Banks, insurers and brokerages in Taipei and New Taipei City are to open as normal tomorrow, the Financial Supervisory Commission said on Saturday.
All financial service providers have been instructed to ensure uninterrupted customer services while following the cities’ tightened disease prevention measures, the commission said.
The announcement came after the Central Epidemic Command Center raised the COVID-19 alert for the two cities to level 3 through Friday next week, calling on the public to avoid unnecessary travel, activities and gatherings, banning indoor gatherings of more than five people and outdoor gatherings of more than 10 people, and implementing sector-specific rules for businesses.
Photo: Allen Wu, Taipei Times
To reduce person-to-person contacts, the Ministry of Finance said that National Taxation Bureau offices in northern Taiwan would stop accepting in-person income tax filings.
The offices in Taipei, New Taipei City, Keelung, Taoyuan and Yilan would not accept tax filings until Friday next week, but remain open for other purposes, it said, adding that disease prevention measures, such as checking visitors’ temperatures, would be in place.
The ministry on Wednesday last week announced that the deadline for filing individual and corporate income tax for last year has been extended by one month, to June 30.
It urged people to file their taxes online, which can also be done using a smartphone.
The Securities and Futures Bureau said that listed companies would still have to hold in-person annual shareholders’ meetings, but control the number of participants, guaranteeing that no more then five people attend a meeting in the same room.
The requirement for in-person shareholders’ meetings is stipulated in the Company Act (公司法) to safeguard the participation rights of minority shareholders, it said.
Despite a provision in the Securities and Exchange Act (證券交易法) that shareholders’ meetings must be held before the end of June, the bureau said it would on a case-by-case basis decide whether companies that do not meet this deadline be exempted from penalties.
Commission data showed that 261 listed companies have scheduled shareholder meetings between tomorrow and Friday next week.
Of those companies, 28 had more than 50 shareholders attending their meetings in person last year, the commission said.
Additional reporting by CNA
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
POWER BUILDUP: Powered by Nvidia’s B200 Blackwell chips, the data center would support MediaTek’s computing power demand and business growth, the company said Smartphone chip designer MediaTek Inc (聯發科) yesterday launched a new artificial intelligence (AI) data center with a maximum capacity of 45 megawatts to meet its rising demand for computing power required to develop new advanced chips for AI applications. The company has completed the first-phase computing power buildup at the data center in Miaoli County’s Tongluo Township (銅鑼), providing 15 megawatts of capacity to support its research and development (R&D) capabilities, despite an industrywide shortage of key components, MediaTek said. Supply constraints have plagued a wide range of key components, including memory chips, solid-state drives, power supply units and central
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu