PwC in the news

Latest media coverage

  • 13 May: Mind shift needed to make room at the top for women (The Malaysian Reserve)
    It makes good business sense to have women in decision making roles as they have spending power and know what the market wants, says PwC Malaysia markets leader Chin Suit Fang at a recent panel discussion themed "Women Rising To The Top - What's Holding You Back?".

  • 26 April: Keeping employees happy beyond rewards (The Malaysian Reserve)
    Employers must realign their talent strategies, especially in the areas of employee engagement, motivation and retention to bring out the best in their Gen Y employees, says PwC Malaysia executive director Ramon Chelva at a recent panel discussion themed "Beyond Rewards: What Keeps your Employees Happy".

  • 22 April: It’s filing season again (The Sun)
    Chartered Tax Institute of Malaysia (CTIM) president and PwC Malaysia senior executive director S. M. Thanneermalai provides an overview of the income tax filing process in this article.

  • April: BYOD: here to stay (ACCA Accounting & Business Malaysia)
    Mobility has become a crucial part of the client engagement experience at PwC. We have introduced several flex initiatives to empower our employees including the use of iPads by our partners and directors, says PwC Malaysia executive director Shahrin Ismail.

  • 22 April: Empowering women (The Edge Malaysia )
    Companies looking to optimise their women talent need to view this issue as a business opportunity, and not a women’s issue. Men, especially those in management positions need to champion this issue, says PwC Malaysia senior executive director Chin Suit Fang.

  • 17 April: Growth in banking M&A (The Sun)
    Malaysian banks will continue to seek growth through M&A and expand regionally, says PwC Malaysia advisory leader Tan Siow Ming. This is a promising outlook, considering the overall decline in global banking M&A, as shown in PwC’s new paper, The Journal - Brave new world: New frontiers in banking M&A.

  • 11 April: Maximising on tax savings (The Star)
    PwC Malaysia senior executive director Sakaya Johns Rani shares some useful advice on maximising savings during income tax filing season.

  • 30 March: Flexibility at work: Implement working arrangements that bring the best out of people, leaders say (The Star)
    At PwC, we believe in empowering our people and giving them the tools to help them succeed in their jobs, says PwC Malaysia Assurance Leader Pauline Ho.

  • 7 March: M’sian firms top on managing sustainability (The Edge Financial Daily)
    Companies recognise the relevance of sustainability to their business but few are actually making it a regular boardroom agenda, says PwC Advisory Services Malaysia consulting leader Sundara Raj at the launch of PwC’s report on sustainability strategy. The report, titled ‘Going beyond philanthropy?’ is based on a survey on how companies in emerging ASEAN economies, structure and manage sustainability.

  • 6 March: Malaysian firms rank top in emerging ASEAN sustainability (The Edge Financial Daily)
    Malaysia is the most matured market in the area of sustainability management, out of the five largest emerging economies in the ASEAN region; which also comprises Thailand, Indonesia, Philippines and Vietnam, says PwC Advisory Services Malaysia associate director Jack Cunningham at the launch of PwC’s report on sustainability strategy.

  • February: Quarrels over? (ACCA Accounting and Business Malaysia)
    It is crucial to recognise the distinctions between bearer biological assets (BBA) and consumable biological assets (CBA) in the IAS 41 accounting standard debate. The manner in which the economic benefits are derived from BBA differs considerably from CBA, says Malaysian Accounting Standards Board (MASB) chairman and PwC Malaysia executive chairman, Mohammad Faiz Azmi.

  • 27 February: Malaysians invest RM6b in O&G, hospitality sectors in Myanmar (The Star)
    Malaysian businesses which are keen to invest in Myanmar need to review their business structure, implementation strategies and repatriation processes before entering the market, said PwC Malaysia Executive Director Pauline Lum at a recent seminar on investing in Myanmar.

  • 3 February: Tuned in to youth (New Sunday Times)
    PwC’s Millennials at Work survey and the Graduan Aspire survey help employers understand the Gen Y, and craft inclusive people policies and plans to bring out the best in them, says PwC Malaysia’s head of resourcing Mona Abu Bakar.

  • January: Millennials - Reshaping the workforce (HR Matters)
    Employers must realign their talent strategies, especially in the areas of employee engagement, motivation and retention, in addressing the different dynamics that millennials bring to the workforce, says PwC Malaysia executive director Kartina Abdul Latif.

