KUALA LUMPUR, 21 January 2025: Optimism on global and local economic growth continues to rise for CEOs in Malaysia [link to Malaysia write-up], according to PwC’s 28th Annual Global CEO Survey. 68% expect the global economy to improve over the next 12 months, aligning with global sentiments. Almost 60% of CEOs around...
KUALA LUMPUR, 15 January 2025: PwC Malaysia’s inaugural survey of corporate directors in Malaysia reveals a promising shift towards more progressive boardrooms. While 96% of directors express confidence in executing routine governance duties, such as establishing corporate governance structures and controls and...
KUALA LUMPUR, 11 November 2024 - Following the success of last year’s inaugural event, PwC Malaysia’s second Capture the Flag (CTF) competition, Hack A Day, supported by the National Cyber Security Agency (NACSA) and CyberSecurity Malaysia (CSM), has brought together the brightest talents in cybersecurity.
Budget 2025 represents the government’s day in the sun, having navigated through the economic challenges of the past few years. On the back of positive economic sentiments, evidenced by strong economic growth in recent quarters, manageable inflation rates and a robust Malaysian Ringgit performance against the US...
KUALA LUMPUR, 18 July 2024 – A workforce in a high-trust organisation is 13x more likely to believe that the company will reward efforts fairly in the future than a low-trust organisation, according to PwC Malaysia's latest report in collaboration with Asia School of Business (ASB).
PwC and the Asia Investor Group on Climate Change (AIGCC) have released a report that finds 53%, or US$18 trillion of Asia Pacific’s Gross Value Add (GVA) is in economic sectors that are moderately or highly dependent on nature.
According to PwC’s inaugural 2024 Global AI Jobs Barometer report, AI could allow many nations to break out of persistent low productivity growth, generating economic development, higher wages, and enhanced living standards.
KUALA LUMPUR, 2 May 2024 – Over 20 C-suite executives and marketing leaders from Malaysia’s top FMCG and retail brands gathered at the Growth Hacks Series: ‘CX as a Verb’ event, co-hosted by Insider and PwC Malaysia.
KUALA LUMPUR, 16 January 2024 – Almost half (43%) of Malaysia-based CEOs say they do not believe their organisations will be economically viable in a decade if they continue on their current path, according to PwC’s 27th Annual Global CEO Survey (Malaysia).
KUALA LUMPUR, 5 December 2023 – PwC Malaysia applauded the efforts of Malaysian public-listed companies that are making significant strides to build stakeholder trust at its Building Trust Awards 2023 ceremony.
JOHOR BAHRU, 17 November 2023: A diverse group of Johor business leaders representing key economic sectors in the Southern state convened earlier this week to discuss the future of sustainability
KUALA LUMPUR, 8 November 2023: PwC Malaysia is excited to announce the conclusion of its inaugural Capture The Flag (CTF) competition, supported by CyberSecurity Malaysia yesterday.
KUALA LUMPUR, 13 October 2023: Budget 2024 in the spirit of the Madani Economy introduces key measures that are necessary to build a sustainable foundation to drive the future growth of the country whilst ensuring the well-being of the Rakyat is taken care of.
KUALA LUMPUR, 5 October 2023: Today PwC announced that it has expanded its accreditation by CDP to a network of solutions providers throughout six PwC Southeast Asia territories.
KUALA LUMPUR, 14 August 2023 – PwC Malaysia's Building Trust Awards is back for the fifth time, to recognise and celebrate Malaysian companies that are making efforts to build trust with their stakeholders.
KUALA LUMPUR, 28 June 2023 – PwC Malaysia today announced the appointment of Nurul A’in Abdul Latif as Executive Chair for the firm with effect from 1 July 2023. She succeeds Dato’ Mohammad Faiz Azmi, who is retiring after nearly three decades with the firm. Nurul joins Soo Hoo Khoon Yean, Managing Partner, PwC...
21 June 2023: PwC has released its Global Workforce Hopes and Fears Survey 2023. 19,500 Asia Pacific employees participated, with 1,500 of them from Malaysia. Responses reveal a striking data point that highlights the challenge our region is facing today.
KUALA LUMPUR, 17 May 2023: Digital transformation for businesses has gone far beyond a buzzword. However, the question is no longer whether digital can provide value, but rather how it can increase resilience and agility, and reduce cybersecurity and data privacy risk in an increasingly complex environment.
KUALA LUMPUR, 11 April 2023 – Capital Markets Malaysia (“CMM”), an affiliate of the Securities Commission Malaysia, and PwC Malaysia (“PwC”), today launched “Corporate Malaysia’s Journey Towards a Sustainable Supply Chain”, a report, assessing the current state of Malaysia’s supply chains through a sustainability lens.
