Wei ZhangFinance
Singapore Banks Guide over 800 Children Through Budgeting Trips
DBS weaves financial literacy lessons into Mandai Wildlife Reserve while UOB and OCBC sponsor hands-on grocery runs.
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UOB
Every story tagged UOB on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged UOB
109 stories in this topic
Sarah ChenGeneral
Thakral to Spin Off Lifestyle Businesses on SGX Mainboard
Thakral Corporation will retain a majority stake in the unit, which distributes beauty brands, DJI drones and Nespresso products.
Aiko TanakaFinance
AllianzGI Boosts Southeast Asia Presence With Monumental UOB Asset Management Acquisition
Allianz Global Investors (AllianzGI) is set to acquire UOB Asset Management (UOBAM), the asset management division of Singapore’s United Overseas Bank (UOB). This acquisition will notably augment AllianzGI’s influence in Southeast Asia and provide broader…
Sarah ChenFinance
UOB Strengthens Asia Operations with New CEOs for China, Hong Kong
United Overseas Bank (UOB) recently unveiled a series of significant leadership shifts within its operations in China and Hong Kong. This announcement is a testament to the bank’s dedication to fortifying its cross-border business operations between China and…
Aiko TanakaFinance
UOB CEO Faces 20% Salary Slash as Bank’s Profits Plummet
The Chief Executive Officer of Singapore’s UOB, Wee Ee Cheong, experienced a decrease in his total remuneration in a year that also witnessed a fall in the company’s profit. This comes as per the bank’s annual report, which highlighted his reduced earnings.…
Rajiv MenonFinance
UOB Defies Profit Dip to Bestow 6,000 Junior Staff with Surprise Half-Month Salary Bonus
Despite a dip in 2025 net profits, the United Overseas Bank (UOB) of Singapore plans to award approximately 6,000 junior staff members with a half-month base salary payout. This one-time payment aims to recognize their hard work and contributions amidst…
Wei ZhangFinance
UOB Extends Gold Trading Hours, Implements Appointment-only Policy Amid Soaring Demand
As the demand for gold continues to escalate, United Overseas Bank (UOB), the sole local banking institution in Singapore that trades in physical gold bars and bullion coins, has announced plans to expand its operating hours and implement an appointment-only…
Minjun ParkFinance
United Overseas Bank Breaks Ground: First Foreign Institution to Headquarter at Vietnam’s International Financial Center
United Overseas Bank (UOB), based in Singapore, is poised to become the inaugural foreign banking institution to establish its headquarters at the International Financial Center (IFC) in Ho Chi Minh City. This information surfaced during a meeting between…
Maria SantosFinance
Balancing Speed and Security: UOB CEO Wee Ee Cheong’s Take on AI Adoption in Fintech
United Overseas Bank (UOB) CEO, Wee Ee Cheong, recently expressed his concerns over the potential risks that come with the swift implementation of technology. He emphasized that in the financial services sector, ensuring security and maintaining trust is…
Rajiv MenonFinance
UOB Bumps Up Vietnam’s Economic Growth Projection to 7.7%, Beating Previous Estimates Despite US Tariff Challenges
United Overseas Bank (UOB) of Singapore has revised its predicted GDP growth rate for Vietnam upward, from 7.5% to 7.7%. This adjustment comes in response to Vietnam’s stronger-than-anticipated economic performance in the third quarter. Impressive Economic…
Aiko TanakaFinance
UOB Joins Forces with Hengfeng Bank and Shangao Holdings to Propel Chinese Firms’ Global Expansion
UOB has embarked on an exciting collaboration with Hangfeng Bank Co. Ltd. and Shangao Holdings Group Limited, marking a significant stride toward fostering green development and infrastructure. Announced on September 18, 2025, this tripartite memorandum of…
Rajiv MenonFinance
UOB Upgrades Vietnam’s 2025 GDP Growth Forecast to an Optimistic 7.5%
Vietnam’s economy is on a remarkable upswing, with the latest data from UOB’s Global Economics & Markets Research unit indicating a booming GDP expansion of 7.52% in the first half of the year—the fastest growth for this period since 2011. This vibrant…
Minjun ParkFinance
UOB Boosts Deposit Growth but Faces Rising Bad Loans in Second Quarter
United Overseas Bank (UOB) has reported a mixed bag for the second quarter of 2025, with a robust expansion in deposits but a concerning rise in bad loans. According to UOB Kay Hian analyst Jonathan Koh, the bank’s current account savings account (CASA) ratio…
Rajiv MenonFinance
UOB Reports 3% Decline in H1 2025 Net Profit, Reaching S$2.83 Billion
UOB has reported a slight dip in its net profit, which fell 3% to S$2.83 billion (US$2.2 billion) in the first half of 2025 compared to the same timeframe last year. This decline is largely attributed to pre-emptive general allowances implemented by the…
Rajiv MenonFinance
UOB Boosts Vietnam’s GDP Growth Outlook to an Impressive 6.9%
Vietnam’s economy is doing a celebratory dance. A report from UOB’s Global Economics & Market Research Unit reveals that in the second quarter of 2025, Vietnam’s real GDP soared by an impressive 7.96% year-on-year, well surpassing Bloomberg’s forecast of…
Maria SantosFinance
UOB and Frasers Thailand Forge Partnership to Boost Investments Across Thailand, Vietnam, and Indonesia
UOB Thailand has taken a significant step towards enhancing investment in Southeast Asia by signing a memorandum of understanding (MOU) with Frasers Property Industrial Thailand. This partnership aims to facilitate foreign direct investments (FDIs) across…