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October, 1, 2016

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Business > Asia > Taiwan
Tax amendments to make Uber pay its fair share: ministry
The Ministry of Finance (財政部) said Wednesday it would propose Business Tax Act draft amendments in September to close loopholes that have allegedly enabled ride-hailing giant Uber to dodge taxes.
 
Looking south
Raymond Chen (陳英顯), executive director of Taiwan External Trade Development Council's (TAITRA, 外貿協會) strategic marketing department, speaks in Taipei about the organization's promotional outreach in the Philippines, Tuesday, Aug. 9.
 
Taiwan Future Exchange (TAIFEX, 期交所) and six commercial banks Monday announced they will donate a combined sum of NT$26 million to local food banks, which would benefit an estimated 15,000 underprivileged households.
 
The Ministry of Finance (MOF) on Sunday forecast positive growth for July exports, which could mark the end of the longest-ever consecutive decline in the nation's exports, surpassing that of the global financial crisis in 2008.
 
Passengers from China accounted for nearly 40 percent of the foreign visitors to Taiwan in the first half of the year, although the total number represented a double-digit drop of more than 10 percent in May and June.
 
Economy in June on track for 'slow recovery'
The National Development Council (NDC, 國發會) said its economic monitoring indicator flashed the "yellow-blue" signal in June for the third month in a row, indicating that the economy was on track for a "slow recovery."
 
The SEMICON Taiwan 2016, the grand annual event of the local semiconductor industry, will run Sept. 7-9 at Hall 1 and Hall 4 of the Taipei Nangang Exhibition Center, with 700 international and Taiwanese exhibitors to display their latest products and...............
 
One of the best
This file photo shows the Eslite Spectrum shopping mall at Taipei's Songshan Cultural Park. It has made it to CNN's list of the world's 14 best department stores although Eslite Spectrum is not a typical department store. The Eslite chain is known for its book-selling business.
 
Long overdue
This photo from the Kaohsiung health authorities shows a police officer inspecting frozen prawns confiscated during a crackdown on vendors selling expired seafood products in the southern port city, .......
 
Futures tracking the Taiwan Stock Exchange Capitalization Weighted Stock Exchange Index (TAIEX) have been listed on the Osaka Exchange at a time when Taiwan and Japan have expanded their efforts in equity market exchanges.
 
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