Building & Engineering
Hongkong Land’s emission reduction targets get SBTi approval
Hongkong Land’s emission reduction targets get SBTi approval
It is the fourth real estate company in Hong Kong that secured approval.
MoM vows to improve measures for workplace safety in construction firms
There have been 27 workplace fatalities in 2022 so far, almost double that of 2019.
Keppel subsidiary starts arbitration for $172.6m claim over Qatar project
This is in connection with the Doha North Sewage Treatment Works project.
ST Engineering revenue rockets to $2b in Q1
Commercial aerospace, urban solutions, and defence segments had growth.
Keppel Corporation revenue grew by 9% YoY in Q1
The firm’s net profit also improved in the first quarter of 2022.
Keppel Infrastructure, NUS partner for smart grid, clean power projects
The partnership also includes educational and training opportunities for students.
Temasek, SP Group to install sustainable cooling solutions in Tampines
The district cooling network will be installed in the first batch of seven buildings.
Keppel Infrastructure Trust’s distributable income down by 21.1%
Its subsidiary, Ixom, posted a 20.7% decline in distribution and storage.
ST Engineering updates $5b multicurrency note programme
It has been turned into the $5b global medium-term note programme.
Gov’t allocates $51m to fund request for proposal on coastal protection
New technologies include machine learning, radar satellite, and data collection.
$38.5m allocated for build-to-suit facility redevelopment: ESR-REIT
The redevelopment is expected to be finished in two years.
Construction sector to remain below pre-pandemic levels amidst labour shortage
The government’s worker retention scheme partially reduced project delays and labour costs.
Surbana Jurong Group CEO to retire
The search is on for Wong Heang Fine's successor.
Flying high: SIAEC’s net profit projected to recover to $92m in FY23
The expected recovery is on the back of increasing flight activities at Changi Airport.
Sembcorp breaks ground for expansion of 1,000-hectare industrial park in Vietnam
The sustainable industrial park is located in Binh Duong Province of Vietnam.
ST Engineering now wholly-owns TransCore
The acquisition will expand the firm’s footprint in North American.
Keppel Corp, consortium, to raise stake in Cleantech solar assets
Increased stake will speed up Keppel’s growth in renewable business.
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