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DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia. The project is jointly…
In the first five months of 2025, 63 primary-listed Singapore companies conducted share buybacks through open market acquisitions, spending a total of S$930 million – an 84 per cent jump…
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. DBS, OCBC and UOB each said this was a…
Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation stemming from US tariffs stabilises. At the same…
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking at the…
Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its ongoing commitment to add and uphold sustainable…
The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the US tariffs, said UOB chief executive Wee Ee…
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio of local banks, OCBC and UOB are expected to stand…
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24): Olam: The group on Monday announced that it will sell its remaining 64.57 per…
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3 billion package to distribute surplus capital over…
UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns. While US…
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the…
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the capital management plans of the Singapore banks,…
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will likely continue to boost the wealth management…
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living pressures. About S$7.5 million…
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the…
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks SINGAPORE’S local banking trio will continue to watch interest…
UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by the end of this year, said chief executive Wee Ee Cheong. With around…
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter net profit figures released Friday (Nov 8). As at…
UOB’s net profit for the third quarter ended September 2024 rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year before. Its results released Friday (Nov 8) beat…
UOB’S net profit for the third quarter ended September rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year before. Its results released on Friday (Nov 8) beat the…
SINGAPORE Exchange Regulation (SGX RegCo) has lifted a moratorium on UOB Kay Hian (UOBKH) with immediate effect. This allows the brokerage to resume its role as issue manager and full…
FROM the fourth quarter of 2024, up to 500 UOB employees in operations and administrative roles will be selected over the next two years to participate in the bank’s new career conversion…
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 4): UOB: The bank’s Sydney branch is set to issue A$100 million (S$88.8 million)…
