UOB's private equity arm co-leads $42m investment in Thai fintech

SINGAPORE (THE BUSINESS TIMES) - UOB Venture Management, the private equity unit of UOB, has co-led a US$31.2 million (S$42.2 million) Series A funding round for Bangkok-based fintech start-up...

Productivity tops Singapore SME priority list in 2020: poll

SMALL and medium enterprises (SMEs) in Singapore will focus on boosting productivity as they grapple with a mixed business outlook this year, according to a survey by United Overseas Bank (UOB...

Trans-cab files preliminary document for next year's IPO comeback

SINGAPORE’s second-largest taxi operator Trans-cab Holdings is taking a second stab at going public, half a decade after aborting its first attempt.

Life after Permata: What's next for Singapore banks in their M&A strategy?

SINGAPORE'S Big Three banks are likely to persist in their quest for growth in the coming year through potential mergers and acquisitions (M&A), even as OCBC and DBS recently bowed out of the...

Financial institutions hike fees, lower fixed deposit rates

BANKS have been hiking fees - a move that could help cushion the expected compression in their interest income - as analysts expect fee income contribution to rise for local banks.

Singapore malls evolve to stay relevant despite online shopping threat

DESPITE the threat from online shopping, it is not all gloom at Singapore's retail scene with some landlords continuing to invest and upgrade malls.

Manufacturing doldrums may be hitting nadir with gradual recovery in 2020

THE manufacturing sector, which has suffered greatly from the ongoing trade war, is now showing signs of bottoming out, according to market watchers.

Artificial intelligence to power up UOB's mobile banking app

EVER missed your regular Netflix or Spotify payment when it was due? A new mobile banking app feature by the United Overseas Bank (UOB) can now tell you if payment for your usual subscription-...

UOB's new mCollect to help businesses with digital payment

A new digital payment solution aims to help businesses reduce cash-handling risks and improve cash flow.

UOB unveils foundation course to help all staff stay relevant in the digital age

UNITED Overseas Bank (UOB) on Tuesday launched a specially-designed learning and development programme to prepare its 26,000 employees for a digital future, at a time where the financial services...