COVER PAGE : Singapore's Secret building Boom (Page 19 to 22)
COVER STORY : Jurong Island Revs Up (Page 19)
COVER STORY : Building frenzy likely to peak in 2008/09. (Page
-Jurong Island contracts catching up with IRs.
-Rotary a big beneficiary.
Players in the Jurong Island Expansion Boom :
-Rotary
-OKP
-PSL
-Hiap Seng
COVER STORY : Yongnam prospers after surviving the slump (Page 22)
-A rush of projects in 2H with construction contracts for the Marina and Sentosa IRs expected to be announced. Marina Bay contracts are likely to be announced in August 2007 and for the Sentosa IR to be announced end of the year 2007.
-In addition to the IRs, Yongnam is also bidding on two projects on Jurong Island woth $30 Million each. The Jurong Island award will be announced in September and October 2007. In addition, the main contract for the new $5 billion Downtown line is likely to be awarded in September 2007.
Construction and building materials costs rising on strong demand
-Construction projects such as the Marina Bay Sands and Sentosa IR project are costing more than initially expected.
-Yongnam Holdings & OKP Holdings : Supplying building materials and labour.
-Tat Hong Holdings : Supplying 30 to 40 crains for Marina Bay IR.
Singapore among world's most expensive cities for expats (Page 2)
SIA ditches Virgin (Page 3)
Will SPH consider property sales now ? (Page 3)
Singapore 2Q GDP growth surges to 8.2% (Page 4)
Indonesia may cut interest rate to below 8% (Page 4)
Singapore's retail sales increase less than expected (Page 4)
Hong Leong Asia's diesel engine business grabs US investor attention (Page 6)
MediaRing delivers profit warning (Page 8 )
RH Energy hits the market with a bang (Page 10)
Moody's checks Asian banks for subprime investments (Page 11)
Sovereign funds could face a backlash (Page 12)
Can Venture make diversification pay ? (Page 13)
A pipeline too far? (Page 14)
How Singapore is trumping Mumbai on India REITS (Page 14)
Equation heads for profitability bets on solar power (Page 16)
