Construction firm Chip Eng Seng has reported a 40 percent rise in first-quarter net profit to S$8 million. Revenue rose 33 percent to about S$60 million, boosted mainly by its construction business. Chip Eng Seng's revenue from construction projects jumped 74 percent to S$52.5 million in the first quarter. But its other two divisions, property development and property investment, faired less well with...
Construction
Two workers were injured after a glass panel fell onto them at a construction site near Upper Serangoon Road. Both workers were trapped under the glass panel inside a container at Lowland Road. One of the workers managed to scramble out of the container before officers from the Singapore Civil Defence Force (SCDF) arrived. He suffered cuts on his left wrist and was sent to a hospital. SCDF officers had...
Prime Minister Lee Hsien Loong has set a more ambitious, 10-year target of reducing deaths at the workplace to 1.8 per 100,000 workers. Singapore's aim right now is to halve the fatality rate to 2.5 by 2015 and Mr Lee said this target is "well within reach". Mr Lee was speaking at the launch of the Workplace Safety and Health Campaign 2008 on Tuesday. The stakeholders from industry and the tripartite...
A 30-year-old Malaysian worker died in an industrial accident on Pulau Ular, south of Singapore, on Saturday. The accident occurred at the Shell Eastern Petroleum's construction site for a petrochemical cracker which is part of a refinery. Police said they received a call at 11am on Saturday. On arrival, they found the body of the worker from Sarawak on the ground near a boom lift. The worker was...
Structural steel contractor and engineering solutions provider Yongnam Holdings will form a 70-30 percent joint venture with KTC Civil Engineering and Construction to work on a Marina Bay Sands project. They have secured an S$81.4 million contract for temporary decking, steel waling and excavation works at the South Podium of the Marina Bay Sands integrated resort. The South Podium area will include...
Resorts World at Sentosa has awarded its largest building contract to date, worth S$1.05 billion, to a joint venture between major Japanese contractor Kajima Overseas Asia Pte. Ltd. and local player Tiong Seng Contractors (Pte) Ltd. This brings the total building contracts awarded so far to over S$2 billion. The S$6 billion integrated resort is slated for completion in early 2010. Kajima-Tiong Seng will...
Construction and property developer KSH Holdings has secured a S$126.8 million contract to build a condominium development at Singapore's Sentosa Cove. The contract is the first of its kind to be awarded by Lippo Marina Collection for the construction of a luxury housing development at the site. This will be the group's fifth high-end luxury residential property project at Sentosa cove. The deal will bring...
The government will be calling S$8 billion worth of tenders in its financial year 2008. Of these, about S$5.8 billion will involve building and construction projects which are proceeding as planned. These include projects to improve traffic on the Central Expressway as well as the Gardens by the Bay projects which will keep the Marina Bay area development on schedule. Other projects valued at S$3 billion...
Construction of Singapore’s first Hard Rock Hotel which will be located at the upcoming Resorts World at Sentosa will begin in May. The 360-room hotel is one of six to be developed and fans and visitors will be grooving to it when the famous chain opens in 2010. Together, the hotels will provide 1,800 rooms but this might still not be enough. Elena Arabadjieva, Deputy Vice-President, Resort Marketing,...
The number of deaths at the workplace went down by 22 per cent in 2007, compared to the previous year. This is according to a report released by the Workplace Safety and Health Advisory Committee. Despite the drop, industry players caution that the boom in the construction industry may mean more workplace-related accidents. When the crane tower collapsed at the National University of Singapore last month,...