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    Businesses welcome tax cut scheme

    INCENTIVES: Business groups were unanimous in saying the government should cut the business tax from the current 25 percent to between 17 percent and 18 percent
    By Judy Lin and Joyce Huang
    Business groups yesterday gave the thumbs up to the Cabinet's decision to stimulate the local economy with new tax cuts.

    [ FULL STORY ]


    More rain on the way as another cold front arrives

    By Shelley Shan
    Temperatures are likely to fall to a low of 8oC during the first four days of the Lunar New Year holiday, the Central Weather Bureau said yesterday.

    [ FULL STORY ]


    Unable to post bail, Wangs to stay in custody

    TOO MUCH: Four members of the Wang family will remain in detention, but six other suspects were released, although they must report to police daily
    By Rich Chang
    Four family members of Wang You-theng (王又曾), the fugitive founder of the Rebar Asia Pacific Group (力霸亞太企業集團), were granted release on bail by the Taipei District Court yesterday, but as of press time they remained in custody after failing to come up with the money.

    [ FULL STORY ]


    Annan renews mediation in Kenya

    Former UN secretary-general Kofi Annan sought yesterday to quickly shore up his peace effort in Kenya as weeks of explosive violence showed no sign of abating, with scores killed over the weekend.

    [ FULL STORY ]


    Professor back in Taiwan after jail term in China

    By Jenny W. Hsu
    Taiwanese professor Lin Cheng-cheng (林正成) returned to Taiwan on Sunday following his release after 11 years in a Chinese prison on charges of espionage and was reported by the Chinese-language United Daily News as saying that the Taiwanese government left him to fend for himself during his prison term.

    [ FULL STORY ]


    West-friendly Boris Tadic wins Serbian presidential vote

    The EU yesterday welcomed with relief the reelection of pro-Western Serbian President Boris Tadic, saying it would speed up moves towards EU candidacy for the biggest former Yugoslav republic.

    [ FULL STORY ]


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