About KPMG in Singapore

KPMG in Singapore is part of a global network of professional services firms providing Audit, Tax and Advisory services. The independent member firms of the KPMG network operate in 152 countries and have more than 145,000 professionals worldwide.

Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG's website is located at kpmg.com.sg

For media enquiries, please contact:

Lisa Lim
Assistant Manager, Marketing & Communications
+65 6507 1519

lisalim@kpmg.com.sg
Leow Si Wan
Assistant Manager, Marketing & Communications
+65 6507 1541

siwanleow@kpmg.com.sg
Kelvin Lee
Associate Director, Marketing & Communications, KPMG in Singapore
+65 6507 1534

kelvinlee1@kpmg.com.sg

Media Releases for 2010

Listed below are KPMG news and media releases for 2010.

New perspectives on risk changing supply chain strategies globally

20 December 2010 - A clear majority of leading industrial companies still see cost as their main priority when managing supply chains, despite emerging evidence that excessive focus on cost has damaged relationships.

KPMG reports 2010 revenues of US$20.6 billion

16 December 2010 - KPMG International announced member firm combined revenues totaling US$20.63 billion for the fiscal year ending September 30, 2010, versus US$20.11 billion for the prior fiscal year.

Committed to sending employees abroad, companies keep close eye on the cost of assignment programmes

15 Dec 2010 - Managing the cost of international assignment programmes remains a key concern, according to results of survey by KPMG International.

General hedge accounting overhaul proposed

10 Dec 2010 - KPMG comments on release of proposals by the IASB on new Hedge Accounting Exposure Draft.

Emerging economy companies back on the prowl for new deals

12 September 2010 - M&A deals driven by emerging economy companies jump 25 percent.

2010 Enterprise 50 Awards: Poised for growth

03 November 2010 - Singapore's 50 most enterprising companies for 2010 were announced at the Enterprise 50 (E50) Awards Presentation and Gala Dinner. Leading the awards' list in 2010 for a second year is Samwoh Corporation Pte Ltd.

Calm before the storm: corporate and indirect tax rate changes coming up around the world

28 October 2010 - The 2010 Global Corporate & Indirect Tax Survey from KPMG International highlights that a large number of countries are considering, or are in the process of implementing, substantial reforms to their tax systems.

Income tax rates back on the rise

13 October 2010 - KPMG International's latest 2010 Individual Income Tax & Social Security Rate Survey suggests that the global decline in top personal income tax rates over the past seven years generally appears to have come to an end.

Seven out of 10 business leaders surveyed globally want national debt reduced through cuts in public spending, says KPMG

30 September 2010 - With 72% of businesses concerned about their country's level of public debt, this new survey shows that cutting public spending is the most popular method of managing the public debt.

Lease accounting set for a shake-up

18 Aug 2010 - KPMG comments on release of proposals by the IASB & the US FASB for a new Leasing Exposure Draft.

KPMG hosts carnival of fun and adventure for 650 disadvantaged children

12 August 2010 - For the 12th consecutive year, KPMG’s annual Make a Difference Day saw the firm close its doors for business as some 2,000 of the firm's employees dedicated the day to the less fortunate in the community.

Convenience edges out consumer concerns over privacy and security, finds KPMG survey

10 August 2010 - This year's study, the fourth in a series, reveals that while consumers remained concerned with privacy issues, they are often very willing to exchange personally identifieable information with vendors when it benefits them.

Major changes ahead for insurance accounting, says KPMG

30 July 2010 - KPMG welcomes today's release of proposals by the International Accounting Standards Board (IASB) for a new accounting model for insurance contracts.

US Technology executives see improving sector fueled by growth outside the country: KPMG survey

27 July 2010 - This Business Pulse survey finds that nearly 90% of US technology executives expect corporations globally to increase IT spending this year. China is expected to have the highest revenue & employment growth over the next 12 months.

KPMG and Infrastructure Journal announce the world's leading infrastructure projects

28 June 2010 - Singapore based infrastructure projects ITE College West Campus & the Next Generation Nationwide Broadband Network were ranked among the top 100 infrastructure projects in the world.

Asia Pacific tax regimes continue trend of change

22 June 2010 - According to data from KPMG International, the average Asia Pacific corporate tax rate has fallen from an average of 27.5 percent in 2009 to 27 percent in 2010.

One in two Singapore based companies are not strategically managing their business risks

25 May 2010 – Survey covering 203 companies across SG's private sector finds that ½ of SG-based companies not strategically managing business risks.

Enterprise 50 Awards: Poised for growth

4 May 2010 - 2010 Enterprise 50 (E50) Awards: Jointly organised by The Business Times & KPMG, nominations for the 2010 Enterprise 50 Awards opens for nominations today and closes on 30 June 2010.

Economic recovery taking hold worldwide, suggests KPMG survey

13 April 2010 - Optimism reported around business activity, revenue and profits but prospects for increased employment remain muted.

Tax departments worldwide pressured to raise their game

5 Apr 2010 - Companies which get tax basics right better able to balance risks/opportunities, gain clear business advantage in competitive markets.

UK Moves Ahead of US and France in Competitive Business Costs: KPMG

30 March 2010 - The UK has pulled ahead of both the US & France as an affordable jurisdiction to conduct business, according to KPMG's Competitive Alternatives 2010 study.

Singapore's Indirect Tax rate still among the lowest in the Asia-Pacific

29 Mar 2010 - At 7%, Singapore's GST rate still remains among the lowest in the Asia-Pacific, & well below the current Asia-Pacific average of 10.8%.

Singapore Budget 2010: Comments from KPMG on the Budget Statement

22 February 2010 - Singapore's Budget statement was read in parliament on 22 February 2010. These are KPMG's reaction quotes.

Singapore ahead in taking steps to addressing the ageing workforce

17 February 2010 - Demographic change is likely to have a profound effect on the public sector. The good news is that Singapore is ahead of its global counterparts.

KPMG Tax Services: Wishlist for Budget 2010

11 February 2010 - In this year's wish list, KPMG shares its suggestions for increasing Singapore's attractiveness as a destination for global talent & investment, while promoting the growth of Singapore's enterprises.

KPMG's reactions to the recommendations of the Economic Strategies Committee (ESC)

09 February 2010 - The following quotes are KPMG's reactions to the ESC's recommendations announced on 1 February 2010.

Data readiness issues may be preventing companies from responding effectively to litigation and regulatory action

26 Jan 2010 - Significant concern among in-house lawyers about responding to requests for data in the process of litigation or from regulators.

Media Releases

© 2013 KPMG Services Pte. Ltd. (Registration No: 200003956G), a Singapore incorporated company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

KPMG International Cooperative ("KPMG International") is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.