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July, 28, 2016

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Taiwan begins marketing Japan's Pepper robots
Taiwan has become the first country outside Japan to market "Pepper," but the humanoid robot developed by Japanese telecom giant SoftBank Corp. will only be available initially to corporate clients, the local distributor announced Monday.
TIER slashes economic growth forecast to anemic 0.77%
The Taiwan Institute of Economic Research (TIER, 台經院) today slashed its economic growth forecast for 2016 to 0.77 percent, citing a continuing slowdown in exports and Brexit's potential ramifications.
Love rivers
A couple looks on at the Xindian River on Monday, July 25. The Taipei City Government has launched a special river bus that tours the Tamsui River and the Xindian River at night.
 > Taipei
The Kuomintang (KMT) Monday urged the Education Ministry to replace the Curriculum Review Committee's convener Chuang Kuo-jung (莊國榮), saying that he was unfit for the position.
Government investment has fallen five years in a row, registering an average decline of 5.6 percent, the Ministry of Economic Affairs (MOEA, 經濟部) reported on Monday.
A Taiwanese scholar said Monday that the price of fuel, water, and electricity in Taiwan's industrial sector is too low because of government subsidies and he suggested either a removal of the subsidies or a regular price increase, which he said would spur greater efficiency.
'Actual achievements' required
Beijing's Taiwan Affairs Office (TAO, 國台辦) spokesman Ma Xiaoguang (馬曉光) speaks to the press Monday in Harbin, China. He called Taiwanese media reports that mainland China's government is giving away money and houses to attract young Taiwanese startups "absurd and goofy." Taiwanese press reported earlier that China has launched a project to bribe 20 to 40-year-old Taiwanese with free offices and apartments and NT$1 million in funds to open new businesses in the country. Ma said Monday that the rewards are only for those who have made "actual achievements."
With frequent accidental deaths or injuries due to drunk-driving, how to prevent drunk-driving has been a topic of concern by various sectors, while the government has actively cracked down on the illegal behavior.
Shares in Taiwan edged lower Monday after a plunge midway through the trading session, but bargain hunting in select large-cap electronics stocks kept the weighted index close to the 9,000-point mark, dealers said.
The central bank said Monday that Taiwan's money supply in June maintained a "golden cross" -- a sign of sufficient liquidity -- for the 10th consecutive month.
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