KPMG

Startups, Entrepreneurs, Digital economy

Singapore ranks fourth in Asia Pacific for total value of start-ups

The top 10 emerging giants in the city-state possess a combined value of US$3.2 billion behind mainland China, India and Japan.

Jobs

Big four audit firms dangle higher pay to keep Singapore talent

Basic pay for associates jumped by $500 to $3,500 per month, reads an internal document at one of the Big Four audit firms.
Singapore's fintech global market share doubles to 6.4% in 2Q2022 amid global correction: KPMG - THE EDGE SINGAPORE

Fintech

Singapore's fintech global market share doubles to 6.4% in 2Q2022 amid global correction: KPMG

Singapore’s deal activity for the first half of 2022 is also the second-highest on record behind 2021.

Digital Economy

Strengthening the supply chain

Here are some supply chain challenges and how businesses can overcome them and build their resilience.

Singapore economy

GST hike in Singapore 'inevitably' needs to proceed despite inflation: KPMG

Raising the GST may be one of the most “fiscally sustainable methods” to increase tax revenue to fund healthcare and social costs.
EY says it is in early stages of evaluation separation of audit and consulting   - THE EDGE SINGAPORE

M&A

EY says it is in early stages of evaluation separation of audit and consulting

Unconfirmed reports emerge that EY may split its audit and consultancy operations
Fresh Off The Block: XRP rallies amid ongoing lawsuit and more - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off The Block: XRP rallies amid ongoing lawsuit and more

Sotheby's announced its first NFT-dedicated live auction while KPMG in Canada makes its first cryptoasset investment

Singapore economy

Briefs: GST hike needed for 'better Singapore for tomorrow'; former Midas CEO charged

In other news, investments in Singapore’s FinTech industry hit five-year high in 2021 at US$3.94 billion, says KPMG.

Fintech

Investments in Singapore’s fintech industry hit five-year high in 2021 at US$3.94 bil : KPMG

Singapore saw record levels of investments in crypto and blockchain, with US$1.48 billion transacted across 82 deals in 2021.

Environmental, Social and Governance

KPMG: Make carbon tax more cost-effective

“Further increases in the carbon tax rate may translate to higher prices of electricity for consumption.”
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