Kori aims to stay steely in face of rising material cost, labour strain

The Catalist-listed specialist builder is engaging in R&D efforts to improve long-term productivity.

Sharanya Pillai

Published Mon, Feb 22, 2021 · 05:50 AM

Construction

Singapore

LABOUR crunches and spiking steel prices are among the challenges facing specialist builder Kori Holdings this year.

But its chief executive Hooi Yu Koh believes that the 39-year-old company can power through with a fresh crop of contracts. Rather than diversify, as some of his peers have done, he is betting on R&D efforts to improve productivity.

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Companies & Markets

Companies & Markets

Kori aims to stay steely in face of rising material cost, labour strain

Sharanya Pillai

KEYWORDS IN THIS ARTICLE

Companies & Markets

Macquarie sees biggest profit dip in 15 years on commodities downturn

HSBC appoints ex-Citi banker as new Singapore head of global banking

H2G Green chief to stand trial on Aug 5 amid MOM probe

Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct

Microsoft adds security chiefs to product groups in wake of hacking woes

Singapore shares climb at Friday’s open; STI up 0.2%

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