Friday, February 28, 2014
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.
A recent survey showed that the lump sum of the world's top 10 luxury property transactions reached US$264 million in 2013, with Taipei in second place preceded by Colorado and followed by Singapore., 1 Comment
Taiwan's unemployment rate in January was pegged at 4.02 percent, down 0.06 percent from the previous month and 0.14 percent from a year ago, the lowest rate since July 2008, according to the latest job market report released by the Directorate-general of Budget, Accounting and Statistics (DGBAS), yesterday. After taking seasonal factors into consideration, the jobless rate was pegged at 4.07 percent.
The Ministry of Finance (MOF) announced recently that an NT$200 billion package of infrastructure development plans, spanning 48 build-operate-transfer, urban renewal and public land projects, according to local media reports.
Shares in Taiwan got a boost Wednesday from high-priced electronics stocks, in particular smartphone camera lens supplier Largan Precision Co. (大立光電), extending market momentum from a session earlier, dealers said.
The output of Taiwan's information and communications technology (ICT) industry looks primed to continue its leading role in the manufacturing sector in 2014, a government-backed research center said Wednesday.
The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.052 to close at NT$30.350 as traders here were encouraged by the strength of the South Korean won to pick up the local currency, dealers said.