Wednesday, July 22, 2015
Foreign investment into China rose 8.0 percent in the first half of this year as mergers and acquisitions by overseas companies more than quadrupled in value, the commerce ministry said Tuesday.
Chinese budget carrier Spring Airlines said it plans to buy 21 Airbus A320 planes for 12.45 billion yuan (US$2.04 billion), citing growth in both international and domestic air travel.
The Chinese arm of Dutch electronics giant Philips is being sued by an official government villa in Beijing over alleged false advertising of air purifiers, a court said Tuesday., 1 Comment
Tuesday, July 21, 2015
Taipei was second-top of the list of destinations searched for on the Hotel.com Chinese-language website in the first five months of 2015, following Hong Kong, according to an annual Hotel.com study on outbound travel by mainland Chinese travelers.
Export orders placed in June fell 5.8 percent year-on-year to US$36.58 billion on weakening demand for mobile devices, tablets and PCs, the Ministry of Economic Affairs (MOEA, 經濟部) said yesterday.
In the lead up to the Ministry of Labor's (MOL, 勞動部) basic wage committee deliberations next month, The Taiwan Labour Front (TLF, 台灣勞工陣線) and other labor groups, yesterday, urged the MOL to raise the basic wage to NT$26,000 per month.
The National Health Insurance Administration (NHIA) said that around 1 million have yet to pay their supplementary health insurance fees, which amount to roughly NT$1,500 per person and are due on or before Sept. 30., 1 Comment
Swiss brokerage firm UBS Securities has cut its forecast for the TAIEX, Taiwan stock exchange's benchmark index, for the end of the year from 9,750 to 9,200 points, making its third downward revision in two months.
Taiwan is expected to grab the title as the largest spender on semiconductor equipment in 2015, according to an estimate released by the trade association Semiconductor Equipment and Materials International (SEMI).
Top executives of Japanese conglomerate Toshiba were systematically involved in overstating more than US$1.2 billion in profits, the firm's independent panel has warned in a report to be released on Monday, according to local media.