UOB and National Arts Council (NAC) Singapore signed a Memorandum of Understanding (MOU) to collaborate and commit to a strategic partnership to develop the financial and business competencies of the Singapore arts community, and support the development of a vibrant arts scene in Singapore. The MOU will focus on helping Singaporean artists in building up their financial and business capabilities for a more resilient and sustainable career in the arts; on leveraging an expanded network of partners to help
Singaporean artists widen their exposure to new audiences; and on collaborating on art activities and initiatives to allow the community in Singapore to benefit from the art.

https://www.nac.gov.sg/about-us/media-centre/press-releases//uob-and-nac-in-strategic-partnership-to-support-the-arts-ecosystem-to-position-singapore-as-an-arts-hub-for-southeast-asia