Top 10 Largest Companies in Singapore
Many of the world's most profitable and well-known corporations have their headquarters in Singapore. This article will give you a glance look at some of the ... read more...largest companies in Singapore. Scroll down for more information!
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Ranking first on the list of the largest companies in Singapore by market cap is DBS. It is a significant financial services business in Asia and has a presence in 19 different nations across the region. DBS, which has its headquarters and stock exchange in Singapore and is publicly traded there, is present in the three primary growth axes of Asia, which are Greater China, Southeast Asia, and South Asia. Credit ratings of "AA-" and "Aa1" for the financial institution are among the best available anywhere in the globe.
As a financial institution that was founded and raised in Asia, DBS is highly acquainted with the specifics of conducting trade in the region's most competitive marketplaces. And with the role of an Asian financial services provider, DBS is committed to developing long-term partnerships with its customers. Consumer, small and medium-sized enterprises, and corporate banking are all catered to by DBS's comprehensive range of services.DBS has been honored with the titles of "World's Best Bank" by Global Finance, "World's Best Bank" by Euromoney, and "Global Bank of the Year" by The Banker. These accolades are in recognition of DBS's global leadership. The bank has been recognized as the "World's Best Digital Bank" by Euromoney and the "Most Innovative in Digital Banking" in the world by The Banker. This demonstrates that the bank is at the forefront of harnessing digital technology to influence the future of banking. In addition, Global Finance has recognized DBS as the "Safest Bank in Asia" for the period of 14 years running from 2009 to 2022.
Founded: 1968
Headquarters: 12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore
Website: https://www.dbs.com
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Sea Limited is a global technology firm with its headquarters in Singapore. In Southeast Asia and Taiwan, Sea is the most successful consumer internet firm there is. Using technology to make people's lives and the operation of companies in the region better is the company's aim.
Shopee is the most widely used and comprehensive e-commerce platform in our region. Shopee is a mobile-first and highly social e-commerce platform that was introduced in 2015 and aims to provide both customers and sellers with a buying experience that is both reliable and interactive. In 2018, Shopee processed more than 603 million orders and had a gross merchandise volume of $10.3 billion. Shopee was also the shopping app that had the most downloads in Southeast Asia and in Taiwan.
Garena is a global prominent games firm. Free Fire, a mobile battle royale game, was developed by Garena. As of May 2019, the game had over 450 million registered users and 50 million peak daily active users, making it one of the most popular games in the world. Free Fire is a global smash-hit mobile game. Gamers in Southeast Asia have access to AAA mobile and PC games produced by Garena, including titles such as Arena of Valor, League of Legends, and Speed Drifters. Garena is also the largest games publisher in the area. Garena is also the leader in the expansion of esports in our area. Garena World, the company's yearly flagship competition, is Southeast Asia's most important and well-attended esports competition.Founded: 2009
Headquarters: 1 Fusionopolis Place, Galaxis, Singapore
Website: https://www.sea.com -
OCBC Bank is the next name that is listed among the largest companies in Singapore by market cap. It is the bank in Singapore with the longest history, having been created in 1932 following the merging of three local banks, the first of which was established in 1912. It is now the second biggest financial services company in Southeast Asia in terms of assets, and Moody's has given it an Aa1 rating, making it one of the most highly rated banks in the world. OCBC Bank is recognized for its financial strength and stability, and as a result, it is frequently listed among the World's Top 50 Safest Banks by Global Finance. Additionally, The Asian Banker has recognized OCBC Bank as the Best Managed Bank in Singapore.
OCBC Bank and its subsidiaries provide a comprehensive range of commercial banking, particularly financial, and wealth management services. These services include consumer, corporate, investment, private, and transaction banking, as well as treasury, insurance, asset management, and stockbroking services.
