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Tuesday, April 8, 2014
Economics Minister Chang Chia-juch expressed hope Monday that the Legislative Yuan will handle the service trade pact with China at the same time as it considers legislation monitoring future cross-Taiwan Strait agreements, warning that any further delay of the pact will hurt Taiwan's economy.
Asustek (華碩電腦) today will launch a trio of the Intel-powered ZenFone 4-6 in Taipei, although the target market will be China and the direct competitor will be mainland-based rising smartphone star Xiaomi Technology.
Taiwan's total imports rose by 7.5 percent from a year earlier to US$25.80 billion, while total exports in March grew by 2 percent year-on-year to US$27.76 billion, according to official statistics.
Taiwan shares closed lower Monday as investors remained cautious after the benchmark index reached a 33-month high last week, dealers said.
Taiwan's CPI up 1.61 percent in March to 13-month high
Taiwan's consumer price index (CPI) for March rose 1.61 percent from the year-earlier level due to rising food costs, government statistics showed Monday. It was the largest gain in the CPI in 13 months, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
Encouraged by the Philippine economy's robust growth, Singaporean companies are now keen on tapping investment opportunities in the country's agriculture, retail and infrastructure industries.
Monday, April 7, 2014
The Japanese government is seeking to promote the export of ultra-supercritical (USC) pressure technology power plants to meet expected growing demand in emerging economies, the Nikkei business daily said.
The Chung-Hua Institution for Economic Research (CIER, 中經院) is expected to make an adjustment to its 2014 GDP growth forecast of 3.03 percent, on April 15, according to local news sources.
Local airlines and travel industry groups are holding out hope that China's effective ban on its citizens changing planes in Taiwan will be lifted soon, they said Saturday, ahead of a high-profile international forum in China next week.
Taiwan maintained its rank as the largest electronics product supplier to China in 2013, accounting for more than 27 percent of Beijing's total electronics imports, statistics showed.
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