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Tepid recovery adds lackadaisical healing to global economic conditions
TIER business composite indicators show moderate optimism |
he Chinese economy seems stabilized and ceased from landing lately thanks to its stimulus packages and looser monetary operations. A more stable Chinese economy further boosts confidence and picks up momentum of Japan, South Korea and ASEAN economies to some extent. As uncertainties subside and twisted base effects from plunging crude oil prices slip, the absolute value of Taiwan’s declining exports diminishes. ...Read more |
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MOF to propose tax credit measures |
The Ministry of Finance (MOF, 財政部) will propose new earned income tax credit measures aimed at low- and middle-income working families, which would reduce tax for expenses paid in pre-school education, vocational school fees and long-term care, in the next legislative session, Finance Minister Chang Sheng-ford (張盛和) told reporters yesterday. If passed, the new measures will be applicable to taxpayers after two years at the earliest, said Chang. According to Chang, last year the government collected approximately NT$5 trillion in earned income tax. Tax credits accounted for NT$3 trillion, so the remaining NT$2 trillion was the total tax revenue received by the state. Chang said tax credits should be expanded to encompass more expenses and benefit those with lower incomes. (Source: The China Post) |
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Taiwan Economic Research Monthly
Industrial Treand in new era - Branding Taiwan |
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Cities' positioning management and their branding blueprints - Hong Kong and Seoul
Hong Kong and Seoul, two representing cities in Asia, show global the cities’ branding power as well as attract the international attention. Recalling and reviewing Taiwan’s cities, Branding Taipei promoted in Taipei then to “city brand in Taipei” initiated by Dr. Wen-Je Ke, Taipei City Mayor, and Kaohsiung government tries to reverse its first impression of industry through cultural and creative industries, giving the cities life and its city branding positionings.
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