Wednesday, December 17, 2014
The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.015 to close at NT$31.327 in the wake of a strengthening Japanese yen, dealers said.
Shares in Taiwan extended their losses Tuesday following a decline in American markets overnight driven by plunging international crude oil prices, dealers said.
Foreign investment into China accelerated in November, government data showed Tuesday, despite a worsening slowdown in the world's second-largest economy and concerns over business risks.
Tuesday, December 16, 2014
One of the major challenges Taiwan is facing in Southeast Asia is the lack of free trade agreements (FTAs), causing major disadvantages for Taiwanese businesses in the long run, a Foreign Ministry official said yesterday.
High tariffs on some items and lengthy customs clearance processes remain among the greatest challenges faced by Taiwanese exporters to China, said Peter Huang, president & CEO of the Taiwan External Trade Development Council (TAITRA), on Monday.
Future cross-strait economic cooperation should aim to benefit the public in tangible ways and to distribute the benefits to all, said former Vice President Vincent Siew (蕭萬長) in Taipei yesterday., 1 Comment
Undeterred by economic uncertainty, CoCo Fresh Tea & Juice, a top Taiwanese bubble tea brand in Thailand, plans to open at least 4-5 more branches next year.
The average price of smartphones in Taiwan is expected to drop by 10 percent next year as more affordable 4G-enabled models hit the local market, according to tech research firm IDC.
After showing improvements in wastewater management practices, an Advanced Semiconductor Engineering Inc. (ASE, 日月光) factory in Kaohsiung was yesterday permitted by the city government to resume operations.
Shares in Taiwan ended lower yesterday as investors remained cautious amid international and domestic uncertainties, dealers said.