2006 News Releases

30 November 2006
Changes In Japan’s Pharma Market Herald Opportunities For Outsiders

Japan’s pharmaceutical market offers increasing opportunities for Western drug companies, according to latest research by PricewaterhouseCoopers.

8 November 2006
CEOs of Six Largest Global Accounting Networks Issue Vision Statement for Global Capital Markets and Global Economy

The six largest global accounting networks -- PwC, KPMG, Deloitte, E&Y, BDO, and Grant Thornton -- have unveiled a new paper on meeting investor needs in an evolving global market.

7 November 2006
Paying Taxes: Governments Can Increase Revenues with Simpler, Tax Regimes and More Transparency, Says Report by World Bank Group and PricewaterhouseCoopers

Complex tax systems cut tax revenues for government and make it very hard to assess the true tax burden on businesses, says a new report launched here today by the World Bank Group and PricewaterhouseCoopers.

6 November 2006
Finding and Managing Talent Remains a Challenge For Technology Companies Worldwide

PricewaterhouseCoopers Report Warns of a Looming Talent Shortage, Need for More Effective Management Strategies

2 November 2006
PricewaterhouseCoopers 2006 Revenues Rose 11 Percent to US$22 Billion

The revenue figures were released together with PricewaterhouseCoopers’ 2006 Global Annual Review, which provides insight into the performance, operation and scope of the PricewaterhouseCoopers’ worldwide network over the past year.

31 October 2006
Private Health Insurers’ Roles To Expand As National Healthcare Costs Soar, Projects PricewaterhouseCoopers

New report examines drivers of trends reshaping health insurance business model

24 October 2006
Q3 2006 Venture Capital Investing Remains Above $6 Billion For Third Consecutive Quarter

Quarterly Strength Driven by Seed/Early Stage Deals Across Multiple Industries; Biotech Unseats Software as Top Industry Sector

17 October 2006
Almost Half of Directors Serve on Only One Public Company Board, PricewaterhouseCoopers/Corporate Board Member 2006 Study Finds

PricewaterhouseCoopers, Corporate Board Member, What Directors Think, Study, Catherine Bromilow, Corporate Governance Group, New York Stock Exchange, NASDAQ, Stock Market, American Stock Exchange

17 October 2006
Russia Offers Vast Potential to Forest, Paper & Packaging Companies That Do Thorough Homework

A new PricewaterhouseCoopers study, ‘Risks & Rewards – Forest, paper and packaging in Russia’, aims to help companies in the industry assess the risk and reward equation of entering or expanding in the region.

16 October 2006
PricewaterhouseCoopers Expands Its Pharma Industry Expertise

Dr Steve Arlington and several other industry specialists are being appointed to expand the breadth of expertise offered by the pharmaceutical and life sciences practice of PricewaterhouseCoopers member firms.

11 October 2006
Urban-Rural Population Split Changes Retail and Consumer Strategy

The stark contrasts in the urban-rural divide, the widening gap between skilled and unskilled workers and the polarisation of the formats and products needed by highly differentiated consumer segments at each end of the social spectrum have significantly reshaped retail and consumer strategy.

4 October 2006
PricewaterhouseCoopers Names Javier Rubinstein Global General Counsel

Javer H. Rubinstein, formerly of Mayer, Brown, Rowe & Maw LLP succeeds Lawrence W. Keeshan, who has retired from the organization.

4 October 2006
"IFRSs -- A view from a Big 4 Firm

Speech presented by Samuel A. DiPiazza, CEO of PricewaterhouseCoopers, at the IASB Meeting with World Standards Setters in London on 25 September 2006.

3 October 2006
Scottish Premier League First Year of Collective Profit in Over a Decade

The review, which uses publicly available information drawn from the clubs’ annual accounts held at Companies House, analyses in detail the financial state of the SPL.

29 September 2006
PricewaterhouseCoopers Report Projects Impact of Global Growth on Carbon Emissions

Report outlines ‘Green Growth Plus’ strategy that could curb global carbon emissions without significantly reducing long-term economic growth.

25 September 2006
BRIC to Account For 40% of Auto Sector Assembly Growth

These factors are reflected in the fact that nearly all major global automakers are pursuing a BRIC strategy in some form as they attempt to gain competitive advantage by tapping the potential of these emerging markets.

15 September 2006
New Survey Shows Physical and Information Security Convergence is Increasing; India Lags But is Closing Gaps in Security

Forty percent of respondents state their physical and IT security functions report to the same executive leader versus 31 percent last year.

