Tags: 2019 news releases
An encouraging year for Singapore IPOs in 2019: PwC analysis
2019 has been an encouraging year for the Singapore capital market amidst the global uncertainties. Singapore saw a total of 11 Initial Public Offerings (IPOs) on the Singapore Exchange (SGX) with 4 listings on the Mainboard and 7 on the Catalist Board with total fund raised at S$3.07 billion and S$60 million respectively.
These results were published in PwC’s “Equity Capital Markets Watch: Sin
PwC rated as a Strong Performer in Digital Experience Agencies in Asia Pacific
PwC is expanding its experience innovation practice from strategy to technology.
PwC Singapore’s Budget 2020 proposals to enhance Singapore’s economy
Singapore, 9 December 2019 - PwC Singapore has released a set of recommendations which were provided to the Ministry of Finance for consideration in relation to the upcoming Singapore Budget 2020. Key themes of PwC Singapore’s “Proposals to Enhance Singapore’s Economy” include encouraging enterprise and innovation, enhancing the tax system, environmental protection, building a Smart Nation and nur
More than half of next generation leaders in family businesses already hold management positions, says PwC
75% of next generation (NextGens) of family businesses are deeply engaged in the business, according to PwC’s Global NextGen Survey 2019 In Singapore, 59% already hold a management role in the business Significant minority do not feel they have a ‘licence to operate’ with 42% saying that their current level of expertise is a major constraint on having the impact they would like to have Current
A third of business leaders in Singapore reducing headcount due to automation
As a result of increased automation 31% of businesses in Singapore are reducing headcount and 22% are substantially changing employees’ roles.
One in three Singapore business leaders are not confident of revenue growth over the next 12 months (33%). Half of business leaders in Singapore surveyed by PwC (51%) say advanced automation and AI are top strategic priorities in the next two years.
FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA
Singapore is also the launchpad for FinTech firms looking to move across ASEAN
Singapore Named Top Investment Market in Asia Pacific, According to Emerging Trends in Real Estate® 2020 Report
SINGAPORE (November 12, 2019) – Singapore is the best prospect in the Asia Pacific region for investment according to Emerging Trends in Real Estate Asia Pacific® 2020, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC.
The Lion City witnessed a surge in transactions in the first half of 2019, with most activity driven by cross-border capital, and volumes in the
Asset Managers exceed investor expectations on risk/return and ESG, but overall fall short of investor demands - According to the Investor Alignment Index developed by PwC
Tuesday 12 November, 2019 - The Asset and wealth management revolution: Investor Perspectives - rethinking purpose and performance report is based on PwC’s point of view and the Investor Alignment Index developed by PwC with responses from 750 institutional investors and 10,000 retail investors around the world.
Ample scope to win more business
To determine what investors care about most
Cyber risk climbs to the top risk for Singapore insurers
Cyber risk, technology and change management have been pinpointed as the three biggest concerns for insurers in Singapore, according to a poll of senior industry experts.
PwC Singapore offsets all the firm’s air travel emissions and has shifted towards renewable energy
PwC Singapore launches new sustainability report, looking at the firm’s strategy, policies and performance in the areas of environment, social and governance
PwC named a Leader in the IDC MarketScape: Worldwide Salesforce Implementation Services 2019
PwC rated highly for developing future functionality and offering road maps and for its financial/funding model strategy
PwC Singapore commits about S$10 million to developing its people in Singapore
In Singapore, PwC pledges close to S$10 million to digitally upskill its people in line with its global ‘New World. New Skills.’ commitment. PwC’s global revenues up 7% to US$42.4 billion. Focus on our purpose drives good revenue growth in all major markets and areas of business. 25,000 new jobs created, increasing the workforce to 276,000.
PwC appoints new Singapore Asset & Wealth Management Leader
PwC Singapore has appointed Paul Pak as the new Leader of its Asset & Wealth Management (AWM) practice with effect from 1 October 2019. Paul succeeds Justin Ong, who has led the practice since 2006.
PwC study finds Singaporeans are second most anxious about the future impact of technology on their jobs
Over half (54%) of Singaporean workers think it is likely that their role will be made obsolete or be significantly changed by automation over the next 10 years. Amongst the 11 countries surveyed, French workers are the most nervous or scared about the future impact of technology on their jobs (20%) followed by Singaporeans (18%) and British (18%)
Singapore ranks 14th in idea intensity globally - PwC Global Economy Watch
● Singapore ranks 14th globally for idea intensity (543 patents granted per million population) in 2017, up from 16th place in 2010 (359 granted per million population) ● South Korea ranks highest in world for idea intensity according to new analysis by PwC ● Analysis demonstrates clear relationship between public and private investment in research & development (R&D) and idea intensity
PwC named an ALM Vanguard leader in Portfolio & Capital Strategy Consulting 2019
PwC named Best in Class for Client Capability Development
New report finds top countries with BRI opportunities within ASEAN and South Asia, Singapore emerges second
• Singapore was seen as having the second most BRI opportunities at 57%, just behind Vietnam at 66% and tied with Indonesia also at 57%. • Political risk emerged the top risk organisations see in getting involved with BRI projects (75%). • Smart cities & urban development was cited as the top sector for opportunities at 43%.
PwC Singapore’s Venture Hub and DiMuto announce strategic partnership which will grow the global agri-food cold chain market
• Partnership with PwC Singapore’s Venture Hub will equip DiMuto with the expertise to scale up its operations globally in a bigger way • Partnership will also see both parties build a trust framework, which aims to establish a set of principles to enhance safety and security of DiMuto’s Track & Trace blockchain solution in the food supply chain.
PwC named an ALM Vanguard leader in Production Operations Consulting 2019
PwC named Best in Class for Operating System and Project Management
Tanium and PwC Singapore Announce Strategic Partnership to Enhance Digital Capabilities
16 July 2019
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Singapore, 16 July 2019 – Today, PwC and Tanium announce a strategic partnership in Singapore that will bring together PwC’s