Building & Engineering

ST Engineering partners with Rheinmetall to develop defense products
12 Sep 19
They will develop solutions related to protection systems and combat vehicles.
ST Engineering's aerospace unit injects $27m into STEA Resources
5 Sep 19
The capital injection will be used to buy aircraft assets.
SembMarine bags contracts worth $400m
2 Sep 19
This includes building jacket foundations for Taiwan's largest offshore wind farm.
This startup makes air-purifying paints to curb indoor pollution
26 Aug 19
To date, gush paints have been used in over 600 residential and 60 commercial projects in Singapore.
Malaysia building sector to contract temporarily in 2019
23 Aug 19
However, the sector will grow in the long term as more projects achieve completion.
Boustead Singapore unit clinches $100m European energy infrastructure deal
23 Aug 19
The subsidiary will design, engineer and supply waste heat recovery units.
Surbana Jurong to digitalise quantity surveying and cost management
22 Aug 19
It partnered with digital tech firm Glodon to expand the adoption of 5D Building Information Modelling (BIM).
ST Engineering's half-year order book hit record-high of $15.6b
19 Aug 19
Around $3.8b of it is expected to be delivered in the second half of the year.
Sembcorp profits up 20% to $98m in Q2
15 Aug 19
However, revenue fell 33% due to lower turnovers from its energy and marine units.
Indonesia cement industry recovers from six-year slump
15 Aug 19
Gross margins of the two top producers improved.
ST Engineering profits climbed 18% to $138.2m in Q2
14 Aug 19
Profit growth from the marine sector countered declines from other divisions.
Sembmarine's loss narrows to $6.83m in H1
30 Jul 19
Revenue from its rigs & floaters business nearly halved.
ST Engineering secured $1.5b-worth of contracts in Q2
26 Jul 19
Its aerospace and electronics sector accounted for $809m and $702m, respectively.
ISOTeam to buy Coney International's six construction firms for $24m
25 Jul 19
The purchase consideration will comprise 50% cash and 50% ISOTeam shares.
Keppel O&M clinches $130m worth of contracts from repeat customers
17 Jul 19
It will mark its third newbuild dredger contract for maritime contracting firm Van Oord.
Close to 1 in 2 SMEs paid their arrears on time in Q2
17 Jul 19
The turning fortunes of the construction sector were cited as a possible reason for the improved performance.
Koh Brothers Eco Engineering nabs $668.2m contract from PUB
16 Jul 19
It will construct influent pumping stations for the Deep Tunnel Sewerage System Phase 2 project.
Construction sector could grow 3% in 2019
15 Jul 19
The short-term outperformance of the buildings sector will momentarily propel growth before slowing down in 2020.
Residential project pipeline to boost construction industry 3.2% in 2019
10 Jul 19
Five more BTO projects are scheduled for launch by the end of the year.
Lian Beng wins $234.7m contract for NTUC's fresh food distribution centre
9 Jul 19
It is expected to begin construction in August 2019.
Can Malaysia revive its weakening construction sector?
9 Jul 19
It has resumed its shelved mega projects.
Japan dominates Philippine construction investment: report
9 Jul 19
China may soon erode Japanse funding dominance after it pledged $32.7b (US$24b) of investments for the next decade.
GIC joins consortium to acquire US railroad firm for US$8.4b
2 Jul 19
G&W owns a portfolio of 120 short line railroads across North America, Europe, and Australia.
India's construction industry growth to slow to 6.7% in 2019
25 Jun 19
Project delays result in cost overruns, with multi-state projects being hit the hardest.
Linde to invest US$1.4b in Jurong Island gasification complex
25 Jun 19
It will also integrate this project with an ExxonMobil plant.
ISR Capital inks deal to develop rare earth oxide project in Africa
25 Jun 19
The 238-km2 concession area in northwestern Madagascar was acquired through a 60% stake in Tantalum Holding Mauritius.
Keppel Infrastructure Trust to issue $100m 4.75% subordinated perpetual securities
19 Jun 19
The second tranche will be consolidated with the $200m 4.75% perpetual securities issued on 12 June.
KS Energy terminates contract with Shanghai Zhenhua Heavy Industry Co.
19 Jun 19
KS Drilling will not take delivery of the KS Java Star 3 rig.
ST Engineering's contract value could grow to $4.2b in 9M 2019
14 Jun 19
Its orderbook recognition for the next three quarters is expected to rise 31%.
ST Engineering appoints Joseph Leong Weng Keong as director
7 Jun 19
He is currently the permanent secretary for defence development.
ST Engineering and Vietnam Airlines form JV in Vietnam
7 Jun 19
The joint company will focus on component MRO solutions.
EMS Energy returns Tuas South premises to JTC
7 Jun 19
The construction of its waterfront facility was halted in 2016.
ST Engineering forms subsidiary in the US
3 Jun 19
The new unit will work on the upgrade and repair of drilling rigs, military, para-military and commercial ships.
Keppel Infrastructure Trust launches $1b multicurrency debt programme
24 May 19
The proceeds will be used to finance acquisitions and asset enhancement works amongst others.
ST Engineering aerospace arm to de-register ST Aerospace International Structures
22 May 19
STAIS was formed to take on a helicopter manufacturing programme that has already been completed.
ST Engineering to sustain positive orderbook momentum with $4.2b in contracts
21 May 19
In Q1 alone, the firm scored $2.1b in new contracts for the aerospace and electronics segments.
Better traction in Smart City solutions could boost ST Engineering's order book
16 May 19
Its Newtec acquisition and satellite communications business makes it a standout for Smart City initiatives.
Sembcorp Industries could bank on Indian business recovery
16 May 19
Its renewable generation pumped in $15-20m profits a quarter in 2018.
Sembcorp Industries' profits jumped 21% to $93m in Q1
15 May 19
Its profit from its energy business grew 21% to $85m.
Singapore ranked as fourth costliest Asian city to build in
9 May 19
The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities.

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Oct 24
Singapore Business Review's 20 Hottest Startups Panel Briefing 2019
Four Points by Sheraton Singapore, Riverview
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