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Wednesday, October 1, 2014
Housing activists lambast real estate companies
Activists held a press conference yesterday lashing out against real estate companies for reaping huge profits while paying low taxes, all the while blocking real estate tax reform.
Hon Hai Precision Industry (鴻海精密工業) is reportedly conducting a massive staff recruitment effort at its plants in Shenzhen and Zhengzhou for iPhone 6 production, according to local news reports.
Amid the greatest crisis in the company's history, touch display panel maker Wintek Co. (勝華) yesterday announced a number of contingency plans aimed at streamlining its operations.
The New Taiwan dollar in September recorded its sharpest monthly decline to NT$30.32 against the greenback due to foreign funds outflow caused by U.S. rate hike pressure and the slowing growth of the mainland economy.
Taiwan's stock market remains unaffected by Hong Kong unrest
Despite the pro-democracy protest in Hong Kong, shares in Taipei on Tuesday closed up 6.16 points or 0.06 percent at 8,966.92 points on the back of the rebound of bellwether stocks.
Eyeing the business prospects of Africa-bound sea trade, Evergreen Marine Corp. (長榮海運) from today will deploy two of its 4,200 20-foot equivalent unit (TEU) ships into service on the route.
Japan's factory output saw a surprise drop and household spending kept falling in August, data showed Tuesday, fanning fears about the impact of April's sales tax rise on the economy.
Tuesday, September 30, 2014
BES Construction Co. (BES, 中華工程) yesterday railed against what it perceived as an unreasonable list of 10 additional stipulations tacked on by the Taipei City Government as the company finalizes contract terms to build the “Taipei Twin Towers” (雙子星) project.
BES protests 'Taipei Twin Towers' stipulations
Consumer confidence in Taiwan was almost flat in September, after hitting a low in August and having reached record highs in June and July, according to a survey released Monday.
Significantly fewer businesses in Taiwan are planning to hire new staff in the fourth quarter of this year, due mainly to planned minimum wage hikes and the latest food scare, an online job broker said Monday.
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