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


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

Acromec secures $2.9 million contract in healthcare sector

SINGAPORE (July 13): Acromec has secured a contract valued at $2.9 million for the outfitting of a private day-surgery centre.


Citic Envirotech's 1Q earnings more than double to $39.3 mil on higher revenue

SINGAPORE (Apr 26): Citic Envirotech (CEL) reported earnings of $39.3 million for the 1Q ended March 2018, more than doubling from its restated earnings of $16.4 million a year ago on higher revenu

Civmec employee dies in accident at Western Australia waste treatment plant

SINGAPORE (Apr 20): Civmec Construction and Engineering, the heavy engineering and construction provider, says one of its workers has died onsite at the Woodman Point Wastewater Treatment Plant in


Koh Brothers wins Toho Mansion en-bloc tender for $120.4 mil

SINGAPORE (Mar 9): Koh Brothers has submitted the winning bid of $120.4 million in a tender for the en-bloc sale of Toho Mansion at 186-200 Holland Road.


Venture celebrates record FY17 earnings of $373 mil as revenue hits $4 bil

SINGAPORE (Feb 28): Venture Corporation reported record full-year earnings of $372.8 million in FY17, doubling from its profit of $180.7 million a year ago as revenue hit the $4 billion mark.


King Wan's 3Q earnings down 50% at $1.7 mil on lower share of associate profits

SINGAPORE (Feb 13): King Wan Corporation has announced earnings of $1.7 million for 3Q18, down 50% from its earnings of $3.4 million a year ago on lower share of profit of associates.  


ISOTeam to sell 34.1% stake in subsidiary to Japan's Taisei Oncho

SINGAPORE (Feb 13): ISOTeam is proposing to sell a 34.1% stake in its wholly-owned subsidiary ISO-Integrated M&A to Japan-listed Taisei Oncho (TOC) for $3 million, with the intention to subsequ