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Organisations Should Prioritise Risk Function’s Digital Fitness to Make Smarter Decisions

Organisations Should Prioritise Risk Function’s Digital Fitness to Make Smarter Decisions

LONDON, Apr. 2 (Korea Bizwire) — Organisations should focus on developing stronger digital skills and capacity in their risk function in order to make more informed decisions about risk in a technology-driven world, according to the eighth edition of PwC’s Risk In Review study. The 2019 study has found that while many organisations have already [...]

Traditional Cost-cutting Measures Aren’t Enough to Solve Current Profitability Crisis in Financial Services Industry

Traditional Cost-cutting Measures Aren’t Enough to Solve Current Profitability Crisis in Financial Services Industry

NEW YORK, Feb. 5 (Korea Bizwire) — In a new report titled: The productivity agenda – moving beyond cost reduction in financial services, PwC sets out the important challenges and opportunities facing the financial services industry and the ways in which senior executives should respond if they wish to move beyond simple cost cutting and [...]

Governments Should Do More to Unlock the Potential of Technology to Facilitate Tax Compliance, Says PwC and World Bank Report

Governments Should Do More to Unlock the Potential of Technology to Facilitate Tax Compliance, Says PwC and World Bank Report

BEIJING, Nov. 20 (Korea Bizwire) — Tax authorities could do more to realise the full potential of new technology to reduce the tax compliance burdens on taxpayers, according to the 2019 edition of the annual Paying Taxes report, produced by PwC and The World Bank Group. The report, released today in Beijing, has found that [...]

Despite Increasing Trade Tensions Business Confidence in Asia Pacific Remains High

Despite Increasing Trade Tensions Business Confidence in Asia Pacific Remains High

PORT MORESBY, Papua New Guinea, Nov. 15 (Korea Bizwire) —  Business leaders across Asia Pacific remain confident that their companies revenues will grow over the next 12 months despite increasing trade frictions. In its latest survey of 1189 business leaders across the 21 Asia-Pacific Economic Cooperation (APEC) economies, PwC found that 35% were very confident [...]

Organisations Are Not Doing Enough to Prepare for the Future of Work, Finds PwC Report

Organisations Are Not Doing Enough to Prepare for the Future of Work, Finds PwC Report

LONDON, Nov. 13 (Korea Bizwire) — While the majority of businesses recognise which capabilities are important for their future success, many are failing to take the actions needed today to build or even introduce them into their organisations. These actions include using data analytics to make workforce decisions and creating a compelling work experience for [...]

Strong Values Drive Growth for Family Business amid Disruption Fears, Finds PwC Global Survey

Strong Values Drive Growth for Family Business amid Disruption Fears, Finds PwC Global Survey

LONDON, Nov. 7 (Korea Bizwire) — Family businesses should seek to maximise the competitive advantage that comes from their strong values-led culture, according to the Global Family Business Survey 2018 released today by PwC. This year’s survey saw family business leaders globally reporting robust health, with levels of growth at their highest level since 2007. [...]

China and Europe Post Double Digit Increases in R&D Spending

China and Europe Post Double Digit Increases in R&D Spending

NEW YORK, Oct. 30 (Korea Bizwire) — Annual worldwide corporate R&D spending increased by 11% in 2018, totaling US$782bn in annual investment, based on an annual analysis of the 1000 largest global public companies by R&D spend conducted by PwC’s Strategy&. The 14th edition of PwC’s Strategy& Global Innovation 1000 Study shows how innovation investment is [...]

AI and Related Technologies Could Create Around 90 Million More Jobs in China than They Displace over Next Two Decades

AI and Related Technologies Could Create Around 90 Million More Jobs in China than They Displace over Next Two Decades

TIANJIN, China, Sept. 18 (Korea Bizwire) — AI and related technologies such as robots, drones and autonomous vehicles could provide a net boost to employment in China of around 12% over the next two decades, equating to around 90 million additional jobs. Launching the analysis at the World Economic Forum Annual Meeting of the New [...]