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July, 2, 2016

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Business > Asia > Taiwan
Taiwan tipped as a leader in medical aesthetic industry by dermatology firm Galderma
Galderma, a global dermatology company, last Monday named Taiwan as a leader in aesthetic treatment expertise in the Asia-Pacific region.
 
The National Stabilization Fund committee on Monday said it would hold off on deciding whether to enter the local bourse amid Brexit fluctuation.
 
Shares in Taiwan closed down on Monday but rebounded from early lows as investors showed less anxiety over the United Kingdom's vote last week to leave the European Union, dealers said.
 
Obi Pharma meets in annual gathering
Shareholders attend the annual shareholders meeting by the biopharmaceutical firm Obi Pharma Inc. (浩鼎) in Taipei on Monday, June 27. The Ruentex Group (潤泰集團) captured four out of seven seats on the Obi Pharma Inc. board of directors in the re-election on Monday, June 27.
 
State-owned Taiwan Power Co. (Taipower) said Sunday that it is preparing for its most challenging week ahead in providing power supplies, calling for efforts by the public to help reduce electricity use.
 
Yuanta-Polaris cuts GDP growth forecast to 0.9%
Yuanta-Polaris Research Institute (元大寶華綜經院) on Thursday lowered its annual economic growth forecast for Taiwan from 1.42 percent to 0.9 percent amid disappointing global demand.
 
Chunghwa Telecom (中華電信) was presented with the "Taiwan Mobile Service Provider of the Year" award by consulting firm Frost & Sullivan recently in Singapore.
 
Shares in Taiwan pulled back Thursday amid cautious sentiment as the United Kingdom prepared to hold a referendum to decide whether it will stay in the European Union, dealers said.
 
Dancing in Keelung
Mariachi dancers take to the streets of Keelung, Thursday, June 23. The city kicked off its sixth annual Ocean Eagle Festival to celebrate the 130th anniversary of the opening of its port. The city government invited performers from throughout Taiwan as well as international students to participate in the street festivities.
 
Taiwan's jobless rate in May hit 3.84 percent, down by 0.02 percentage points from April but up by 0.22 percentage points year-on-year, government statistics showed.
 
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