Saturday, January 31, 2015
Taiwan's economy grew 3.51 percent last year, slightly above the government's earlier forecast of 3.43 percent, according to an advance estimate released by the Directorate General of Budget, Accounting and Statistics (DGBAS) Friday.
The newest tax reforms consolidating housing and property taxes, which are to be put into effect next year, are not in accordance with fair business practices and “open a door” for additional speculation on the housing market, according to former Taipei City Deputy Mayor and National Chengchi University (NCCU) professor Chang Chin-oh (張金鶚), who indicated that financial authorities have failed to adopt a progressive tax policy.
Seniors aged 55 and older in Taiwan are quickly bridging the digital divide — at least when it comes to mobile Internet use — according to a survey released yesterday by the Taiwan Network Information Center (TWNIC, 團法人台灣網路資訊中心).
Taiwanese credit-card spending in 2014 has reached the total sum of NT$2.06 trillion, marking the first time the number has broken the NT$2 trillion mark, according to statistics released by the Financial Supervisory Commission (FSC, 金管會).
Shares in Taiwan fell below 9,400 points Friday as the bellwether electronics sector, led by flat panel heavyweights, trended lower, hurting investor sentiment, dealers said.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.043 to close at NT$31.555 as intervention by Taiwan's central bank offset the impact of rising demand for the local currency ahead of the end of the month, dealers said.
Shares of AU Optronics Corp. (AUO, 友達), one of Taiwan's leading flat panel suppliers, came under heavy pressure Friday morning after it reported the previous day a higher than expected tax payment in the fourth quarter of last year.
Friday, January 30, 2015
Once the Trans-Pacific Partnership (TPP) goes live, Taiwan has to join immediately afterward or it may be excluded from the trade bloc for another three to five years, said Minister of Economic Affairs John Deng (鄧振中) yesterday.
Taiwanese computer maker Acer Inc. (宏碁) said Tuesday it now counts Japan as its 54th market worldwide for selling its smartphones by teaming up with Japanese major bookseller BOOKOFF Corp.
Taiwanese companies will not be able to easily satisfy their human resources needs given the slow wage increases in the country, according to the results of a survey released Thursday by the European Chamber of Commerce Taiwan (ECCT).