In his Budget speech, the Finance Minister shared proposed measures to address these challenges.
Nearly three quarters (73%) of CEOs globally believe global economic growth will decline over the next 12 months, according to PwC’s 26th Annual Global CEO Survey, which polled 4,410 CEOs in 105 countries and territories in October and November 2022. Similar sentiments were observed among 74% of Malaysian CEOs.
The theme of Budget 2023 “Responsive, Responsible and Reformist” paints a picture of the current economic landscape - demonstrating strong growth post pandemic whilst looking ahead to building a more resilient future.
KUALA LUMPUR, 13 July 2022 – Amidst debate on the impact of The Great Resignation in Malaysia, PwC’s Workforce Hopes and Fears Survey 2022 (Malaysia report) finds that overall, slightly over half of Malaysians (59%) are satisfied with their job.
KUALA LUMPUR, 7 July 2022 – PwC Malaysia today announced the appointment of Nurul A’in Abdul Latif as Deputy Executive Chair for the firm with effect from 1 July 2022.
KUALA LUMPUR, 14 June 2022 – PwC US and PwC Malaysia firms came together to announce the opening of a new Acceleration Center (AC) in Kuala Lumpur today. PwC ACs are global talent hubs that bring together diverse, highly skilled talent to work on complex client engagements.
20 January 2022: Asia Pacific CEOs continue to face pressure generated by the ongoing COVID-19 pandemic and market conditions such as rising inflation, supply chain disruptions and the ‘Great Resignation’. Despite an array of shifting headwinds, the CEOs that we surveyed in the region are the most optimistic they have...
KUALA LUMPUR, 1 December 2021 – PwC Malaysia has once again turned the spotlight on Malaysian public-listed companies that are demonstrating significant efforts to build stakeholder trust at its Building Trust Awards 2021 ceremony, the fourth since its inception in 2015.
The creation of the International Sustainability Standards Board (ISSB) is one of the most important developments from the 2021 United Nations Climate Change Conference (COP26). IFRS Foundation’s announcement heralds a shift in reporting practices, towards globally consistent standards, presenting opportunities for...
With the global pandemic stretching far beyond initial expectations, Budget 2022 has the momentous task of spurring the Malaysian economy towards recovery whilst balancing spending against significant pressure on government revenues. The measures announced were all encompassing and very comprehensive, with granular...
KUALA LUMPUR, 1 September 2021 – PwC Malaysia is bringing back the Building Trust Awards this year to recognise and celebrate Malaysian companies that are making efforts to build trust with their stakeholders. This is the fourth Awards since its inception in 2015, and the first to be held virtually.
22 June 2021 — PwC recently unveiled The New Equation, PwC’s landmark global strategy which responds to fundamental changes in the world, including technological disruption, climate change, fractured geopolitics, and the continuing effects of the COVID-19 pandemic. The New Equation is based on analysis of global...
KUALA LUMPUR, 30 April 2021 – Are Malaysian employees adapting better to technology one year after the onset of the COVID-19 pandemic? For 77% of Malaysians, technology presents more opportunities than risks, yet for the most part, they remain anxious about its impact on job security, according to the Malaysia report...
5th April 2021 - One year after COVID-19 was declared a global pandemic, Malaysian businesses shared their response to the most disruptive global crisis of our lifetime in PwC’s second Global Crisis Survey.
KUALA LUMPUR, 19 November 2020 – A newly launched report by PwC, Asia Pacific’s Time, explores what the region needs to do now, to build on the success of the last three decades of economic growth, and calls on governments, businesses and society to act now in order to ensure the region can secure its collective...
KUALA LUMPUR, 16 November 2020 – The COVID-19 pandemic has brought into focus the impact our businesses and lifestyles have on the environment and biodiversity. It has also highlighted systemic inequalities, such as access to healthcare and green spaces, internet connectivity, as well as work and education...
Budget 2021 is the largest, and may well be the toughest budget to craft. The pandemic has changed the economic landscape considerably, having a significant impact on businesses as well as the Rakyat. The Budget is certainly skewed to deal with the immediate need to alleviate the pain faced by the B40 and M40 groups,...
KUALA LUMPUR, 02 July 2020 – Change is coming to jobs and it’s here to stay. 70% of Malaysians believe that technology will change their current jobs in 3 - 5 years, according to PwC’s ‘Digital resilience in a new world’ report.
