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first shipment of bulk oil to Penang and shortly after this the Shell
Transport and Trading Company was formed with Isaac Henderson acting as one of its original directors. Boustead represented and operated on Shell's behalf in Penang until 1920 when Shell opened its own branch. By 1899, Singapore had become the world's main exporter of tin. Boustead & Co played a leading role as promoter and investor in the tin smelting facility on Pulau Brani, constructed by the
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330:. From that point forward, Straits Tin became one of the leading businesses of Boustead & Co. Over the decades, the excellent reputation of Boustead & Co allowed it to attract some of the world's most famous brands to give it agency rights in Singapore and around the region. Some of the famous brand names that became synonymous with Boustead were
386:. Having survived World War I, Boustead & Co continued to play a significant role in the expansion of Singapore as the world's largest port, with a booming business in cargo, freight handling, insurance and ship services. By 1940 Boustead & Co represented over 20 major shipping lines and numerous insurance agencies including the renowned
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in
Singapore, offering banking facilities to businesses. Brokers and sellers could draw a specific percentage of advances against the value of their goods stored in the Boustead warehouse. Such financing was called "trust receipts", where the merchant would hold the goods in trust for the banks. As
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and
Singapore. During the late 1880s, Boustead & Co took advantage of the introduction of the rubber tree to Malaysia and eventually became a leading rubber plantation manager and owner of 49 rubber plantations with a total planted area of 141,629 acres. In 1892 Boustead & Co handled the
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Import of
Western commodities such as textiles and machinery had to be balanced with exports of Eastern produce such as copra, coconut, pepper and tapioca. Boustead & Co had a "Balance of Trade", where demand for goods from the East had to be balanced with demand for goods from the West.
274:. The Liverpool partner would export products like textiles, biscuits, brandies and steel to the East, while the Singapore partner would trade with Eastern produce such as coffee and spices. The freedom of port made Singapore an ideal market for trading among imported manufacturers.
390:, which Boustead would represent for more than a century. After World War II, Malaysia declared independence from the British in August 1957 and Singapore declared independence from Malaysia in 1965. This saw Boustead & Co split into three entities, Boustead plc in London,
248:. In the same year, he established a trading company, Boustead & Co. Boustead & Co specialised in import and export, offering goods such as banca tin, spices, saps, rattan, medicinal herbs, silk and tea widely available in
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In 2012 Boustead
Limited originated from Boustead plc and was renamed later Boustead & Co Ltd, which is the holding company for financial services, including corporate finance, principal investing and asset management.
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trade credit and finance became increasingly important to banks, merchants, manufacturers and traders, Boustead & Co strengthened its position against competing houses—including the reputable trading houses of
382:'s death in 1888, Boustead & Co.'s associates took over the business. Boustead Plc (formerly known as Taiping Rubber Plantations Limited) was founded in 1910 and eventually listed as Boustead Plc on the
285:, was a middleman in Boustead's trading activities. He was also a good friend of Boustead. Tan amassed small shipments of produce from local traders for Boustead, who would then ship the produce to the West.
314:, and others—by establishing a wide trading network and became one of the leading British merchant banking houses, greatly contributing to Singapore's trading activities and economy.
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that develops, owns, lets and sells affordable housing and specialty supported housing developments across the United
Kingdom.
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fund with a focus on investing in socially responsible investments. The asset manager and fund are regulated by the
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British
Association of Malaysia, British Association of Malaysia and Singapore (1956). "Malaysia". pp. 38.
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Maclean
Roderick. "A Pattern of Change – The Singapore International Chamber of Commerce from 1837".
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In 2014 Boustead & Co. co-founded Noble Tree
Property Investment, a property company focused on
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In 1850, the London headquarters was established to oversee the other offices in Hong Kong,
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Japan and Singapore in the World Economy: Japan's Economic Advance Into Singapore 1870-1965
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in the Singapore company. Schwabe and his cousin established Sykes Schwabe & Co in
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British Business in Post-Colonial Malaysia, 1957-70: Neo-colonialism Or Disengagement?
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G. C. Allen, Donnithorne (1957). "Western Enterprise in Indonesia and Malaysia". pp. 7
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Che S W Wah (1970). "The Straits Times Directory of Malaysia & Singapore". pp. 31
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Colin Turner (1956). "Journal of the Association of British Malaya". pp. 40-49
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to serve as the investment advisor to Boustead Investment Fund, a social
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Drake, Peter Joseph (2004). "Currency, Credit and Commerce". pp. 65-69
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In 2015 Boustead & Co. founded Boustead Asset Management Ltd in
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is an asset management and corporate finance company created by
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In 1834, Boustead & Co partnered with German-born merchant,
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in exchange for Western products like cloth, oil and machinery.
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Boustead & Co commissioned Irish civil architect,
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474:Dateline Singapore: 150 Years of The Straits Times
487:An Anecdotal History of Old Times in Singapore
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293:Boustead & Co. was the first agent for
511:Hitoshi Hirakawa, Hiroshi Shimizu (2002).
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117:Learn how and when to remove this message
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500:The Chamber and its Founding Fathers
240:In 1828, Edward Boustead arrived in
55:adding citations to reliable sources
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232:in 1828 that still exists today.
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472:Constance Mary Turnbull (1995).
289:Role in development of Singapore
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485:Charles Burton Buckley (1902).
310:, Maclaine, Watson and Co Ltd,
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411:socially responsible investing
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613:Companies established in 1828
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308:Harrisons and Crosfield Ltd
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533:Nicholas J. White (2004).
396:Boustead Singapore Limited
295:Hongkong and Shanghai Bank
244:on board the British ship
400:Singapore Stock Exchange
392:Boustead Holdings Berhad
268:Gustav Christian Schwabe
257:George Drumgoole Coleman
374:20th and 21st centuries
328:Straits Trading Company
312:Sime Darby & Co Ltd
608:Companies of Singapore
452:Chew, Melanie (2008).
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304:Guthrie & Co Ltd
281:Singapore merchant,
185:United Kingdom
66:"Boustead & Co."
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199:Number of employees
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360:Moët & Chandon
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418:Mauritius
340:Del Monte
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242:Singapore
356:Hennessy
344:Gillette
323:Shanghai
203:Over 100
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236:History
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378:After
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