Press Releases

Monday, 16 January, 2012

Digital banking to be the norm by 2015

PwC report – Banks need to set out a clearer digital vision to engage customer and secure customer relationship primacy


Friday, 30 December, 2011

Budget Wish List 2012

PwC reveals wish list amidst signs of slowing economic growth


Tuesday, 13 December, 2011

Senior executives expect Eastern promise to dominate IPO pipeline by 2025

In only fifteen years from now, China is predicted by almost 80% of respondents to PwC’s “Capital Markets in 2025” report to be the most favoured destination for companies looking to raise capital and float their businesses.


Wednesday, 7 December, 2011

Global gaming revenues set to reach US$182.8 billion by 2015

Asia Pacific will be the fastest-growing region for casino gaming spending over the coming five years, and could surpass the US as the biggest gaming region in 2013


Monday, 5 December, 2011

Singapore ranks highest for commercial real estate investment and development prospects next year, says Emerging Trends in Real Estate® Asia Pacific 2012

Survey finds investor enthusiasm throughout Asia is tempered by economic woes in U.S., Europe


Tuesday, 29 November, 2011

PwC’s 2011 Global Economic Crime Survey Finds Economic Crime Continues to Increase

34 percent of respondents were victim to one or more frauds in last 12 months, Cybercrime on the rise as technology use expands


Wednesday, 2 November, 2011

Seven-year-old is youngest budding artist in Singapore to hold solo charity art exhibition

Proceeds will benefit Make-A-Wish Foundation Exhibition supported by PwC Singapore and The Fullerton Heritage


Friday, 21 October, 2011

PwC lights up Banda Street

Elderly residents enjoy new lighting


Monday, 3 October, 2011

Asia’s financial institutions are in the hunt for good targets, market volatility and economic uncertainty notwithstanding, finds PwC research

In Singapore, prospects for both inbound and outbound financial services M&A will be strongly positive in the next 12 months as 50% of the respondents indicate that M&A is being considered.


Monday, 5 September, 2011

Wanted in Asia: Quality private bankers with leadership skills, competent knowledge of client issues and able to ability to meet client’s risk management and regulatory requirements, finds PwC research

PwC’s Asia Pacific findings from the 2011 Global Private Banking and Wealth Management Survey


Thursday, 23 June, 2011

Singapore is still Asia’s leading city in 2011 study of finance capitals by PwC and the Partnership for New York City

The Fourth Edition of Cities of Opportunity released by PwC has revealed Singapore as Asia’s leading city. Finishing in 9th place among 26 countries surveyed, results shows Singapore to be doing extremely well especially in key areas – ease of doing business, economic clout, technology readiness and health, safety and security.


Tuesday, 21 June, 2011

Regulations and client expectations change status quo in wealth management industry, finds PwC research

PwC Issues Findings of 2011 Global Private Banking and Wealth Management Survey


Tuesday, 14 June, 2011

Golden Age of the Digitally Empowered Consumer

A new collaborative entertainment & media industry emerges from the global recession


Monday, 6 June, 2011

E7 banking markets to overtake G7 earlier than projected

Shift accelerated by financial crisis


Tuesday, 31 May, 2011

Wave of new regulation tops insurance sector risks

‘Banana Skins’ poll pinpoints key concerns for insurers


Friday, 20 May, 2011

The world’s corporate reporting system is at risk

The future of corporate reporting is at a critical point– its ability to evolve and meet business and society’s changing needs will be essential if the threat of future systemic risk is to be minimised.


Monday, 16 May, 2011

PwC Names Dr. Ronald Ling as East Asia and Southeast Asia Healthcare Leader

PwC announced that Dr. Ronald Ling has joined the firm as a Managing Director, Healthcare and as the East Asia/Southeast Asia Healthcare Leader, based in Singapore


Wednesday, 27 April, 2011

PwC’s flagship global training programme hits the shore of Singapore

Inaugural Asian launched marks 10th Anniversary for Genesis Park


Friday, 18 February, 2011

A Budget with something for everyone

PwC comments on the Singapore Budget 2011


Wednesday, 26 January, 2011

CEOs in Asia Pacific more confident as recession woes wane

93% of CEOs in the region expects operations to grow in Asia over the next 12 months, eleven percent increase from previous year.


