Ernst & Young (EY)

Covid-19

Retailers see going digital as 'the way forward' in post Covid-19 era: EY poll

Following nationwide lockdowns which has led to physical store closures, retailers have had to rely more heavily on online platforms.

Management & Corporate Governance

Asia gets tougher on auditors after high-profile defaults

(Mar 14): Regulators in some Asian countries are getting tougher on auditors after landmark defaults, in an increasingly high-stakes game as investors call for earlier warning signs amid expectations for debt failures to mount.

Singapore Fintech Festival 2018

Singapore FinTech Festival attracts US$12 bil of capital for Asean enterprises

SINGAPORE (Oct 22): The 380 participating investors who enrolled for the Singapore FinTech Festival’s deal-making platform, MATCH, are planning to invest US$6.2 billion ($8.5 billion) in Asean enterprises next year, and an additional US$6 billion over t

Management & Corporate Governance

Informatics' board confident of ability to continue as going concern

SINGAPORE (July 3): The board of Informatics Education has expressed confidence of the company’s ability to continue as a going concern.

M&A

How M&A deals in Singapore could fail to generate shareholder value

SINGAPORE (Feb 5): Companies in Singapore risk jeopardising the value of their merger and acquisition (M&A) deals by underinvesting in post-merger integration, according to EY.  

Singapore Fintech Festival 2017

Up to US$2 bil of capital on tap for startups on 'Deal Day'

SINGAPORE (Nov 17): Up to US$2 billion ($2.7 billion) of capital was made available to startups at the Singapore FinTech Festival’s Investor Summit or “Deal Day” on Friday.

Who dares disrupt, wins: EY unveils Entrepreneur of the Year 2017 Singapore winners

SINGAPORE (Sept 14): EY, the professional services organisation, has announced five winners for the 16th Entrepreneur of the Year (EOY) 2017 Singapore awards who embodied the theme “Leading through disruption”.

Results

EY posts US$31 bil in FY17 global revenue with highest growth rate from Asia Pacific

SINGAPORE (Sept 5): EY, the multinational professional services firm, posted a 7.8% growth in combined global revenues to US$31.4 billion ($42.6 billion) for the full year ended June from a year ago.

Purpose, not profit, is key to innovation in the face of disruption

SINGAPORE (July 25): A majority 73% of business leader respondents believe in the strong value of corporate purpose and only a minority of 15% believe that their company’s main purpose is to maximise shareholder value, according to the latest report by

Fintech

What a lower-than-average fintech adoption level means for Singapore

SINGAPORE (July 18): Singapore’s financial technology (fintech) adoption grew to 23% this year from 15% in 2015, according to study findings by assurance, tax, transaction and advisory services firm EY.  
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