Building & Engineering
Ever Glory United’s order book hits over $900m after new $230m contracts
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%.
ST Engineering lands $100m smart mobility contracts in Middle East
Maintenance works for Qatar's Road Management Centre began in the first quarter.
Ley Choon clinches $35.6m underground utilities contracts
The contracts are expected to be completed within 24 to 36 months.
CSE Global’s Q1 new orders jump 74.6% to $271.2m
Growth was driven by stronger demand for Electrification solutions in the US, particularly from the data centre market.
Lum Chang Creations eyes SGX Mainboard transfer; EGM set for May vote
It seeks a listing upgrade with bonus issue and mandate changes after $11m profit rise in the first half.
BCA to scrap overseas construction tests for China, Thailand in 2027
Hiring timelines are expected to drop from four months to one month.
Construction sector cautious on AI adoption amidst trust and cost concerns
Globally, 58% of respondents see AI reducing project delays, PlanRadar survey finds
Sharpa and JTC drive AI robotics growth in Punggol Digital District
They will support robot testing, innovation lab and use-case deployment of Sharpa’s North autonomous robots.
SERT NPI slips 1.3% even as data centre strategy advances
This is thanks to a stable occupancy, positive rent reversion and capital recycling initiatives.
Eneco Energy to buy Fastweld Engineering in $4.3m diversification move
This will expand the group into industrial engineering as it looks beyond logistics.
ST Engineering wins $4.8b in new contracts in Q1
Commercial Aerospace secured $1.7b in deals across MRO and A&S businesses.
Boustead Projects wins $400m contract for public sector office complex
The deal follows three E&C contracts totalling over $550m.
Commentary
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Delaying AI investment could become construction's most expensive decision
Can Johor-Singapore SEZ build ASEAN’s shared AI manufacturing ecosystem?
Machine-speed AI mistakes are Singapore’s next governance test
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?