Thursday, October 23, 2014
CommonWealth Magazine (天下雜誌) yesterday highlighted the nation's most renowned enterprises with the 20th edition of the Most Admired Company in Taiwan award.
Average regular monthly wages in Taiwan's non-farm sector rose 1.63 percent from a year earlier to NT$38,076 (US$1,257), the highest level on record, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Wednesday.
Thanks to friendly locals, an affordable cost of living and decent health care, Taiwan is ranked as the eighth most popular destination among global expats, based on the Expat Explorer Report 2014 released by HSBC.
Taiwanese chip-maker Himax Technologies Inc. announced Wednesday that Google Inc. has decided not to exercise its previously issued purchase option to make an additional investment into a Himax unit, Himax Display Inc., which supplies liquid-crystal-on-silicon microdisplay technology for Google Glass.
TPK shares yesterday tumbled by 7 percent following the company's denial of market rumors that Hon Hai Precision Industry Co. (鴻海) may be planning to acquire a stake in the touch display panel maker.
China Airlines (CAL, 中華航空) plans to double the number of weekly flights from Taipei to Busan to 14, respectively, in late October, according to an Economic Daily News report.
The National Communications Commission (NCC) has granted Asia Pacific Telecom (亞太電信) the 4G operating license using the 700 MHz frequency, and the telecom company is set to launch its 4G broadband service by year-end.
Shares in Taiwan staged a technical rebound Wednesday, with buying focused on the bellwether electronics sector in the wake of a strong showing made by high-tech stocks in American markets overnight, dealers said.
Taiwan's syndicated loans shrank to a new six-year quarterly low of US$4.5 billion in the third quarter on weak market demand, according to data compiled by business news and financial information provider Bloomberg.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.008 to close at NT$30.393 as a strong rebound by the local market boosted demand for the local currency, dealers said.