  • 28 January: Staying relevant for tomorrow (The Edge Malaysia)
    Organisations need to understand the different types of diversity that the Gen Y brings to the workforce, as seen in their attitudes towards work life and progression, says PwC Malaysia managing partner Sridharan Nair.

  • 17 January: Emerging economies to outperform industrialised nations (New Straits Times)
    Malaysia has strong growth potential, having recently regained its attraction as a destination for foreign direct investment, as shown in the latest 'World in 2050' report, says PwC Malaysia managing partner Sridharan Nair. The challenge is for the nation to be agile and adaptable to stay competitive in the global marketplace.

  • January: Charting the future (ACCA Accounting and Business Malaysia)
    Sridharan Nair and Mohammad Faiz Azmi share about their new roles as PwC Malaysia Managing Partner and Executive Chairman, respectively, and the challenges facing both the firm and the industry.

 

  • 2012 archive »
    8 December: After Olam, IAS41 deferred till 2014 (Focus Malaysia)
    Plantation companies in Malaysia are concerned about using the IAS41 accounting standard to fairly estimate the future price of plantation trees due to the characteristics of biological assets which can reproduce and increase in quantity, says PwC Malaysia senior executive director Regina Fikkers.

    December: Capital Projects: Keeping your eye on the ball (Oil & Gas Asia)
    Malaysia’s oil and gas industry is embarking on the largest capital expenditure programme ever seen over the next decade, in line with the nation’s Economic Transformation Programme (ETP) initiatives, says PwC Malaysia Oil & Gas Leader Nurul A’in Abdul Latif.

    8 October: Fit for purpose (The Edge Malaysia)
    While Budget 2013 has introduced measures which are innovative, some bolder moves are expected in the coming months as we deal with a rapidly changing landscape, says PwC Malaysia tax leader and senior executive director Jagdev Singh.

    24 September: Reforms for the long term (The Edge Malaysia)
    Focus on this year's budget should be on: creating sustainable growth (including tackling deficit), making sure the incentives given out have a multiplier effect and addressing the talent gap, says PwC Malaysia tax leader and senior executive director Jagdev Singh.

    21 September: PwC: Decide quickly on goods and services tax (New Straits Times)
    The government should not delay the GST implementation date as businesses need to strategise and prepare for this new tax regime amidst the uncertain world economy, says PwC Malaysia senior executive director Steve Chia.

    15 September: Budget 2012 a delicate balancing act (The Edge Malaysia)
    Jagdev Singh, senior executive director and tax leader at PwC Taxation Services Malaysia, expects the upcoming budget to focus on three broad areas - ensuring sustainable growth, developing human capital and reducing the deficit.

    7 September: Asia-Pacific CEOs upbeat on economic integration (The Malaysian Reserve)
    Asia Pacific CEOs will need to extend their presence beyond their home markets, innovate their products and processes, and develop the right talent for future business opportunities in a region witnessing rapid growth, says PwC Malaysia managing partner Sridharan Nair.

    July / August 2012 | Accountants Today: Audit Committees - Assuring Audit Quality
    The Malaysian Institute of Accountants (MIA) participated in the first governance programme for Bursa Malaysia's Half-Day Governance Programme Series, entitled "Role of the Audit Committee in Assuring Audit Quality". PwC Malaysia partner Ong Ching Chuan, shares his views.

    27 August: CSR as a pathway to profitability (The Edge Malaysia)
    Companies should move progressively away from philanthropy towards sustainability, value creation and ultimately leadership, says PwC Malaysia associate director Jack Cunningham.

    25 August: Raising the participation of women in the workforce (The Edge Malaysia)
    PwC Malaysia is one of the best in terms of women in senior positions, with about 36% of partners being female, says PwC Malaysia partner Pauline Ho.

    23 July: It takes more than just a smile (The Edge Malaysia)
    Companies can differentiate themselves in the marketplace by putting customers at the core of business decisions enterprise-wide, says PwC Malaysia associate director Christine Werner.

    9 July: M&A - is it a wedding or a marriage? (The Edge Malaysia)
    Maximise deal value by taking control right at the start to reduce the risk of an M&A failure, says PwC Malaysia executive director Andrew Marshall.

    25 June: Is 'now' Malaysia's window of opportunity? (The Edge Malaysia)
    It's timely for Malaysian companies to tap the South East Asia market. Many foreign investors are using Malaysia as a base for their regional operations, says PwC Malaysia executive director Paran Puvanesan.

