Building & Engineering
Raffles Infrastructure inks $1.19b deal to build Chinese tourist railways
Raffles Infrastructure inks $1.19b deal to build Chinese tourist railways
The railways will have a total length of 70km and will be built in four phases.
ST Engineering's Electronics arm bagged contracts worth $435m in Q3
They involve areas such as mobility, satellite communications, IoT, and cybersecurity.
TEE International clinches $58m worth of engineering contracts
Amongst them is alteration work for repeat client Changi Airport.
Chart of the Day: Big 5 SG-focused engineering stocks saw average returns of 3% in September
Chip Eng Seng has the biggest return of 9% by 1 October.
Engineering firm Sapphire bags $87m contract to build China subway
It will build one subway station and two intervals in Hangzhou.
CapitaLand buys 16 US properties for $1.14b
The 3,787 apartment units have an average occupancy rate of over 90%.
Small construction players likely to suffer more amidst property curbs
Firms are also hit by the rising interest rates for debt.
Facebook data centre to support ‘hundreds of jobs' in Singapore
It posted new jobs for data centre construction.
Canberra Link EC site's highest bid hits $271m
The other eight bids ranged from $201m to $258m.
China's infrastructure investment growth contracted 1.8% in July
But it could recover amidst the government's policy easing.
KSH Holdings bags $266.3m contract for Riverfront Residences
They will build nine apartment blocks, six shops, a landscape deck, and communal facilities.
Construction sector saw most fatalities and injuries in H1 2018
The manufacturing and the transport and storage sectors also pose workplace concerns with their fatality and injury records.
Hong Leong Asia bears brunt of $33m loss in Q2
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
Smart Nation projects are expected to ensure its profitability.
ST Engineering profits up 10% to $117.5m in Q2
Its order book hit $13.4b, boosted by new orders in Smart City spaces.
Sembcorp Industries H1 profits dipped 7.9% to $158.57m
It blamed losses in its marine and construction businesses.
Laboratory to develop digital urban solutions rolled out
Surbana Jurong, NTU and NRF set up the SJ-NTU Corporate Lab.
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