News archive

21 May 2025 09:00

PwC commits over US$4 million in new AI Hub in Singapore; The AI Hub is supported by the Singapore Economic Development Board

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

30 April 2025 08:00

AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

AI’s potential to boost global growth hinges not just on its capabilities, but on ability to deploy it responsibly and earn society’s trust. However, physical climate risks could leave the global economy nearly 7% smaller in 2035 than it would have been otherwise. New cross-industry ways of working will allow companies to seize growth opportunities. To support clients in this new environ

30 April 2025 07:58

PwC unveils new brand positioning that better reflects how the network mobilises experience and technology to support clients

For immediate release. SINGAPORE, 29 April 2025 – PwC has today unveiled a new brand positioning, visual and verbal identity. This will be brought to life through an advertising campaign called ‘So You Can’.

PwC’s new brand positioning and identity better reflects how it works today to support clients to unlock and protect value to ensure its identity provides the right platform f

26 March 2025 15:05

PwC Singapore’s report: Singapore’s sustainability legal services market set to triple in value by 2033

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

19 February 2025 14:18

PwC’s response to Singapore Budget 2025 on 18 February

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

19 February 2025 14:18

PwC’s response to Singapore Budget 2025 on 18 February

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

16 January 2025 09:30

PwC Singapore and SBF call for greater support to build globally competitive and sustainable businesses, upskill workforce through enterprises and alleviate business cost

Thursday, 16 January 2025 [Singapore] – PwC Singapore and the Singapore Business Federation (SBF) are pleased to present our joint Budget 2025 Proposal titled “Forging Ahead with Confidence in Uncertain Times” aimed at fostering resilience and growth for Singapore against a backdrop of global uncertainties.
AREAS OF FOCUS FOR SINGAPORE IN 2025

2 As the nation celebrates its 60

23 December 2024 09:45

Strong net zero commitment among Asia Pacific companies with improved GHG emissions disclosures: PwC and NUS Business School

Majority on path to underpin commitments with verified science-based targets
Of the 700 companies studied: 53% (371 companies) have set net zero commitments, up from 47% (329 companies) from last year’s report 37% of these 371 companies with net zero targets have described their targets as science-based, but only 18% have had their net zero targets verified by the Science Based Target ini

4 December 2024 15:00

PwC 2024 Global Investor Survey reveals top investor concerns for Singapore: Macroeconomic volatility, cyber risks, and geopolitical conflict

Around eight in 10 investing in Singapore urge companies to invest in both AI and talent
Respondents who invest in Singapore rank macroeconomic volatility (51%), cyber risks (49%), and geopolitical conflicts (45%) as top concerns, while globally, cyber risks (36%) and geopolitical conflicts (36%) are the main worries More than half of respondents investing in Singapore expect significant incr

19 November 2024 16:10

80% of asset and wealth managers say AI will fuel revenue growth while ‘tech-as-a-service' could see 12% boost to revenues by 2028: PwC 2024 Asset & Wealth Management Report

Almost three-fourths (73%) of asset and wealth management (AWM) organisations say AI is seen as the most transformational technology over the next 2-3 years 81% are contemplating strategic partnerships, consolidations, or mergers and acquisitions (M&A) to enhance technological capabilities and build an ‘extended tech ecosystem’ Global assets under management (AUM) projected by PwC to hit U

27 September 2024 10:59

​​​PwC South East Asia Consulting establishes Centre of Excellence to drive Business AI Innovation in Southeast Asia 

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

11 September 2024 05:00

PwC first to bring legal Generative AI solutions to clients in Singapore

For immediate release - Singapore, 11 September 2024: PwC is excited to announce exclusive alliances with two leading generative artificial intelligence (GenAI) companies, Harvey and ContractPodAi, at this year’s TechLaw Fest. These alliances are part of NewLaw’s (PwC’s legal business arm) strategy to deliver new efficiencies to legal clients in Singapore, and PwC is the first professional ser