How PwC is helping Asia Pacific make the most of its growth opportunities
The Asia Pacific region is a powerhouse of global economic growth. The Asia Pacific region accounts for more than half of the world’s population, one fifth of the world's economy, and is expected to contribute about 60% of all global growth in the next 10 years (Source: WEF, UNFPA).
Such growth promises a rising tide of prosperity but as Asia Pacific businesses grow and mature, the challenges confronting them and broader society become more challenging and complex.
That’s why PwC Asia Pacific is dedicated to fostering new ways of working to solve the important problems.
We do this by bringing together people with diverse ways of thinking and giving them the space to approach problems from all angles. We know the collective power of difference and its ability to spur creative breakthroughs.
Here’s how PwC is using it to solve important problems.
"Old solutions won’t work for new problems, so we’re dedicated to thinking differently about the challenges and opportunities facing Asia Pacific. Our priority is to help our clients succeed in this very dynamic and ever-changing part of the world, and to help build trust in society."
Asia Pacific is changing. The strong fundamentals which dramatically improved prosperity and living standards across the region, can no longer be relied upon to address the inevitable continuous disruptions.
The era of passive growth is over; it is now time to act.
This is Asia Pacific’s time. Asia Pacific must now build a resilient future on five pillars: Advancing the digital economy, enabling regional enterprise growth, rebalancing supply chains and fostering innovation, future-proofing the labour force, and building towards a net-zero economy.
The amount of data being generated and collected each and every moment is not only staggering – it’s growing astonishingly. But most businesses are struggling to collate or analyse this data, letting potentially transformative insights go ignored and unknown.
Siloed or fragmented data drastically reduces the value of the insights that can be drawn from it, but large datasets can be impossible to thoroughly analyse. It’s why we created a business intelligence tool that combines unified datasets with powerful visualisation, to allow fast identification of outliers.
As the effective date draws near, insurers continue to experience unforeseen roadblocks and delays in their IFRS 17 implementation programmes. In our Asia Pacific IFRS 17 Health Check Survey 2021, we surveyed 37 insurance executives across eight territories, including Singapore, Australia, Hong Kong, Japan, Malaysia, New Zealand, Philippines, and Thailand to assess how much progress insurers have made over the past year and how their challenges have changed.
PwC Asia Pacific Vice Chairman ; Indonesia Territory Senior Partner, Jakarta, PwC Indonesia
+62 21 509 92901
PwC Asia Pacific Vice Chairman ; Japan Group Chairman, PwC Japan
PwC Asia Pacific Vice Chairman ; New Zealand Chief Executive Officer, Auckland, PwC New Zealand
+64 21 646 418
PwC Asia Pacific Vice Chairman ; Taiwan Chairman & Chief Executive Officer, Taipei, PwC Taiwan
+886 2 27296666, x26693
PwC Asia Pacific Vice Chairman ; Thailand Chief Executive Officer, PwC Thailand
+66 (0) 2844 1000
Asia Pacific Chief Digital & Information Officer, PwC Australia
+61 2 8266 1580