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Monday, July 27, 2015
Most of the 15,000 projected visitors to the October E-Commerce Expo Asia 2015 show will be eagerly staking out claims on the industry's 20-percent growth, according to a press release from the Taiwan External Trade Development Council (TAITRA, 外貿協會).
Sunday, July 26, 2015
Residential property prices in Taiwan are likely to fall by an annual 5-10 percent over the next two years due to a supply glut and weakening affordability, according to a research report.
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Fuel prices in Taiwan are expected to drop next week following a fall in international crude oil prices amid concerns over a supply glut, market sources said Friday.
The Tourism Bureau has kicked off the second wave of activities in the Taiwan Fun on the Tropic of Cancer summer festival, with participants having a chance of taking home NT$100,000 in prize money.
Investors should not worry too much about the problems in Greece for the third quarter of 2015, but should rather be wary of the overheating short-term investments and high debt ratios in China, according to Spencer Wang, vice president at Citicorp Securities Investment Consulting.
Saturday, July 25, 2015
The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) said Friday that it has lowered its forecast of Taiwan's 2015 gross domestic product growth to 3.11 percent at a time when the weakness of the global economy has sent demand lower.
The CSBC Corp. (中船), Taiwan, a government-invested shipbuilder headquartered in the southern port city of Kaohsiung, signed a contract Friday to construct four 1,800 20-foot equivalent unit (TEU) container vessels.
New Taipei signed cooperative agreements with organizations from Japan, Thailand, and Malaysia to form a biotechnology industry alliance at a ceremony held at the Taipei World Trade Center's Nangang Exhibition Hall on Thursday.
Deregulation boosts profit for finance industry: FSC
Taiwan's finance industry has completed 18 overseas mergers and acquisitions and seen a 20-percent jump in fo reign profits since the start of deregulation in 2014, the Financial Supervisory Commission (FSC, 金管會) chairman said yesterday.
Shares in Taiwan ended lower Friday, extending losses from a session earlier, amid lingering fears that the current earnings season on Wall Street will come up with more negative leads to create more volatility, dealers said.
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