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Saturday, August 30, 2014
Tax revenues in the first seven months reached a new high of NT$1.19 trillion, with securities trading tax revenues surging 34.3 percent to hit a three-year high of NT$54.1 billion.
Transfers of non-investment life insurance policies sold in Taiwan became effective Friday in a bid to meet a wide range of different fund needs of insurance policyholders, according the Financial Supervisory Commission (FSC,金融監督管理委員會).
Shares in Taiwan closed lower Friday, extending losses from a session earlier in the wake of losses posted on Wall Street overnight amid renewed geopolitical concerns related to Ukraine, dealers said.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.005 to close at the day's high of NT$29.970 as the greenback recouped its earlier losses on the back of local central bank intervention, dealers said.
Jih Sun International Commercial Bank (日盛國際商銀), the banking arm of Taiwan-based Jih Sun Financial Holding Co. (日盛金控), opened a representative office in Hong Kong Friday, establishing its first overseas foothold.
Friday, August 29, 2014
Taiwan -- Kai Ko released from custody after drug bust
Taiwanese actor Kai Ko (柯震東) was released at midnight today from custody in Beijing.
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The Taipei District Prosecutors Office (TDPO) yesterday summoned former Mainland Affairs Council (MAC) Deputy Minister Chang Hsien-yao (張顯耀) and three other witnesses for questioning regarding Chang's alleged information leak.
Taiwan -- Tour guides demonstrate for working rights
About 600 local tour guides and supporters demonstrated in front of the Ministry of Transportation and Communications (MOTC) yesterday, saying that their working rights have been compromised by the opening of the tourism market to mainland Chinese individual travelers.
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Democratic Progressive Party (DPP) legislators in Kaohsiung yesterday held a coordination committee, appealing for the central government to offer subsidies to revive the local tourism industry, which suffered a heavy loss of more than NT$500 million after the multiple gas explosions on Aug. 1.
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Premier Jiang Yi-huah (江宜樺) yesterday urged the Ministry of Transportation and Communications (MOTC) to reinforce the supervision of each transportation organization to prepare for the upcoming Mid-Autumn Festival as heavy traffic is expected during the three-day holiday.
  
  
  
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