construction

Singapore firms' payment performance improves in Q1: SCCB

PAYMENT performance of local firms improved in Q1 2021 albeit marginally, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday.

Efforts taken to ramp up manpower supply for construction sector

THERE have been about 1,100 notifications for relief for construction and supply contracts as of March 19 of which about 180, or about 10 per cent, eventually applied for assessor's determination...

Minimum energy performance requirements to be raised for new, some existing buildings

AS Singapore enhances sustainability standards for green buildings under the refreshed Singapore Green Building Masterplan, the minimum energy performance requirements for new buildings and existing...

New Growth and Transformation Scheme to support alliances of firms across the built environment sector

THE government will enhance support to drive transformation in the built environment sector through a scheme which will support alliances across the value chain, said Minister of National...

OKP back in black with S$3.3m FY2020 earnings, lifted by government support

CONSTRUCTION player OKP Holdings posted earnings of S$3.3 million for FY2020 ended December, reversing a year-ago S$378,000 net loss, it disclosed on Monday after trading hours. This was due to...

Propped up by government support last year, construction sector could see more exits in 2021

AS government relief measures taper off, more exits can be expected in Singapore's construction sector - a sector that was hit hard by the Covid-19 pandemic but where the worst of the impact may...

High steel prices could hit construction industry

ON its own, the global steel price rally in recent months may not have much impact on the profit margins of those in the built environment sector. But it is another significant headwind that they...

Kori aims to stay steely in face of rising material cost, labour strain

LABOUR crunches and spiking steel prices are among the challenges facing specialist builder Kori Holdings this year.

Built environment sector anticipating greater digitalisation and collaboration

TO ENABLE the built environment sector to transform as a whole, not only does digitalisation need to take place, but changes in the way that players collaborate and how contracts are tendered...

Property SMEs can get instant collateral-free loans under proptech, Validus tie-up

SMALL and medium enterprises (SMEs) in Singapore's real estate and construction industries will be able to obtain upfront, collateral-free financing, under a new offering named Really eZFunds.

2021 construction demand forecast to recover

TOTAL construction demand is projected to recover to between S$23 billion and S$28 billion this year, but industry players are mixed on whether they have the capacity to cope with the rising...