Browsing: construction

Singapore Construction firms worst debtors in Q4

Firms in the construction industry were the worst debtors in Q4 2014, after the proportion of the sectors severely delinquent debts climbed to 27 percent from 18 percent a year ago, said media reports. According to


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Singapore Asia’s third most expensive market for construction

Singapore’s towering buildings come at a sky-high cost. The International Construction Costs Report released today by Arcadis showed that Singapore is Asia’s third most expensive market for construction and the fourteenth costliest market worldwide. The report


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Investment in Indonesia’s road sector in decline

Recently I had the opportunity when looking at a mini-hydro development to travel on the toll road network that connects Jakarta and Bandung, West Java, as well as the roads beyond. I still feel the pain


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Singapore 2015 private construction demand to crash by 37%

2015 private construction demand to crash by 37% as developers turn cautious Amid a slowdown in private home sales and global economic uncertainties. Private sector construction demand is anticipated to moderate to between $11 billion to


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Gloomy prospect for Singapore construction sector

Despite forecasts for Singapore’s economy to grow by 3% the prospects for the construction sector look gloomy. Construction growth came in slightly stronger than expected with a revison of  1.7% YoY from the previous level of


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Fisherman’s Wharf planning to build convention and exhibition

Plans for the construction of a convention and exhibition center are in the pipeline according to chief executive officer of casino service firm Macau Legend Development Ltd David Chow Kam Fai.  The convention and exhibition center


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Sunway hires banks for $200 mln construction IPO

Kualar Lumpur: Sunway Bhd has hired three more banks to arrange a stock market listing for its construction unit that could raise up to US$200mil, two people familiar with the matter said. HSBC, Maybank and Standard


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Mitrajaya bags RM402mil construction job

Mitrajaya Holdings Bhd has won a RM401.86mil construction job from Sunrise Pioneer Sdn Bhd, a member of UEM Sunrise Group. In a filing to Bursa Malaysia on Wednesday, the group said the award, bagged by its


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Macau sees massive surge in value of private construction projects

Value of private construction projects in Macau see massive increase Information from the Statistics and Census Service (DSEC) indicated that a total of 2,769 establishments were operating in the Construction Sector in 2013; number of persons


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Malaysia’s Sunway to list construction unit by Q2 2015

Malaysian property developer Sunway Bhd is looking to list its construction arm on the Malaysian bourse by the second quarter of 2015, according to a stock exchange filing on Friday. The spin off and proposed listing


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