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.
Shares of TPK Holding Co. outperformed the broader market on Wednesday after the touch panel maker announced a day earlier that it turned a profit in the first quarter, dealers said.
HTC Corp. on Wednesday denied a report that the Taiwanese smartphone maker is considering buying rival Nokia Oyj's factory in Chennai to give it better and faster access to the Indian market.
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.