Monday, 24 January, 2011

Budget Wishlist 2011

PwC reveals wish list for Singapore Budget 2011 on the back of a record year in economic growth


Wednesday, 8 December, 2010

Singapore is top market for real estate investment next year, says Emerging Trends in Real Estate® Asia Pacific 2011

Forecast from ULI, PwC is Promising for Asia Pacific


Wednesday, 1 December, 2010

Asia on the runway as the next global leader in information security

Eighty-six per cent of Asian security professionals are boosting spend on information security in the next 12 months, reveals global survey


Wednesday, 1 December, 2010

PwC Singapore’s Asset Management Leader begins two-year secondment to Luxembourg

PwC Singapore’s Asset Management Leader Justin Ong, will begin his two-year secondment to PwC Luxembourg come January 2011.


Tuesday, 23 November, 2010

Paying Taxes is Getting Easier Despite Economic Downturn

Nearly 60 percent of the world’s economies have made significant business regulatory changes to ease paying taxes, despite the impact of the downturn and the sluggish global recovery, according to Paying Taxes 2011, a new report launched today by PwC, the World Bank, and IFC.


Friday, 17 September, 2010

PwC introduces new branding initiative

New brand simplifies name, emphasises value creation and relationships


Friday, 18 June, 2010

Investors and analysts add to the critical ‘fair value’ debate on financial instrument reporting

The research conducted by PricewaterhouseCoopers (PwC) has provided another forum for a cross-section of a key stakeholder group – the investors and analysts – adding to this critical debate.


Tuesday, 15 June, 2010

Consumer behaviour drives change

Entertainment & Media players seek new roles in digital value chain


Tuesday, 25 May, 2010

Asia Pacific: Globalising technology companies more anxious about rising protectionism post-crisis

Many are pressured to contain cost, running the risk of losing sight of longer-term business imperatives to stay on the course of globalisation


Tuesday, 11 May, 2010

Healthcare to become more customised and patient-focused, finds PricewaterhouseCoopers HealthCast report

Healthcare will soon become more patient-friendly and tailored in an attempt to encourage more people to take responsibility for managing their health and as new tools, technology and health information give consumers power to take charge - this according to the latest in the HealthCast series of reports on health industry trends published by PricewaterhouseCoopers’ (PwC) Health Research Institute.


Monday, 22 February, 2010

PricewaterhouseCoopers responds to Singapore Budget 2010

PricewaterhouseCoopers (PwC) responds to Singapore Budget 2010, just delivered this afternoon by Finance Minister, Tharman Shanmugaratnam.


Wednesday, 10 February, 2010

Regulatory over-reaction tops Asian bankers’ fears

But potential threat of an asset bubble in Asia is senior bankers’ biggest “banana skin” risk in 2010, uncovers the latest CSFI/PwC Banking Banana Skins risk poll.


Tuesday, 2 February, 2010

Asia Pacific CEOs puts the worst behind them and charts a new course for growth

People and climate change are still critical issues for longer-term sustainability based on latest PricewaterhouseCoopers’ (PwC) survey.


Wednesday, 27 January, 2010

Budget Wishlist 2010

PricewaterhouseCoopers unveils wish list for Budget 2010 as Singapore prepares for an upturn in an uncertain world


Thursday, 12 November, 2009

Business leaders remain cautious but are hopeful and open to change in the post-crisis economy

reveals APEC-PricewaterhouseCoopers survey


Tuesday, 8 September, 2009

Asia’s private banking at the crossroads – time to change for the future

Sixty per cent of Asia’s private banks suffered client asset attrition of more than 20 per cent in the last 12 months, but 90 per cent expect to grow their client asset base by almost 30 per cent per annum over the next two years, according to PricewaterhouseCoopers (PwC).


Tuesday, 5 May, 2009

Pharma companies must explore unconventional collaborations to survive economic crisis

According to new research by PricewaterhouseCoopers (PwC), even the largest pharmaceutical companies will soon need to step outside their sector and collaborate with other organisations.


