Building & Engineering

Hong Leong Asia bears brunt of $33m loss in Q2
15 Aug 18
But its digital engine unit fared well as its revenue rose 5.3% to $43.6m.
ST Engineering propelled by bloated $13.4b orderbook in Q2
10 Aug 18
Smart Nation projects are expected to ensure its profitability.
ST Engineering profits up 10% to $117.5m in Q2
8 Aug 18
Its order book hit $13.4b, boosted by new orders in Smart City spaces.
Sembcorp Industries H1 profits dipped 7.9% to $158.57m
3 Aug 18
It blamed losses in its marine and construction businesses.
Laboratory to develop digital urban solutions rolled out
1 Aug 18
Surbana Jurong, NTU and NRF set up the SJ-NTU Corporate Lab.
Engineering firm DLF raises $4.26m from fully-subscribed IPO
24 Jul 18
It will target the Singapore and Asian tourism sectors as business prospects.
ST Engineering's electronics arm bagged contracts worth $764m in Q2
22 Jul 18
Major projects covered mobility, satellite comms, and IoT.
Keppel Infrastructure Trust sinks into the red with $4.04m loss in Q2
19 Jul 18
Basslink suffered from a two-month outage and contractual issues with the State of Tasmania.
CityDev steps up climate change strategy amidst upcoming carbon tax in 2019
18 Jul 18
It will utilise sustainable building materials for development projects to reduce embodied carbon by 24% by 2030.
CITIC Envirotech launches subsidiary
11 Jul 18
It also opened its US$15m facility in Texas.
JTC and ST Engineering team up for Punggol Digital District's Open Digital Platform
10 Jul 18
PDD will be the first to integrate physical and digital infrastructures from the ground up.
Singapore residential construction will contract -1.8% in 2018
10 Jul 18
Compounding the issue is the fact that much of the construction activity comes from public-housing scheme administered by the HDB.
ST Engineering launches gateless hands-free rail fare collection system
9 Jul 18
Passengers will only need a wristband or key tag to enter the fare passageway.
ST Engineering invests in Israel-based cybersecurity firm
5 Jul 18
Their cross-platform will provide a consolidated overview and analysis of cyber events for rail operators.
CITIC Envirotech wins $515m ecological restoration contract in Sichuan
24 Jun 18
It will restore 20 million sqm of land across 36 towns.
China could invest in countries outside Malaysia after rail project fallout
7 Jun 18
Property markets in Indonesia, Vietnam, and the Philippines are standouts to have investment potential.
New underground substation to free up 3-hectare developer land
31 May 18
Singapore unveiled plans to build a 230kV substation at Pasir Panjang.
More big infrastructure projects threatened by Malaysia's HSR decision
30 May 18
An analyst eyes the Woodlands-Johor Bahru Rapid Transit System and other proposed bridges.
ST Engineering rebrands business units on 1 June
30 May 18
Aerospace, Electronics, Kinetics, and Marine will be renamed to unite under one superbrand.
Derailed HSR project threatens Jurong's CBD dreams
30 May 18
Jurong Lake District was supposed to be a terminus for the rail project.
ST Aerospace bags 12-year maintenance contract for A319 jet
28 May 18
It will repair the interior and auxiliary fuel tank of the airbus jet.
En bloc sales could drive construction costs higher
24 May 18
Singapore is now the fourth most expensive city in Asia to build in.
Yongnam bags North-South corridor contract for $554m
24 May 18
It will build vehicle tunnels and a new facility starting Q2.
Singapore's construction costs are the 4th highest in Asia
23 May 18
The public sector is expected to boost demand and drive costs between -1% to +2%.
Daily Briefing: SGX's S-REIT index dipped 6.3%; Singapore crane supplier Tat Hong to delist
22 May 18
And here's how The Garden Residences lured 3,000 people to its showflat.
Singapore launches nationwide e-invoicing standard
21 May 18
It is part of the government’s push for businesses to digitise.
SIA Engineering full-year profits crashed 44.61% to $184.1m
16 May 18
It sold its 10% stake in Hong Kong Aero Engine Services.
ST Engineering Q1 profits up 17.8% to $117.7m
11 May 18
It was supported by growth across all sectors except marine.
ST Electronics merged STELCOMMS and infocomm unit
4 May 18
STELCOMMS’ staff and assets were moved to STEE-InfoComm.
ST Engineering Land Systems' Chinese unit files for bankruptcy
24 Apr 18
It failed to sell its assets due to weak industrial demand.
ST Engineering forms subsidiary in Chongqing
19 Apr 18
It will support its metro rail and building management projects in China.
Civmec to supply steel for 12 Luerssen Australia vessels
17 Apr 18
This brings its total order book to $815.55m.
Construction bosses bullish on higher orders in 2018
10 Apr 18
Some of them eye projects like Changi T5 and the KL-Singapore High-Speed Rail.
VINCI buys Singapore-based Wah Loon Engineering
6 Apr 18
It expects to raise $201.62m revenue in 2018 from data centre construction.
Construction lagged other sectors in fulfilling arrears in Q1
3 Apr 18
But the proportion of slow payments dipped to 49.14%.
Chart of the Day: Public construction progress payments to rise in 2018
29 Mar 18
This will be supported by the work in the 21.5km North-South Corridor.
ST Engineering CEO eyes doubling marine revenue in 5 years
27 Mar 18
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
25 Mar 18
It is eyeing to double this in 2022 through acquisitions and organic growth.
Keppel's infrastructure arm turns to 2 projects for growth
23 Mar 18
Its Marina East Desalination project could boost headline earnings by 5-6%.
New deal to facilitate local firms' participation on infra projects in Bangladesh
13 Mar 18
IE Singapore and PPPA will identify urban development and energy projects that firms can join in.

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