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CEOWORLD magazine - Latest - Banking and Finance - Singapore’s Largest Companies by market capitalization, 2024

Banking and Finance

Singapore’s Largest Companies by market capitalization, 2024

Singapore Starr International Insurance

As of January 16, 2025, DBS GROUP HOLDINGS is the most valuable company in Singapore, with a market cap of $90.31 billion. Following it are OVERSEA-CHINESE BANKING CORPORATION ($55.48 billion) and UNITED OVERSEAS BANK LIMITED ($44.7 billion).

Which one is the most valuable in Singapore by market cap? This list comprises the biggest companies currently in Malaysia by market cap in 2024:

Singapore’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1DBS GROUP HOLDINGS LTD$90.31 billion
2OVERSEA-CHINESE BANKING CORPORATION LIMITED$55.48 billion
3UNITED OVERSEAS BANK LIMITED$44.7 billion
4SINGAPORE TELECOMMUNICATIONS LIMITED$37.52 billion
5WILMAR INTERNATIONAL LIMITED$13.87 billion
6SINGAPORE AIRLINES LIMITED$13.63 billion
7JARDINE MATHESON HOLDINGS LIMITED$11.81 billion
8SINGAPORE TECHNOLOGIES ENGINEERING LTD$10.77 billion
9CAPITALAND INTEGRATED COMMERCIAL TRUST$10.19 billion
10THAI BEVERAGE$10.01 billion
11SINGAPORE EXCHANGE LIMITED$9.4 billion
12HONGKONG LAND HOLDINGS LIMITED$9.22 billion
13CAPITALAND INVESTMENT LIMITED$9.11 billion
14KEPPEL LTD.$8.98 billion
15GREAT EASTERN HOLDINGS LIMITED$8.93 billion
16YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD.$8.55 billion
17JARDINE CYCLE & CARRIAGE LIMITED$8.22 billion
18CAPITALAND ASCENDAS REIT$8.17 billion
19SEMBCORP INDUSTRIES LTD$7.13 billion
20GENTING SINGAPORE LIMITED$6.62 billion
21SEATRIUM LIMITED$5.42 billion
22MAPLETREE LOGISTICS TRUST$4.66 billion
23MAPLETREE INDUSTRIAL TRUST$4.6 billion
24MAPLETREE PAN ASIA COMMERCIAL TRUST$4.58 billion
25SATS LTD.$3.94 billion
26KEPPEL DC REIT$3.46 billion
27CITY DEVELOPMENTS LIMITED$3.3 billion
28OLAM GROUP LIMITED$3.19 billion
29UOL GROUP LIMITED$3.15 billion
30DFI RETAIL GROUP HOLDINGS LIMITED$3.02 billion

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CEOWORLD magazine - Latest - Banking and Finance - Singapore’s Largest Companies by market capitalization, 2024
Nikolas Anderson
Associate Editor at CEOWORLD Magazine. I report on CEOs, boards, corporate governance, what’s going on inside the world’s biggest companies, and the future of work. Previously, I was Senior Energy Correspondent covering oil and gas companies, G-20 energy policy, and the global transition towards cleaner fuels.