Building & Engineering

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.

ST Engineering’s Q2 contract wins lift order book to $35.7b

The contracts covered aerospace, defence, and urban solutions.

Delaying AI investment could become construction's most expensive decision

Thirty-one percent of Singapore construction firms see implementation cost as a barrier to AI — more than double the 15% global average.

Startup Atomionics opens new quantum sensing hub to advance ocean mapping

The company has developed a quantum gravimetry system to map the seabed and subsurface.

Ever Glory United lifts order book above $1b

New contracts since January brought total contract wins to about $400m.

Top 20 construction stocks gain 56% as earnings outlooks diverge

Their combined year-to-date average daily trading turnover nearly quadrupled. 

CSE Global acquires US telecom solutions provider SEI for $10.3m

The deal was conducted on a cash-free, debt-free basis.

EGP Energy launches IPO of 18.8 million shares at $0.51 each

The group will have a market capitalisation of about $115m. 

JTC, Obayashi team up on robotics for construction

It includes trial and development of robotics solutions.

Sheng Siong builds $520m high-tech hub to power over 120 stores

The new facility is expected to be completed in 2029.

AI boom puts construction costs under pressure

Inflation is forecast to hit 4% next year as region-wide labour shortages tighten the market.