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May, 30, 2016

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Business > Asia
7-Eleven was the top violator among all convenience stores last year in selling cigarettes to minors, according to the results of a Consumers' Foundation investigation released Thursday.
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Traditional pastry maker Victor Kobo (維格餅家) on Wednesday revealed it has been undertaking plans to develop Southeast Asian markets, since it predicted a drop in tourists from mainland China due to political reasons last year.
 
Japan sidestepped a recession after its economy grew in the first quarter, preliminary data showed Wednesday, but efforts to cement recovery in the world's number three economy were gaining little traction.
 
Shares in Taiwan closed slightly higher Wednesday as buying emerged late in the session to offset the impact of a plunge on Wall Street overnight, dealers said.
 
Militant commander Hazar Khan gave up his 15-year insurgency in Pakistan's Balochistan last year, and now he hopes for a job with the very government he stood against, as the province prepares for a great leap forward fueled by Chinese investment.
 
Business cycle
A street vendor sells "banh da" (rice crackers) carried on her bicycle in downtown Hanoi on May 17.
 
Following the recent exodus of foreign capital, institutional investors have sold a net NT$2.97 billion worth of stocks in the bourse.
 
Taiwan will have a hard time breaking the record for visits to the country by foreign nationals set in 2015 because of a decline in Chinese tourist arrivals, the deputy chief of the Ministry of Transportation and Communications (MOTC) said Wednesday.
 
A majority of the respondents to a recent poll said they want the new government that will take office Friday to make reviving the economy its top priority rather than bringing down soaring housing prices.
 
Investors are eyeing the enormous business opportunities from the "Internet of Things (IoT)" market, which some analysts estimate will reach as much US$11 trillion a year in 2025.
 
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