jointly organise roundtable for business leaders in Singapore
Singapore is viewed favorably in terms of investment and development prospects next year, according to Emerging Trends in Real Estate® Asia Pacific 2015, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC. However, its ninth place ranking – down from seventh place in 2014 – indicates that it has lost some of its appeal for investors, according to the report.
PwC Singapore today released a set of recommendations which were provided to the MOF and MAS for consideration in relation to the upcoming Singapore Budget 2015. As Singapore celebrates her 50th birthday, Budget 2015 should be a pillar for the next 50 years of Singapore’s growth and development.Measures that have served Singapore well will need to evolve in the light of today’s environment.
India is on the cusp of major change. PwC’s landmark report titled ‘Future of India – The Winning Leap’ launched today in India revealed the winning solutions required to lead India to unprecedented economic growth coupled with radical improvements in the Human Development Index (HDI) over the next two decades.
Now in its tenth year as part of the World Bank Doing Business project; Paying Taxes is a unique study which investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes. The report is expected to be a catalyst for discussion with tax authorities, governments, and businesses about tax systems and how they can be reformed. Singapore ranks 5
Confidence among CEOs in Asia Pacific continues to get stronger, a new report by PwC finds. 46% of executives in the region now say they are “very confident” of growth in the next 12 months, up 10 points from 2012 and 4 points from last year, despite slowing growth in China. Study also finds China, US, Indonesia, Hong Kong-China, Singapore top investment destinations.
Professional services firm PwC has emerged as Singapore’s Most Popular Employer among local students and university graduates for the fourth consecutive year, according to an annual survey of over 7,100 university students. PwC Singapore was awarded Graduate Employer of the Year, Top Employer in the Accounting & Financial Management and Consulting sectors.
PwC and Google Inc. (NASDAQ: GOOG, GOOGL) today announced the launch of a joint business relationship to bring new and innovative services to companies around the world. The rapid pace of innovation in technology has fundamentally changed how and where work gets done, driving organizations to transform their businesses for the future. Together, PwC and Google can help that transformation happen.
Family businesses must adapt faster, innovate sooner and become more professional in the way they run their operations if they are to remain successful. These are just some findings of the latest PwC survey of 2,378 family business executives in more than 40 countries worldwide. The report, titled Up close and professional: the family factor, is PwC’s seventh survey of family businesses globally.
PwC’s 2014 global treasury survey looks at how, in the years following the financial crisis, treasury teams have increased their impact across the organisation. The survey findings support the need for redefining ‘treasury’ as an enterprise wide process and no longer as a department, in line with those from a similar survey embarked on earlier this year that focused on Corporate Treasuries in Asia
Landmark analysis report titled Towards more relevant reporting finds that annual reports of many companies in Singapore already have some components required by the Integrated Reporting (<IR>) framework such as information about strategy, business model and risks, but they would need to link these elements better to holistically communicate a more relevant value creation story to stakeholders.
PwC has published 'Worldwide Tax Summaries - Corporate Taxes 2014/15,' its latest compendium of worldwide corporate tax rates and rules. The guide features over 150 country summaries,including key information on income taxes, residency, income determination, deductions, group taxation, credits and incentives, withholding taxes, indirect taxes, and tax administration.
The BEPS project marks the most significant change to international tax in modern times. Today's announcements will have a big impact on global companies, whether through greater compliance demands or impacting how they are structured. Despite many expecting the proposals to be watered down to achieve consensus, the first part of the OECD's ambitious package has been delivered on time and intact.
Economic crime against businesses continues to rise globally. Some 24% of Singapore respondents say they have been victims of economic crime, according to the Singapore edition of PwC's 2014 Global Economic Crime Survey. 80% of Singapore-based companies experiencing economic crime encountered asset misappropriation, 15% fell victim to cybercrime and 15% experienced bribery and corruption.