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4 Things to Know About the UOB Painting of the Year Competition As it Turns 40 This Year


When it comes to the history of art, the Italian Renaissance was one of the most important periods defined by the revival of philosophy, literature and art and the Medici family was at the centre of it all. The Italian banking family was renowned for their patronage of the arts, supporting Renaissance masters including Botticelli, Da Vinci, and Michelangelo. It was during this time that some of the greatest works of art were produced.
One cannot deny the importance of arts patronage and philanthropy when it comes to the development of the arts. One such patron of the arts in the region is UOB. In the 1970s, the bank started collecting paintings by Singapore artists, which has since grown into the UOB Art Collection to include more than 2,500 artworks by established and emerging artists in Southeast Asia. ....

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UOB Q1 profit rises 18% to $1 billion, beating expectations


The Straits Times
UOB Q1 profit rises 18% to $1 billion, beating expectations
The lender s net profit jumped to $1 billion from $855 million a year ago.ST PHOTO: KUA CHEE SIONG
https://str.sg/Jtdo
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Wee Ee Cheong , வீ ஈ சியோங் ,

PayNow links up with Thailand's PromptPay in a world first for cross-border fast payments


SINGAPORE - The local PayNow system that lets individuals transfer money using just a mobile number is now  linked to Thailand s PromptPay version, the Monetary Authority of Singapore (MAS) and Bank of Thailand (BOT) said in a joint statement on Thursday (April 29).
The linkage between the two countries national fast payment systems is the first of its kind in the world, they said.
Three of Singapore’s 12 PayNow banks are participating in the scheme - DBS Bank, OCBC Bank and UOB - together with four banks in Thailand - Bangkok Bank, Kasikorn Bank, Krung Thai Bank and Siam Commercial Bank. ....

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