Optimistic outlook for Singapore’s construction sector; full recovery to take at least a year: Industry players

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The construction sector has struggled to meet demands and deadlines, but firms are now slowly catching up.

SINGAPORE: Optimism is building up in Singapore's construction industry, as it overcomes cost and labour issues brought about by recent global events such as the COVID-19 pandemic and the ongoing war in Ukraine.

The price of aluminium has also risen as much as 70 per cent, but has since fallen back to just over 30 per cent from the original price.The Ukraine war has driven up the prices of metal. “During the pandemic, especially during the circuit breaker, a lot of the workers grew a bit tired of the restrictions that were placed on them, no matter how necessary they were at the time,” said Mr Tee.“That's human nature. A lot of them grew emotionally tired went back either to rest for a long period of time, say five years, or permanently.", which requires time and resources.

Authorities have reported that construction output here this year has recovered close to pre-pandemic levels, signalling that construction activities are progressing at a steady pace.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

China removes former industry minister Xiao Yaqing from post for briberyBEIJING : China's former industry minister Xiao Yaqing was expelled from the Communist Party for bribery and relieved of his government duties, China's anti-graft watchdog said on Monday (Dec 19). Xiao, 62, will be demoted to a lower-level position and arrangements will be made for his retirement, The Cent 所有民企有沒有共產黨員加盟?必須全面退股!不然就被美國打壓了。
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

China removes former industry minister Xiao Yaqing from post for briberyHe was put under investigation for suspected violations of discipline and law in July. Read more at straitstimes.com.
출처: STForeignDesk - 🏆 4. / 71 더 많은 것을 읽으십시오 »

Rich Chinese step up hunt for foreign investment bets to mitigate risks at homeHONG KONG : Wealthy Chinese individuals are paring holdings of local securities and are increasingly looking at assets in the United States and elsewhere overseas - a trend that is set to gather pace in 2023, fund managers and industry sources said.Hit hard by losses this year, rich Chinese have become mo Seems important👀 There goes Xi’s common prosperity drive.
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Rich Chinese step up hunt for foreign investment bets to mitigate risks at homeHONG KONG - Wealthy Chinese individuals are paring holdings of local securities and are increasingly looking at assets in the United States and elsewhere overseas - a trend that is set to gather pace in 2023, fund managers and industry sources said. Hit hard by losses this year, rich Chinese have become more concerned by the uncertain outlook for a...
출처: asiaonecom - 🏆 10. / 59 더 많은 것을 읽으십시오 »