    11 June: Better risk management and resilience (The Edge Malaysia)
    Businesses need to manage risks better and diligently, in a manner relevant to the risk landscape today, says PwC Malaysia associate director Calvin Jacob.

    28 May: A CEO's headache (The Edge Malaysia)
    Strategic people planning (SPP) supports the integration of the HR function by hardwiring people planning and delivery to corporate processes, says PwC Malaysia executive director Kartina Abdul Latif.

    14 May: You can't manage what you don't measure (The Edge Malaysia)
    Malaysian companies need to start measuring their carbon emissions before they can take steps to reduce them, says PwC Malaysia associate director Rashyid Anwarudin.

    26 March: Implications of India's budget for foreign investors (The Edge Malaysia)
    Malaysian companies that have invested in India are bound to be affected by India's recent 2012-13 Budget proposals, say Thannermalai Somasudaram and Aditya Narwekar, PwC Malaysia senior executive director and senior manager, respectively.

    21 March: Malaysian banks to reshape their business: Survey (The Sun)
    The Malaysian banking industry is expected to reshape their business to drive growth and reduce costs in order to manage the increasingly complex financial landscape, says PwC Malaysia partner, Soo Hoo Khoon Yean.

    21 March: Malaysian banks should be innovative (The Malaysian Reserve)
    Malaysian banks should be more innovative and adopt "game changing strategies" in order to seize business opportunities within the region and globally, says PwC Malaysia partner Soo Hoo Khoon Yean. 

    20 February: Cooperation needed to fight insurance fraud (The Sun)
    Collaboration between all parties is necessary to tackle the long-standing issues of fraud and claim leakages that have plagued the motor insurance industry for many years, says Angie Wong, PwC Malaysia executive director.

    February: The rise of REITs (iProperty magazine)
    What are Real Estate Investment Trusts (REITs) and how do they fit into your investment portfolio? Jennifer Chang, PwC Malaysia senior executive director explains.

    3 February: Malaysian financial institutions need to be prepared to deal with multiple regulators as they regionalise, say experts (Compliance Complete Asia, Thomson Reuters Accelus)
    Malaysian financial institutions venturing overseas need to be prepared to deal with multiple regulators and diversity in regulatory policies, on the heels of recent developments introduced in the Financial Sector Blueprint (FSB), says Soo Hoo Khoon Yean, PwC Malaysia partner.

    26 January: CEOs still confident of growth prospects (The Edge Malaysia)
    According to PwC’s 15th Annual Global CEO survey, CEOs are still very confident of their companies’ revenue growth prospects despite a lack of confidence in the global economy outlook.

    25 January: CEOs confident of growth prospects (Business Times)
    According to PwC’s 15th Annual Global CEO survey, 40 percent of the chief executive officers polled are very confident of revenue growth for their companies in the next 12 months despite the overall gloomy global economic outlook this year.

    2 January: Awareness of cybersecurity still lacking (The Edge Malaysia)
    Lim San Peen, PwC Malaysia senior executive director,shares his views on cybersecurity based on the findings of PwC's 6th Global Economic Crime Survey

  • 2011 archive »
    28 December: M&A activities to spur insurance sector in 2012 (The Edge Malaysia)
    Angie Wong, PwC Malaysia’s executive director of financial services, shares her views on merger and acquisition (M&A) activities, which has kept the financial services industry bustling this year and is expected to continue in 2012, particularly in the insurance sub- sector.

    22 December: Cyber crime a growing threat to Malaysian businesses (The Edge Malaysia)
    Lim San Peen, PwC Malaysia senior executive director, and Chong Shao Yen, executive director, discuss the findings of PwC's study on global economic crime.

    5 December: Turning a dream into reality in Malaysia's classrooms (The Edge Malaysia)
    Keeran Sivarajah and Dzameer Dzulkifli, co-founders of Teach for Malaysia, credit their working experience in PwC Malaysia and support from its leaders to the success of the programme.

    23 November: Many firms favour M&A deals (The Malaysian Reserve)
    Malaysian financial services companies are upbeat about expanding their businesses through foreign mergers & acquisitions (M&A) in Asia as global growth shifts to the East, says PwC Malaysia partner, Soo Hoo Khoon Yean.

    23 November: PwC upbeat on financial M&A (The Sun Daily)
    There will be more merger and acquisition (M&A) activities in Asia in the next 12 to 18 months as the focus of global economic growth shifts to the East, with continued interest in cross-border transactions, says PwC Malaysia partner, Soo Hoo Khoon Yean.

