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August, 27, 2016

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Business > Asia
In possibly another sign of strained cross-strait ties, sales of Mato pomelos during the run-up to this year's Mid-Autumn Festival have fallen 90 percent, according to a Tainan City farmers' association.
 
FIH Mobile Limited, a subsidiary of Hon Hai Precision Industry (鴻海), will open a manufacturing facility in India's Maharashtra state before the end of the year.
 
Taiwan Insurance Institute (TII, 保險事業發展中心) Chairman Tseng Yu-chiung (曾玉瓊) said 20 local insurance companies have earned more than NT$400 million in online cases.
 
EVA Air and its Star Alliance partner in Central America, Avianca, have launched codeshare flights between Taiwan and El Salvador, the Taiwanese carrier announced Wednesday.
 
China's central government has approved plans to link trading between the Shenzhen stock exchange and the Hong Kong market, it said Tuesday, paving the way for the long-awaited reform.
 
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.090 to close at NT$31.280 as traders in Taiwan took cues from the strength of other regional currencies to cut their holdings in the U.S. currency, dealers said.
 
Thailand's GDP gain slows to 0.8% in second quarter
Thailand's economic growth slowed in the three months to June, new figures released Monday showed, days after a string of bomb and arson attacks struck the country's crucial tourism sector.
 
For Indonesia, assisted e-commerce may just be the next big thing
In the case of Indonesia, only a small portion of the population can enjoy such benefits despite the rapid growth of smartphone sales.
 
Japan's economy stalled in the April-June quarter, data showed Monday, missing market forecasts and rekindling worries about the government's faltering bid to stoke a recovery.
 
Prime Minister Narendra Modi said India was becoming the world's most attractive destination for foreign investors Monday, using his annual Independence Day speech to trumpet sweeping tax reforms designed to spur growth.
 
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