Press Releases

Tuesday, 16 April, 2013

Rallying call issued to global businesses to join the growing ranks of companies backing enhanced reporting drive

The International Integrated Reporting Council (IIRC), a global coalition of investors, companies, regulators, standard setters and the accounting profession, has opened a 90-day consultation on a framework which it is hoped will enhance corporate reporting.

Tuesday, 9 April, 2013

PwC Singapore's inaugural Accelerator programme has been established

TMT industry in Singapore in good position to address fast growing markets in Asia; PwC Singapore launches its inaugural Accelerator programme to allow overseas and local high-growth TMT companies to leverage on this potential

Monday, 25 February, 2013

PwC response: A Robin Hood Tax for Singaporeans offering benefits to citizens

Businesses also receive significant help such as through Wage Credit schemes but the Government remains focused on economic restructuring and improving productivity and quality.

Thursday, 10 January, 2013

Budget wish list 2013

Our wishlist for the Singapore Budget 2013 wish list is focussed on addressing the issues of the need for access to financing, increasing productivity and innovation and local companies expanding overseas.

Tuesday, 6 November, 2012

Leading Professional Services Network PwC launches new member firm in Myanmar

PwC announced today the official opening of its Myanmar member firm, bringing the reach of its network in Southeast Asia to 9 countries in the region

Thursday, 1 November, 2012

PwC Launches Guide to Investing in South East Asia

PwC is pleased to announce the publication of South East Asia – Investment Opportunities, Tax & Other Incentives.

Thursday, 25 October, 2012

Family businesses are ‘unsung heroes’ of the global economy, with increased sales and aggressive five-year growth plans, says PwC

Two thirds of family firms around the world have grown their sales in the past year, and even more are confident that their ambitious growth targets for the next five years will be met. However, family businesses continue to face the perennial problem of recruitment of skilled staff and planning for succession.

Wednesday, 10 October, 2012

Singapore remains Asia’s leading city in 2012 Cities of Opportunity study: PwC

For the second year in a row, Singapore is Asia’s leading city as reported in the Fifth Edition of PwC’s Cities of Opportunity study. Singapore climbed two places to 7th position out of 27 cities surveyed, ranking first in ease of doing business, and transportation and infrastructure.

Friday, 5 October, 2012

PwC FY 2012 Global Revenues Rise to US$31.5 billion

Monday, 2 July, 2012

PwC: Global commerce set to bypass the West as SAAAME emerging market intra-trade increases

Singapore a key intra-trading centre in SAAAME

Sunday, 17 June, 2012

PwC appoints Yeoh Oon Jin as next Executive Chairman

Executive Chairman Gautam Banerjee announces his successor for PwC Singapore

Thursday, 14 June, 2012

The Economics of sport: PwC study seeks to benchmark Olympic medals tally

British team set to benefit from ‘home town’ effect; Economic size matters in medal tally – but David can still beat Goliath; US and China to renew their top-of-the-table tussle in 2012

Tuesday, 12 June, 2012

The end of the digital beginning: challenge for media companies now lies in how to implement their digital strategies

Digital migration is increasingly playing out differently across the various segments and geographies of the entertainment and media industry says PwC’s Global Entertainment and Media Outlook 2012-2016

Tuesday, 8 May, 2012

PwC Appoints New Singapore Advisory Leader

PricewaterhouseCoopers LLP today announced the appointment of Ong Chao Choon as the new Singapore Advisory Leader.

Friday, 17 February, 2012

Gearing up for our future : PwC comments on the Singapore Budget 2012

PwC responds to Singapore Budget 2012, delivered this afternoon by Finance Minister, Tharman Shanmugaratnam.

Thursday, 9 February, 2012

PwC: Still a long way to go for financial institutions to be ready for FATCA

The United States Treasury Department and the Internal Revenue Service (IRS) have today issued proposed Regulations Relating to Information Reporting by Foreign Financial Institutions (FFIs) and Withholding on Certain Payments to Foreign Financial Institutions and Other Foreign Entities.

Monday, 30 January, 2012

Threat of recession contains risk of further bank failures

‘Banana Skins’ poll identifies top threats to banks

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

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

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

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

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