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Singapore’s Largest Companies by market capitalization, 2024

Singapore Starr International Insurance

As of February 19, 2025, DBS GROUP HOLDINGS is the most valuable company in Singapore, with a market cap of $96.95 billion. Following it are OVERSEA-CHINESE BANKING CORPORATION ($59.52 billion) and UNITED OVERSEAS BANK LIMITED ($48.16 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$96.95 billion
2OVERSEA-CHINESE BANKING CORPORATION LIMITED$59.52 billion
3UNITED OVERSEAS BANK LIMITED$48.16 billion
4SINGAPORE TELECOMMUNICATIONS LIMITED$40.96 billion
5WILMAR INTERNATIONAL LIMITED$15.17 billion
6SINGAPORE AIRLINES LIMITED$14.3 billion
7JARDINE MATHESON HOLDINGS LIMITED$11.95 billion
8SINGAPORE TECHNOLOGIES ENGINEERING LTD$11.86 billion
9CAPITALAND INTEGRATED COMMERCIAL TRUST$10.72 billion
10SINGAPORE EXCHANGE LIMITED$10.22 billion
11HONGKONG LAND HOLDINGS LIMITED$9.62 billion
12THAI BEVERAGE$9.46 billion
13CAPITALAND INVESTMENT LIMITED$9.25 billion
14KEPPEL LTD.$9.16 billion
15GREAT EASTERN HOLDINGS LIMITED$9.1 billion
16YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD.$9.22 billion
17CAPITALAND ASCENDAS REIT$8.33 billion
18JARDINE CYCLE & CARRIAGE LIMITED$7.82 billion
19SEMBCORP INDUSTRIES LTD$7.32 billion
20GENTING SINGAPORE LIMITED$6.88 billion
21SEATRIUM LIMITED$6.46 billion
22MAPLETREE PAN ASIA COMMERCIAL TRUST$4.63 billion
23MAPLETREE LOGISTICS TRUST$4.6 billion
24MAPLETREE INDUSTRIAL TRUST$4.29 billion
25SATS LTD.$3.71 billion
26KEPPEL DC REIT$3.49 billion
27CITY DEVELOPMENTS LIMITED$3.38 billion
28OLAM GROUP LIMITED$3.25 billion
29UOL GROUP LIMITED$3.23 billion
30DFI RETAIL GROUP HOLDINGS LIMITED$3.05 billion

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Nikolas Anderson, D.Litt.
Nikolas Anderson, D.Litt. in Public Affairs and Global Journalism, is Associate Editor at CEOWORLD Magazine, specialising in economics, financial markets, public policy, and strategic communications....

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