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June, 26, 2016

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Business > Asia
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.018 to close at NT$32.441 in the wake of losses incurred by the Chinese yuan and other regional currencies, dealers said.
 
Kaohsiung going round in circles
A CAF Urbos tram passes through downtown Kaohsiung during a test run of the Kaohsiung Mass Rapid Transit system's Circular Light Rail Line in this file photo. The Ministry of Transportation and Communications approved operation for Phase I of the Circular Line from C4 Station (Kaisyuan Jhonghua) to C8 Station (Kaohsiung Exhibition Center). The section is expected to be open by the end of June.
 
China's unbranded goods are often better than the branded originals they imitate, founder of e-commerce giant Alibaba Jack Ma has said, posing an additional challenge to the battle against sales of counterfeits.
 
EVA Airways (EVA), one of Taiwan's leading airlines, became one of only eight carriers across the world on Wednesday to be certified as a 5-star airline by Skytrax, a leading air transport rating organization.
 
MediaTek Inc. (聯發科), Taiwan's largest integrated circuit (IC) designer, said Wednesday that Taiwan should allow China to invest in the local IC design sector under certain conditions.
 
Taiwan Stock Exchange Co. (TWSE) announced that the securities net overbought position by foreign investors was NT$33.04 billion during the week of June 6 to June 8. This represented the difference between NT$98.06 billion securities bought and NT$65.02 billion securities sold.
 
Taiwan is now the fourth largest creditor in the world, as indicated by its net international investment position (IIP) as of the end of last year, the country's central bank said Wednesday.
 
Taiwan's booming ETF market was a key point of discussion at the "The Asset 2nd ETF Asia Summit 2016" held in Taipei, co-hosted by the Taiwan Stock Exchange Corporation (TWSE) and Taiwan Index Plus Corporation (TIP), according to a press release from the TWSE.
 
Asia's Super 5-in-1 Food Expo covers all aspects of food industry
Taiwan is famous for its delicious food, and with the upcoming Asia's Super 5-in-1 Food Expo from June 22 to 25, you will learn about every aspect of the food industry, ranging from the packing process, to the machinery, and of course, the food itself.
 
Nestle debuts 'MOM & Me' dietary capsules for mothers
Nestle has rolled out its MOM & Me dietary supplement capsules for mothers and infants in Taiwan in celebration of its 150th anniversary. Having invested years of scientific research on the first 1,000 days following an infant's birth...
 
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