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September, 30, 2016

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Taiwan > Business
With a gloomy outlook for the real estate market, 30 percent of home sellers have expressed willingness to lower their asking prices, according to a survey conducted by home price comparison app Ubee (屋比).
 
The price of electricity will stay the same from Oct. 1 to next April, the Ministry of Economic Affairs' (MOEA, 經濟部) price screening committee decided on Tuesday.
 
A lawmaker on Thursday proposed a lifelong ban from hiring migrant workers on persons convicted of sexual assault against their foreign employees.
 
Railway workers stage overnight sit-in at station
Members of the Taiwan Railway Union (TRU) staged an overnight sit-in at Taipei Main Station Thursday, in a bid to pressure the government into improving working conditions.
 
-Major telecom service providers in Taiwan have unveiled monthly service packages for buyers of the iPhone 7, the latest smartphone models from Apple Inc., ahead of the first round of global sales scheduled to kick off Friday.
 
The incumbent chief executive officer of Taiwan-based PC brand Acer Inc. (宏碁) will take the post of company chairman next year, according to Acer founder and honorary Chairman Stan Shih (施振榮).
 
A Taiwanese company has been fined US$9,000 for dumping waste water in a Vietnamese canal, an official said Tuesday, just months after another firm from the island was blamed for mass fish deaths in the country.
 
HTC working with Japanese game supplier to promote Vive in Tokyo
Taiwan-based smartphone brand HTC Corp. (宏達電) is working with Japanese game software supplier Bandai Namco Entertainment Inc. to promote its first virtual reality headset -- the HTC Vive -- in Tokyo.
 
CAL row continues
Flight attendants from China Airlines (CAL) rally outside Taoyuan City Hall Wednesday, Sept. 14, accusing the municipal government of helping their company to deny them their rights.
 
Shares in Taiwan closed lower Wednesday as investors were concerned that a possible interest rate hike by the U.S. Federal Reserve will impact markets in Europe and the U.S., dealers said.
 
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