engineering

Results

Ley Choon sinks into 4Q, FY19 losses on lower margins

SINGAPORE (May 30): Ley Choon Group reported a loss of $5.2 million for the 4Q ended March, sinking into the red from its 4Q18 profit of $0.3 million due to lower margins.  

Investing strategy

CSE Global improves earnings, maintains shale focus; no joint projects with shareholder Serba Dinamik for now

SINGAPORE (April 22): When Malaysian engineering firm Serba Dinamik Holdings became the largest shareholder in systems integrator CSE Global last year, both parties talked about how they could work

Results

Yongnam FY18 loss widens to $51 mil on revenue decline, provisions & overheads

SINGAPORE (Feb 28): Yongnam Holdings, the engineering and construction services provider, reported FY18 loss widened to $51 million from $17 million a year ago due to lower revenue across all segme

Results

AusGroup reports 87.9% fall in 2Q earnings to A$0.5 mil on reduced operating activity

SINGAPORE (Feb 13): Construction and engineering company AusGroup saw its earnings fall 87.9% y-o-y to A$0.49 million ($0.47 million) for the 2Q ended Dec 2018 as compared to earnings of A$4.8 mill

Disruption and Digitalisation

7 high-tech jobs to arrive in the near future, as envisioned by Cognizant

SINGAPORE (Oct 23): In Cognizant’s opinion, humans have never been more integral to the future of work – even as the emergence of artificial intelligence (AI) continues to change the global work en

Contracts

TEE International subsidiaries secure new engineering contracts worth $58 mil

SINGAPORE (Oct 16): TEE International’s wholly-owned subsidiaries, PBT Engineering and Trans Equatorial Engineering, have been awarded new engineering contracts worth $58 million to carry out asset

Funds

World's top activist fund sets eyes on one of Singapore's banks

SINGAPORE (Aug 28): The world’s best-performing activist fund returned 103% in seven months by targeting mainly smaller Asian companies in industries from commodities to engineering and food.

Careers & Training

NTU jointly launches Dyson's first on-campus engineering studio in Asia for aspiring technopreneurs

SINGAPORE (Aug 27): Nanyang Technological University (NTU) and Dyson have jointly launched the Dyson-NTU Studio, an engineering studio that offers a semester-long undergraduate course module to NTU

Singapore economy

MTI foresees slower 2H for Singapore's economy; maintains 2018 GDP growth forecast at 2.5-3.5%

SINGAPORE (Aug 13): The Ministry of Trade and Industry (MTI) expects Singapore’s economic pace of expansion to moderate in 2H18 against an external backdrop of a weakening global growth outlook, as

Tech

KPMG partners A*STAR to establish first joint lab in professional services sector

SINGAPORE (July 27): KPMG and the Agency for Science, Technology and Research (A*STAR) have signed a three-year master research collaboration agreement (MRCA) together, with the intention of jointl

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