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June, 26, 2016

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President Tsai Ing-wen (蔡英文) said on Monday that the robust industrial foundation in the Greater Taichung area should be utilized to support the development of the intelligent machinery and aerospace industries, the Central News Agency reported.
 > Taiwan
 
Formosa Petrochemical Corp., a privately owned gasoline supplier in Taiwan, said Saturday it will lower its gasoline and diesel prices next week to reflect falling international crude oil prices.
 > Taiwan
 
Chinese yuan-denominated deposits held by Taiwan-based banks were down for the fourth consecutive month in May after banks cut their time deposit rates on the Chinese currency, according to the central bank.
 > Taiwan
 
Aerospace Industrial Development Corp. (AIDC), one of Taiwan's leading aviation firms, has suggested that Taiwan should set up an alliance to push for its initiatives to develop the aviation industry.
 > Taiwan
 
Kaohsiung Medical University and Boehringer Ingelheim collaborate on drug research
Kaohsiung Medical University Chung-Ho Memorial Hospital (KMUH, 高雄醫學大學附設中和紀念醫院) is collaborating with Boehringer Ingelheim Taiwan (台灣百靈佳殷格翰) to develop several innovative prescription drugs and treatments for conditions including chronic obstructive pulmonary disease (COPD), lung cancer, colorectal cancer, breast cancer and diabetes.
 
Taipei to see return of double-decker buses by year-end
The Taipei City Government unveiled Friday the design of a fleet of eight double-decker buses that will hit the road for tourists by the end of this year.
 > Taiwan
 
3D printed, self-driving minibus, to hit the road
A new maker of self-driving vehicles burst onto the scene Thursday in partnership with IBM's supercomputer platform Watson, and it's ready to roll right now.
 
E3 show heralds social and virtual future for video games
As the Electronic Entertainment Expo (E3) video game gathering wrapped Thursday, it was easy to envision a future of social play in virtual worlds with celebrity gamers broadcasting action.
 
Mitsubishi to post US$480 mil. loss over fuel-cheating scandal
Mitsubishi Motors said Friday it will post a US$480 million special loss for the current fiscal year to pay compensation to customers over years of cheating on fuel-economy tests.
 
Shares in Taiwan moved higher Friday on a technical rebound from a slump seen a session earlier as investors took cues from the gains on Wall Street overnight to pick up bargains, dealers said.
 > Taiwan
 
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