Friday, October 2, 2015
Finance Minister Chang Sheng-ford said that housing prices are unlikely to drop 10-20 percent this year, as prospective buyers are expecting, because construction companies and housing agents are not willing to lower their prices.
Although a recent report by the World Economic Forum (WEF) indicates that Taiwan has slipped one place to rank as the 15th-most competitive economy in the world, it is still one of the most competitive economies in Asia and has managed to increase its score, said Attilio Batista, an economist at the forum.
Fares for domestic flights will be lowered Oct. 30 to reflect falling fuel costs, the Civil Aeronautics Administration (CAA) said Thursday.
The Netherlands Trade and Investment Office (NTIO) has signed an agreement with the Taiwan Circular Economy Network, a privately held foundation, to help transform Taiwan into a more competitive resource-efficient economy.
Thursday, October 1, 2015
Taiwan fell by one spot to No. 15 on the World Economic Forum's (WEF) Global Competitiveness Report 2015-2016, which was released yesterday.
Taiwan-based Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, is planning to ask Apple Inc. to jointly invest funds to buy a stake in Japan-based Sharp's liquid crystal display business, according to Japanese newspaper Mainichi Shimbun.
The 32nd Asian Bankers Association (ABA) general meeting and conference will be held in Taipei from Nov. 12 to Nov. 13, with this year's theme as "Asian Bankers: Growing Beyond Borders."
The Finance Ministry (財政部) said it aims to expedite the administrative processing of public investment contracts, as well as to sign up to NT$100 billion worth of projects by year's end.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.164 to close at NT$33.128 as local exporters dumped the greenback in exchange for the local currency to meet their end-of-quarter New Taiwan dollar funding needs, dealers said.
Wednesday, September 30, 2015
In a complete reversal of its previous verdict, the Kaohsiung District Court yesterday ruled Advanced Semiconductor Engineering Inc. (ASE, 日月光) not guilty of pouring toxic wastewater into a river.