KPMG

Industries that are regulated and operating critical infrastructures are expected to be more prepared against cyber-attacks, says KPMG Singapore’s Lee Ser Yen.

Managements need to proactively identify, quantify, and respond to risks such as supply chain and geopolitical risks, says KPMG Singapore’s Head of Advisory (Consulting).

Both countries produce materials used in semiconductor production.

The Lion City is home to 12 unicorns and over 9,300 startups.

In Q2, the country's global market share by deal value jumped to 6.4%.

The KPMG analyst said it’s necessary to retain petrol and diesel taxes.   An expert from KPMG countered calls for a petrol tax holiday amidst rising fuel costs.

The expected push back is amidst recent developments in Europe.   The implementation of the global minimum tax of 15% by 2023 might be delayed until 2024, according to an expert from KPMG.   KPMG Partner Mark Addy said the pushback will likely be due to the recent developments in Europe – hitting record inflation, the ongoing Russia-Ukraine conflict, and more.   Addy, however, said the implementation will not be delayed beyond 2024 given the very strong momentum for the global minimum tax.

The last increase related to sin taxes was in 2018.

The country’s social expenditures are also going up exponentially, say experts.

Alvin Gan joins the panel of judges at the Malaysia Technology Excellence Awards 2022.

The blueprint will drive the ESG change agenda.

The deal value skyrocketed from $2.86b in 2020.

Businesses were urged to plan ahead as GST rate hike gets delayed.

The carbon tax will be raised to $25 per tonne in 2024.

Around $5.3b of investments in the industry were recorded. 

KPMG Singapore expects the tax hike to be implemented in one go.