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July, 23, 2016

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Taiwan > Business
The number of workers forced to take unpaid leave in Taiwan in the first half of July decreased from the second half of last month, according to government statistics released Monday.
 
Medeon Biodesign, Inc.'s initial OTC common stock underwriting was executed through auction and public subscription, according to a press release from the Taiwan Stock Exchange Co. (TWSE).
 
Taiwan Life Insurance Co. has suggested that long-term care insurance may be necessary for everyone given the current aging population and low fertility rates.
 
Users of Taiwan-based HTC Corp.'s (宏達電) first virtual reality (VR) headset -- the HTC Vive -- can now experience the device's first Star Wars game, wielding a virtual lightsaber.
 
The U.S. dollar rose against the New Taiwan dollar Monday, gaining NT$0.034 to close at NT$32.024, as foreign investors moved funds out of the country after receiving handsome cash dividends from Taiwanese listed companies, dealers said.
 
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.
 
The Taiwan Stock Exchange (TWSE, 台灣證券交易所) has been gearing up to diversify its product portfolio in a bid to attract more investments and eventually boost daily turnover in the local equity market.
 
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).
 
The YongLing Healthcare Foundation, founded by chairman Terry Gou (郭台銘) of the Hon Hai Group, has incubated five new venture teams under its inaugural H. Spectrum Youth Talent Cultivation Project, and Gou will share his recipes for developing new ventures today, the Central News Agency reported.
 
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.
 
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