Thursday, April 24, 2014
A legislative committee yesterday approved an amendment to increase maximum housing taxes from 2 percent to 3.6 percent.
Housing taxes could be subject to new rates by May of next year if an amendment aimed at pulling down extreme housing prices clears the Legislature, Finance Minister Chang Sheng-ford said Wednesday.
The return on investment for Taiwan's commercial real estate market has been low in the past two years, and many investors have switched their investment targets to New York, London and Tokyo, among others, according to a real estate consultancy.
Asia's largest computer show will focus this year on smart living technologies and applications, from 3D printers to wearable devices, according to one of the organizers of Computex Taipei.
New private investments in Taiwan over the first three months of this year slightly lagged behind a target set by the government, a reflection of a slowdown in retail, wholesale and logistics investments, statistics compiled by the Ministry of Economic Affairs (MOEA) showed.
Sales generated by the world's flat panel sector in March rose 18 percent from a month earlier, according to a survey released on Wednesday by market advisory firm DisplaySearch.
Aiming at the mid-range smartphone market in Taiwan, HTC Corp. (宏達電) on Wednesday announced launch dates for two new flagship Desire phones — the 4G-compatible HTC Desire 816 and 610.
Thanks to developed nations' economic recoveries, the local manufacturing sector is expected to grow 3.1 percent this year, up 0.89 percentage points from last year, the government-sponsored Industrial Technology Research Institute (ITRI, 工業技術研究院) said yesterday.
Preferring Inotera Memories Inc. (華亞科技) to Nanya Technology Corp. (南亞科技), two foreign brokerages on Wednesday respectively raised target prices for Inotera to NT$36 and NT$41.
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.023 to close at the day's high of NT$30.326 after moving in a narrow range ahead of the release of manufacturing activity data in the United States, dealers said.