For immediate release - Singapore, 12 Feb 2026 – The following comments are responses from PwC Singapore on the Singapore Budget 2026:
On AI
"To harness the potential of AI, the Singapore Government is supporting local businesses to defray costs of adopting AI by offering 400% tax deductions on qualifying AI expenditure capped at $50,000 through the Enterprise Innovation Scheme. While this
SINGAPORE, 21 May 2025 – PwC has today launched a new AI Hub aimed at establishing standards to introduce AI technology, develop and scale local AI capabilities, and foster strategic alliances for market entry. A part of the AI Hub is a commitment to invest in the setup of an AI factory to facilitate the efficient development and scaling of impactful AI solutions. To date, some industries that the
The sustainability legal services market is projected to grow at a compound annual growth rate (CAGR) of 10% per annum, reaching S$450 million to S$500 million by 2033, up from an estimated S$140 million to S$180 million in 2023 Key areas expected to drive the growth of sustainability legal services include green finance, capital and infrastructure projects, and technologies and digital innovatio
For immediate release - Singapore, 18 Feb 2025 – The following comments are responses from PwC Singapore on the Singapore Budget 2025:
"We are glad that the government has heard the clarion call of businesses to help them with business costs and has provided a 50% corporate income tax rebate at the same quantum as last year. Companies should make the most of the corporate income tax rebate to m
For immediate release - Singapore, 18 Feb 2025 – The following comments are responses from PwC Singapore on the Singapore Budget 2025:
"We are glad that the government has heard the clarion call of businesses to help them with business costs and has provided a 50% corporate income tax rebate at the same quantum as last year. Companies should make the most of the corporate income tax rebate to m
PwC South East Asia Consulting announced the establishment of an AI Centre of Excellence (CoE) in Southeast Asia (SEA) to better support customers in the region. Developed in collaboration with SAP in Southeast Asia, the CoE, will focus on the key principles of Business AI defined by SAP that include delivering relevant, reliable and responsible AI.
SAP Business AI is built into the SAP a
For immediate release - Singapore, 16 Feb 2024 – The following comments are responses from PwC Singapore on the Singapore Budget 2024:“The move to introduce a Refundable Investment Credit (RIC) regime is very wise. Singapore needs to remain competitive to continue to attract foreign direct investment. A RIC that is aligned with global standards will enable us to continue attracting high value econ
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
For immediate release - SINGAPORE, 11 December 2023 – Today, PwC Singapore launches its Transparency Report, for the financial year ended 30 June 2023 (FY23).
Building on The New Equation strategy, the firm sets its sights on ushering in a new era of audit, leveraging its human-led and tech-enabled approach to deliver impactful and quality audit outcomes. The report highlights the firm’s commi
Key summary
Agri-food accounts for over a third of global carbon dioxide equivalent emissions, second only to energy. This dynamic is even more pronounced in some regions in Asia, such as South and South East Asia, where it is up to 50% of total emissions.
There is the potential to reduce carbon dioxide equivalent emissions from agri-food in Asia by 12% (equivalent to 840 Mt CO2e) ahead of 203
For immediate release - Singapore, 3 July 2023: PwC is delighted to welcome 11 new partners to its partnership in Singapore. Bringing their unique technical and leadership skills as well as in-depth experience to the PwC team, these new partners cover a diverse range of expertise that speak directly to businesses’ needs today - from sustainability to digital and risk, to workforce transformation,
For immediate release - Singapore, 9 May 2023 – Digital transformation for businesses is more than a buzzword. However, the question is no longer whether digital can provide value, but rather how it can increase resilience and agility, and reduce cybersecurity and data privacy risk in an increasingly complex business and operating environment.
In response, PwC has embraced an asset-based servic
89% of Singapore CEOs surveyed believe global economic growth will decline over the next year Inflation and macroeconomic volatility rank as the top threats for nearly a third of Singapore CEOs in the short-term Over six in 10 Singapore CEOs see changes in customer demands and regulations as the biggest challenges to long-term industry profitability Amid rising costs, 83% of Singapore CEOs do not
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
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
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
Date
26 January 2018
Contact
Natalie ChooMobile: +65 8722 7545E-mail: natalie.yl.choo@sg.pwc.comCandy LiMobile: +65 8722 7540E-mail: candy.yt.li@sg.pwc.com
Singapore, 26 January 2018 – The rising threat of climate change and the need for sustainability are driving an increase in renewable energy (RE) investments. PwC’s new report highlights the substantial investment in RE in
• 72% of ASEAN business leaders expect their global footprint to expand over the next three years (61% in Singapore, 63% across APEC) • 58% plan to increase business investments in 2018 (62% in Singapore) • 73% reprioritising their allocation of investments to foreign markets (64% in Singapore) • 58% automating some functions in their workforce (64% in Singapore)
