UOB and Stellar Lifestyle sign MoU as tenant liquidity support expands

UOB will also look at supply-chain financing solutions for SMRT’s vendors.

UOB and SMRT’s Stellar Lifestyle have signed a memorandum of understanding aimed at easing liquidity pressures for MRT station tenants and expanding joint retail, digital, and mobility initiatives across the network.

Under the agreement, new and re-contracting tenants can replace cash rental deposits with UOB banker’s guarantees, potentially freeing up as much as three months of rent for working capital.

Tenants will also gain access to UOB BizSmart, a suite of digital tools covering accounting, HR and payroll, point-of-sale systems, and digital marketing, alongside complimentary or discounted services and guidance from UOB digital advisers.

On the retail front, promotions will feature on Stellar Lifestyle’s WINK+ app, and both parties will collaborate under the Stellarate Innovation Programme to trial new retail and advertising technologies and run joint marketing activities across MRT stations.

The partnership extends into mobility services through STRIDES, with plans to explore limousine services for selected UOB cardholders, partnerships across taxi, limousine, and cross-border (Singapore–Malaysia) transport, and referrals of car buyers to UOB for preferential auto loans.

UOB will also look at supply-chain financing solutions for SMRT’s vendors and offer sustainability-linked financing frameworks and advisory services. Its FDI Advisory unit will support the regional expansion of SMRT partners.

The partnership seeks to strengthen MRT stations as retail and services hubs by improving tenant liquidity, digitising SME operations, expanding mobility add-ons, and extending financing and ESG support across SMRT’s ecosystem.

A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia