Building & Engineering
Singapore construction firms seen stepping up tech adoption: report
Singapore construction firms seen stepping up tech adoption: report
Many are prioritising AI deployment.
Oiltek International secures $27.2m in new contracts
These contracts cover projects in Malaysia, Indonesia, and Kenya.
SBR International Business Awards 2024 Winner: Fluence Corporation
Fluence Corporation Asia's CEO, Wong Jin Yong, explains how their award-winning wastewater treatment technology reduces energy use and saves land.
KSH Holdings incurs $31.5m net loss in FY24
Revenue for the period also fell by 28.2%.
Hiap Seng Industries posts $20.1m net profit for FY24
Revenue for the period was also 34.1% higher year-on-year.
Construction works for CR14 Turf City station to commence in 3Q24
The project was awarded to a joint venture corporation.
Ley Choon's net profit up 18.1% YoY in FY24 to $10.9m
The company attributed its profit rise to increased road and cable projects.
Boustead Singapore’s net profit soars 64% in 2H24
The increase was due to significant revenue contributions from three of its divisions.
CCCS uncovers bid-rigging scheme by Tarkus and Flex Connect
The bid-rigging affected tenders worth $150,000 to $7.7m.
MTQ’s net profit up by 148% YoY to $9.4m in FY24
The group’s earnings were boosted by a gain from property sale.
ST Eng’g revenue up 18% to S$2.7b in Q1
It has an order book of S$27.7b as of 31 March 2024.
HSBC's Philip Lee joins ST Engineering board
He will be part of the finance committee.
Civmec posts a 16.9% rise in net profit for 3Q24
The company also posted higher revenue.
Swan & Maclaren Group bags US28m tender for Six Flags Qiddiya lighting
Six Flags Qiddiya is projected to become the world's biggest theme park.
Construction thrives in Singapore as infrastructure and residential projects surge
The cost of materials, however, is impeding the sector's growth.
CSE Global's 1Q24 orders reach $186.2m
The new orders for 1Q24 was 16.7% higher year-on-year.
Keppel's net profit rises in 1Q24, fueled by key sectors
With legacy offshore and marine assets factored in, net profit dipped YoY.
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