Daily Debrief: What Happened Today

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France’s Soitec still positive on semiconductor growth

THE expected high demand for components in emerging areas, such as electric vehicles, suggests that the sector will return to growth in no time, said French manufacturer Soitec’s chief executive officer Pierre Barnbae. 

Strata Titles Board stops Chuan Park’s S$890m en bloc sale

THE collective sale of Chuan Park has been met with a stop order by the Strata Titles Board (STB) on Friday (Dec 9), after a group of six minority owners did not withdraw their objections to the transaction.

Salaries across South-east Asia expected to increase in 2023: Aon study

VIETNAM is expected to take the lead in the region, with median salary increments of 7.9 per cent across all industries next year. 

Regional meeting delegates reaffirm tripartite commitments to address decent work deficits

DELEGATES from Asia, the Pacific and the Arab states on Friday (Dec 9) adopted the Singapore Statement, which outlines priorities for policies and actions at the national level, and by the International Labour Organization (ILO).

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Daily Debrief: What Happened Today

Malaysia’s unemployment down to lowest level since start of Covid-19 pandemic

THE number of unemployed people fell to 602,000, which is the lowest since the start of the Covid-19 pandemic and down slightly from 605,000 in September, according to fresh data released by DOSM on Friday (Dec 9).

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Singapore stocks rise as Asian markets close higher on Friday; STI up 0.3 per cent

THE benchmark Straits Times Index (STI) rose 0.3 per cent or 9.89 points to close at 3,245.97.