Building & Engineering

BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui 

The shareholders also approved the acquisition of the shares from Wong’s children.

BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui 

The shareholders also approved the acquisition of the shares from Wong’s children.

Tee International to acquire signage specialist Carats&Co for $14m

The company will acquire all shares of Carats&Co in two tranches.

Urban Heat Island effect? Low-rise streets emerge as one of the hottest locations in Singapore

Experts suggest that Singapore needs to do more than add greenery to design for heat.

49,000 construction jobs created in 2023: report

Engineers were the most in-demand in the industry this year.

Sats ‘on track’ to restoring profitability following 3 financial years of losses

The company also clarified that there is no risk for it to be placed on the SGX watchlist.

MAS, Temasek, and partners ink MOU on green investments 

The parties will increase the bankability of green and sustainable projects in Asia.

Frasers Property Singapore, BCA pilots magnetic bollards for escalator safety in malls

Nine in 10 escalator incidents recorded in 2023 were due to user behaviour.

Hyundai launches new smart urban mobility hub

This will facilitate Hyundai’s aim to advance the production of EVs.

Trade grows 0.3% in October

Exports rose by 2.8% while imports declined by 2.3%.

Singapore trade grows 0.3% in October

Exports rose by 2.8% whilst imports declined by 2.3%.

Sembcorp to invest $10.5b in renewables 

The company will deploy 10% of the capital into decarbonisation solutions.

ST Engineering unit bags platform screen door solution contract for Ontario rail line

Under the contract, the company will deliver 360 sets of full-height platform screen doors.

MOM enhances measures to reduce heat stress risk for outside workers

Measures include monitoring of the Wet Bulb Globe Temperature for every hour of outdoor work performed.

Keppel taps Kevin Chng as CFO

Chng will replace Chan Hon Chew, who will retire on 31 December.

Keppel reports 5% YoY higher revenue of $5.3b in 9M23

The company attributed its better performance to strong earnings growth for its 3 segments.

Tee International seeks extension to submit revised trading resumption proposal 

It requested the extension after signing a second supplemental agreement with Meta5.

Dyna-Mac secures $88m from repeat customers

This will increase the company’s net order book to $630.7m