OCBC Bank prioritizes expanding its presence in Singapore, Malaysia, Indonesia, and the Greater China region. It has about 570 branches and representative offices spread throughout 19 different nations and regions. These include around 300 branches and offices in Indonesia that are operated by associated Bank OCBC NISP, as well as over 90 branches and offices in Mainland China, Hong Kong Special Administrative Region, and Macau Special Administrative Region that are operated by OCBC Wing Hang.Founded: 1932
Headquarters: OCBC Centre, Singapore
Website: https://www.ocbc.com
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UOB is a Singaporean international banking business that has branches in the majority of Southeast Asian nations. Its headquarters are located in Singapore. The bank, originally known as the United Chinese Bank and established in 1935 by a businessman from Sarawak named Chew Teck Weng, was established together with a group of Chinese-born businessmen. According to total assets, this financial institution ranks as the third largest in all of Southeast Asia.
UOB is considered to be among the best financial institutions in the world, as evidenced by its rating of 'Aa1' from Moody's Investors Service and 'AA-' from both S&P Global and Fitch Ratings. Having a worldwide network that spans 500 branches and offices located in 19 different countries spanning Asia, Europe, and the US. Its operations in Asia operate together from headquarters in Singapore, its banking subsidiaries in China, Indonesia, Malaysia, Thailand, and Vietnam, and its branches and offices located around the region.
UOB offers commercial and corporate banking services, personal financial services, private banking and asset management services, corporate financing, venture capital, investment, and insurance services, as well as a variety of other financial and business-related services. It has more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe, and North America in addition to its 68 branches in Singapore.
Founded: 1935
Headquarters: 80 Raffles Place, Singapore
Website: https://www.uob.com.sg -
Singtel is the largest communications technology organization in Asia, and among the largest companies in Singapore by market cap today. The company provides a variety of services ranging from next-generation communication, 5G and technology services to entertainment to both individuals and companies. The group has a physical presence in 21 different countries across Asia, Australia, and Africa, and it serves more than 740 million mobile users. It provides infrastructure and technological services to businesses in 21 countries over a total of 362 locations with more than 428 direct points of presence.
Singtel provides its customers with a full and integrated portfolio of services, which includes mobile, internet, and TV options. Singtel provides a full range of workforce mobility solutions, data hosting, cloud services, network infrastructure, analytics, and cyber security capabilities for commercial enterprises.Singtel has grown rapidly outside of its home market and holds stakes in numerous regional operators, including complete ownership of Australia's second-largest telco, Optus, and 32.15% of Bharti Airtel, which is the second-largest carrier in India. Singtel is also the leading telecommunications provider in Singapore. Singtel has a considerable market share in Singapore, with 82% of the fixed-line market, 47% of the mobile market, and 43% of the broadband market in Singapore.
Founded: 1879
Headquarters: 31 Exeter Rd, Singapore
Website: https://www.singtel.com
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Wilmar International Limited is a holding company that is based in Singapore and is involved in the food processing and investing industries. The holding firm has more than 300 subsidiary businesses. It was established in 1991, and today it is recognized as one of the most successful agricultural organizations in Asia, alongside the COFCO Group.
Business operations undertaken by Wilmar International include the cultivation of oil palm trees, the refining of edible oils, the crushing of oilseeds, the processing and retailing of consumer pack edible oils, the production of specialty fats, oleochemicals, and biodiesel, the processing and merchandising of grains, and the milling and refining of sugar. On the list of the Global Top 30 Specialty Oil Companies that was published by FoodTalks in 2021, Wilmar took second place.It has about 500 production sites and a vast distribution network that spans around 50 countries, including China, Indonesia, and India. One of the most important customers that Wilmar has is Unilever. Both Unilever and Wilmar are members of the Roundtable on Sustainable Palm Oil (RSPO), which is an organization that brings together retailers, producers, and non-governmental organizations (NGOs) including Oxfam and WWF.
Founded: 1991
Headquarters: 28 Biopolis Road, Singapore
Website: https://www.wilmar-international.com -
Singapore Airlines (abbreviation: SIA) is a worldwide corporation with the goals of maximizing earnings for the benefit of its shareholders as well as its staff members and delivering air transportation services of the best possible quality. Since the company was established in 1972, it has gone a long way, transforming from a small airline to one of the most well-known and recognized travel companies on a global scale.
