Saturday, December 14, 2013
Taiwan-based Pegatron Corp., which has been accused of fostering a harsh working environment at its Shanghai complex, said yesterday that working conditions at the facility were as good as in Taiwan's Hsinchu Science Park.
Land developers and real estate agents yesterday warned that real estate prices throughout the country may go up further next year after a steep increase in land value on the first day of 2014, when sellers are expected to unload their tax burdens on buyers by raising prices.
Shares in Taiwan staged a technical rebound Friday but turnover remained thin, making it hard for the index to overcome stiff technical resistance ahead of 8,400 points, dealers said.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.029 to close at NT$29.689 on thin turnover as many traders stayed on the sidelines, dealers said.
India's industrial output shrank by a surprise 1.8 percent in October and retail inflation accelerated to a nine-month high, data showed Thursday, dealing a double blow to recovery hopes for Asia's third-largest economy.
Friday, December 13, 2013
Japan's Cabinet approved billions of dollars of stimulus spending in a supplementary budget meant to perk up a faltering economic recovery and cushion the impact of a sales tax hike next April.
The operator of the first Taiwanese online shopping service to accept Bitcoin said Thursday that it will implement strict risk-control measures for the virtual currency.
A pre-show press conference was held yesterday to provide a preview of two lighting and LED trade shows slated to take place next year.
Taipei 101 has replaced the Shin Kong Life Tower (新光摩天大樓) as Taipei City's most expensive property, ending the latter's 15-year reign, according to the update issued yesterday by the Department of Land, Taipei City Government (台北市政府地政局).
Taiwan will see a 1.72-percent GDP growth in 2013, and 3.03-percent growth in 2014, according to the latest forecast made by the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) yesterday.