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 155 countries and have more than 174,000 professionals worldwide.

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Media Releases for 2009 

Listed below are KPMG news and media releases for 2009.

Navigating the Storm: charting a path to recovery? (PDF, 27KB)

28 December 2009 - KPMG's Global Construction Survey 2009 reveals there is much to be optimistic about, despite falling demand and commercial and residential building work inevitably suffering as funding dries up in the wake of the financial crisis.

Southeast Asia's transport infrastructure expenditure to hit US32 billion in five years (PDF, 237KB)

23 December 2009 - A new KPMG study projects that the expenditure on transport infrastructure in South-East Asia may grow by an average of 3.5 percent per annum over the next five years.

Increased revenue and job growth in 2010 for semiconductor industry (PDF, 30KB)

21 December 2009 - Semiconductor executives are expressing renewed confidence that their industry will see greater revenue during 2010, with some increase in profitability and with trailing job growth.

KPMG reports 2009 revenues of US$20.1 billion (PDF, 34KB)

17 December 2009 - KPMG's strongest performing region was Asia Pacific, with local currency growth of 3.9 percent, driven largely by growth in the Audit practice across the firms.

KPMG Business Outlook Survey 2009 (PDF, 32KB)

14 December 2009 - Commissioned by KPMG international and covering 17 countries, this survey provides a snapshot of business confidence for the global manufacturing and services industries using key indicators such as revenues, new orders, profits and employment for the coming 12 months.

Global Insurance: Getting the balance right (PDF, 44KB)

24 November 2009 - KPMG International's latest global insurance survey examines how the financial crisis is changing the attitude of the global insurance industry to risk and capital management.

Out of adversity: Latin American businesses respond to economic recovery (PDF, 33KB)

11 November 2009 - Businesses across Latin America are using the global recession as an opportunity to review and reshape their operations in preparation for the upturn.

Winners of the 2009 E50 announced (PDF, 204KB)

2 November 2009 - Jointly organised by The Business Times and KPMG LLP (Singapore), this year's judging criteria was enhanced to include a stronger focus on liquidity and risk management practices in light of the recent economic crunch.

KPMG Corporate and Indirect Tax Rate Survey 2009 (PDF, 52KB)

29 October 2009 — This year represents a milestone in global tax policy, as governments — driven by the need for more revenue — are implementing proactive measures to increase the tax take from both indirect taxes and the tax base for corporate income taxes.

Singapore Cash Management Survey 2009 (PDF, 112KB)

1 October 2009 - This inaugural KPMG survey of 251 Singapore-based companies reveals that while almost all companies in Singapore rated cash and working capital management as important, most are missing opportunities to release cash from other areas of their business.

KPMG's Global Assignment Policies and Practices Survey (GAPP) 2009 (PDF, 28KB)

28 September 2009 - Despite the recent downturn, organisations worldwide made cuts but continued to send assignments overseas according to the results of KPMG's 2009 GAPP survey of 470 human resources (HR) executives.

KPMG Business Outlook Surveys (PDF, 144KB)

14 September 2009 - A survey of senior executive across four key US industry sectors suggest that three-quarters of them believe business conditions for in their particular industry will be better in 2010 than now.

Individual Income Tax and Social Security Rate Survey 2009 (PDF, 93KB)

24 August 2009 - This latest survey report of 86 countries suggests that top personal income tax rates around the have fallen by an average of 2.3 percent over the past seven years. However, this trend may be coming to an end as governments look for increased revenues to fund stimulus packages.

Never catch a falling knife (PDF, 843KB)

10 June 2009 - Companies in the Asia Pacific region are significantly more likely than their European counterparts to be planning a radical change in their business strategies. They are using the global recession as an opportunity to transform their operations in anticipation of emerging new international markets.

IFRS Conversion: Start the journey early, and take a clear map (PDF, 505KB)

4 June 2009 - Organizations planning for conversion to International Financial Reporting Standards should start the process early, and have a clear roadmap to their objective. The conversion process also offers unique opportunities for companies to transform their finance function for long-term efficiencies and savings.

KPMG Asia-Pacific IFRS Conference: Restoring confidence in capital markets (PDF, 27KB)

27 May 2009 - Plans by the Singapore Accounting Standards Council to fully converge the Singapore Financial Reporting Standards with International Financial Reporting Standards were announced today by the Minister for Finance, Mr Tharman Shanmugaratnam at the KPMG Asia-Pacific IFRS Conference, held at Grand Copthorne Waterfront Hotel in Singapore.

Enterprise 50 Awards: Staying resilient and preparing for the upturn (PDF, 271KB)

28 April 2009 - 2009 Enterprise 50 (E50) Awards: Jointly organised by The Business Times and KPMG, nominations for the 2009 Enterprise 50 Awards opens for nominations today and closes on 15 June 2009. Application information is available from the E50 secretariat.

Labour mobility remains the key to business growth plans (PDF, 40KB)

16 April 2009 - KPMG's Tax, Demographics and Corporate Location Survey finds that companies still source skilled labour from other countries despite higher costs.

Tax rules tighten for investment funds across Asia-Pacific region (PDF, 32KB)

16 February 2009 - New 17 country KPMG survey finds increasing scrutiny of fund structures by tax authorities.

International assignments remain on upswing despite economic downturn (PDF, 30KB)

12 February 2009 - Despite the economic gloom, 83 percent of human resources executives surveyed worldwide expect the number of international assignments to remain the same or increase over the next five years.

Current infrastructure investment inadequate for long-term business growth (PDF, 35KB)

5 February 2009 - The current level of infrastructure investment is insufficient for growth, says 77 percent of C-level executives surveyed in a recent KPMG survey titled Bridging the Global Infrastructure Gap.

Global M&A Predictor 2009 (PDF, 61KB)

29 January 2009 - KPMG Corporate Finance's Global M&A Predictor forecasts that 2009 will see a continued fall in global mergers and acquisitions (M&A) but that deal activity should slowly return late in the year.

KPMG Budget reactions 2009 (PDF, 40KB)

22 January 2009 - Singapore's Budget statement was read in parliament on 22 January 2009. These are KPMG's reaction quotes.

Banking beyond the credit crisis: risk management (PDF, 39KB)

19 January 2009 - Almost 50 percent of over 500 global banking executives surveyed said their board lacks risk expertise and 76 percent involved in risk management feel that risk management is still regarded as a support function at their organisation.
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Media Releases