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Building and Construction Authority (BCA)
Construction
Construction demand to rise to $38 billion in 2024: BCA
The full-year preliminary figure of $33.8 billion exceeded BCA's projection of $27 billion to $32 billion in January 2023
January 15, 2024
Sustainability
New 'carbon calculator' helps building and construction sector account for embodied carbon
The calculator accounts for the upfront carbon of materials used and factors reflect the footprint in a local context, says JTC.
June 26, 2023
Environmental, Social and Governance
With products in 40% of commercial buildings here, Johnson Controls cuts emissions through greening
Buildings contribute 20% of carbon emissions here. The government aims to green 80% of Singapore’s buildings by 2030.
January 06, 2022
Results
BRC Asia sees 1H21 earnings fall 15% to $19.2 mil due to provisions for onerous contracts
The group has declared an interim dividend of 4 cents per share for the 1HFY2021.
May 05, 2021
Green loans
CDL-led consortium secures $1.22 bil green loan from five banks
The loan is provided by DBS, UOB, Maybank, SMBC and OCBC.
April 13, 2021
Broker's Calls
PhillipCapital initiates 'buy' on BRC Asia, projects record profit for FY2021 and FY2022
PhillipCapital has started coverage on BRC Asia with a “buy” rating and a target price of $1.87
February 22, 2021
Broker's Calls
UOBKH maintains 'buy' call on BRC Asia with higher TP on recovery in 1Q21 net profit
UOBKH has also upped its earnings forecasts for the FY2021-FY2023 by 9-11% due to stronger demand for construction activities.
February 10, 2021
Sustainability
Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building
The certification makes it the first commercial building in Singapore to achieve this accolade.
December 09, 2020
Construction
Resumption of activity brings glimmer of hope to construction sector
Economists say the resumption of construction activity, saying that the “baby steps” will help drive growth in the sector.
September 04, 2020
Stocks To Watch
BRC Asia: Higher public construction demand to boost steel reinforcement solutions provider
SINGAPORE (Jan 17): When The Edge Singapore covered BRC Asia in October last year, the steel reinforcement solutions provider traded at $1.36 or 9.2 times earnings. Since then, the stock has climbed rapidly. On Jan 15, the stock closed up at $1.67 or 12
January 17, 2020