KUALA LUMPUR, 15 June 2020 – PwC Malaysia today announced the appointment of Soo Hoo Khoon Yean (Soo Hoo) as the new Managing Partner of the firm with effect from 1 July 2020. He succeeds Sridharan (Sri) Nair who has served as Managing Partner for the past eight years.
KUALA LUMPUR, 21 May 2020 – Businesses and policymakers in Malaysia are once again finding themselves in uncharted waters with the gradual easing of restrictions in the country, amidst the Conditional Movement Control Order (CMCO).
KUALA LUMPUR, 17 March 2020 – In line with the Movement Control Order announced by the Government on 16 March 2020 to contain the Covid-19 outbreak, our offices throughout Malaysia will be closed from 18 to 31 March 2020. During this period, we will operate fully on a work-from-home basis.
KUALA LUMPUR, 3 March 2020 – Malaysian organisations continue to experience high levels of fraud (43% of respondents, vs 41% in 2018), according to the Malaysian cut of PwC’s Global Economic Crime and Fraud Survey 2020. This is in contrast to South East Asia as a whole which has reported a decrease in fraud levels (39%...
KUALA LUMPUR, 5 December 2019 – PwC Malaysia today announced various enhancements under its flex+ programme for workplace flexibility and family-friendly practices. These enhancements, which also include lifestyle and medical benefits, are part of the firm’s priority to continue its focus on wellbeing and flexibility...
KUALA LUMPUR, 27 November 2019 – PwC Malaysia and the Malaysia Digital Economy Corporation (MDEC) celebrated the achievements of 3 startups at the end of a six-month mentoring journey with 3 partners from PwC’s Assurance, Deals and Tax practice.
Business leaders across Asia Pacific experienced more barriers to cross border activities in 2019 than they had expected and they anticipate similar level of restraints in 2020.
Budget 2020 announced by the Minister of Finance Yang Berhormat Lim Guan Eng is very focused on driving growth amidst a more uncertain global environment to ensure that the broader government agenda of shared prosperity can be achieved.
Tax officials are studying the tax model of registering internet-based overseas vendors, as part of their efforts to apply GST to the digital economy, says Chan Wai Choong, Executive Director of PwC Taxation Services Sdn Bhd.
PwC Malaysia has been appointed by eight-time World Squash Champion Datuk Nicol David as the strategic advisor to establish the Nicol David Foundation. A first of its kind in Malaysia, the Foundation aims to promote sports as a vehicle to empower disadvantaged children. It also seeks to increase the participation of...
Companies involved in One Belt, One Road (Obor) projects need to assess project objectives and risks among stakeholders in a transparent and open manner, to ensure sustainability, says Nurul A'in Abdul Latif, PwC Malaysia Markets Leader and Assurance Partner.
After a successful run (of our inaugural Challenge) earlier this year, we will once again put student teams to the test in coming up with innovative solutions to rebuild trust in business. On 12 December, we will turn the spotlight on one of the Finalist teams and a judge from the past Challenge, on our #HeyPwC Talk...
Confidence in revenue growth is at its highest level for three years amongst business leaders in 21 Asia-Pacific Economic Co-operation’s (APEC) economies. PwC surveyed over 1,400 business leaders with responsibility in each of the 21 APEC economies in the run up to the annual APEC CEO Summit in Vietnam. 57 respondents...
Budget 2018 focuses on the nuts and bolts of addressing the increase in cost of living as well as progressing towards a high-income economy. Many of the measures announced are focused on the man on the street – addressing issues of the B40 and M40 groups, civil servants, and women in the workforce.
PwC Malaysia recognised Malaysian public-listed companies (PLCs) that are making efforts to build trust at its Building Trust Awards 2017 Ceremony, attended by business leaders and board members.
Recent food fraud cases have highlighted the need for the food industry to strengthen how it detects and combats fraud across the supply chain. Repercussions to companies extend beyond financial impacts, and can damage trust, reputation and goodwill with customers.
Is FinTech a threat or an opportunity of a lifetime? That is the question on the minds of most Malaysian financial institutions (FIs). FinTech may well be a turning point in the history of Financial Services considering that 82% of Malaysian FIs perceive it as a threat to their business, compared to 73% of Singaporean...
PwC employees are now allowed to leave work at 12:30pm every second Friday of the month under a new initiative called FlexFridays.
According to SSAFE and PwC, this free tool – developed by SSAFE in partnership with PwC, Wageningen University, VU University Amsterdam and food industry leaders around the world – will help food companies assess their food fraud vulnerabilities. It meets the requirements of GFSI recognised certification schemes as...
