Wednesday, September 3, 2014
Shares in Taiwan took a dive Tuesday after the rally seen a session earlier as Taiwanese suppliers to Apple Inc. came under pressure, dragging down the bellwether electronics sector, dealers said.
On course to enjoy the largest growth in regional semiconductor manufacturing equipment and materials capital expenditures for 2014-15, Taiwan will bring this investment energy into focus on Sept. 3-5 at SEMICON Taiwan 2014.
The government may model South Korea's real estate tax system to grant more tax deductibles to middle- and low-income families, while having the rich pay more taxes.
A survey by the Ministry of Labor (MOL) published yesterday showed that demand for manpower across businesses in the fourth quarter is expected to hit a three-year high, indicating that Taiwan's employers are more willing to take on new hires amid more encouraging economic recovery.
Tuesday, September 2, 2014
Budget carrier Tigerair Taiwan (台灣虎航), a joint venture between Taiwan's China Airlines and Singapore's Tiger Airways, said Monday that it expects to obtain approval to launch flights within two weeks, moving closer to becoming Taiwan's first domestic low-cost carrier.
The local integrated circuit sector moved higher Monday on expectations that the upcoming annual SEMICON Taiwan exhibition (國際半導體展) will come up with positive leads to help IC stocks spark more buying interest, dealers said.
Tablet computers, a product category that first emerged in 2010, will see an annual decline in global shipments this year for the first time as their novelty seems to have worn off and prices have bottomed out, according to a local research firm.
In response to growing competition by rival carriers such as Taiwan Star Cellular Co.'s (台灣之星) NT$599 monthly unlimited 4G usage contracts, Chunghwa Telecom (CHT, 中華電) yesterday began offering a number of lower-priced 4G mobile subscription plans.
The Central Bank launched an offshore yuan Taiwan Interbank Offer Rate benchmark (CNT Taibor) on Monday, with US$1 against 6.1473 yuan, in line with the price in Hong Kong.
Shares in Taiwan staged a rebound Monday to close above the 9,500-point mark as investors took cues from a fresh record high posted by the S&P 500 index at the end of last week to buy local stocks, dealers said.