Gate News message, April 22 — PwC Singapore announced it will invest S$4 million (US$3.15 million) over three years to establish a Trade Advisory Hub in Singapore, with support from the Singapore Economic Development Board. The hub will advise local and multinational companies on evolving trade rules, supply chain management, and international expansion strategies.
The firm plans to hire specialist talent and develop AI-powered tools for trade, supply chain, and tax advisory services. According to PwC, the initiative builds on its existing customs and trade advisory business across Asia Pacific, which employs more than 100 dedicated consultants including customs specialists and former senior government officials.
The move reflects broader industry demand for advanced trade planning solutions as companies navigate changing trade regulations, growing e-commerce, and increasingly complex global supply chains.
Related News
Polymarket in Talks to Raise $400 Million at $15 Billion Valuation: Report
Amazon adds a $5 billion investment in Anthropic, and a 10-year AWS agreement locks in $100 billion in compute power
LS 2 Holdings faces earnings pressure as wage subsidies phase out