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Sunday, December 14, 2014
The Economics Ministry yesterday trashed reports that claimed differences within Taiwan's delegation had undermined its efforts at the just-concluded negotiations on expanding the Information Technology Agreement (ITA) between World Trade Organization (WTO) members.
Wintek Corp. (勝華科技), a financially struggling touch panel supplier in Taiwan, has announced that it will lay off all of its more than 2,300 employees in the country in stages.
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The local solar energy sector is watching closely for a final ruling to be issued by the U.S. Department of Commerce (DOC) next week on anti-dumping financial penalties affecting Taiwanese solar cell manufacturers before it decides how to tackle the issue.
The Taiwan capitalization weighted stock index (TAIEX), the benchmark index on the local main board, is expected to challenge 9,800 points in 2015, according to Taipei-based SinoPac Financial Holdings Co. (永豐金控).
Saturday, December 13, 2014
Premier Mao Chi-kuo (毛治國) said Friday that the government will outline measures by the end of the year to return the excess earnings of state-run Taiwan Power Company (Taipower, 台電) to the people.
Financial Supervisory Commission (FSC, 金管會) Chairman Tseng Ming-chung (曾銘宗) said Friday that the FSC will seek consensus with the Ministry of Finance (MOF, 財政部) on an impending capital gains tax that targets major stock market players.
Chinese banks lent more in November than October, official data showed Friday, after the country's central bank cut interest rates in a surprise move late November.
The majority of Taiwanese white-collar workers expect a more generous year-end bonus in the face of increased annual profits, according to a recent online survey. Companies predict that average bonuses will be upwards of 1.38 months' salary, approximately a NT$2,200 increase from last year, the survey also indicated.
The Samsung Campus APP Star program initiated by Samsung Taiwan recently announced award-winning apps mainly developed by publicly funded university students, which include speed warnings for scooters, personalized e-closets, charity maps and an endangered species awareness campaign.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.064 to close at the day's high of NT$31.326, as positive retail data for November in the United States helped boost the greenback, dealers said.
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