Subjects: Revision, Tax issues
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
Global carbon pricing could pay for itself while cutting emissions by 12%, says new report from PwC and the World Economic Forum
Singapore, 3 November 2021 - An international carbon price floor (ICPF) for carbon dioxide and other greenhouse gas (GHG) emissions could spur greater emissions reduction to help address the global climate crisis. But how big are the emissions reductions it would create? And how would it impact the global economy?
A new report by PwC and the World Economic Forum, “Climate Ambition: Analysis of
Asia Food Challenge Report 2021 highlights additional US$750 billion needed by 2030 to satisfy fast-evolving tastes and demands of Asian consumers
Investment opportunity highlighted is on top of existing levels reported in the inaugural report in 2019 – bringing the total investment required to US$1.55 trillion over the next decade The New Asian Consumer is demanding healthier, safer and more sustainable foods, accounting for US$2.4 trillion in incremental food spending by 2030 Companies focused on health-based products have achieved valuat
PwC Singapore announces Executive Chairman Elect
Marcus Lam to succeed; Yeoh Oon Jin will retire after 38-years with the firm
64% of Singapore family businesses optimistic about growth for 2021; figure jumps to 90% for 2022
However, only 29% of family businesses feel they have strong digital capabilities
35% have developed a sustainability strategy
26% have documented a succession plan
Singapore, 7 April 2021 - In a year where businesses faced unprecedented challenges, Singapore family businesses are confident about turning the corner in the next two years. 64% are expecting growth this year, and a massive 90% e
Three-quarters of Singapore CEOs predict a return to growth in 2021
A PwC survey of more than 5,000 CEOs globally reveals record levels of optimism 75% of Singapore CEOs (76% globally) believe global economic growth will improve in 2021 One in three Singapore CEOs are very confident about prospects for revenue growth China leads as the top growth destination in the eyes of Singapore CEOs In the year of COP26, climate change is still not being approached with urge
PwC’s response to Budget 2021
Singapore, 16 February 2021 – The following comments are responses from PwC Singapore on the Singapore Budget 2021:
“We must help Singapore corporates get ready for the impending change in international taxation. There is anticipation of more tax disputes and controversies as Governments grapple with their revenue base and the situation is compounded by the shock waves of Covid-19. Every gover
PwC Singapore’s Budget 2021 proposals to support Singapore’s economic and digital transformation
Singapore, 16 December 2020 – Ahead of the Singapore Budget 2021, PwC Singapore has released its Proposals to Enhance Singapore’s Economy. These recommendations have been provided to the Ministry of Finance for consideration around the key themes of supporting economic transformation, building a resilient and progressive tax system and cushioning the impact of COVID-19.
Chris Woo, Tax Leader, P
A threat to the Internet of Things has the greatest potential impact on Singapore organisations, finds PwC
42 per cent of organisations in Singapore are accelerating cloud adoption
Adaptability and critical thinking are key skills when hiring cybersecurity professionals
Singapore, 14 December 2020 – Against the backdrop of COVID-19, PwC launches the Singapore cut of its Digital Trust Insights series Digital Trust Insights Survey 2021 - Singapore findings - which dives into what’s changing and wha
LongHash Ventures welcomes PwC Singapore as knowledge partner
Singapore, 7 December 2020– Today, LongHash Ventures welcomes PwC Singapore’s Venture Hub as knowledge partner. This collaboration will give the global blockchain accelerator’s network of startups access to PwC Singapore’s solutions and expertise to grow the blockchain ecosystem and help build on the potential of these startups.
"Since the introduction of blockchain, we have seen a rise in the
PwC Singapore maintains audit quality and transparency throughout COVID-19 period
PwC Singapore launches its Transparency Report, for the financial year ended 30 June 2020 (FY20), showcasing the firm’s commitment to maintaining audit quality and transparency.
PwC Singapore continues commitment to transparency and accountability throughout COVID-19 period
PwC Singapore released its FY20 sustainability report, outlining key aspects of the firm’s Environmental, Social and Governance (ESG) strategies and policies.
PwC Singapore’s Venture Hub launches new programme aimed at helping foreign startups enter the Southeast Asian market
To help startups across the world to accelerate business growth and expand into the Southeast Asian region, PwC Singapore launches a new in-bound programme.
The Scale Programme will span across 5 days and will include hands-on masterclasses, mentorship and networking sessions.
Singapore, 9 October 2020– PwC Singapore launches a new programme to help startups across the world enter the fast
PwC welcomes the appointment of Simon Gealy as the CEO of South East Asia Consulting
Singapore, 1 October 2020– PwC South East Asia Consulting today announced Simon Gealy as their next CEO with effect from 1 October 2020. Simon succeeds Sundara Raj Ramamurthy, who has led the regional business over the last four years.
Simon brings considerable experience from his extensive work across the region and is well-placed to take the business through its next phase of growth. He was a
Singapore’s tech startup funding ecosystem remains healthy despite global pandemic
PwC's report, Tech start-up funding trends and outlook: Singapore, found that the first half of 2020 saw relatively steady funding considering the pandemic, with funding for 2020 expected to reach 2019 levels.
PwC commits to net zero by 2030, globally
PwC commits to decarbonise its operations and supply chain, which includes reshaping how it serves clients, sustained reductions in travel and the increased use of zero carbon energy. PwC will embed the implications of climate change and other Environmental, Social and Governance (ESG) related factors across the work it does with clients, from strategy to implementation. PwC will continue to adva
Pulling the future forward: The entertainment and media industry reconfigures amid recovery
Amid a global recession, 2020 will see the sharpest fall in global E&M revenue with a decline of 5.6% from 2019 – more than US$120bn in absolute terms. In Singapore, the expected decline is 5.0% from 2019, valued at approximately US$274mn. While the shockwaves from 2020 will continue to ripple through the global economy, forecast shows the industry’s fundamental growth trajectory remains strong.
PwC’s response to the Ministerial Statement on 17 August 2020
Singapore, 17 August 2020 – The following comments are responses from PwC Singapore to the Ministerial Statement by Deputy Prime Minister Heng Swee Keat on 17 August 2020:
Dr Wilson Chew, Partner, Entrepreneurial and Private Business (Strategy), PwC Singapore:
On the impact of the Statement on SMEs - “It remains heartening that the government remains fe