Browsing: Singapore

Singapore’s construction sector outlook in Q4 crumbles

While the overall business optimism for Q4 saw a slight uptick, the construction sector continues to draw a downtrend, with only one of the six indicators passing a positive outlook. According to Singapore Commercial Credit Bureau’s


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Major developers set to pounce hard on Marina Bay site tender

With the recent launching of the tender for the White Site at Central Boulevard in Marina Bay, property experts see major developers taking the opportunity to bid given the scarcity of vacant plots available for the


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URA launches tender for the White site at Central Boulevard

The Urban Redevelopment Authority (URA) has launched the White site at Central Boulevard for sale by public tender today. It was available for sale on the Reserve List of the 2nd Half 2016 Government Land Sales


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S’pore’s Surbana Jurong acquires SMEC to be one of Asia’s largest consultancy

Surbana Jurong acquires SMEC for S$400m (US$300m) to become one of Asia’s largest consultancy powerhouses in urban & infrastructure developments Singapore-based Surbana Jurong Private Limited (Surbana Jurong), one of Asia’s leading consultancies in urban developments, and


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Chinese manufacturer recalls 35 defective subway trains from Singapore

It was recently revealed that on June 12th, 35 Mass Rapid Transit (MRT) trains in Singapore manufactured by Shandong-based CSR Sifang Locomotive & Rolling Stock Company Ltd had cracks on the bodies and key structural parts


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Singapore’s Thomson–East Coast Line in Full Swing

Last Major Civil Contract for the Construction of Sungei Bedok Station and its Associated Tunnels Awarded Today The Land Transport Authority (LTA) has awarded the civil contract for Sungei Bedok station and its associated tunnels. This


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Genting targets high-rolling Chinese gamblers with massive Jeju project

Genting is eyeing deep-pocketed Chinese gamblers and property buyers with its newest integrated development Resorts World Jeju. According to a report by CIMB, the resort could add $145m per annum to Genting’s bottomline. RWJ will be


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Construction demand surges on back of massive public infrastructure projects

Strong demand from public infrastructure projects boosted the construction sector’s growth in the first quarter. The construction sector expanded by 6.2% in Q1 picking up from the 4.9% growth recorded in the previous quarter. This chart


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New passenger terminal building to be built at Singapore’s Seletar Airport

A new terminal will be constructed at the eastern side of Seletar Airport, the Civil Aviation Authority of Singapore and Changi Airport Group revealed today. The new terminal will allow Seletar Airport to cope with increased


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Construction begins on Phase 1 of Singapore’s Tuas Terminal

Construction of the first phase of Singapore’s mega-port terminal in Tuas officially began on Friday (Apr 29). When completed, the 20 deep-water berths will be able to handle about 20 million standard-sized container units yearly and


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