InvestorsHub Logo
Followers 141
Posts 35147
Boards Moderated 4
Alias Born 08/24/2003

Re: None

Wednesday, 12/31/2008 1:39:27 AM

Wednesday, December 31, 2008 1:39:27 AM

Post# of 183
TAIPEI, Dec 30 (Reuters) - Taiwan newspapers carried the following stories on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

CHINA TIMES

-- The parliament gave an initial approval to lower year-end bonuses for workers of state-run enterprises.

-- The cabinet will lower the corporate income tax rate from 25 to 20 percent and reduce some personal income taxes, in efforts to help people during the economic downturn.

UNITED DAILY NEWS

-- A survey showed that most people would not buy durable goods in the next six months, impacting the housing and auto markets.

-- President Ma Ying-jeou said in an interview that there was no "medicine" that could immediately boost the economy and no way to know how long the global economic crisis would last.

LIBERTY TIMES

-- The Labour Affairs Council said it would review its loan interest rate for common workers, in response to criticism that the rate was higher than that for civil servants.

COMMERCIAL TIMES

-- Overseas Taiwanese remitted about T$600 billion ($18.2 billion) to the island between September and November this year, Taiwan central bank governor Perng Fai-nan told the legislature.

-- Netbooks from Acer (2353.TW) and Asustek (2357.TW) took six of the top 10 spots for best-selling laptop PCs on Amazon.com (AMZN.O) during the Christmas season.

ECONOMIC DAILY NEWS

-- Top contract chipmakers TSMC (2330.TW) and UMC (2303.TW) could see their utilisation rates fall to 50 percent and 30 percent, respectively, in January.

http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSTP31552120081230



My posting is for my own entertainment, do your own DD before pushing your buy/call butto

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.