Building & Engineering
ST Engineering secured $1.5b-worth of contracts in Q2
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...
India's construction industry growth to slow to 6.7% in 2019
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
It will also integrate this project with an ExxonMobil plant.
ISR Capital inks deal to develop rare earth oxide project in Africa
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
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.
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
Its orderbook recognition for the next three quarters is expected to rise 31%.
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