Building & Engineering
Construction bosses bullish on higher orders in 2018
Some of them eye projects like Changi T5 and the KL-Singapore High-Speed Rail.
Construction bosses bullish on higher orders in 2018
Some of them eye projects like Changi T5 and the KL-Singapore High-Speed Rail.
VINCI buys Singapore-based Wah Loon Engineering
It expects to raise $201.62m revenue in 2018 from data centre construction.
Construction lagged other sectors in fulfilling arrears in Q1
But the proportion of slow payments dipped to 49.14%.
Chart of the Day: Public construction progress payments to rise in 2018
This will be supported by the work in the 21.5km North-South Corridor.
ST Engineering CEO eyes doubling marine revenue in 5 years
Vincent Chong is positive the US Yard will be able to contract for the US Navy given the 20% rise in naval spending.
ST Engineering made $1b from smart city business in 2017
It is eyeing to double this in 2022 through acquisitions and organic growth.
Keppel's infrastructure arm turns to 2 projects for growth
Its Marina East Desalination project could boost headline earnings by 5-6%.
Keppel to build Awilco's mid-water rig for US$425m
It will be used for operations in harsh environment like in Norwegian Continental Shelf.
Singapore's big developers vulnerable to shocks amidst rising debt
In 2007, Singapore developers’ debt was only around 6% of the GDP, whilst in 2016, it has more than doubled to almost 14%.
ST Engineering tests pollution-filtering bus stop
It will test the bus stop for 12 months in front of Dhoby Ghaut MRT Station from March 2018.
Daily Briefing: StanChart-owned investor offers Tat Hong privatisation for $376.6m; Grab eyes bike-hailing app launch
And here's why Singaporean developers are vulnerable to profit shocks.
BCA halts Kingsford Waterbay development
Building works like windows, barriers, and common storey shelter strayed from building requirements.
ST Engineering invests $54m in venture capital fund
It will invest in promising tech start-ups and early-stage companies.
CapitaLand's $4.9 bn Chongqing Skybridge to open in 2019
It will link six towers of Raffles City Chongqing.
United Engineers 2017 profit dropped 36% to $89.57m
United Engineers profits dropped 36% YoY from $140.58m to $89.57m in 2017, mainly due to the absence of profit from its discontinued Multi-Fineline...
ST Engineering's profits down 1.1% to $168.5m in Q4
Its marine sector’s earnings plunged 96.8% due to shipbuilding losses.
Who will buy Singapore's $24b infrastructure bond issue?
Life insurers and asset managers seem most excited.
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