    21 November: Climate change reporting heats up in Asia (The Edge Malaysia)
    Climate change reporting is gaining momentum in Asia, especially Malaysia. However, the levels are below average compared with global leading sustainability companies, say PwC Malaysia associate directors Ng Yin Ching and Rashyid Anwarudin.

    17 October: Malaysia must find its niche in regional economy (The Edge Malaysia)
    Malaysia needs to up its ante in the regional economy or risk losing out to our neighbours in the war for profits and talent. The government can only do so much, as seen in Budget 2012, so it's up to the private sector and the rakyat to join forces with the government to build a sustainable economy for all, says PwC Malaysia senior executive director Khoo Chuan Keat.

    10 October: More efficient IRB seen (The Sun Daily)
    A new move announced for the 2012 Budget to compensate taxpayers for late income tax refund will ensure that the Inland Revenue Board speeds up the reimbursement process, says PwC Malaysia senior executive director Sakaya Johns Rani.

    6 October: Tablet PCs allow migration of content without diminishing brand (The Edge Malaysia)
    In the next four years, Malaysia’s Entertainment & Media (E&M) sector is expected to grow at above the global rate, according to a new study by PwC. E&M players need to continuously stay engaged with its consumers and collaborate with other parties in order to maintain their relevance and market presence, says Marcel Fenez, PwC global leader for entertainment & media.

    3 October: People, businesses for downturn (The Edge Malaysia)
    The Budget 2012 should focus on the possible world economic downturn that will impact Malaysia. PwC Malaysia senior executive director SM Thanneermalai shares his views.

    26 September: Need for fairer tax treatment of developers (The Edge Malaysia)
    The property industry is facing many developments due to changes in the accounting landscape and strict tax regulations. PwC Malaysia senior executive director Steve Chia pinpoints some of the common issues faced by developers and recommends a few alternatives in light of the evolving tax rules affecting the industry.

    19 September: Embracing GST to boost revenue (The Edge Malaysia)
    GST has been getting a lot of press lately, receiving mixed public opinion on tax reform. What can our current tax system tell us about Malaysia, and what needs to change by 2020 in order for us to become a developed nation? PwC Malaysia executive director Raja Kumaran and associate director Nicolaos Giannopoulos study the possibilities and the plus points of introducing a GST in Malaysia.

    5 September: Getting ready for US Foreign Account Tax Compliance Act (FATCA) (The Edge Malaysia)
    The US Foreign Account Tax Compliance Act or FATCA comes into effect on 1 January 2012. Much needs to be done before that, but how prepared are Malaysian public entities? Our Executive Directors Azura Othman and Lorraine Yeoh give some food for thought and tips on how to get FATCA-ready.

    1 August: Insurance sector still seeing M&A activity (The Edge Malaysia)
    PwC Malaysia partner Sridharan Nair and Executive Director Angie Wong speak to The Edge about their thoughts on the local insurance sector. Among their views? Mergers and acquisitions will continue in Malaysia, and local insurers will begin looking to invest overseas.

    7 June: Holistic cities with balanced economies to dominate (The Edge Malaysia)
    In a recent report released by PwC and the Partnership for New York City, it was found that the finance and business centres of the future may not necessarily be the traditional capitals of global dominance. Instead, holistic cities with balanced economies and a strong quality of life are becoming increasingly attractive. What makes a holistic city? Our Executive Director Andrew YH Chan comments.

    June Issue: Being prepared (ACCA Accounting and Business Malaysia)
    The massive earthquake and tsunami in Japan highlight how important it is for public and private organisations to have a robust disaster risk management plan in place. PwC Malaysia Senior Executive Director Ong Ai Lin shares her views.

    May Issue: Heading for the clouds (ACCA Accounting and Business Malaysia)
    One of the major concerns of today’s CFOs from an IT perspective, is how to maximise the use of emerging technology such as social networking and cloud computing to drive their businesses, says Shahrin Ismail, executive director of PwC Advisory Services, Malaysia.

    4 April: Survival of the fittest (The Edge Malaysia)
    Smaller banks will need to rebrand and re-engineer themselves to stay competitive in the new banking landscape, says PwC Malaysia partner, Soo Hoo Khoon Yean.

    4 March: CEOs must recognise, develop talents (The Malaysian Reserve)
    CEOs must recognise and develop talents so that a skilled workforce can sustain their companies, said Minister in the Prime Minister's Department, Datuk Seri Idris Jala at a dialogue hosted by PwC based on the key findings of PwC's 14th Annual Global CEO Survey.

