UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates

UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns.

While US tariff policies will likely hit the region, chief executive Wee Ee Cheong remains “hopeful” as he watches for its effects.

“We are closely monitoring developments, and so far Asean continues to be resilient,” he said at the lender’s fourth-quarter results briefing on Wednesday (Feb 19).