Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


PwC New Zealand boosts its presence in Southeast Asia

News release - Text format

Friday 2 August 2013

News release

PwC New Zealand boosts its presence in Southeast Asia

PwC is growing its presence and consulting capability in Southeast Asia, with the formation of a new joint venture with PwC Consulting practices in Southeast Asia, Australia and the United States.

The venture will give PwC clients access to an integrated service network and specialist consultants across the region, as well as allowing the firm to accelerate the expansion of its Consulting business in the Southeast Asia region.

“This is consistent with our New Zealand firm’s strategy in penetrating the Asian region. We have identified Southeast Asia as a region key to our business growth and sustainability, and it’s the right time for the PwC network to focus its business model and investments into this region,” says PwC New Zealand CEO Bruce Hassall.

“Our Consulting presence has a strong brand and reputation throughout the globe, and we can now service Southeast Asia with a well-targeted approach, having the right people and investment,” adds Mr Hassall.

The new Southeast Asian Consulting Business commenced on 1 August 2013. Former PwC Australia Asia Leader Derek Kidley has moved to Singapore to head up the new operation.

PwC New Zealand, together with PwC Australia and PwC US, owns a 30 per cent share in the new joint venture, with the Southeast Asian member firms holding 70 per cent share. They are Indonesia, Singapore, Malaysia, the Philippines, Thailand and Vietnam.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats: Auckland’s Population Falls For The First Time
In the wake of the COVID-19 pandemic, New Zealand’s population growth slowed down with Auckland recording a population decline for the first time ever, Stats NZ said today. “New Zealand saw slowing population growth in all regions... More>>

BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>

Retail NZ: Some Good News In COVID Announcements, But Firm Dates Needed

Retail NZ is welcoming news that the Government is increasing financial support for businesses in light of the ongoing COVID-19 lockdown, and that retail will be able to open at all stages of the new “Covid Protection Framework... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>