Taiwan’s benchmark TAIEX stock index will gain to 12,000 in a year on improving relations with China and the new government’s economic policies, the island’s largest asset manager said.
“The previous political tension was an obstacle in joining the China growth story,” said Steve Chu, Taipei-based head of equities at ING Securities Investment & Trust Co., [...]
Asia’s top refiner Sinopec Corp，received a 7.1 billion yuan ($1.02 billion) government subsidy in April to offset its processing losses, Xinhua said on Tuesday.
Beijing has in the past two years offered a string of tax incentives to help stem widening refining losses as crude surged to peaks above $135 a barrel, to avoid more politically [...]
More than 60 percent of all 2007 tax returns filed in Taiwan as of May 23 were filed online, according to Ministry of Finance (MOF) statistics.
A total of just over 1.97 million tax returns had been filed by that date, with 1.23 million of those being filed via the Internet, the tallies showed.
Tags: tax
JPMorgan Asset Management said on Monday it has received over US$600 million capital commitments from institutional and high-net-worth investors from the U.S., Asia, Europe and the Middle East for its JPMorgan Greater China Property Fund.
The closed-end fund will be invested in the real estate markets across the mainland China, Hong Kong, Macau and Taiwan, focusing [...]
Agricultural Bank of China (ABC), one of the nation’s Big Four Banks, on Wednesday posted a 127% rise in 2007 net profit, fueled by strong growth in earnings from interest rates and commission fees.
Net income for last year jumped to RMB 11.9 billion from 2006’s RMB 5.2 billion. Earnings from interest rate rose 35.5% from [...]
Hong Kong’s export value rose to HK$243.4 billion in April, an unexpected rise of 14.5% from a year earlier on robust trade with the mainland, according to the latest statistics released by the Hong Kong government.
Meanwhile, the city also saw the value of its imported products increased by 11.3% to RMB 259.6 billion.
Tags: export, exports, [...]
