construction

Singapore third most expensive city in Asia for construction

SINGAPORE (March 6): Singapore is revealed as the third most expensive city in Asia for construction, following Hong Kong and Macau, according to the International Construction Costs Index published on Monday by built assets design and consultancy firm Ar

Results

Yongnam’s FY16 losses widen nearly 10 times to $31.6 mil on higher overheads

SINGAPORE (Feb 28): Yongnam Holdings reported FY16 losses widened to $31.6 million from losses of $3.3 million a year ago on lower margins.

In print this week

A closer look at Spindex’s buyout battle

SINGAPORE (Feb 24): There has been a spate of buying at Spindex Industries by an individual who emerged as a substantial shareholder in the company, immediately after Spindex’s management announced its buyout plan.

What Budget 2017 addressed, and what it didn’t, according to Maybank

SINGAPORE (Feb 22): Maybank Kim Eng maintains its 2017 gross domestic product (GDP) estimates at 2.5% following the release of the Singapore Budget 2017 on Monday , noting that this year’s Budget is “more conservative than expected”.

Broker's Calls

Why Pan United’s outlook has yet to be cemented

SINGAPORE (Feb 14): DBS Vickers Securities is keeping its “hold” call on Pan United, Singapore’s largest cement and ready-mixed concrete (RMC) supplier, with a target price of 63 cents.

Results

Keong Hong Holdings posts 20.9% decline in 1Q earnings to $3.8 mil

SINGAPORE (Feb 13): Keong Hong Holdings has declared 1Q17 earnings of $3.8 million for the three months ended Dec 31, down 20.9% from $4.8 million a year ago on lower revenue.
Construction (Bloomberg)

Global Markets

Get ready for the Southeast Asian infrastructure boom

MANILA/SINGAPORE/KUALA LUMPUR (Jan 20): Manila’s Metro Pacific Investments Corp., Indonesia’s PT Krakatau Steel and Airports of Thailand Pcl are among the top investor picks as Southeast Asian governments embark on programs to boost roads, rail, ports

In print this week

This company paid dividends even when it was in the red, thanks to strong cashflows

SINGAPORE (Jan 13): Big companies with resilient earnings are usually relied upon to pay consistent dividends. But that consistency tends to drive up their share price and drive down their dividend yields.

Investing strategies

Here’s how you can invest in Asean for 2017

SINGAPORE (Jan 9): The Asean countries posted mixed performances in 2016, as Thailand and Indonesia outperformed the MSCI All Country Asia ex Japan Index by 16.8% and 12.1% respectively.

Changi Airport Group achieves TOP for Terminal 4; to prepare for opening in 2H17

SINGAPORE (Dec 16): Changi Airport Group (CAG) today announced the completion of construction for its new passenger terminal building, Terminal 4 (T4).  
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