Lin says no capital gains tax for a while
CONTROVERSIAL IDEA:
The finance minister said his ministry has no timetable for introducing such a tax, the mere suggestion of which toppled two predecessors
By Joyce Huang One of the government's long-term goals is to introduce a capital-gains tax on stocks but it has not decided on a timetable for doing so, Minister of Finance Lin Chuan (林全) said yesterday.
[ FULL STORY ]
S&P predicting lower earnings growth in 2005
FORECAST:
The ratings service cited rising oil prices and interest rates, plus Beijing's efforts to rein in its economy, as factors affecting business
By Jackie Lin The business sector is likely to maintain a high rate of earnings growth in the second half of this year, but that robust momentum may cool next year as the nation's economic recovery is expected to slow down, the Standard & Poor's Ratings Services (S&P) said yesterday.
[ FULL STORY ]
Aging population seen as boon to home-care sector
GROWING CLIENT BASE:
People aged 65 years or older will make up 19.7 percent of the population in 2031 and they are going to be demanding new products
By Amber Chung The home care industry, along with related products and services for the elderly, is an industry full of potential because the nation has become an aging society, analysts said yesterday at a forum in Taipei.
[ FULL STORY ]
TAIEX slump its longest in 18 months
The TAIEX index fell for a seventh day, its longest losing streak since December 2002, while the New Taiwan dollar also had its lowest close since January on concern higher crude oil prices will hamper the country's economic growth.
[ FULL STORY ]
Chip-supply crunch helps ProMOS boost Q2 profits
By Lisa Wang ProMOS Technologies Inc (茂德 科技), the nation's third-largest computer-memory chipmaker, said yesterday that second-quarter profits more than doubled as chip prices shot up on a supply crunch at the beginning of the quarter.
[ FULL STORY ]
101's leasing agent weighs in on market
With the finishing touches being put on Taipei 101, the local market for office space is about to experience some major changes. Anthony Couse of Jones Lang LaSalle Ltd, Asia -- the leasing agent for Taipei 101 -- recently shared with the `Taipei Times' staff reporter Jessie Ho his views on trends in the local and Asia-Pacific property markets
Taipei Times: What is Taipei 101's pre-leased rate at this point?
[ FULL STORY ]
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