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UOB’s stock price rose 1.4% to 39.20 Singapore dollars ($29.17) after the bank reported a record net profit of 6 billion Singapore dollars ($4.47 billion) for the year ended Dec. 31, 2024, up 6% ...
United Overseas Bank Limited (simplified Chinese: 大华银行有限公司; traditional Chinese: 大華銀行有限公司; pinyin: Dàhuá Yínháng Yǒuxìan Gōngsī; Pe̍h-ōe-jī: Tāi-hôa Gûn-hâng Iú-hān Kong-si), often known as UOB, is a Singaporean regional bank headquartered at Raffles Place, Singapore, with branches mostly found in Southeast Asia countries.
UOB said its impairment charges rose to S$286 million in the three months to March 31 from S$93 million a year earlier and it booked an additional regulatory loss allowance reserve of S$260 ...
Wee took UOB into stockbroking, fund management and futures trading, and acquired property including hotels and shopping malls. The Business Times named Wee Singapore's Businessman of the Year for 1990 and again in 2001, and the ASEAN Business Forum named him its ASEAN Businessman of the Year in 1995. [citation needed]
A joint venture between SBS Transit and RATP Dev Asia Pacific is appointed the operator of the Jurong Region MRT line for an initial nine years, with a further two-year option. This marks the first introduction of a foreign operator to Singapore's local rail industry. The operator for the Cross Island MRT line will be decided later. [115]
One Raffles Place is a skyscraper in Downtown Core, Singapore.The development comprises two towers and a podium.The 280 m (920 ft) tall Tower One and the 38-storey Tower Two house offices, while the podium contains retail space.
In 1979, Wee joined UOB, and in 2000, was appointed deputy chairman and president. [3] Wee has been CEO of UOB since April 2007. [1]Wee is also deputy chairman of Far Eastern Bank, chair of the Association of Banks in Singapore and the IBF Standards Committee, and an honorary council member of the Singapore Chinese Chamber of Commerce & Industry.
The Kuala Lumpur–Singapore high-speed rail project is terminated after failing to reach an agreement on 31 December the previous year. [3] 4 January - Singapore started livestreaming Parliament sessions [4] 9 January – Robinsons shuts its last outlet in Raffles City, bringing an end to 162 years of operation since 1858. [5] [6]