Building & Engineering
Surbana Jurong to digitalise quantity surveying and cost management
Surbana Jurong to digitalise quantity surveying and cost management
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
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
However, revenue fell 33% due to lower turnovers from its energy and marine units.
Indonesia cement industry recovers from six-year slump
Gross margins of the two top producers improved.
ST Engineering profits climbed 18% to $138.2m in Q2
Profit growth from the marine sector countered declines from other divisions.
Sembmarine's loss narrows to $6.83m in H1
Revenue from its rigs & floaters business nearly halved.
ST Engineering secured $1.5b-worth of contracts in Q2
Its aerospace and electronics sector accounted for $809m and $702m, respectively. Engineering firm Singapore Technologies Engineering (ST Engineering...
ISOTeam to buy Coney International's six construction firms for $24m
The purchase consideration will comprise 50% cash and 50% ISOTeam shares.
Keppel O&M clinches $130m worth of contracts from repeat customers
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
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
It will construct influent pumping stations for the Deep Tunnel Sewerage System Phase 2 project.
Construction sector could grow 3% in 2019
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
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
It is expected to begin construction in August 2019.
Can Malaysia revive its weakening construction sector?
It has resumed its shelved mega projects.
Japan dominates Philippine construction investment: report
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
G&W owns a portfolio of 120 short line railroads across North America, Europe, and Australia. GIC and Canada-based Brookefield Infrastructure have...
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