Building & Engineering

Indonesia cement industry recovers from six-year slump

Gross margins of the two top producers improved.

Indonesia cement industry recovers from six-year slump

Gross margins of the two top producers improved.

ST Engineering profits climbed 18% to $138.2m in Q2

Profit growth from the marine sector countered declines from other divisions.

Sembmarine's loss narrows to $6.83m in H1

Revenue from its rigs & floaters business nearly halved.

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.

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.