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October, 21, 2016

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Business > Asia > Taiwan
In possibly another sign of strained cross-strait ties, sales of Mato pomelos during the run-up to this year's Mid-Autumn Festival have fallen 90 percent, according to a Tainan City farmers' association.
FIH Mobile Limited, a subsidiary of Hon Hai Precision Industry (鴻海), will open a manufacturing facility in India's Maharashtra state before the end of the year.
Taiwan Insurance Institute (TII, 保險事業發展中心) Chairman Tseng Yu-chiung (曾玉瓊) said 20 local insurance companies have earned more than NT$400 million in online cases.
EVA Air and its Star Alliance partner in Central America, Avianca, have launched codeshare flights between Taiwan and El Salvador, the Taiwanese carrier announced Wednesday.
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.090 to close at NT$31.280 as traders in Taiwan took cues from the strength of other regional currencies to cut their holdings in the U.S. currency, dealers said.
Taiwan was the largest supplier of steel and iron fasteners to the United States in 2015, shipping US$1.6 billion worth of such fasteners to the U.S. market last year, corporate data has showed.
Thanks to rising demand for system integration and cloud technology setup, the IT service industry grew 4.8 percent in sales from a year ago to NT$63.5 billion in the second quarter, the Economics Ministry reported on Wednesday.
Whichever way the wind blows
Taiwan's first Olympic wind-surfer, Chang Hao, takes to the seas in a clip from the movie "Ripples Apart (逐風少年). The movie, which premiered on the offshore island of Penghu, chronicles the life of Chang and began shooting in 2007.
Sushi express
This undated photo shows the "E7 bento box" of Japan Rail (JR) containing sushi and other delicacies. In cooperation with the Taiwan Railways Administration, three of the most popular JR bento boxes will be available for purchase at Taipei Main Station from Aug. 12 to 31.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.230 to close at NT$31.225 as traders were encouraged by further foreign fund inflows into the country to raise their holdings in the local currency, dealers said.
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