    4 March: Malaysia set to meet investment targets (Business Times)
    The Government is confident it can achieve its investment targets this year under the Economic Transformation Programme (ETP), said Minister in the Prime Minister's Department Senator Datuk Seri Idris Jala at PwC's "What future are you preparing for" dialogue. The dialogue is based on the key findings of PwC's 14th Annual Global CEO Survey.

    4 March: Unleashing talent is job for chief executives (The Edge Financial Daily)
    CEOs need to take the lead in unleashing talent in order for Malaysia to achieve a developed nation status, said Minister in the Prime Minister's Department, Datuk Seri Idris Jala during PwC's "What future are you preparing for" dialogue. The dialogue discussed the shared agenda between the private and public sectors as a critical growth factor, and other key findings of PwC's 14th Annual Global CEO Survey.

    27 January: PricewaterhouseCoopers is now PwC (The Edge)
    After 13 years of being known — internally and externally — as PwC, the global professional services firm has finally decided to embrace its nickname officially with a logo change.

    27 January: CEOs in Asia Pacific more upbeat on growth: PwC Survey (Business Times)
    According to PricewaterhouseCoopers’ 14th Annual Global CEO survey, chief executive officers in Asia Pacific are more confident of growth in the next 12 months compared to their counterparts in Western Europe.

    3 January: Changing the horizon of lease accounting (The Edge Financial Daily)
    A global leasing standard is being proposed in line with the global International Financial Reporting Standards (IFRS) convergence process, and is expected to have critical business impacts to every entity that has lease arrangements.

  • 2010 archive »
    11 October: Tax neutrality - the way forward for Islamic finance (The Edge)
    Jennifer Chang, senior executive director of PwC Taxation Services, Malaysia, highlights the need for foreign governments to facilitate Islamic finance by providing tax neutrality.

    4 October: A tax environment conducive to a sustainable retirement (The Edge)
    Khoo Chuan Keat is senior executive director at PwC Taxation Services, Malaysia, and a member of the Advisory Council to the Foundation for Sustainable Retirement.

    14 September: Digital media — the promise and the reality (The Edge)
    A new study by PricewaterhouseCoopers (PwC) shows that while there is increased digital migration across the entertainment and media market, non-digital media like newspapers still provide the bulk of revenue and will continue to do so over the next five years.

    6 September: Additional licences point to takaful market’s potential (The Edge)
    According to PwC Malaysia's financial services partner, Sridharan Nair, the takaful market's portential is significant.

    10 August: PricewaterhouseCoopers raises RM30k for MERCY Malaysia through Business Continuity Conference
    MERCY Malaysia receives a boost from PricewaterhouseCoopers (PwC) through the handover of funds generated from the jointly hosted Business Continuity Conference held in November 2009

    22 July: PwC: More banking mergers on horizon (The New Straits Times)
    Given that there are not as many keen sellers as there are buyers out there, pricing could be a major impediment to deals being concluded, says PwC

    22 July: Banks will merge when competition gets hotter (The New Straits Times)
    Bank Negara Malaysia (BNM) is right not to force local banks to merge as they will do so on their own once competition heats up in an increasingly liberalised market, says a banking expert from PwC

    21 July: PwC sees more regional M&As for large local banking groups (The Edge)
    Increasing demand for Malaysia's larger local banking groups to pursue regional mergers and acquisitions (M&A) is expected as the Malaysian market gets more saturated, said PwC consultant

    2 July: CSR beyond philanthropy, says CCM (The Edge)
    The corporate world needs to go beyond philanthropy and embrace corporate social responsibility (CSR) as a core business value to ensure sustainable development

    14 June: Is RST a viable alternative to GST? (The Edge)
    Some quarters have suggested that as an alternative to a Goods and Services Tax (GST), the government should explore introducing a Retail Sales Tax (RST) similar to that used in the US and some provinces in Canada

    11 June: M’sians desire better work-life balance, says survey (The Edge)
    Malaysians want a better work-life balance in addition to having salaries that match their work responsibility, according to a survey by PwC

    11 May: Malaysia, Singapore need to focus on individual niches (The Edge)

    3 May: Venture capital funding for 99 in 2009 (The Edge)

    19 April: Sustainability and Equator Principles in Islamic banking (The Edge)

    1 March: Managing Gen-Y (The Edge)

 
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