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Sunday, May 10, 2015
Businesspeople yesterday expressed concern over a draft law requiring employers to consult employees when laying down profit-sharing schemes.
The transaction value of residential and commercial housing for 2014 fell more than 20 percent from a year earlier in Taiwan amid concerns over a government planned tax reform plan which is expected to raise the tax burden on property investors, according to Sinyi Realty Inc. (信義房屋).
A slight majority of Taiwanese support negotiations and exchanges with China based on the "1992 Consensus," according to an opinion poll released by the Mainland Affairs Council Saturday, amid disputes between political parties over the existence of the controversial consensus.
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip-maker, said that its sales for April reached the third-highest monthly level in the company's history, while revenue of rival United Microelectronics Corp (UMC, 聯電) also hit a new record high last month.
Saturday, May 9, 2015
The Ministry of Finance (MOF, 財政部) yesterday announced that it had successfully gained Cathay Financial Holdings Co.'s (國泰金控) 7.73 percent share in Taipei 101, thus cementing the MOF's control over the iconic skyscraper with a 52-percent stake.
Shares in Taiwan closed down Friday as the market gave up earlier gains amid concern over volatility down the road after a plunge seen a session earlier, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.038 to close at NT$30.765 as the strength of other regional currencies prompted traders to buy into the local currency and shun the greenback, dealers said.
Evergreen Marine Corp. (長榮海運), the largest container shipper in Taiwan, said Friday that it will launch a new service soon to Vietnam, Singapore and Malaysia in a bid to tap into the booming economy in the Association of Southeast Asian Nations (ASEAN).
MediaTek Inc. (聯發科), one of Taiwan's leading integrated circuit designers, said Friday that its sales for April fell to their second-lowest level so for this year in reflection of slow-season effects in the second quarter.
Strict water rationing measures in Kaohsiung will be suspended next week after days of rainfall this week, the Water Resources Agency announced Friday.
Global Vision Monthly magazine's 11th Corporate Social Responsibility Awards' "Best Company to Work For" category recently went to HSBC (Taiwan). HSBC's designation as "Best Place to Work" was based on three main topics: entertaining workplace, unlimited opportunities and ability to maximize one's talents.
The Taiwan Stock Exchange (TWSE) announced that it will be holding a series of networking events for TWSE-listed companies in Hsinchu, Taichung and Kaohsiung starting on May 6. The events aim to provide the companies with a more concrete understanding of TWSE operations, stock market dynamics, corporate management, corporate social responsibility (CSR) and other related issues.
The Taiwan Futures Exchange (TAIFEX, 臺灣期貨交易所), the Eurex Exchange, and the Futures Industry Association (FIA) Asia attended the 2015 FIA Asia talks on the issues and challenges in Taiwan's Exchange Traded Derivatives industry.
Friday, May 8, 2015
As the end of April, the central government has accumulated NT$5.3709 trillion in long-term debts, which is equivalent to NT$240,000 per person in Taiwan, according to the Ministry of Finance (財政部, MOF).
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