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Tuesday, May 12, 2015
Taiwan's Compal Electronics Inc. (仁寶), the world's second-largest contract maker of laptops, forecast lower-than-expected shipment growth for the current quarter Monday, citing weak PC demand prior to the launch of the Windows 10 operating system.
The Financial Supervisory Commission (FSC) recently relaxed the conditions for foreigners to open local bank accounts, hoping to use the loosened policy to attract foreign investment.
Australia's top finance official said Monday he will introduce legislation to force global corporations to pay a fair amount of tax on their Australian earnings.
South Korea accused Pyongyang on Monday of masterminding a work slow-down at the Kaesong joint industrial zone in a bid to push wage-rise demands for the 53,000 North Korean workers employed there.
Businesses believe the Bank of Thailand's (BOT) move to lower the policy interest rate and relax foreign exchange regulations have depreciated the baht and made it easier for firms to invest abroad.
Chinese search engine giant Baidu -- often described as the country's equivalent of Google -- said Monday it has launched anti-corruption investigations into its own employees after reports three department heads were being probed.
Monday, May 11, 2015
A book titled "Blue Book on Investing in Taiwan 2015" that contains articles by 30 authors from the academic and business sectors in Taiwan and China is scheduled to be published May 20 on both sides to allow enterprises in the mainland to better understand the economic and business environment in Taiwan.
China cut interest rates Sunday for the third time in six months to boost sluggish economic growth and announced that it is giving banks more flexibility in setting rates paid to depositors in a new step to make its financial system more market-oriented.
Aggregate net foreign inflows into the equity market in Taiwan continued to hit a fresh high amid ample liquidity in the global market, Chairman of the Financial Supervisory Commission (FSC, 金管會) Tseng Ming-chung (曾銘宗) said Wednesday.
The electronic commerce market in Taiwan is expected to reach the NT$1 trillion (US$32.57 billion) mark in 2015, according to a forecast released by the government-sponsored Institute for Information Industry (工業資訊策進會).
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