Friday, February 28, 2014
The economic monitoring indicator flashed the “yellow-blue” signal in January, representing a transitional economy, according to a report released by the National Development Council (NDC) yesterday.
In a series of vast hangars, dozens of Chinese technicians swarm over fuselages of Airbus A320 planes, foot soldiers in the battle to dominate what will become the world's largest aircraft market.
Indian opposition candidate for prime minister Narendra Modi said on Thursday the country's millions of family-owned traders must learn to work with large modern stores and online retailers, in comments that could signal a shift in thinking.
The Ministry of Economic Affairs (MOEA) has set the goal to negotiate a zero tariff deal with mainland China for Taiwan's panel, machinery, petrochemical and automobile industries by midyear.
In light of the rapid rise of pork prices following the outbreak of a porcine diarrhea epidemic, the Fair Trade Commission (FTC) yesterday announced that it will be monitoring the practices of suppliers and food companies to detect and prevent occurrences of collusion and price fixing, while pledging to impose severe consequences on offenders.
Although the Cabinet-affiliated Fair Trade Commission (FTC) has taken notice of the looming pork price hike, pig farmers said prices during the Ghost Festival — Aug. 10 of this year — will definitely see an impact.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.005 to end at NT$30.355 after the local central bank intervened to help the greenback return into positive territory at the close, dealers said.
Shares in Taiwan closed on Thursday at this year's new high of 8,639.58, with the bellwether electronics sector continuing its upward momentum as investors shrugged off Wall Street's lackluster showing, dealers said.
Thursday, February 27, 2014
Nepal Telecom (NT) has moved a step ahead in its quest to hitch up with a strategic partner, with its board approving plans to hire a consultant to write the bid documents.
Taiwan's real average wage stood at NT$44,739 (US$1,471) in 2013, lower than 1998's real average wage of NT$44,798 following adjustments for inflation, according to data released Wednesday by the Directorate General of Budget, Accounting and Statistics.