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December, 9, 2016

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Business > Asia > Taiwan
Taiwan's financial regulator announced plans to lift the cap on investment by venture capital firms in seven innovative industries the government has been promoting, a move that is expected to attract an estimated NT$17 billion (US$539.94 million) in new investment.
 
Taiwan High Speed Rail Corp. (THSRC) announced Thursday that it will operate more trains on weekends starting in December to meet high demand for weekend travel.
 
Taiwan is holding a workshop aimed at promoting exchanges with Southeast Asian countries, bringing together 26 young professionals from the region to learn more about the politics, economics and culture of Taiwan, the Ministry of Foreign Affairs said.
 
Citi and United Way fundraiser kicks off in Taiwan
Taiwanese singer Claire Kuo, "Ambassador of Love" for the 22nd Citi-United Way Fundraising Campaign, urged the public to participate in this year's "Love Together" event and make donations in the spirit of "love without discrimination."
 
Acer Inc. (宏碁) has been listed on two global sustainability indices of 2016, the Dow Jones Sustainability Indices (DJSI) and MSCI's Global Sustainability Indexes, which report on company contributions on environmental, social and governance (ESG) factors, according to a press release from the company yesterday.
 
Taiwan's largest travel fair
Models pose for a photo at the pre-show event of the 2016 Taipei International Travel Fair in Taipei on Thursday, Nov. 3. The fair will be held in the Taipei World Trade Center from Nov. 4 to Nov. 7, featuring 1,450 booths.
 
Taiwan's shares tumbled on Wednesday following overnight losses on Wall Street and European markets as investors turned cautious amid mounting uncertainty about next week's U.S. presidential election, dealers said.
 
Seeds for growing business
Farm workers demonstrate a seed-planting machine in Taitung County on Sunday, Oct. 30. Grains grown in the area, such as millet, are renowned for their nutritional value, even being used in foods crafted for consumption by astronauts.
 
Several foreign brokerages have raised their target prices for Taiwan-based AU Optronics Corp. (AUO) after the flat panel maker turned a profit in the third quarter.
 
Multi-colored taxis will be on the roads from January next year, as the Ministry of Transportation and Communication passed revisions on Tuesday to crack down on illegal-ride hailing services.
 
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