Staff Reporter

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

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.

Singapore’s AI upskilling push is bold. Now employers must close the loop.

In many roles, AI will augment productivity. In others, it will reduce headcount.

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.

Non-interest income anchors banks as US rates weigh

Lending is supported by corporate, wealth, and mortgage loans.

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

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

Equity market faces momentum risks amidst Middle East tensions

The global market backdrop also contributed to investor caution.

Information sector hits 41% net employment outlook in Q2 2026

The construction and real estate sector posted a 24-point jump in the same period.

Café chain The Providore ends operations in Singapore

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