Australia-based engineering and construction company Civmec’s overall prospects are brightening, as seen from its growing order book that has crossed over A$1 billion, including A$120 million worth announced on May 25.On May 11, Civmec, which is dual-listed in Australia, reported 3QFY2022 ended Ma...

Dual-listed construction and engineering services provider Civmec Limited has recently secured circa A$120 million ($116.82 million) of new contracts across multiple operating sectors.These include a car dumper replacement, a subsea project and maintenance contracts, announced the company on May 25....

AUSTRALIA’S strong economic outlook as well as opportunities in new economy sectors present significant potential upside to Civmec’s share price going forward, according to DBS Group Research.

Global issues like the Russsia-Ukrainian War and supply chain disruptions continue to affect markets around the world. RHB Group Investment Bank CEO Ganesh Sabaratnam observes that central banks today are treading a fine line between attempting to cap inflation without impacting economic growth — ...

The Singapore research team at UOB Kay Hian has added AEM, Keppel Corporation (Keppel Corp) and Singapore Post (SingPost) to its alpha picks portfolio for the month of May.“We add AEM due to it being a beneficiary of Intel’s aggressive capex plans while Keppel’s inclusion stems from the large ...

CONSTRUCTION and engineering group Civmec can likely ride on its strong orderbook as well as rising investments in the resources and energy sectors to post a positive growth outlook, Maybank said.

A Bachelor of Science graduate from the National University of Singapore, Song has spent almost two decades of his career in the information technology sector.He has held senior management roles in various tech companies, including vice president, Asia Pacific, of Nasdaq-listed Palo Alto Networks, a...

Almost every sector in the Straits Times Index (STI) enjoys a tailwind,” he says.First, bank earnings are set to enjoy a huge lift upon entering an interest rate cycle, as a 100 basis point rise in rates can increase earnings by around 18%. “We believe the three domestic banks have excess deposi...

Sembcorp Marine (SembMarine), on March 23, announced that it has secured a contract for the construction of a wind turbine installation vessel (WTIV). The vessel is based on SembMarine’s in-house design in collaboration with its customer.The contract was signed by SembMarine’s wholly-owned subsi...

A Civmec-led consortium, Civmec SWC WSP Alliance, has been selected as the preferred proponent for the design and construction of The Causeway Pedestrian and Cyclist Bridge in the Perth metropolitan area. The project comprises two cable-stayed bridges and approach embankments, connecting Victoria Pa...