Updated Sunday, July 20, 2008 0:00 am TWN, CNA Inward FDI down 11.4% year-on-yearDuring the first six months of this year, registered inward FDI totaled US$3.72 billion, a drop of 11.4 percent year-on-year, while registered outward FDI grew by 59.86 percent to reach US$2.27 billion, statistics from the ministry’s Investment Commission showed. New securities issued overseas by Taiwan-based listed companies amounted to US$618 million during the same period, and foreign investors remitted a net amount of US$12.38 billion into Taiwan for investment in the stock market, according to data from the Securities and Futures Bureau under the Financial Supervisory Commission. In terms of major China-bound investment projects worth over US$200,000, a total of 309 such projects were approved by the commission during the first half of this year, with a total value of US$4.77 billion, the report said. Although the number of such projects decreased 39 percent compared with the same period last year, their total value marked a year-on year increase of 30.81 percent, the report said. The approved projects included 43 investments worth US$997.54 million in June, it said. For China-bound projects worth under US$200,000, Taiwanese businesses registered 129 such investments worth US$16.7 million in the first half of the year, according to the report. | Asia Breaking News Most Read |