Insights

Following Monday's Budget announcement, our Tax leaders shared their thoughts on the keys initiatives announced and other key changes that will effect businesses and individual both in Singapore and globally.

Finance Minister, Mr Heng Swee Keat, delivered the 2019 Singapore Budget earlier today. In the bicentennial year this was a giveaway budget, sharing the 2018 surplus, with no significant tax changes. We’ve produced a handy summary of this year’s budget to help you understand the key initiatives that have been announced affecting both businesses and individuals.

Our Singapore Budget 2019 Prediction

Following a period of heightened optimism and strong economic growth, the outlook for businesses in 2019 is markedly more reserved as the global economic cycle cools and political uncertainty begins to bite, according to the latest research from Grant Thornton’s International Business Report (IBR).

While some dynamic businesses are reaping the benefits from the introduction of enterprise management software applications, robotics, and advanced business intelligence tools, for others there is a significant risk of being left behind and even making costly strategic errors.

Is your business ready for the GST changes that will be introduced in Singapore from 1 January 2020?

Whether it’s robotics, artificial intelligence or the cloud, advances in technology present a golden opportunity for the finance function...

Are we seeing 'grid parity' for renewable energy vs the electricity grid?

This is the second in a series of publications designed to get you ready for FRS 109. In this issue, we bring you up to speed with the Standard’s new expected credit loss impairment model.

Are you prepared for IFRS 16? Do you understand the discount rate? Find out more

According to our International Business Report (IBR), Asia Pacific businesses have an appetite for automation. What are the risks and opportunities at the heart of the automation revolution?

Our Industry Insights series summarises FRS 115 and explores what it means for various industries. This issue looks at the real estate and construction industries and talks you through the implications of the new revenue standard.

What's driving high business sentiment in South East Asia? Read our article to find out.

Asia Pacific (APAC) is a region in flux. In 2018, businesses must contend with numerous challenges, not limited to environmental risks and an ageing population. But with disruption comes great opportunity.

For this month, our Back to Basics session is on Payroll.

Not so long ago, an audit firm might sign off a set of group financial statements prepared by another auditor without batting an eye at their audit work papers. But those days are over – and rightfully so.