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July, 24, 2016

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Business > Asia
As governments across the island prepare to raise the house tax next year, former Premier Sean Chen (陳沖) blasted the move as "unconstitutional" and suggested that the tax be annulled completely in an op-ed published in local media yesterday.
 
Land prices in Taipei posted an annual decline of 1.52 percent, the largest among all the cities and counties in Taiwan, according to the latest urban land price index issued on Friday, July 15 by the Ministry of the Interior (MOI).
 
Taiwan is expected to report a year-on-year decline in export orders for June despite signs of that orders placed to Taiwanese electronics makers have started to pick up again, the Ministry of Economic Affairs (MOEA) said Saturday.
 
Taiwan was the 10th largest steel supplier to the United States in 2015, accounting for about 4 percent of total U.S steel imports, according to the Ministry of Economic Affairs (MOEA).
 
In for the competition in Asia region, SCSB opens a branch in Singapore
In accordance with the "New Southbound Policy" of the government and the trend to cultivate the Asian market, the Shanghai Commercial & Savings Bank (SCSB) has been successfully expanding its business in the Asia Pacific, according to an SCSB press release.
 
China's economy expanded more than expected in the second quarter of the year, data showed Friday, fueling hopes growth may be stabilizing, but analysts warned private investment still needed to pick up.
 
A survey shows that nearly 40 percent of employees don't believe any of the Ministry of Labor's (MOL, 勞動部) new workday regulations can be fully realized, expecting companies to violate the law or find loopholes instead.
 
A plot of land in an upscale commercial district of Kaohsiung is seen in this photo provided by the southern port city's government. The Kaohsiung government is looking for investors to develop the plot near the Tucidi Station of the city's .........
 
At the "Taiwan-ASEAN Strategic Investment Partnership Forum" , six representatives from Southeast Asian countries pointed out the challenges that Taiwanese businessmen may confront when investing in the region.
 
Budget carrier Tigerair Taiwan, a joint venture between Taiwan's China Airlines (CAL) and Singapore's Tiger Airways, Thursday inaugurated its flight to Okayama, a major transit hub in west Japan.
 
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