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January, 25, 2017

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Business > Asia > Singapore
Local business revenues totaled NT$1.2337 trillion in June, representing a 4.1-percent growth, and marked the 10th consecutive month of growth, according to a report released by the Ministry of Economic Affairs (MOEA) yesterday.
 
TAITRA expects good results in Paraguay
Taiwan's main trade promotion body is expecting to "see good results" for Taiwanese exporters at the annual Expo Mariano Roque Alonso in Paraguay, which opened on July 12.
 
JP Morgan Securities has raised its price target for Hon Hai Precision Industry Co. (鴻海精密), the world's largest contract electronics maker, to NT$130 (US$4.33) from NT$100 on optimism over Hon Hai's recently unveiled transformation plan.
 
Singapore's trade-reliant economy unexpectedly contracted in the second quarter, the government said Monday, as weak global demand weighed on the key manufacturing sector.
 
Singapore on Monday launched a jobs website favoring citizens and permanent residents in response to mounting complaints that foreigners are stealing professional jobs from locals.
 
The 2014 Taiwan-Japan Procurement Meeting was held on July 8 as part of the Taiwan External Trade Development Council's (TAITRA) efforts to match Japanese buyers with local manufacturers.
 
Memory module maker ADATA Technology Co. (威剛) yesterday expressed an upbeat outlook for the second half of this year, citing the arrival of the traditional high season in addition to expected surge in demand for DRAM and NAND Flash products.
 
Shares in Taiwan closed higher Tuesday as buying rotated to the financial sector amid hopes that companies in the sector were more profitable in the first half of the year, dealers said.
 
Representatives of Taiwan's Energy Service Companies (ESCOs) have declared that they are the ones best suited to lead the nation in a drive to reduce electricity consumption, in the wake of an announcement made after Premier Jiang Yi-huah earlier stated that the nation needs to reduce it's energy usage.
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MH370 mystery and Thai crisis play havoc with Singapore's tourism sector
Singapore is mounting a drive in China to market itself as a standalone tourism destination, officials said Tuesday, after a drop in Chinese arrivals to neighboring countries affected the city-state.
 
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