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  • PwC’s response to Singapore Budget 2023

    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

  • PwC’s response to Singapore Budget 2023

    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

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

    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

  • PwC’s transparency report reaffirms firm’s commitment to audit quality, sustainability and upskilling

    PwC’s transparency report reaffirms firm’s commitment to audit quality, sustainability and upskilling

    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

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

    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

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

    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

  • ESG-focused institutional investment seen soaring 84% globally to US$33.9 trillion in 2026, making up 21.5% of assets under management: PwC report

    ESG-focused institutional investment seen soaring 84% globally to US$33.9 trillion in 2026, making up 21.5% of assets under management: PwC report

    For immediate release - Singapore, 13 October 2022 – Asset managers globally are expected to increase their ESG-related assets under management (AuM) to US$33.9tn by 2026, from US$18.4tn in 2021. With a projected compound annual growth rate (CAGR) of 12.9%, ESG assets are on pace to constitute 21.5% of total global AuM in less than 5 years. In Asia Pacific, 80% of the asset managers surveyed plan

  • PwC welcomes 11 new partners in Singapore

    PwC welcomes 11 new partners in Singapore

    For immediate release - Singapore, 1 July 2022 - PwC is pleased to welcome 11 new partners to our partnership in Singapore. We are excited to have this diverse group lead our teams in the new financial year as we look forward to working together to make change happen and reimagine the possible with our people and our clients.
    The COVID-19 pandemic has changed the way businesses work, and have

  • PwC report: One in five in Singapore workers looking to switch jobs over next 12 months

    PwC report: One in five in Singapore workers looking to switch jobs over next 12 months

    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

  • COVID-19 proves to be double-edged sword for family businesses in Asia Pacific and Asean: PwC

    COVID-19 proves to be double-edged sword for family businesses in Asia Pacific and Asean: PwC

    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

  • Translating sustainability and climate commitments into action: PwC and NUS Asia Pacific sustainability reporting study reveals what’s next for businesses

    Translating sustainability and climate commitments into action: PwC and NUS Asia Pacific sustainability reporting study reveals what’s next for businesses

    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

  • The race to digital money is on – PwC’s 2022 CBDC Global Index shows which central banks are in the lead

    The race to digital money is on – PwC’s 2022 CBDC Global Index shows which central banks are in the lead

    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

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