Building & Engineering
Construction costs rise up to twice as fast as inflation: JLL
Construction costs rise up to twice as fast as inflation: JLL
Developers risk underestimating project costs when relying on CPI-based budgets.
1 day ago
OKP Holdings unit buys $21m property from Crown Beverage
The site is held under a 30-year lease from Jurong Town Corporation.
4 days ago
Half of developers moderately concerned about labour costs: survey
One in three are most concerned, whilst one in five are not concerned at all.
HDB to deploy smart hoists at half of BTO sites from 2027
Each unit carries 2D LiDAR and anti-pinch door sensors for automated operation.
CCS seeks public feedback on Zenith’s proposed NatSteel acquisition
It is inviting views on the transaction’s potential impact on market competition.
HDB completes first construction transformation project at Tengah
A second development is on track by the end of the year.
JTC, Kajima pilot autonomous heavy machinery in Jurong
Excavator and compactor trials target 50% fewer skilled operators.
Hang Lung unveils new footbridge linking Amoy and Kowloon Bay
The bridge features solar panels and provides 24-hour access.
Reclaims Global net profit climbs 53.1% to $3.8m in H1
Revenue jumped 52.9% to $33.3m from $21.8m.
Singapore hits record low injury rate but fatal injuries rise in H1
A total of 21 workplace fatalities were recorded during the period.
Four arrested as MOM probes foreign worker employment offences
The directors are suspected of making fraudulent CPF contributions to inflate their foreign worker quotas.
Aedge Group posts $2.4m profit on all-segment growth
Its Engineering Services led the growth, driven by contract wins.
Wee Hur H1 profit rises 17%, adjusted earnings hit by fee absence
The decline mainly reflected the $38.4m performance fee recognised in H1 2025.
CSE Global profits drop 19.3%
The lower earnings were driven by a shift in business mix towards lower-margin data centre projects.
ST Engineering H1 net profit surges 27% on segment gains
It also secured $7.6b in new contracts during the period.
OKP Holdings H1 profit jumps 43.8% on project gains
Construction and maintenance activity pushed revenue to $113.8m.
Beng Kuang Marine revenue rises 9.7% to $55.7m in H1
This was underpinned by higher engineering and shipbuilding activities.
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