infrastructure

HONG KONG (Jan 3): Hong Kong, the world’s least affordable property market, has a plan to tackle its housing crisis: build four artificial islands equal to about a fifth the size of Manhattan that could house more than a million people.

SINGAPORE (Dec 27): Yongnam Holdings has secured contracts totalling to $73.4 million in value, including several specialist civil engineering contracts to supply steel struts and strutting components for Temporary Earth Retaining Systems used in infrastr

SINGAPORE (Sept 17): Sapphire Corporation has secured a contract valued at RMB 436 million ($87.2 million) for the engineering and construction of core infrastructure structures for an urban subway system in Hangzhou, China.

SINGAPORE (June 1): When Dr Mahathir Mohamad took on the office of prime minister of Malaysia for the second time last month, he was widely expected to review the many mega projects that his predecessor Najib Razak had agreed to.

SINGAPORE (May 30): Tower crane manufacturer Yongmao Holdings posted a loss of RMB2.3 million ($0.5 million) for the quarter ended March, compared to earnings of RMB5.7 million in 4Q17, due to higher expenses and lower margins.  

SINGAPORE (May 4): Following a prolonged period of lacklustre profitability, a large swathe of constructions stocks are currently trading below their book values while the operating backdrop for the local construction players appears to be improving.

SINGAPORE (Apr 10): Frasers Hospitality, a member of Frasers Property Group, has announced that a new hotel property under its millennial-focused brand, Capri by Fraser, is due to open by 1Q19 as part of the China Square Central (CSC) precinct.

SINGAPORE (Apr 10): CIMB is maintaining “overweight” on Singapore’s construction sector while remaining upbeat on its outlook for 2018.

SINGAPORE (Mar 20): Singapore has once again bagged the title of Asia’s highest ranked city in terms of quality of living over the past 12 months, based on findings from Mercer’s 20th edition of its Quality of Living survey.

SINGAPORE (Feb 26): Federal International (2000) reported a 68.9% decline in 4Q earnings to $1.1 million from $3.7 million a year ago on lower other income. This brings the group’s earnings for the full year to $4.2 million, down 41.7% from $7.3 million