Construction
Fatal accidents shake Thailand’s faith in once-dominant builder
Italian-Thai Development’s financial problems were getting progressively worse prior to the accidents
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion
Low Keng Huat privatisation imminent as offeror secures over 90% of shares
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price
Singapore construction demand to stay firm at S$47 billion to S$53 billion in 2026: Chee Hong Tat
Demand is projected to stay elevated from 2027 to 2030 at S$39 billion to S$46 billion per year
Cement is hitting a wall. There’s no coming back
Prices are at their lowest in a decade, and factories are saddled with more than twice the capacity they need
China Vanke asks to extend bond grace period again, adds collateral
The company is also preparing a broader restructuring plan
UK builders suffer longest downturn since global financial crisis
Many firms cite subdued demand and fragile client confidence, with delayed spending decisions resulting in weak sales
Hong Kong arrests 21 for corruption in building renovation crackdown
They include middlemen, project consultants and contractors
LTA awards Obayashi Corp S$281 million contract to design and build new Brickland MRT station
The station is targeted to commence passenger service in 2034
Amid global economic uncertainty, KSH Holdings doubles down on Singapore for growth
The construction and property group is eyeing more laboratory construction projects, given its strong track record in the sector
