Topics: Business enterprise

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

    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

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

    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

  • PwC’s response to Singapore Budget 2025 on 18 February

    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

  • 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

    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

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

    ​​​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

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

    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

  • PwC welcomes 12 new partners in Singapore

    PwC welcomes 12 new partners in Singapore

    For immediate release - Singapore, 1 July 2024: PwC is pleased to announce the admission of 12 new partners based in Singapore, the largest cohort the firm has seen in the last five years. The appointment of these exceptional individuals reflects PwC’s efforts to double down on its efforts to grow its community of multidisciplinary solvers. It also underscores the Singapore firm’s commitment to ad

  • Workers in Singapore embrace AI and prioritise skills growth amid rising workloads and an accelerating pace of change: PwC's 2024 Global Workforce Hopes & Fears Survey

    Workers in Singapore embrace AI and prioritise skills growth amid rising workloads and an accelerating pace of change: PwC's 2024 Global Workforce Hopes & Fears Survey

    Almost half of workers in Singapore (47% vs 45% globally) say their workload has increased significantly in the past year, as around two-thirds (68% in Singapore vs 62% globally) say the pace of change at work has increased over the same timeOne-third in Singapore (34% vs 28% globally) say they are very or extremely likely to switch employer in the next 12 months – a higher proportion than during

  • GenAI holds promise for family business, but critical gaps remain: PwC’s Global NextGen Survey 2024 - Asia Pacific Highlights

    GenAI holds promise for family business, but critical gaps remain: PwC’s Global NextGen Survey 2024 - Asia Pacific Highlights

    73% of NextGen in Asia Pacific believe that generative AI (GenAI) is a powerful force for transformation, but many question the ability of their family business to capitalise on it Only 8% of family business in Asia Pacific have adopted GenAI, while 56% have yet to explore the technology A mere 9% of Asia Pacific family businesses have established protocols on the responsible use of emerging tec

  • Uplifting data literacy and transformation in the logistic sector with new executive certificate programme

    Uplifting data literacy and transformation in the logistic sector with new executive certificate programme

    For immediate release, Singapore, 5 June 2024 - SMU Academy, the professional training arm of Singapore Management University (SMU), in collaboration with PwC Singapore and The Logistics Academy (TLA), today announced the launch of Executive Certificate in Successful Data Transformation for the Logistics Sector. This industry-specific programme is designed to equip about 60 professionals each year

  • PwC Receives SAP® APJ Partner Excellence Award 2024 for RISE with SAP S/4HANA, SAP S/4HANA Public Cloud and Intelligent spend and Business Network

    For immediate release - SINGAPORE, 29 Feb 2024 — PwC today announced it received an SAP® APJ Award for Partner Excellence 2024 for outstanding achievement in the fields of RISE with SAP S/4HANA, SAP S/4HANA Public Cloud and Intelligent spend and Business Network. Awards were presented by SAP to the top-performing partners in the Asia Pacific Japan (APJ) region that have made outstanding contribut

  • PwC’s response to Singapore Budget 2024 on 16 February

    PwC’s response to Singapore Budget 2024 on 16 February

    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

  • PwC Singapore's Budget 2024 proposals call for support to uplift businesses, operationalise sustainability and extend care to employees

    PwC Singapore's Budget 2024 proposals call for support to uplift businesses, operationalise sustainability and extend care to employees

    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

  • PwC welcomes 11 new partners in Singapore

    PwC welcomes 11 new partners in Singapore

    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,

  • PwC launches Asia Pacific Marketplace to help clients accelerate digital transformation

    PwC launches Asia Pacific Marketplace to help clients accelerate digital 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

  • Nearly four in 10 Singapore CEOs believe their companies not viable if they continue on current path: PwC survey

    Nearly four in 10 Singapore CEOs believe their companies not viable if they continue on current path: PwC survey

    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

  • 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

  • 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

  • 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

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