Singapore

One of the world’s wealthiest nations, Singapore’s prosperity is bolstered by an open and competitive trade regime, robust financial and corporate sectors, and a business-friendly legal and tax framework. Dominated by services, Singapore is also a major manufacturer of electronics, machinery, pharmaceuticals, and chemicals and petrochemicals.

With one of the world’s largest ports and nearly all sectors of the economy fully open to foreign ownership, Singapore is a regional hub for thousands of multinational companies. Weaknesses include a high dependence on imports for energy and consumer goods in particular, a heavy reliance on foreign workers, and vulnerability to slowdowns in the Chinese economy.

Source: IMF, CIA The World Factbook

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.