7 September 2006
Corporate Venture Capital Activity On the Rise in 2006

During the second quarter, corporate venture capital groups participated in 195 deals or 22.2% of all venture capital deals completed

24 August 2006
Embracing Change Is Key to Success In Forest, Paper & Packaging Industry

'CEO Perspectives' – Viewpoints of CEOs in the forest, paper & packaging industry worldwide’ comprises the views of CEOs from companies across the world with a combined sales total of US$70 billion.

23 August 2006
Chemicals Sector Set for Further Consolidation

Mounting competition from new producers in developing countries and resource rich regions, rising oil prices and greater regulation have provided huge challenges to traditional industry players

21 August 2006
PricewaterhouseCoopers Finds International Travelers to the U.S. Increased by 6.7 Percent in 2005; 2003 to 2005 Reflects Highest Two-Year Increase Since 1996

International Guest Room Nights Represent 10.3 Percent of the U.S. Lodging Demand

16 August 2006
Business leaders more confident than a year ago, PricewaterhouseCoopers’ Management Barometer finds

Their revenue growth targets for the next 12 months, investment plans, plans to hire, and gross margins are on the rise, PricewaterhouseCoopers finds.

27 July 2006
Challenging Times For Global Forest, Paper and Packaging Industry

Return on capital employed, a key measure of performance in this capital-intensive industry, fell to an average of 4.5% in 2005

25 July 2006
Q2 2006 Venture Capital Investing Reaches Highest Level Since 2002 at $6.3 Billion

Quarterly Strength Driven by Biotech Dollars and Seed/Early Stage Deals

20 July 2006
More Than a Third of Chemical Companies Are Victims of Economic Crime

Chemical companies suffered from an average of eight incidents in the past two years, costing an average of nearly USD$600,000 per chemical company.

18 July 2006
Over Forty Percent of Engineering and Construction Companies Are Victims of Economic Crime

Engineering and construction companies have experienced economic crime and need to tighten controls to combat this threat and recover losses, according to the latest PricewaterhouseCoopers Global Economic Crime Survey

3 July 2006
Investment Management Industry Faces Unprecedented Change

The investment management sector will confront enormous challenges in investment performance, distribution and the recruitment and retention of talent over the next few years, but despite these demands, investment managers remain bullish about their future revenue growth, according to PricewaterhouseCoopers 2006 Global Investment Management Survey.

21 June 2006
PricewaterhouseCoopers Says Entertainment and Media Industry in Solid Growth Phase, Will Grow 6.6 Percent Annually to $1.8 Trillion in 2010

Globally, Internet and Video Games Continue to be Fastest-Growing Industry Segments; Asia Pacific to Remain Fastest-Growing Region Led by Explosive Growth in China and India

6 June 2006
Eighty Three Per Cent of the 100 Most Representative CEOs in Mexico Expect a Favorable Business Environment For 2008

Businessmen are directing their strategic efforts towards the long-term reinforcement and consolidation of their organizations, according to PricewaterhouseCoopers’ survey “Actions for business consolidation and growth”

5 June 2006
Mining Sector Delivers Spectacular Results For 2005

The mining sector has delivered another spectacular increase in profits during 2005, on the back of a further strengthening in commodity prices. This is one of the key findings of ‘mine let the good times roll’, the third annual review of global trends in the mining industry by PricewaterhouseCoopers.

30 May 2006
Quest For Digital Convergence May Trigger Next Tech Boom, According to PricewaterhouseCoopers

The pursuit of digital convergence, and the resulting “urge to merge,” will likely bring about the next boom in the technology industry.

30 May 2006
IFRS First Year Adoption: Delivery Challenges Faced by the Oil, Gas and Utilities Sectors

A new report from PricewaterhouseCoopers, ‘Real Time’, highlights the specific dilemmas that these sectors have faced, examines how companies have responded, and what they need to do next. The challenges are far from over, even for existing IFRS reporters..

25 May 2006
Financial Institutions Should Put Customers’ Needs First to Win the Battle For Revenue Growth

The battle for revenue growth among banks, insurers and asset management companies will be fought on three main fronts: improved technology, effective use of information and the ability to recruit, train and motivate customer-facing staff, says a new report from PricewaterhouseCoopers.

25 May 2006
Pharma Companies Poised to Unlock Russia’s Potential

The Russian Federation - Prescription for Growth’, concludes that despite many significant challenges, Russia, with untapped demand for innovative drugs and as a suitable place for conducting research and development, offers considerable potential.

