PricewaterhouseCoopers (PwC)

Tech

EY, PwC among organisations affected by MOVEit cyberattack

Some of the organisations affected by the breach are BBC, British Airways, EY, Australian health insurer Medibank and Shell.

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.

Oil & Gas

Banks affected by Hin Leong hit snag to tap $2 bil in Lim assets

The impasse signals that the banks, which also include Singapore’s DBS Group Holdings Ltd., may face a long battle to recover any money from the insolvent firm.

Global Economy

More than half of CEOs see global growth slowing this year

The proportion of CEOs expecting global growth to slow in the coming year has risen 10-fold since 2018.

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.

Management & Corporate Governance

Tabung Haji fails to recognise $180 mil in impairment: PwC

KUALA LUMPUR (Dec 11): Lembaga Tabung Haji failed to recognise a total of RM549 million ($180.4 million) in impairment losses of investments in several associate companies and subsidiaries as well as fair value losses in investment properties and impairm

Family business

Succession & forward planning remain key challenges for local family businesses: PwC

SINGAPORE (Nov 14): While family businesses in Singapore are optimistic about growth and have a strong desire to keep their businesses in the family, few have ensured that plans are in place to achieve these objectives.

IPO

SGX to face stiffer competition from regional bourses this year: PwC

SINGAPORE (Jan 3): Singapore ended the past year with a total of 20 initial public offerings (IPOs) and $4.7 billion of total funds raised – the highest in the past four years and a stellar showing for 2017, according to a report launched today by Price

Singapore economy

Why size matters in Singapore's business environment

SINGAPORE (Dec 14): Company size matters when it comes to working capital performance, which, when managed well, could help to improve business performance and revenue growth.

IPO

Singapore’s 2017 IPO activity to surpass that of 2016: PwC

SINGAPORE (July 3): The volume of IPO funds raised by end-2017 is expected to surpass 2016 levels with professional services leading the way as the sector with the most funds raised, according to PricewaterhouseCoopers (PwC) Singapore.  
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