Global Economy

Local CEOs still confident on organisation's growth prospects but lower expectations on revenue growth

SINGAPORE (June 6): Amid heightened geopolitical risks, such as the ongoing US-China trade war, 92% of CEOs in Singapore are still confident about the growth prospects of their companies, according

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 expectatio


Which technologies should procurement leaders use to future-proof their companies?

SINGAPORE (Aug 30): Digital disruption is set to bring about game-changing impact on existing procurement industry core capabilities; the ones responsible for implementing these technology solution

Management & Corporate Governance

UK to consider proposals to curb Big Four auditors: industry official

LONDON (Aug 29): Britain’s competition watchdog is expected to formally consider proposals from top accountants to curb the market share of the “Big Four” auditors, a senior industry official said


KPMG partners A*STAR to establish first joint lab in professional services sector

SINGAPORE (July 27): KPMG and the Agency for Science, Technology and Research (A*STAR) have signed a three-year master research collaboration agreement (MRCA) together, with the intention of jointl


KrisFlyer's miles-based digital wallet KrisPay launched

SINGAPORE (July 24): KrisPay, a collaborative effort between KPMG Digital Village, Singapore Airlines (SIA) and Microsoft, has launched today as the world’s first blockchain-based airline loyalty d

1MDB Watch

Ex Malaysian PM Najib arrested in 1MDB probe

(July 3): Former Malaysian leader Najib Razak was arrested in connection with an investigation into scandal-hit state fund 1MDB and was expected to be charged on Wednesday in Kuala Lumpur, accordin

1MDB Watch

KPMG tells 1MDB to not rely on audit reports over 3 years after access to withheld documents

(June 26): 1MDB’s auditor KPMG told the company not to rely on its reports over three years as they don’t show “true and fair” assessment of the troubled state fund’s finances.

Startups • Entrepreneurs • Digital economy

Venture capital market off to a strong start for 2018

SINGAPORE (Apr 11): Venture capital (VC) investment in 2018 had a rousing start, with US$49.3 billion ($64.5 billion) raised across 2,661 deals in 1Q, just shy of the global record for a single qua


Fintech funding in Singapore reached record high of $396 mil

SINGAPORE (Feb 13): Singapore achieved a record high of US$299.1 million ($396.3 million) of fintech funding in 2017, according to the KPMG Pulse of Fintech report.

Be informed of the stories that matter