News

SIAEC wins $23.86m bid for 30% stake in China’s Arport AME

SIAEC wins $23.86m bid for 30% stake in China’s Arport AME

SIA Engineering will expand into Fujian to provide line and base maintenance at four airports.

Airwallex Singapore revenue surges 107% in FY2025

Transaction volume rose 93% over the same period.

ComfortDelGro clinches $38m site for $200m AI driving hub

The 30-year Choa Chu Kang project will replace the Bukit Batok Driving Centre with instructor-less training by 2030.

NIO posts $51m Q4 net profit, reversing prior year loss

The company delivered 124,807 vehicles, generating $55.4b revenue in Q4.

Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash

CEO Ren Letian is separately buying a 5% stake through his private investment vehicle.

Moomoo opens Bugis branch to back SGX Value Unlock program

The company’s third store and Moo Academy to guide retail traders on Singapore-listed firms.

Jardine Matheson swings to $1.41b net profit in 2025

This reverses a previous net loss of $594m (US$468m).

RMB infrastructure upgrade positions Singapore for Chinese firm listings

MAS appointed DBS as Singapore’s second RMB clearing bank.

CDL adds 26,000 sq ft to City Square Mall in $50m expansion

A 15,000 sq ft space houses five social service agencies.

Trade and investment flows cement Singapore’s top spot in global connectedness index

DHL 2026 report finds globalisation still at 25% amidst US–China trade decline.

Daily Markets Briefing: STI up 2.19%; Top stock is Jardine Matheson

Jardine Matheson is the top stock with a 7.68% increase.

Café chain The Providore ends operations in Singapore

The company has not publicly confirmed a reason for the closures.

S’pore sees five CFO appointments in 2025

Retirement accounted for 62% of CFO exits across APAC.

NTU Business–Computing graduates earn highest starting pay in 2026

NUS and SMU dominated starting salary charts alongside NTU.