Building & Engineering
LPH hits first oil in Benin but warns of formal restructuring risk
LPH hits first oil in Benin but warns of formal restructuring risk
Drilling delays and cost overruns strain the group’s financial position.
Mencast Holdings to divest Penjuru Road property in $21m deal
The sale is expected to yield a $7.7m gain and repay loans.
Tiong Seng warns of FY2025 net loss as legacy project costs bite
The warning follows a $2.8m net profit in FY2024.
CSE Global FY2025 new orders hit $1b as Q4 electrification triples
The group closed the year with an order book of $709.5m.
Koh Brothers Eco returns to black with $6.8m earnings in 2025
KBE reversed its $17.1m FY2024 loss as construction revenue doubled to record levels.
Avi-Tech posts $1.0m H1 loss as revenue slips
Loss for the period widened to $990,000 from a $231,000 loss a year earlier.
Soilbuild bags $158m new construction and precast contracts
The company’s order book also rose to $1.07b as of end-2025.
Mission-critical infrastructure pivot fuels Ever Glory United’s $732m order book
CEO Xu Ruibing says the backlog reflects client confidence in hotel and transport projects.
Nanofilm to set up Dongguan joint venture
Proceeds will be used to support the venture’s working capital and business expansion.
TEC opens 13th Singapore hub to anchor global MNCs
TEC’s new facility at IOI Central Boulevard Towers offers 300+ workstations.
Ley Choon's $43.6m new contracts guarantee project revenue through 2029
The contracts cover works for underground utilities services and road facilities.
ST Engineering maps new milestones for space programme
NEBULA delivery targets the second half of 2026.
Groundup.ai targets Industry 5.0 via new AI academy
Key sectors include maritime, manufacturing, and critical infrastructure.
Construction earnings peak pushed to FY29 on $43-$53b demand estimate
An estimated addition $5.5b in contracts are expected to be awarded in 2026-2027.
Construction to outperform as public works anchor $30b–$40b demand: UOB
PUB puts the full DTSS programme at about $10b, whilst the Cross Island Line is seen above S$40b.
Construction hits $53b record peak on Changi T5 surge
Total construction output is expected to rise as high as $46b dollars during 2026.
Why we keep spending millions on bollards whilst accidents keep rising
Developers need to stop treating bollards as an afterthought.
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