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Monthly Archive: January 2011

KPMG: Engineering and construction companies optimistic for 2011

According to the KPMG 2010 Global Construction Survey, Adapting to an Uncertain Environment, Asia Pacific demonstrated the most promising outlook in backlogs for 2011, with 21 percent of respondents confident of a significant increase but there are many global engineering and construction (E&C) companies that have a bullish outlook for 2011.    

These backlogs represent pent-up demand, expansion into new services [...]


Deloitte: Insurers to have better 2011 even with mixed trends


The 18th consecutive annual J.P. Morgan Deloitte General Insurance Industry Survey showed that although the numbers didn’t quite reach the industry forecast of 95%, the Australian industry combined ratio reported an improvement of 4% to 97% from 2009.
 

 

J.P. Morgan senior insurance research analyst, Siddharth Parameswaran went [...]


PwC: New report has management remuneration costs ahead of recovery

Compensation costs as a percentage of net revenues have increased by 4% over the last financial year across all firms surveyed in PwC’s annual asset management report. The driver appears to be the fact that improved fund performance has put pressure on asset management firms to invest in recruitment and retention ahead of true recovery in bottom line financials. 

The report [...]


PwC: Chartered engineer Gane named as new automotive leader

Richard Gane has worked in and around the automotive, transportation and related industries for over 35 years and that alone qualifies him for his new position as the new head of its UK automotive group, responsible for leading and co-ordinating PwC’s services to the industry across the country. 

However, Gane’s experience runs deeper than that with a consulting career alone that [...]


KPMG: Semiconductor executives confident in business outlook for 2011, look to electronic products for support.

Although execs are mixed on when latest growth cycle will peak, semiconductor executives predict the industry will break the historical boom-and-bust performance trend in the short term with solid increases expected in 2011 in sales and workforce growth. 

 According to the recent KPMG survey, 78 percent of semiconductor executives expect that revenue will grow by more than 5 percent next year [...]


Deloitte: Face of Life Sciences Will Change After Recession


A new white paper released by Deloitte Touche Tohmatsu Limited and developed in collaboration with The Economist Intelligence Unit says the largest companies will likely get bigger and up to 40 percent of biotech companies will cease to exist in five years.
 

 

The Future of [...]


KPMG: Quarter 1 will see weaker demand and downward pressure margins for UK retail health

The KPMG/Synovate Retail Think Tank (RTT) has come up with several conclusions following its January session and these include a neutral impact on health in quarter 4, and a forecast downward in quarter 1 presently. 

The trends are contrary to the Retail Think Tank’s expectations back in October’s meeting and are due to the accumulation of negative pressures from many quarters.

 
Helen [...]


Deloitte: Top Technology Trends Include Shift To Mobile


Deloitte’s top forecasted technology trends for 2011 include a significant consumer and enterprise shift away from the desktop and laptop personal computer to mobile devices.
 

 

In fact forecasted technology trends for 2011 state that over 50 percent of computing devices sold globally will be smartphones and [...]


Deloitte: Smartphones to outsell the PC for the first time this year.


According to professional services firm Deloitte’s Technology Predictions 2011 report, the PC will be outsold by handheld devices this year for the first time. In fact, more than 50 percent of computing devices sold globally will be smartphones, tablets and non-PC netbooks, breaking the PC’s decades-long market dominance.

 


KPMG: U of T Study Looks At Government Budget Balancing Strategies In Relation To Canada.

The Mowat Centre and the School of Public Policy & Governance at the University of Toronto reports that in the wake of the global financial crisis of 2008 global economies are trying three approaches to balance their budgets: tax increases, spending cuts, and modernizing public services. 

 The report is titled Shifting Gears: Paths to Fiscal Sustainability in Canada, [...]


Deloitte: Tech CEOs in India optimistic about growth


A full 54% of APAC CEOs predict strong growth thisyear and India and China comnbined constitute 70% of the500 APAC fastest growing Tech companies experiencing overall growth in their markets.
 

 

The CEO survey was held in conjunction with the Deloitte India Technology Fast 50 and Deloitte APAC [...]


Deloitte: December quarter helps energy companies to shine


The Deloitte South Australian Stock Exchange Index enjoyed an increase of 11.2% in the previous quarter to the three months to 31 December 2010, but during that period it increased by 5.5%.
 

 

Many of the major world indices also increased in that period The US S&P 500 [...]


PwC: Aussie CEOs Looking forward TO Growth


No longer looking for signs of the GFC, Aussie CEOs are poised for growth according to PwC’s 14th global CEO survey. All 40 of the Australian CEOs surveyed were confident of growth in the short term with 98 per cent confident about their three year prospects.
 

 


PwC: Cant predict score for Super Bowl XLV, just the generation of record visitors and spending


Super Bowl XLV will supply a record number of visitors and related spending to the Dallas/Fort Worth area. This from PwC US statistics.
 

 

Given the improved economy , the game’s location, and the strength of each team’s fan base, this year’s event will more [...]


KPMG: Enterprise Market Assurance Services Firm Acquired To Enhance Market Share

Chilliwack-based Clark & Associates, a 5-member firm focused on Assurance Services in the Enterprise market has been acquired by KPMG. The firm has a 20-year history in the Chilliwack marketplace and with their limited capacity in Tax and Advisory services, KPMG’s practice will present new opportunities to deliver better services to the exisitng Clark & Associates client base. 

Three of the [...]