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May 25, 2017

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MOST READ
1
Ruling puts Taiwan on verge of being first in Asia to have same-sex marriage
2
Imported goods over NT$2,000 to be levied with customs duty
3
Tom Cruise arrives in Taiwan for fourth visit
4
Water stoppage in parts of New Taipei this Saturday
5
After nearly 70 years, Delta makes final flight from Taiwan
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Business > Asia
Premier unveils eight-year infrastructure plan
Premier Lin Chuan unveiled the Cabinet's eight-year "Forward-looking Infrastructure Construction Project" Thursday, which aims to pump NT$882.49 billion dollars into railway extensions, water works, green technology and other areas.
 
Led by cutbacks in China and India, construction of new coal-fired power plants is falling worldwide, improving chances climate goals can be met despite earlier pessimism, three environmental groups said Wednesday.
 
China on Tuesday asked the World Trade Organization to create an expert panel to examine the so-called "surrogate country" approach used by the European Union to calculate anti-dumping measures applied to Chinese exports.
 
Japan logged its biggest monthly trade surplus since 2010 in February, as exports to China surged by 28 percent from a year earlier.
 
Taiwan shares end higher, edging in on 10,000 point mark
Shares in Taiwan closed higher but remained just short of the 10,000 point mark on Tuesday after Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the most heavily weighted local stock, led an upturn throughout the session, dealers said.
 
Mixed picture for unemployment in February
Taiwan's jobless rate in February edged slightly higher in February on a nominal basis but was relatively flat after being adjusted for seasonal factors, the Directorate General of Budget, Accounting and Statistics (DGBAS) reported on Wednesday.
 
70% see no increase in overtime pay: survey
Dissatisfaction is rife over new labor laws on overtime pay.
 
TAIEX tumbles in early morning trading
Taiwan's main stock index fell more than 120 points in early trading on Wednesday after markets in the U.S. ended sharply down on Tuesday.
 
Facebook, Google and other multinational companies are now paying tax in Australia based on their Australian profits instead of shifting income to low-tax countries since the government cracked down on such tax avoidance, the treasurer said Tuesday.
 
New Zealand's strong economic growth is placing strains on the environment that threaten to undermine its "clean, green" reputation, the Organisation for Economic Co-operation and Development (OECD) warned Tuesday.
 
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