Building & Engineering
Applied Materials invests $643m in Singapore campus to meet AI chip demand
Applied Materials invests $643m in Singapore campus to meet AI chip demand
The new Tampines facility doubles cleanroom capacity and adds 1,000 planned jobs.
Ley Choon takes 51% stake in new tunnelling JV with Australian partner
The JV targets pipe jacking projects in Singapore and international infrastructure markets.
Bombardier takes off with $100m Seletar service expansion
New 250,000 sq ft facility to support aircraft recompletions.
Lum Chang Creations weighs market volatility before Mainboard transfer
Share placement must be completed to meet SGX public float rules.
Civmec locks in $1.5b order book on new contract wins
Awards cover resources, infrastructure, and maintenance works.
Faster hiring alone will not fix construction’s productivity problem
Adding more workers into fragmented projects without improving coordination may create new inefficiencies.
KSH posts $6.8m net profit in FY2026
This is despite a weaker revenue as new projects remain in early stages.
ST Engineering names Jeffrey Lam as deputy CEO
He will assume the post on 1 June.
OKP unit wins $165.3m LTA contract for bridge accessibility upgrades
The project covers lift installations and commuter improvements at 30 overhead crossings.
Koh Brothers Eco eyes greener pastures with Mainboard move
The firm enters the proposed transfer with a $1.1b order book.
Boustead JV to build $104m Seletar aerospace facility
The site is fully leased to a global aerospace firm for 22.5 years.
Ever Glory United’s order book hits over $900m after new $230m contracts
Its project wins include works for the LTA and Resorts World Sentosa.
ISDN profit attributable to shareholders surges 2,973% in Q1 on strong automation revenue
Revenue rose 24.2% YoY to $113.7m.
ST Engineering posts 11% revenue growth in Q1, bags $4.8b new contracts
Defence, aerospace, and urban solutions units all posted revenue growth.
CSE Global Q1 revenue rises 29.1% as order intake jumps 74.6%
Electrification led the growth as order book climbed to $716m as at end-March.
Construction demand may reach $53b amidst rising costs
Construction costs are expected to rise 2% to 5% in 2026.
Executive condo minimum occupation period doubled to 10 years
First-time home buyers quota for new EC units has been raised to 90%.
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