Tuesday, January 27, 2015
The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) on Monday raised its projection for Taiwan's economic growth in 2015, due in part to falling oil prices, an improving global economy and a better outlook on domestic consumption.
The construction sector slowed down in December as newly elected local governors renewed investigations into infrastructure projects, said the Taiwan Institute of Economic Research (TIER).
Shares in Taiwan closed slightly higher Monday after hovering within a narrow range during the entire session because of the Greek election as well as a slide on Wall Street, dealers said.
Following the European Central Bank's (ECB) announcement on Jan. 22 of a new quantitative easing (QE) program, Asian stocks have been soaring higher as foreign investment in Taiwan marks a 6-year high with almost NT$2.2 billion worth of investment.
Monday, January 26, 2015
Gasoline and diesel prices in Taiwan will increase slightly on Monday, following a small rise in international oil prices last week, CPC Corp., Taiwan said Sunday.
XYZprinting Inc. (三緯國際), a unit of the Taiwanese electronics conglomerate New Kinpo Group (新金寶), on Thursday set a goal of becoming the world's largest maker of three-dimension (3D) printers this year.
A large majority of Taiwanese who make purchases on mobile devices spend more than NT$1,000 a month, according to a survey conducted by the government-sponsored Institute for Information Industry (III, 資策會).
The daily quota for Chinese tourists visiting Taiwan under the Free Independent Traveler (FIT) program will likely be raised to 5,000 from the current 4,000 before the March 5 Lantern Festival, according to the Tourism Bureau.
Yung Ching Realty (永慶房屋), one of the leading estate agents in Taiwan, said Wednesday that it will continue to recruit new employees, even though the local property market is showing signs of slowing down.
Sunday, January 25, 2015
The production value of Taiwan's light-emitting diode (LED) industry is expected to grow at a double-digit pace in 2015 as local suppliers are looking into not only lighting but many other applications to boost shipments, according to the Taiwan LED Lighting Industry Association (TLLIA).