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Sunday, December 14, 2014
Wintek Corp. (勝華科技), a financially struggling touch panel supplier in Taiwan, has announced that it will lay off all of its more than 2,300 employees in the country in stages.
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The Taiwan capitalization weighted stock index (TAIEX), the benchmark index on the local main board, is expected to challenge 9,800 points in 2015, according to Taipei-based SinoPac Financial Holdings Co. (永豐金控).
Saturday, December 13, 2014
Premier Mao Chi-kuo (毛治國) said Friday that the government will outline measures by the end of the year to return the excess earnings of state-run Taiwan Power Company (Taipower, 台電) to the people.
Financial Supervisory Commission (FSC, 金管會) Chairman Tseng Ming-chung (曾銘宗) said Friday that the FSC will seek consensus with the Ministry of Finance (MOF, 財政部) on an impending capital gains tax that targets major stock market players.
The workforce at the Kaohsiung Software Technology Park (KSTP) will grow from 3,900 to 8,500 in the next five years, and the number may exceed 10,000 after Hon Hai Precision Industry (鴻海) makes investments in the park, according to KSTP's service center.
The majority of Taiwanese white-collar workers expect a more generous year-end bonus in the face of increased annual profits, according to a recent online survey. Companies predict that average bonuses will be upwards of 1.38 months' salary, approximately a NT$2,200 increase from last year, the survey also indicated.
The Samsung Campus APP Star program initiated by Samsung Taiwan recently announced award-winning apps mainly developed by publicly funded university students, which include speed warnings for scooters, personalized e-closets, charity maps and an endangered species awareness campaign.
Thanks to the plunge in crude oil prices, four airlines operating domestic flight services in Taiwan moved Friday to slash airfares effective Dec. 15, with some prices cut by as much as 50 percent.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.064 to close at the day's high of NT$31.326, as positive retail data for November in the United States helped boost the greenback, dealers said.
Shares of MediaTek Inc. (聯發科), one of Taiwan's leading integrated circuit designers, moved higher Friday morning, extending their gains from the previous session, on an “overweight” rating by JP Morgan Chase, dealers said.
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