Largest financial firms rake in NT$27.99 billion

making them the two most profitable financial conglomerates. Their banking arms Taipei Fubon Bank (台北富邦銀行) and Cathay United Bank (國泰世華銀行) continued to benefit from earlier interest rate hikes at home ...

Slowdown lowers tax revenue 9%

Tax revenue last month declined 9 percent from a year earlier to NT$332.4 billion (US$10.31 billion), as an economic slowdown weighed on corporate and personal income taxes, although securities ...