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Friday, February 5, 2016
Technology devices will become more diversified in 2016, with virtual reality, self-driving cars, drones etc., becoming more universal, the government-backed Industrial Economic and Knowledge Center (IEK) reported.
Nearly 78 percent of companies in Taiwan plan to pay their employees year-end bonuses, although the average amount has shrunk to 1.23 months worth of salary, according to the results of a survey released Thursday.
An economic stimulus program that was introduced last November has used up less than half of the allocated funds and therefore should be extended beyond the Feb. 29 termination date, the head of the National Development Council (NDC) said.
Thursday, February 4, 2016
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.128 to close at the day's high of NT$33.808 in reflection of a looming foreign fund exodus, marking the fourth consecutive session in which the U.S. currency moved higher here, dealers said.
Equity investors in Taiwan suffered average losses of almost NT$410,000 (US$12,130) during the Year of the Goat, amid concerns over a slowing global economy and volatility in global financial markets, according to statistics released Wednesday.
Taiwan's Investment Commission on Wednesday gave Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) approval to build its first 12-inch wafer fab in mainland China.
Taiwan's financial regulator said that it would roll out measures to maintain market stability and draft a white paper for President-elect Tsai Ing-wen by May 20.
Shares in Taiwan closed lower Wednesday as investors grew more concerned over possible further volatility in global markets, particularly after Wall Street took a beating and international oil prices plunged overnight, dealers said.
The Executive Yuan said Wednesday that it cannot guarantee whether a mass rapid transit (MRT) line between Taipei and the country's main airport will be inaugurated before May 20, when President-elect Tsai Ing-wen (蔡英文) is set to assume office.
Taiwan was ranked fifth in the 2015 BlackRock Sovereign Risk Index (BSRI), up one notch from a year earlier, according to a report released Tuesday by investment risk analysis firm BlackRock Investment Institute.
  
  
  
  
  
  
  
  
  
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