Tuesday, 28 April, 2009

66% of foreign invested fund management companies in China anticipate significant growth by 2012

PricewaterhouseCoopers report finds no evidence to suggest the global financial crisis has resulted in moves to scale back or withdraw from China


Monday, 23 March, 2009

Financial institutions are cautiously optimistic about M&A in Asia’s new playing field

Notwithstanding the crisis, M&A is still on the cards. More than one in three senior executives are planning strategic deals within the next 12 months to seize unprecedented expansion opportunities, reveals the latest PricewaterhouseCoopers M&A survey on financial services


Thursday, 12 March, 2009

Grim economic outlook tops risk concerns for insurers in Asia

Investment performance is key to survival, reveals the latest joint PwC and CSFI Banana Skins 2009 poll


Thursday, 12 March, 2009

Tech Companies in Asia upping the ante in collaboration

73 per cent of technology companies in Asia see collaboration as fundamental to tap business and innovative opportunities in next three years but increasing complexities pose critical risk concerns


Monday, 9 March, 2009

Smaller and refocused salesforce will enable pharma companies to create more value for patients

New marketing model will transform industry in next 10 years says PwC report


Wednesday, 11 February, 2009

Opportunities for Singapore companies to claim sizeable VAT refunds in the UK

Amid a global financial crisis when businesses are bearing the brunt of a credit crunch and cash is king, businesses in Singapore may find an unexpected source of cash if they have subsidiaries in the United Kingdom (UK) who have paid value-added tax (VAT) prior to 1 May 1997.


Friday, 6 February, 2009

The day after tomorrow

Financial services will adapt to its new world with significant changes to its traditional models, argues a new PricewaterhouseCoopers paper


Wednesday, 4 February, 2009

Asia Pacific CEOs more bullish about short term growth

People critical to long-term growth, says PricewaterhouseCoopers survey


Friday, 23 January, 2009

PricewaterhouseCoopers comments on the Singapore Budget 2009

PricewaterhouseCoopers (PwC) Services LLP in Singapore unveils its comments for the 2009 Singapore Budget.


Monday, 5 January, 2009

New Year wish list for Singapore Budget 2009

PricewaterhouseCoopers shares insights on budgetary measures needed to brave the storm in the current economic climate


Monday, 5 January, 2009

PricewaterhouseCoopers converted to Limited Liability Partnership on 1 January 2009

PricewaterhouseCoopers (PwC), a previously existing accounting partnership in Singapore had on 1 January 2009 converted into an accounting limited liability partnership (LLP) known as PricewaterhouseCoopers LLP (PwC LLP)


Friday, 19 December, 2008

PricewaterhouseCoopers and Kreta Ayer Residents Committee bring Christmas cheer to elderly residents in Chinatown by giving over $34,000 in donations

Christmas comes early for 400 households comprising elderly residents living in one-room HDB flats in Chinatown today. This is the result of a joint initiative by PricewaterhouseCoopers (PwC) Singapore and Kreta Ayer Residents’ Committee (RC).


Friday, 5 December, 2008

Singapore ranks second among Asia Pacific cities for real estate investment: Emerging Trends in Real Estate® Asia Pacific 2009

Singapore retains its second place rating in the top five Asia Pacific cities in terms of real estate investment prospects, according to Emerging Trends in Real Estate® Asia Pacific 2009, recently released by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).


Tuesday, 4 November, 2008

Asian financial institutions see changes in the offing for talent rewards

93% expect to see changes ahead and more than half favour incremental changes with greater variability in rewards structures within industry


Thursday, 30 October, 2008

Security practices in Asia now on par with North America, boosted by advances in India, China, Singapore and Hong Kong

Singapore companies shore up their security measures and now view security from a strategic and management perspective, a new PwC report reveals


Friday, 24 October, 2008

PricewaterhouseCoopers invests in its people for the future

A unique sporting challenge to build team spirit and give back to the community


Friday, 17 October, 2008

Time of uncertainty is time of opportunity for private equity, says PricewaterhouseCoopers

A new report from PricewaterhouseCoopers highlights the need for private equity firms to diversify and differentiate their businesses through this period and outlines the key challenges the industry must address in order to respond to today’s contracted markets.


