How UOB partnered with Oceanus Group on its journey to become a food security expert in Asia
UOB partners with Oceanus Group on its journey to become an Asian food security expert
UOB partners with Oceanus Group on its journey to become an Asian food security expert
With its strong franchise in the Asean bloc of Southeast Asian nations and extensive range of services, United Overseas Bank's (UOB) Group Wholesale Banking (GWB) division has much to offer businesses looking to leverage opportunities for growth in some of the world's most dynamic markets.
Advertisement
A winning combination of sector expertise, deep local knowledge and strong regional connectivity make it possible to provide companies with strategic advice and tailor-made solutions at every stage of the business cycle.
UOB partners with its clients to continually progress towards sustainable growth in various ways, including timely investment in upgrades or acquisitions, or new forays into cross-border trade within the Asean region as well as with Greater China and beyond.
Peter Koh (right), group CEO of Oceanus Group, and Eric Lian, UOB's managing director and head of group commercial banking, reflect on the Singaporean food tech company's journey to become a food security expert in Asia.
It also helps small and medium-sized enterprises (SMEs) navigate economically difficult times before setting them on the path to success with a firmer financial footing.
UOB has been doing so for decades, and its key to helping clients succeed is by gaining a deep understanding of their businesses. That is how it builds the kind of long-term relationships which create value for companies and communities, and sustains the continuous process of adapting to change and identifying opportunities for growth.
One prime example is the bank's long-standing relationship with Oceanus Group, a Singapore-headquartered food technology company founded in 1998.
Advertisement
Originally specialising in abalone farming, Oceanus now has a diverse business portfolio built on four pillars: food production, distribution, services and innovation.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South China Morning Post
a day ago
- South China Morning Post
Why Malaysia seeks enduring Asean-GCC-China cooperation
Malaysia 's hosting of the inaugural Asean-Gulf Cooperation Council-China Summit in Kuala Lumpur on May 27, one of the signature initiatives pushed by Prime Minister Anwar Ibrahim during his country's Asean chairmanship this year, marked the first step towards institutionalising a trilateral, cross-regional forum with the potential to reshape Asia's diplomatic landscape. The summit attracted extensive media coverage. Some lauded it as a 'significant diplomatic first' and a platform ripe with immense economic promise and geostrategic weight. Others dismissed it as 'more symbolism than substance'. The true significance of the initiative is perhaps best understood through Malaysia's long-standing ambition to serve as a bridge between different regions and civilisations. In bringing this latest forum to life – one in the ever-expanding constellation of Asean-led mechanisms – Malaysia's leadership and national interests were plainly evident. But a deeper, often overlooked impetus lies in the imperative to connect past and present. Foreign ministers attend an East Asia Summit meeting in Kuala Lumpur on July 11. The EAS began during Malaysia's Asean chairmanship in 2005. Photo: Kyodo Malaysian elites have long been influenced by memories of premodern sultanate diplomacy, when small states such as 15th-century Melaka asserted their agency to shape the regional order, acting as crucial nodes in trade routes stretching from China through the Malay Archipelago to India , Persia and Arabia, as diplomatic historian Anthony Milner observes.
South China Morning Post
5 days ago
- South China Morning Post
Trump's unpopularity rises among Asian-Americans, Pacific Islanders, poll finds
A small but fast-growing group in the United States has soured somewhat on President Donald Trump this year, as they worry about high costs and fear that new tariff policies will further raise their personal expenses, a new poll finds. The percentage of Asian-American, Native Hawaiians and Pacific Islanders with an unfavourable opinion of Trump rose to 71 per cent in July, from 60 per cent in December, according to a national survey by AAPI Data and the Associated Press-NORC Centre for Public Affairs Research. Notably, AAPI adults who describe themselves as independent are especially likely to have cooled on the president. About 7 in 10 AAPI independents have a 'very' or 'somewhat' unfavourable opinion of Trump, up roughly 20 percentage points since December. The poll is part of an ongoing project exploring the views of Asian-American, Native Hawaiians and Pacific Islanders, whose views are usually not highlighted in other surveys because of small sample sizes and lack of linguistic representation. AAPI independents' unfavourable view of Trump is higher than his unfavourable rating among independent adults overall, which was 52 per cent in a June AP-NORC poll, having nudged slightly higher from 44 per cent in December. Economic concerns could be playing a central role. About 8 in 10 AAPI adults expect Trump's tariff policies will increase the cost of consumer goods, the poll found, while only about 4 in 10 think those policies will boost domestic manufacturing and just 2 in 10 anticipate more US jobs as a result.
South China Morning Post
5 days ago
- South China Morning Post
Chinese firms urged to deepen Asean roots as US cracks down on transshipments
Beijing should encourage its firms to deepen integration with Southeast Asian economies instead of using the region as a transshipment route to the US, according to a senior regional economist – as Washington threatens the export-reliant region with high tariffs. Transshipments drew attention earlier this month after the US announced tariffs on imports from Vietnam and 23 other trading partners. US President Donald Trump warned that imports diverted through Vietnam would face a 40 per cent tariff – double the 20 per cent levy on goods made in the Southeast Asian nation. 'Of course, [Southeast Asian authorities] would check the country of origin for products,' said Dong He, chief economist at the Singapore-based Asean+3 Macroeconomic Research Office (AMRO), on Tuesday, adding that some already have agreements with the US to do so. Chinese officials should also 'encourage their firms to become more deeply ingrained or integrated with local economies' in the Association of Southeast Asian Nations (Asean), He said. While the Chinese government seeks to protect its exports, businesses should have the autonomy to make long-term decisions about their role in local economies, which would also protect them from unpredictable tariff rates, he added. Imports from China face an average tariff rate of 42 per cent, according to Morgan Stanley estimates, while other Asian countries face rates of 25 to 40 per cent starting August 1.
