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July, 29, 2016

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Business > Asia > Taiwan
The Taiwan Stock Exchange Co. (TWSE) announced Tuesday that Lida Holdings Limited opened for trading on July 20. Since the company is newly listed after its initial public offering, there is no restriction on price fluctuation for the first five trading days, said the TWSE.
 
Shih Hsin University (世新大學) confirmed Tuesday that it was providing full waivers on school administrative fees for students suffering financial hardships, claiming to be the first university in Taiwan to implement this kind of program.
 
The Taiwan Stock Exchange (TWSE, 台灣證券交易所) has eased rules on screening mergers and acquisitions (M&A) on hopes that streamlining the law will help upgrade the local industry.
 
The first of 10 direct charter flights offered from Hong Kong to Hualien in eastern Taiwan over the summer arrived Wednesday, carrying 168 Hong Kong tourists.
 
CIER lowers growth forecast to 0.84%on soft global demand
Dragged down by the weak global recovery, Taiwan's economy will grow just 0.84 percent this year, Chung-Hua Institution for Economic Research (CIER, 中經院) forecast today.
 
Ansett Aviation Asia opened a modern training facility near Taiwan Taoyuan International Airport on Monday to offer high quality aviation programs in the country.
 
Private investment will determine whether Taiwan's economy will achieve growth of 1 percent this year, chairman of the Chinese National Federation of Industries (CNFI,全國工業總會) Rock Hsu (許勝雄) said on Tuesday.
 
Shares in Taiwan extended their momentum from a session earlier Tuesday, as buying in the financial sector continued to help the broader market recoup earlier losses and return to the 9,000-point mark, dealers said.
 
For the first time in its history, HSBC won "Asia's Best Investment Bank" Euromoney award, one of the most important within the industry, according to a press release from the bank.
 
CIER cuts growth forecast yet again, this time to 0.84%
Dragged down by the weak global recovery, Taiwan's economy will grow just 0.84 percent this year, the Chung-Hua Institution for Economic Research (CIER, 中經院) predicted today.
 
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