Tuesday, 14 October, 2008

Singapore tops an inaugural survey as the easiest country to localise foreign talent in Asia

Survey results confirm Singapore’s success in attracting foreign talent through government and corporate initiatives


Monday, 7 July, 2008

PwC launches new thought leadership on Pharma R&D

"Pharma 2020:Virtual R&D, which path will you take?" contends that new technologies could transform Pharma R&D by ‘virtualising’ research to drive innovation


Tuesday, 24 June, 2008

Entertainment and media companies face a collaboration imperative for the next five years

Net Generation fuels need for industry alliances, with global spending on entertainment and media forecast to reach US$2.2 trillion in 2012


Monday, 23 June, 2008

Foreign banks in China forecast buoyant revenue growth in 2008

The number of foreign banks in China may reach 100 by 2011


Tuesday, 13 May, 2008

Asian financial services firms undaunted by credit crunch as M&A activity reaches record levels, reveals PwC survey

M&A activity involving Asian financial institutions is at unprecedented levels, with Asian firms seeing little impact so far from the current credit crunch.


Tuesday, 6 May, 2008

Credit fears transform banking risk landscape, says PwC poll

‘Banana Skins’ survey ranks top risks facing banks worldwide


Tuesday, 25 March, 2008

Investors rank transparency and risk management as highly as returns in their decisions to retain alternative asset managers, says PwC survey

This finding verifies industry belief that when returns start to moderate, investors focus more intently on operational infrastructure.


Monday, 4 February, 2008

Asian CEOs more confident than their Western counterparts

Asia also takes the lead on M&A activity, PwC global survey finds


Monday, 19 November, 2007

Paying Taxes 2008: Paying Taxes Is Getting Easier but More Reform Is Needed

Paying Taxes 2008: Paying Taxes Is Getting Easier but More Reform Is Needed


Monday, 12 November, 2007

PwC "Internal Audit 2012" Studies Reveal Significant Changes Ahead for Asia Pacific Internal Auditors

Achieving greater risk coverage at a lower overall cost will drive significant change in the internal audit process


Tuesday, 16 October, 2007

Economic crime remains a major threat to Singapore companies

PricewaterhouseCoopers finds controls alone are not enough deterrent, corporate culture, ethics and risk management needed to effectively fight fraud


Thursday, 27 September, 2007

Shanghai, Singapore, Tokyo among top Asia Pacific cities for Real Estate Investment

Second Annual Investor Survey Ranks Markets, Property Types


Monday, 16 July, 2007

Wealth management sector set for record growth levels in next 3 years

CEOs staggeringly optimistic about growth prospects but success could be derailed by a lack of focus on client-centric behaviour and regulatory compliance


Tuesday, 26 June, 2007

E7 Banking Markets to Overtake G7 by 2050

China & India to lead the pack through rapid organic growth and M&A


Wednesday, 23 May, 2007

Asia’s Frenzied Financial Services Deal Environment Increases Risk of Overpaying

Singapore is 3rd most popular outsourcing destination in Asia for financial services


Monday, 21 May, 2007

Asia to be powerhouse of global pharmaceutical industry

Singapore dovetails China and India as target countries for expansion says PwC poll


Thursday, 10 May, 2007

Foreign bank revenue in China expected to grow at least 20 per cent this year

By 2010, foreign bank assets are predicted to double to more than US$100 billion Singapore banks expected to benefit


Monday, 8 January, 2007

Market Reporting in Asia will reach international best practice after 2015

Despite perception gap within Asia, 86% of financial services firms here view market reporting important, PwC poll finds


Monday, 17 July, 2006

Singapore banks point to derivatives, back office and interest rates as next banking disasters

Globally though, banks are anxious about regulatory overkill – PwC poll says


Thursday, 22 June, 2006

M&A on the rise in Asia’s financial services sector with China and India as top targets

Firms now regard protectionism as mere cost of doing business, says PwC poll


Wednesday, 7 June, 2006

To win and grow in Asia, financial Institutions should bank on customer needs

Else lose up to 10% of customer base to competition, PwC poll says