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Friday, December 19, 2014
The Central Bank of the Republic of China said Thursday that it has decided not to change its key interest rates, after concluding its quarterly policymaking meeting.
Third-party payment providers will have to fork out NT$10 billion in funds if they want to establish themselves as electronic banks, said Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) yesterday.
Shares in Taiwan staged a rebound Thursday as investors, encouraged by gains on Wall Street overnight, bought into the local bellwether electronics sector, dealers said.
The bellwether electronics sector staged a technical rebound Thursday morning as investors were encouraged by the gains posted by high-tech stocks in the U.S. market overnight, dealers said.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.093 to close at the day's high of NT$31.450 on hopes that the U.S. Federal Reserve will stay on track to kick off an interest rate hike cycle in mid-2015, dealers said.
Thursday, December 18, 2014
As much as NT$2 billion worth of credit card reward points are confiscated each year as card holders neglect to cash out the reward points, said the Financial Supervisory Committee (FSC).
As much as NT$2 billion worth of credit card reward points are confiscated each year as card holders neglect to cash out the reward points, said the Financial Supervisory Committee (FSC).
Up to 19 Uber drivers have been fined by the Transportation Ministry, and the ministry may enforce fine collections totaling NT$950,000 by year-end, at the earliest.
Tigerair Taiwan, the first Taiwan-based budget carrier to take to the skies with its launch in September, started a new service to Macau on Wednesday amid increasing competition in the low-cost air travel market.
Moviegoers in Taiwan will finally get a chance to see “Blind Massage,” the biggest winner at this year's Golden Horse Awards, when it is released in Taiwan in January, thanks to a new regulation.
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