engineering

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 engineering students.  

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 well as increased uncertainties and risks in the global

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 jointly establishing a data-science powered laboratory in the

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.

Results

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 revenue.

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 Munster, a suburb in Perth, Western Australia.

Careers & Training

JPMorgan looks beyond finance to hire tech, math grads in Asia

(Mar 28): JPMorgan Chase & Co. is hiring more engineering, neuroscience and psychology graduates across Asia-Pacific, diversifying away from students with finance backgrounds as it seeks to adapt its workforce to the region’s fast-changing economies.

Property

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.

Results

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.
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