EY

Microsoft and EY to spend US$1 billion to help clients adopt AI

TECHNOLOGY giant Microsoft and consulting firm EY are partnering to spend more than US$1 billion to encourage their clients to launch major artificial intelligence projects.

EAs are expected to be among the workers hardest hit by the adoption of AI, according to a World Economic Forum report.

Executive assistants making US$100,000 a year are losing jobs to AI

Much of assistants’ workloads may soon require little or no human labour

In 2025, there were 93 deals announced above US$1 billion in value globally, representing 81% of the global total.

Valuation dips for financial service M&As in S-E Asia despite more deals and global surge in ‘megadeals’: EY

The fall in deal value signals a strategic move towards smaller acquisitions and minority investments

Last year’s EY Entrepreneur Of The Year Singapore winner was Chin Wei Jia, group chief executive officer of HMI Medical.

Nominations open for EY Entrepreneur of the Year 2026 awards

Nominees will be assessed across four globally benchmarked criteria: entrepreneurial spirit, purpose, impact and growth

Clarence Ching, founder and executive director of Access Singapore, says: “We wanted to launch this (new programme) because there needs to be a strong study-to-work transition."
TAKING HEART

Access Singapore aims to give polytechnic graduate salaries a boost with new scheme

Apprentices will learn soft and technical skills to prepare them for the workforce

There were four deals valued at more than US$1 billion each in South-east Asia last year, down from eight in 2024.

South-east Asia private equity deal value down 43% in 2025: EY

Deal volume drops 12% year on year, with 59 transactions

KPMG China agreed to help Russia’s state-owned Sberbank set up its branch in China, which involved assisting with licensing, government inspections, IT assessments, and tax filings.

Top consulting firms test boundaries with China workarounds

Consultancies navigate Western sanctions and Beijing’s restrictions

Liew Nam Soon (left), Singapore managing partner, EY, notes the importance of inclusive growth, and EY's Singapore head of tax, Amy Ang, says the city-state must ensure that its tax regime remains relevant and effective.
SINGAPORE BUDGET 2026

EY proposes AI, green transition support, tax system tweaks in Budget 2026 wish list

The firm is also calling for measures to support the green transition and the workforce

Only 26% of Singapore senior government executives surveyed by EY have deployed AI in their organisations.

Unclear returns, wariness: Only 26% of S’pore public sector firms have deployed AI, says EY poll

Implementing data and digital solutions pose challenges for government organisations at this juncture, the survey states

The overall number of profit warnings across UK-listed business is also on the rise.

UK tech sector profit warnings jump, EY-Parthenon report says

[LONDON] Software and computer services companies had the biggest rise in profit warnings among UK-listed firms last quarter, according to a report from consultancy EY-Parthenon.