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The Latest Breaking News from UOB

Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest rates

Singapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income challenges. OCBC achieved a record quarterly net profit, while UOB surpassed analyst forecasts. The first half saw substantial growth in wealth management income, prompting both banks to declare higher interim dividends for their…

The Economic Times

Going green doesn’t always mean going big: ‘Pay attention to the small- and medium-sized players as well’

There’s a huge funding gap in the global green transition, particularly among emerging markets with less ability to tap global capital.

Fortune

Southeast Asia’s three largest banks warn of macroeconomic headwinds following a mixed quarter

DBS’s quarterly profit grew by 1%, yet the bank acknowledged “external uncertainties.” Profits at fellow banks UOB and OCBC fell.

Fortune

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250-million pixel virtual projector sets world record on 280-meter tall building used as a screen

A massive projection show on UOB Plaza 1 breaks records while blending public art, national identity, and corporate storytelling in a fleeting visual experience.

TechRadar

“I love the topic AI” the CEO of OCBC thinks the tech will create more jobs

As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two years through dividends and buybacks.

Fortune

Singapore’s UOB is betting on Southeast Asia for growth after posting record profit

The bank’s CEO, Wee Ee Cheong, said an enlarged customer base and enhanced platforms in the region position UOB well.

Fortune

Singapore’s Straits Times Index is Southeast Asia’s best performing index for 2024—and it's all due to its Big Three banks

A share rally in Singapore's biggest banks—DBS, UOB and OCBC—lifted the Straits Times Index to end the year above Malayis'a Kuala Lumpur Composite Index.

Fortune

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Trump's victory could make life harder for Hong Kong—and that may be good news for Singapore's banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

Fortune

Malaysia’s prime minister will try to keep the country’s ‘feel-good’ vibes alive with his upcoming budget

Foreign companies are flocking to the safe haven of Malaysia: “This investment cycle is something we have not seen for a long time.”

Fortune

UOB-WEALTH: Singapore's UOB Targets Doubling Private Wealth Assets By 2026

UOB aims to double private wealth assets by 2026 through strategic expansion and innovation in wealth management services.

Top News

Outcry over loss of features on Bangkok’s landmark ‘robot building’

Campaigners criticise renovation and call for better protection for the city’s distinctive architecture

The Guardian - UK

Championing sustainable solutions

El Niño. Drought. Wildfire. Massive flooding. Pollution. Water shortage. Loss of biodiversity. Environmental issues are endless and they pose a real threat not just in Thailand but around the world.

Bangkok Post

OPEC meeting kicks off with benchmark oil prices under pressure

In spite of an agreement struck in April to cut production of crude by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, oil prices still haven't seen a boost. In this edition, we see that concerns over global economic growth are outweighing the production cuts. Also, European…

France 24

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Bangkok Post

Providing education for a brighter future

Four years have now passed since the Covid-19 pandemic spread across the world, impacting almost every aspect of people's daily lives. Education is one of the sectors that have been most dramatically affected by these changes.

Bangkok Post

Teaching kids about money

Anita* is a student at Prathandongrungwittayakarn School in Kanchanaburi who participated in UOB Money 101: Teen Edition -- a financial literacy programme launched by UOB Thailand in collaboration with the Thailand Collaboration for Education (TCFE) in 2021. After completing the six-hour programme, she established a food delivery business targeting teachers…

Bangkok Post

UOB joins hand with artist to promote environmental awareness

To promote environmental protection and waste reduction, UOB Thailand has collaborated with artist Wishulada Panthanuvong to create the "Turning Trash Into Treasured Art" exhibition, as part of the "Waste To Wonder" project.

Bangkok Post

UOB chief champions rise of sustainable financing

United Overseas Bank (UOB) has developed green frameworks to provide companies with simplified access to green and sustainable financing so that they can build resilient businesses, said Tan Choon Hin, president and CEO of UOB Thailand.

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Bangkok Post

Make aspirations real

The sight of marine animals being choked by plastics. Cases of extreme weather that seem to occur more frequently. Or the ever-rising cost of energy and desperate need to find alternative, cleaner and preferably renewable sources.

Bangkok Post

Financing for a green transition

Climate change and global warming are no longer a future concern but rather immediate threats. Extreme heat, drought, temperature shifts and wildfires among others are currently wreaking havoc on people around the world.

Bangkok Post

Should you invest in solar?

Summer has just started but the heat is becoming unbearable. Electricity costs -- at a record high of 4.72 baht per unit -- are set to soar further thanks to rising fuel costs. These two factors alone are enough to increase interest in solar rooftop systems among households.

Bristol Post

Calls for Bristol's universities to 'do a lot more to manage downsides' of student expansion

The city has thousands more students than five years ago, and is about to expand even more

Bangkok Post

The push for clean energy

Using solar energy makes great business sense. Instead of paying high electricity bills, businesses and organisations can lower their operating expenses by turning to clean, reliable solar energy available everywhere the Sun shines.

Bangkok Post

No longer in the background

In Thailand, women are no longer a minority in the world of business. According to data from the Trade Policy and Strategy Office (TPSO), Thailand has an estimated 3 million Micro, Small and Medium Enterprises (MSMEs). Of this number, the majority of business operators are female.

Bangkok Post

Shaping a sustainable future for all

Sustainability has become a buzzword in the world of business. From mere corporate social responsibility, or CSR, where companies pay back to society through their charitable initiatives, now organisations focus on how to create a sustainable future for themselves and the community they are in, if not the world.

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