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Wednesday, December 2, 2015
In an effort to promote cost efficient and convenient bus routes, Taiwan's tourism bureau recently announced the winners of a contest of Taiwan Tourist Shuttle route design.
Switch to IFRS won't come with higher taxes, says MOF
All profit-seeking enterprises in Taiwan must prepare their financial statements using the International Financial Reporting Standards (IFRS) starting Jan. 1. The Finance Ministry said the switch would not come with higher taxes.
Shares in Taiwan staged a strong rebound Tuesday as large-cap stocks attracted bargain hunters to take advantage of their latest heavy losses recorded a session earlier, dealers said.
Taiwan's purchasing managers index (PMI) for the manufacturing sector fell for the fifth consecutive month in November, with all of the main factors in the index reflecting continued economic sluggishness.
A move by the International Monetary Fund to include mainland China's yuan into the IMF's reserve basket -- the Special Drawing Rights (SDRs) -- on Nov. 30 is expected to prompt central banks in the world to raise the Chinese currency in their portfolios, Standard Chartered Bank said Tuesday.
Asustek Computer Inc. (華碩), one of Taiwan's leading PC brands, said Tuesday that the company has added two new chief operating officers as part of its efforts to improve its management structure.
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.002 to close at NT$32.832, a new high in a the week, after Taiwan's central bank picked up the U.S. currency in the late trading session, helping the unit reverse its early losses, dealers said.
Tuesday, December 1, 2015
Finance Minister Chang Sheng-ford (張盛和) yesterday fended off an opposition party charge that he was promoting new tax deductions in a bid to buy votes for the ruling party in the Jan. 16 general elections.
Taiwan's semiconductor industry will experience recovery next year on the back of Internet of Things (IoT)-related development, Barclays has predicted.
President Ma Ying-jeou said Monday that Taiwan is willing to follow international regulations on carbon emissions reduction, even though it is not a party to the United Nations Framework Convention on Climate Change (UNFCCC).
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