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June, 30, 2016

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Taiwan > Business
The government proposed "progressive" adjustments to the Labor Standards Act Wednesday, laying down new rules for overtime pay compensation amid continuing disagreements among the government, capital and labor.
 
Cheaper homes are expected in next six months, says survey
Forty-six percent of people believe the next six months will be a prime time to make a home purchase -- nearly double the 24 percent who felt the same way just a quarter earlier, according to a Yung Ching Realty Group (永慶房屋) survey released Wednesday.
 
The Economics Ministry has said it will appeal a high court ruling, saying that China-based Taobao (淘寶網) is an illegitimate foreign investment in Taiwan.
 
Amid lingering concerns over the local economy, Taiwan's consumer confidence index (CCI) for June fell to its lowest level in two and a half years, National Central University (NCU) said.
 
The Taiwan Stock Exchange (TWSE) is planning to launch dual currency-denominated exchange traded fund (ETF) transactions in August in a bid to provide investors more securities trading options.
 
Shares in Taiwan ended higher Wednesday, driven by rebounds in markets in the United States following tumbles caused by the United Kingdom's decision to leave the European Union, dealers said.
 
The Taiwan Stock Exchange Corporation (TWSE) and Bursa Malaysia Berhad (Bursa Malaysia) signed the second Memorandum of Understanding (MOU) to undertake a joint study to explore capital market opportunities to expand various areas of potential cross-border cooperation, .........
 
A total of 10 direct charter flights will be offered from Hong Kong to Hualien in Eastern Taiwan over the summer, a Hualien tourism official said.
 
President Tsai Ing-wen witnessed the signing of an aviation treaty between the Republic of China and Paraguay, Taiwan's only diplomatic ally in South America.
 
Sun farm, brought to you by Taiwan
A sun farm built by the Taiwan-based Gintech Energy Corporation is seen in this photo, taken in Lumberton, New Jersey on Wednesday, June 28. All solar panels at the soon-to-be-inaugurated farm were made in Taiwan.
 
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