The Singapore Airlines Group is comprised of more than 20 different subsidiaries, many of which are connected to the aviation sector. The SIA Engineering Company is responsible for maintenance, repair, and overall (MRO) activity in nine different nations and has a portfolio of 27 joint ventures, some of which are with companies like Boeing and Rolls-Royce. The freighter fleet of Singapore Airlines (SIA) is managed by Singapore Airlines Cargo, which also supervises the capacity of the cargo holds of passenger aircraft operated by SIA. Scoot is a low-cost airline that is run by a wholly-owned subsidiary of the company.
Singapore Airlines was the first airline to put the Airbus A380, the world's biggest passenger aircraft, as well as the Boeing 787-10 into service. Additionally, Singapore Airlines is the only airline in the world that operates the ultra-long-range version of the Airbus A350-900. It is rated top 10 in the world for the total number of foreign passengers it transports, making it one of the top 15 airlines in the world in terms of revenue passenger kilometers.
Founded: 1972
Headquarters: Singapore
Website: https://www.singaporeair.com
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Grab Holdings Inc., frequently referred to simply as Grab, is a technology business that is headquartered in Singapore and operates on an international scale. It is the company that created the Grab super-app, which allows users to order transportation, has food delivered to their homes, and make digital payments all using their mobile devices. Nowadays, it is ranked as one of the largest companies in Singapore by market cap.
The company was established in 2012 by Anthony Tan and Tan Hooi Ling as the MyTeksi app with headquarters in Kuala Lumpur, Malaysia. The following year, it extended its operations under the name GrabTaxi. Since then, it has branched out into additional services, using the model of the super-app. It underwent a name change to "Grab" and relocated its headquarters to Singapore in the year 2014.
Grab has broadened the range of services it provides throughout Southeast Asia to include, among other things, mobile payments, enterprise solutions, delivery, and financial assistance, all of which are accessible through a single super app. Grab is presently active in the following countries: Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. It is the largest technological startup in Southeast Asia and the first decacorn to ever emerge from Southeast Asia.
Founded: 2012
Headquarters: 3 Media Cl, Singapore
Website: https://www.grab.com/sg -
Genting Singapore PLC is a regional expert in the development of leisure, hotel, and integrated resorts. Genting Singapore PLC has been active in the gaming industry and the creation of integrated resorts in a number of different countries for many years. These countries include the United Kingdom, the Americas, Malaysia, and the Philippines.
It is situated in Singapore and is listed on the main board of the Singapore Exchange Securities Trading Limited. The primary activities of the company's subsidiaries include the development and operation of large-scale integrated resorts, the management of investments and casinos, the provision of information technology application-related services, and marketing support services to businesses and investments related to leisure and hospitality.
In December 2006, Genting Singapore PLC was awarded the contract to create one of the two integrated resorts in Singapore that will include casinos. When Resorts World Sentosa initially opened its doors in January 2010, it made history by being the first company in Singapore to operate an integrated resort. To this day, Resorts World Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia, is the project that has brought it the most notoriety and success.
Founded: 1984
Headquarters: 10 Sentosa Gateway, SingaporeWebsite: https://gentingsingapore.com
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End of the list of the largest companies in Singapore by market cap CapitaLand. It is a real estate investment, development, and management company that has its headquarters in Singapore. It is one of the major real estate businesses in Asia, and it is the owner and manager of a global portfolio that includes integrated projects, retail malls, hotels, offices, residences, business parks, industrial and logistics assets, as well as real estate investment trusts (REITs) and funds.
Since it pioneered the use of REITs in Singapore with the listing of CapitaLand Mall Trust in 2002 (which has since been merged with CapitaLand Commercial Trust to form CapitaLand Integrated Commercial Trust), CapitaLand has expanded its portfolio of REITs to include Ascendas Real Estate Investment Trust, Ascott Residence Trust, CapitaLand China Trust, Ascendas India Trust, and CapitaLand Malaysia Trust.
The firm has a presence in more than 260 cities spanning more than 30 countries, but its primary markets are Singapore and China. At the same time, the company is working to grow its operations in other regions, including India, Vietnam, Australia, Europe, and the United States. CapitaLand has one of the largest investment management companies in the world. The company manages around 30 private funds in addition to its stable of six publicly traded real estate investment trusts (REITs) and business trusts.
Founded: 2000
Headquarters: 168 Robinson Rd, Capital Tower HQ, Singapore
Website: https://www.capitaland.com