24 May 2006
M&A Activity Reaches New Highs in the Global Metals Industry

Steel Sector Leads the Way in Deal-making; Significant Opportunities in China

17 May 2006
Regional Casino Investment Could Stimulate the Development of New High-Quality Leisure Facilities for UK Regions

PricewaterhouseCoopers ‘Hospitality Directions Europe – Casino gambling: can UK leisure win?’ looks at how the investment in casinos could stimulate much needed economic growth and eventually cross-fund new leisure facilities throughout the country.

17 May 2006
International Business Backs Arbitration Over Courtroom Battles to Settle Cross-Border Disputes

Smarter use of international arbitration could help boost the bottom line, concludes PricewaterhouseCoopers

9 May 2006
Major Differences In Tax Treatment of Emissions Rights Across Europe – Tax Planning Opportunity for Companies

After nearly 17 months of trading under the EU Emissions Trading Scheme, there are still significant uncertainties and inconsistencies in relation to the tax treatment of emission, a new report by PricewaterhouseCoopers published today revealed

25 April 2006
Venture Capital Investing Off to a Solid Start in Q1 2006 with $5.6 Billion

Quarterly Biotechnology Investing Subsides as Media & Entertainment Surges Post-Money Valuations of Later Stage Companies Swell

11 April 2006
Leading forest and paper executives to discuss the global industry’s future and share success stories at conference in Vancouver

CEOs and senior executives from leading global forest and paper companies will discuss the issues at the top of their business agendas at PricewaterhouseCoopers’ Global Forest and Paper Industry Conference on May 11, 2006 in Vancouver, Canada.

11 April 2006
World Energy Leaders Braced for Revolutionary Change Within the Industry

The utilities industry is facing its biggest challenge in modern times according to the eighth annual PricewaterhouseCoopers report ‘The Big Leap: Utilities Global Survey 2006’

10 April 2006
Six Trends Will Drive Sustainable Development, According to PricewaterhouseCoopers

Market Forces, Governance, Globalisation, Innovation, Among Major Influencers

30 March 2006
Medical Device Companies Quick to Adopt Ethics Standards to Combat Fraud and Abuse, Finds PricewaterhouseCoopers Survey

Recognizing the need to bolster compliance activities in an era of increasing governmental scrutiny, the nation’s largest medical device companies have proactively embraced a code of ethics with nearly universal adoption of standards to combat fraud and abuse of sales and marketing practices

30 March 2006
Study on Political Risk Management by PricewaterhouseCoopers and Eurasia Group Reveals Multinational Companies Need a Rigorous Political Risk Management Framework

73 percent of surveyed companies do not feel they have an effective political risk management process

3 March 2006
Companies Should Seize Opportunities Posed By Major Shift In Power To Emerging Economies By 2050, Suggests PricewaterhouseCoopers Report

By the year 2050, what the reports calls the ‘E7’ economies will have outstripped the current G7 by between 25% when comparing GDP using market exchange rates to around 75% when using purchasing power parity exchange rates

16 February 2006
PricewaterhouseCoopers China Accounting Standards Convergence Commentary

PRC Accounting Standards Convergence Commentary - "Best or Worst of Times?”

9 February 2006
IFRS is Already Influencing Investment Decisions in Europe, Reveals Fund Managers Survey

The PricewaterhouseCoopers/Ipsos MORI survey, IFRS – The European investors’ view, reveals that conversion to the new standards is having a real impact on the way fund managers perceive companies and consequently the investment decisions they make.

25 January 2006
Search for New Customers Displaces Cost-Cutting as Impetus for Global Expansion

As companies expand across the globe, especially into the BRICs economies – Brazil, Russia, India, and China – finding new customers and markets, not just cost cutting, is now their primary goal, according to PricewaterhouseCoopers’ 9th Annual Global CEO Survey.

25 January 2006
Venture Capital Investing Steady at $21.7 Billion in 2005 - Holding On to 2004’s Gain

Investments in the fourth quarter of 2005 totaled $5.1 billion in 709 deals, down slightly from $5.4 billion in Q3 2005, but well in within the range of investments levels seen over past 14 quarters.

17 January 2006
Mega Trends Dominate Future Development of Cities

With 60% of the world population predicted to live in cities by 2030, PricewaterhouseCoopers sets out to identify the principle challenges and trends influencing city leaders all over the world in formulating sustainable strategies for the future.

10 January 2006
Though Opposed to New Regulations, Fast-Growing Private Companies Voluntarily Adopt Sarbanes-Oxley Principles, PricewaterhouseCoopers Finds

Although most CEOs of fast-growing private companies agree that fewer government regulations are better, more than one in four is borrowing “best practices” from the Sarbanes-Oxley compliance experience of public companies—



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