UOB
UOB is a bank in Asia that provides a wide range of financial services such as personal financial services, private banking, business banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, brokerage and clearing services, asset management, venture capital management and insurance.
See below for the Latest UOB News, Analysis, Profit Results, Share Price Information, and Commentary.
Technology adoption slowdown seen in 6 in 10 micro-businesses
Technology adoption slowdown seen in 6 in 10 micro-businesses
Micro-businesses cited lack of funds as a barrier to technology adoption.
Market update: STI down 0.11%
Singtel had the most growth for the day.
Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec
It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.
October’s industrial production performance due to low-base levels and strong global demand
According to UOB, this growth was led by the biomedical manufacturing cluster.
Singapore overall inflation hits 3.2% highest since 2013
This was led by higher private road transport and accommodation costs.
UOB Asset Management launches world’s first APAC green REIT ETF
The ETF attracted more than $80m in assets.
2 in 5 Singaporeans are putting more money in investments: survey
About 51% of those who are investing are buying more stocks and bonds.
DBS, OCBC, UOB average 47% net profit growth in 9MFY21
The 3 banks make up 20% of the total market capitalisation of SGX-listed stocks.
Market update: STI up 0.16%
Frasers Logistics & Commercial Trust was seen with the most growth.
OCBC's YoY loan growth falls behind DBS, UOB by 2.8% in Q3
However, on a q-o-q comparison, OCBC had the biggest loan growth of 3.8%.
Singapore banks, SGTraDex to develop standards for green trade finance digitalisation
UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.
UOB TMRW rolls out feature measuring ASEAN customers’ carbon footprint
It will be generated based on their spending and saving habits.
UOB launches gig employment model for retirees
The bank made the move to strengthen its multi-generation workforce strategy.
Market update: STI up 0.39%
Jardine Matheson Holdings is seen with the most growth.
UOB launches first Singapore-focused ESG fund
This supports SG's goal to finance infrastructures through green bond issuances.
China's power crisis may contribute to NODX slowdown in 2022
Meanwhile, the demand for petrochemical exports benefitted from this same crisis.
UOB, IMDA digitalise SG-China cross-border trade flows
This is expected to speed up the electronic exchange of trade documents.
Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data