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January, 24, 2017

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Business > Asia
Myanmar is expected to launch an 1,800-megahertz mobile internet network that can provide 4G for smartphones in March, according to the Directorate of Telecommunications.
 
Shares in Taiwan staged a mild technical rebound Monday, but turnover continued to fall to less than NT$40 billion (US$1.24 billion), as many foreign institutional investors remained away from the trading floor due to the holiday season, dealers said.
 
Capital Bus Co. and Kamalan Bus Inc. have announced an increase in fares beginning Jan. 1 for routes connecting Taipei to Yilan, citing hikes in costs resulting from newly implemented revisions to the labor law.
 
Myanmar farmers reaping rewards from 3-D printing
Whizzing across a blue-lit platform with a whirr and a squeak, liquid plastic emanating from its chrome tip, the 3-D printer seems a far cry from the muddy, crop-filled fields that fringe Yangon.
 
Shares in Taiwan extended losses from the previous session on Friday, when trading volume continued to shrink with more foreign institutional investors away for the upcoming Christmas holiday, dealers said.
 
A Chinese consortium is set to acquire a 40 percent stake in Pakistan's main bourse, the country's stock exchange said Thursday.
 
A Chinese consortium is set to acquire a 40 percent stake in Pakistan's main bourse, the country's stock exchange said Thursday.
 
Sentiment in the local service sector improved in November, with an index that gauges the outlook of firms in the sector reaching its highest level for 17 months, according to a survey released by the Taiwan Institute of Economic Research (TIER) on Friday.
 
1.68% GDP boost forecast for 2017
Taiwan's economy is expected to grow at a slightly higher rate next year compared to 2016, Taiwan's top research body said.
 
Average real earnings decline
Average real monthly earnings of employees in Taiwan in the first 10 months of 2016 were down 1.03 percent from the same period a year earlier and at about the same level they were at 16 years ago, according to government figures released Thursday.
 
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