Thursday, December 5, 2013
In order to tap the burgeoning ASEAN market, the Shanghai Commercial & Savings Bank (SCSB,上海商業儲蓄銀行) recently established a foothold in the Cambodian capital of Phnom Penh.
Shares in Taiwan moved higher Wednesday to close above 8,400 points on the back of gains posted by large-cap stocks in both the electronics and old economy sectors, as investors shrugged off Wall Street's decline overnight, dealers said.
The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.01 to close at NT$29.692 as traders took cues from a technical rebound staged by the Japanese yen, dealers said.
Wednesday, December 4, 2013
A Magic Amah-brand detergent product was found in testing to contain pesticides that could disturb animal reproductive systems, the Homemakers United Foundation (HUF) and News&Market announced yesterday.
Hua Yi Entertainment (華翼育樂公司) yesterday announced that it will officially take over the Brother Elephants in a NT$400 million move with the sponsorship of Chinatrust Commercial Bank.
The Changhua County Government yesterday said it will transfer responsibility for collecting fines from Tatung Changchi Foodstuff Co. (大統長基食品) to the Administrative Enforcement Agency of the Ministry of Justice.
Taiwan has expressed concern to Japan over the latter's occasional harassment of Taiwanese civilian aircraft during their travel into overlapping airspace in the East China Sea, the Ministry of Foreign Affairs (MOFA) said yesterday.
Mass production has reportedly begun on China's Shenyang J-15, a carrier-based fighter jet, in a move that indicates Beijing has started picking up the pace in training and development for its first aircraft carrier, the Liaoning.
The Coast Guard Administration (CGA, 海巡署) yesterday said there is no need for an environmental impact evaluation for a proposed upgrade project on the wharf and airstrip on Taiping Island in the South China Sea.
Online group-shopping platform Juhuasuan (聚划算), a subsidiary of the Chinese e-commerce giant Alibaba (阿里巴巴), yesterday announced a new limited-time program to sell Taiwanese agricultural products starting on Dec. 17 and lasting for three days.