Topics: Revision, Tax issues

  • PwC Singapore commits S$4 million to launch Trade Advisory Hub, to help businesses navigate rapidly evolving global trade rules

    Singapore, 22 April 2026 – PwC Singapore today announced the launch of its Trade Advisory Hub to help businesses global trade environment and capitalise on growth opportunities from Singapore. Supported by the Singapore Economic Development Board (EDB), the Trade Advisory Hub will support local and multinational companies as they adapt to evolving global trade dynamics, assess impacts on their ope

  • PwC Global AI performance study: Singapore’s AI momentum puts it on track for hub status

    Key findings
    Singapore businesses report stronger AI confidence than the global average: 67% have a higher risk appetite for AI investment (vs 41% globally), and 63% allocate people and funding based on AI opportunities (compared to 51%). Singapore is moving faster on AI adoption and modernisation: 43% use AI to compete beyond their sector (vs 20% globally), and 30% have eliminated outdated I

  • Budget 2026: SBF and PwC Singapore Call for Practical Measures to Accelerate AI Diffusion, Support Business Decarbonisation and Deepen Capabilities as a Trusted Hub Amidst Global Uncertainties

    Monday, 12 January 2026 [Singapore] – The Singapore Business Federation (SBF) and PwC Singapore today submitted a set of Budget 2026 Recommendations to build a future-ready Singapore – one that is globally competitive, sustainable and inclusive. Titled “Building a future-ready Singapore: Transformation, Technology, Trust”, the joint recommendations are a call to move first, not react later, by dri

  • Investors overwhelmingly look to technology sector to fuel growth—but expect greater transparency on AI strategies and policies: PwC Global Investor Survey 2025

    65% of Singapore-focused investors foresee technology as the sector attracting the most investment over the next three years. 94% of Singapore-focused respondents indicated that companies they invest in or cover should boost investment in technological transformation, and 90% in cybersecurity 86% of Singapore-focused respondents express a willingness to increase investments in companies developin

  • Insurers in Singapore more anxious compared to global counterparts amid rising risks of cyber crimes, AI, and macroeconomic uncertainty

    SINGAPORE, 25 November 2025 – Technology disruption and macroeconomic uncertainty are driving higher levels of anxiety among insurers in Singapore compared to their global peers. Preparedness levels in managing identified risks are slightly lower than global benchmarks, according to Singapore-specific findings from the global report 'Insurance Banana Skins,' produced in conjunction with the Centre

  • Less than 2 in 10 Singapore businesses prepared for mandatory climate assurance requirements: PwC Singapore’s study

    Only 17% of Singapore businesses surveyed* have obtained external assurance for sustainability reports, indicating early progress towards the FY2029 timeline for mandatory external assurance of Scope 1 and 2 GHG emissions 48% of smaller, non-STI companies continue to rely on manual spreadsheets for sustainability data collection, highlighting significant room for automation, streamlining and imp

  • PwC Singapore welcomes 11 new partners to drive momentum and growth

    For immediate release - Singapore, 1 July 2025: PwC Singapore is pleased to announce the appointment of 11 new partners, further strengthening the firm’s partnership as the it continues to build, accelerate and sustain momentum for its clients and people.
    This move underscores PwC’s continued investment in bold, forward-thinking leaders who combine deep expertise with technological enablement

  • 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 to m

  • 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 to m

  • 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 60th y

  • 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’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 inf

  • 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 rising in

  • 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

  • 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

    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

  • PwC’s response to Singapore Budget 2022

    For immediate release - Singapore, 18 February 2022 – The following comments are responses from PwC Singapore on the Singapore Budget 2022:
    "Leading enterprises through transformation in times of disruption like what we are experiencing today, requires new and different leadership skills. Leaders will need to navigate through complexities and ambiguity, without necessarily having all the answer

  • PwC Singapore’s Budget 2022 proposals to support Singapore’s growth as an Active economy, Beautiful society and Clean environment

    Growing Singapore as a vibrant hub for sustainability and carbon services Investing growth in HealthTech and the New Health Economy Helping companies mitigate cybersecurity and data security risks
    Singapore, 11 January 2022 – Ahead of the Singapore Budget 2022, PwC Singapore has released its Proposals for Budget 2022. These recommendations have been provided to the Ministry of Finance for con

  • PwC announces establishment of Audit Advisory Board in Singapore

    Singapore, 15 December 2021 - PwC Singapore today announced the establishment of an Audit Advisory Board that will provide guidance and challenge related to transparency and audit quality at the firm. The Board will be officially effective on 1 January 2022.
    The Board currently consists of two independent members who will advise the firm on a range of matters including PwC’s audit systems and p

  • Upbeat Sentiment and Undeployed Capital Prop-Up APAC’s Recovery, says ULI’s Emerging Trends in Real Estate® Report. Tokyo Overtakes Singapore as Top-Ranked Investment Prospect

    SINGAPORE (24 November 2021) – Upbeat sentiment and the growing glut of undeployed capital are expected to provide a lifeline to the strong revival of Asia Pacific’s real estate markets next year, according to the 2022 Emerging Trends in Real Estate ® Asia Pacific report. The 16th edition of the regional real estate forecast report is jointly published by the Urban Land Institute (ULI) – the world

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