construction sector
Construction sector to grow 12% in 2024, outpacing GDP growth four times
Construction sector to grow 12% in 2024, outpacing GDP growth four times
GDP for 2024 is expected to grow by 2% to 3%.
Singapore construction firms seen stepping up tech adoption: report
Many are prioritising AI deployment.
49,000 construction jobs created in 2023: report
Engineers were the most in-demand in the industry this year.
Workplace fatality rate declines in 1H23
Construction and manufacturing sectors are the biggest contributors to fatal and major injuries.
Competing construction firms unite to meet industry’s towering demand
Construction industry expected to grow by 2.1% to $36b in 2023.
Pan-United offers on-demand environmental product declaration
It is the first concrete company to provide EPDs in Asia.
Construction sector to remain below pre-pandemic levels amidst labour shortage
The government’s worker retention scheme partially reduced project delays and labour costs.
Singapore leads APAC in sustainable construction and manufacturing
SG is the only APAC country to achieve two UN sustainability goals.
Singapore ranks 6th best country globally for construction workers
The safest country for them is Poland.
Lendlease partners with Stora Enso for sustainable construction materials
A new studio for sustainable timber products will be built in Milan, Italy.
Gov’t rolls out digital plan to help construction, maintenance industries
More than 500 businesses and 30,000 employees can expect benefits from this programme.
Singapore ranks 4th most expensive market to build in Asia
Lion City’s construction market continues to face significant manpower shortages and supply chain constraints.
Hong Leong Asia’s earnings to grow 52% this year
The building materials segment sets the foundation for the firm’s recovery.
SG extends relief measures for property sector
The 6-month extension was imposed after the tightening of measures in April and May.
Transportation, construction sectors outlook remains bleak for Q3: study
The financial sector is the most optimistic for the third quarter.
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