KPMG

Hyflux's former CEO, CFO and independent directors charged with offences under SFA and CA - THE EDGE SINGAPORE

Company in the news

Hyflux's former CEO, CFO and independent directors charged with offences under SFA and CA

DBS Bank was also probed for its role as issue manager in Hyflux's 2011 fundraising but no further action will be taken

Sustainability

KPMG moves to Asia Square, launches Asean Decarbonisation Hub

KPMG’s new office occupies four floors at Asia Square Tower 2, totalling 125,000 sq ft.
New climate finance accelerator to help build an ecosystem to advance sustainability in Asia - THE EDGE SINGAPORE

Digital Economy

New climate finance accelerator to help build an ecosystem to advance sustainability in Asia

The accelerator by Google Cloud, MAS and KPMG aims to channel capital toward firms with market-ready climate fintech solutions.
Fresh Off the Block: Dogecoin surges on the back of Elon Musk’s Twitter takeover  - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off the Block: Dogecoin surges on the back of Elon Musk’s Twitter takeover

Dogecoin has surged by more than 95% to 12 US cents over the past week.

Environmental, Social and Governance

Singapore’s top 100 companies found to have outperformed the global average in sustainability reporting: KPMG

Singapore's sustainability reporting rate grew by 19% to 100% in 2022, up from 81% in 2020 for the country’s top 100 companies

Singapore economy

Majority of Singapore CEOs believe that a recession is likely to impact their earnings over the next year: KPMG

CEOs in Singapore are less optimistic than their global peers on whether the recession will be a mild and short one or not.
WealthTech venture here funding grew sevenfold from 2017 to 2021: Endowus, KPMG report - THE EDGE SINGAPORE

Fintech

WealthTech venture funding here grew sevenfold from 2017 to 2021: Endowus, KPMG report

Between 2016 and 2021, Singapore's high-net-worth and ultra-high-net-worth count rose by 126% and 158% respectively.

Banking & finance

KPMG to launch Singapore's first embedded finance hub

The hub, which is set to run for at least two years, will be managed by KPMG.

Startups, Entrepreneurs, Digital economy

Singapore ranks fourth in Asia Pacific for total value of start-ups

The top 10 emerging giants in the city-state possess a combined value of US$3.2 billion behind mainland China, India and Japan.

Jobs

Big four audit firms dangle higher pay to keep Singapore talent

Basic pay for associates jumped by $500 to $3,500 per month, reads an internal document at one of the Big Four audit firms.
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