Building & Engineering

Singapore-Kuala Lumpur High Speed Rail Project talks resume
4 Dec 20
The prime ministers of Singapore and Malaysia conversed on 2 December.
Cosco Shipping subsidiary wins legal battle against crane specialist
23 Nov 20
Cosco will be awarded an estimated $3.9m.
ST Engineering starts restructuring amidst FY2020 revenue loss
18 Nov 20
Revenue is expected to be between 5% to 15% lower than last year.
REDAS seals deal on IDD dashboard with KPMG
17 Nov 20
The new platform will help small and medium-sized developers in digitalising their operations.
ABB awarded $40.5m Tuas Water Reclamation Plant contract
17 Nov 20
The tech firm will deliver a site-wide plant monitoring and control system.
Daily Briefing: More support for precision engineering sector to foster partnerships; Advanced materials maker Krosslinker raises $1.68m
16 Nov 20
And 1,200 visitors flocked to The Landmark’s preview.
Daikin, SP Group to develop cooling system in new town Tengah
12 Nov 20
22,000 households will stay cool from a central air-conditioning system.
CapitaLand, IMDA, ESG launch SEA's first industry-led smart cities solutions lab
28 Oct 20
CapitaLand has committed up to $10m for the new, Singapore-based laboratory.
Chemical-free paint startup gush raises $4.65m in pre-Series A funding round
27 Oct 20
The funding round is led by venture capital firm TNB Aura.
McDermott earns Malaysia International Business Award in engineering
9 Oct 20
McDermott International, Ltd today announced that the company was recognized by Singapore Business Review with a Malaysia...
Rail to become a major driver of Thai transportation sector growth
31 Aug 20
The government is seeking to transform Bangkok into a regional railway hub.
PUB, Sembcorp begin building 60MWp floating solar PV system on Tengeh Reservoir
18 Aug 20
It is expected to start operating by next year, offsetting 7% of PUB’s annual energy needs.
ST Engineering posts 4% profit dip to $257.4m in H1
17 Aug 20
Impairment of intangible assets, receivables, and fair value changes dragged it down.
ST Engineering appoints new COO
13 Aug 20
Lim Serh Ghee will replace Eleana Tan, who decided to retire from her COO position.
Sinohydro clinches $449.6m Tuas Water Reclamation Plant bid
29 Jul 20
It is the fourth major Tuas WRP construction contract awarded by PUB.
Public Works Authority of Qatar terminates sewage treatment contract with Keppel
27 Jul 20
Keppel said this follows after the implementation of a new framework contract.
Keppel consortium secures $329m contract for Bangkok DCS plant
23 Jul 20
They have formed joint venture to build and maintain the district cooling system.
Yongnam JV secures $320.4m contract to build Jurong Region Line
20 Jul 20
The firm will construct Toh Guan, Jurong Town Hall and Pandan Reservoir stations.
SIAEC's profits plunged 74.3% to $10.7m in Q1
20 Jul 20
The flights they handled in Singapore shrank to 13% of their usual load.
ST Engineering, Israel Aerospace Industries set up JV in Singapore
16 Jul 20
Both companies signed an agreement to market advanced naval missile systems.
Rolls-Royce slashes 24% of Singapore manpower
13 Jul 20
They are working closely with various groups to give further support to the affected staff.
Boustead Singapore profits up 9% in H2
8 Jul 20
Its revenue was driven by successful conversion of order backlogs.
Starburst Engineering bags $13.1m contract for upgrading mock-up facility
7 Jul 20
The firm will design, supply and install ballistic protection works for the said facility.
InstaReM and IITAAS set up fund for Indian migrant workers in Singapore
3 Jul 20
Eligible workers will receive a one-time $20 voucher code to include in their remittance transfer.
Fresh $1.36b support to be laid out for construction firms: BCA
29 Jun 20
This aims to support construction businesses and assist with cash flow.
Keppel, Mitsubishi explore trigeneration plant concept for data centres
18 Jun 20
The concept might benefit Keppel’s floating data centre park project in Singapore.
Lum Chang unit claims $155.5m contract to refurbish Octagon building
16 Jun 20
The commencement date is expected to be on 3 August.
Singapore to resume mega infrastructure plans
15 Jun 20
Schedule to be paced according to demand.
MatchMove, KPMG to roll out remittance app for construction firm
11 Jun 20
Expand Group’s quarantined migrant workers may now transfer money easily.
China's construction sector to grow 1.8% this year
11 Jun 20
This is due to the uptick of investment activity in real estate and infrastructure.
More than 5,400 renovation projects cleared to resume
3 Jun 20
New applications to resume works can be approved within two days.
ST Engineering expects revenue to be 5-15% lower than last year
18 May 20
Lower demand in the aerospace and electronics sectors is expected.
Construction work to gradually resume after circuit breaker
18 May 20
Projects that must urgently resume for safety concerns can continue by 2 June.
Lian Beng nails residential development contract worth $174m
12 May 20
It involves constructing five blocks of flats with 566 units.
SIAEC's profits rose 20.4% to $193.8m in FY2019-2020
11 May 20
It saw $3.3m higher contributions from its engine and component segment.
ST Engineering bags contracts worth $1.6b in Q1
21 Apr 20
Over half or $838m were clinched by its aerospace sector.
Daily Briefing: Check out the biggest loser amongst REITs; Ezion wins $1.5b refinancing package
12 Feb 18
And Bitcoin fights back as price rises above US$8,000.
Geraldine Ong Siew Ting resigns as Cosmosteel Holdings director
10 Jul 15
She was also chairman of the Renumeration Committee and a member of Audit and Nominating Committee.
Jardine Cycle & Carriage acquires 24.9% stake in Siam City Cement
30 Mar 15
For a total of USD615m.
STX OSV sale by April?
26 Jan 12
Talk is growing that the debt-heavy shipbuilder will be snatched up soon, notes AmFraser.

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