Saturday, April 5, 2014
The market capitalization of Taiwan's main equity markets has hit a record high at NT$28 trillion, driven largely by strong foreign institutional buying in recent sessions.
Deputy Taipei Mayor Chang Chin-e (張金鶚) said that he wishes the non-disputed urban renewal regulations could be passed soon, as the deadline for regulation amendments is approaching.
A recent research report from Taiwan-based Market Intelligence & Consulting Institute (MIC) showed that the value Taiwan's mobile shopping averaged NT$4,629 per person from NT$994 the previous year, a 365-percent growth from the year before.
Friday, April 4, 2014
The Executive Yuan announced yesterday the passage of a draft to amend certain articles of the Vehicle License Tax Act that pertains specifically to the families of persons with disabilities.
Science and Technology Minister Simon Chang (張善政) stated in a Legislative Yuan briefing yesterday that the fifth-generation (5G) mobile broadband network is poised to become a vital driver of Taiwan's economy in a decade, while pledging efforts toward propelling the technology toward full commercialization by 2025.
The chairman of the Financial Supervisory Commission said yesterday that the ongoing student protest against a trade in-services pact with China has affected the local bourse's performance.
Due to the high tariffs imposed on Taiwanese exports, Taiwan's foreign market access ranking sank to next to last among 138 countries in the 2014 Global Enabling Trade Report, Minister of Economic Affairs Duh Tyzz-jiun (杜紫軍) said.
The United States should declare its support for Taiwan's bilateral and multilateral economic ambitions during upcoming talks in Washington, the chief of the U.S.-Taiwan Business Council has said, adding that the move would "lend invaluable support" to peace and stability across the Taiwan Strait., 1 Comment
The Taiwan Depository & Clearing Corporation (TDCC) yesterday held a press event with Euroclear, and Citibank Taiwan, announcing an international service to allow foreign investor to directly acquire Taiwan's fledgling Formosa Bonds.