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See below for the Latest EY News, Analysis, Profit Results, Share Price Information, and Commentary.

Seven in 10 CEOs say businesses not doing enough to address AI consequences

An EY study showed that more than half of CEOs want to focus on ethical AI.
5 days ago

Seven in 10 CEOs say businesses not doing enough to address AI consequences

An EY study showed that more than half of CEOs want to focus on ethical AI.
5 days ago

S-REITs outshine global peers in climate-related disclosures

There are 40 S-REITs traded on the Singapore Exchange.

Easy and challenging steps to make SG brands ‘world-class’ competitive

Marketing experts advise investing in omnichannel strategies and talent to diversify brands in a global space.

EY reveals centre for sustainable supply chains in Singapore

The centre is catered to offer customised services for organisations in their supply chain needs.

Chart of the Day: How did Singapore’s IPO market perform in 1H23?

Data from EY showed that Singapore only had 3 IPOs year-to-date.

Two thirds of SGX-listed firms begins climate reporting initiatives

But only a tenth have had such reports independently audited, EY said.

Adopting XaaS leverages expense model for businesses — EY-Parthenon

The subscription-based model of bundling services for a monthly or annual fee still works.

Sustainability capabilities, credentials ‘top attributes’ sought for future tech vendors: EY

This comes as ESG compliance is becoming increasingly important for tech companies.

Businesses must embrace innovation or risk being left behind, says EY leader

Modi noted that businesses in Singapore should re-examine and redesign existing operations for long-term business continuity.

Over 50 IPOs seen in Southeast Asia in the first quarter

Singapore accounted for 1 IPO launch that raised US$15m.

3 in 4 SG CEOs are delaying investment plans amidst geopolitical tensions

This is above the global average of more than 3 in 5, EY reported.

CEOs in Singapore turn to deals for competitive advantage: report

This includes mergers and acquisitions, divestments, and joint ventures amongst others. 

BNPL platforms risk losing trust by ignoring SFA Code of Conduct

Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.

IPO proceeds fall 97% YoY in 2022: EY

Proceeds fell despite no change in the number of IPOs.

Loosen requirements in acquisitions of business subsidiary to improve dealmaking: EY

It will enhance mergers and acquisition schemes in the country.

Is 2023 the year Southeast Asia’s financial services become future-ready?

Southeast Asia’s financial services institutions (FSIs) are bracing themselves for another year of volatile geopolitical and economic conditions, with record-high inflation and rising interest rates. But those willing to push the digital envelope will find new pockets of growth to help them remain resilient and become future-ready. For this to happen, FSIs need their executives to embrace a digital-era transformative mindset – one that builds skills, flexibility and agility, preparing their organizations to pivot at any moment.

CEOs eye raising capital investment to beat macroeconomic risks: study

Business leaders say global political conflict and climate crisis are a concern.