Saturday, November 1, 2014
Taiwan's gross domestic product (GDP) rose 3.78 percent from a year earlier in the third quarter, beating an earlier government estimate of a 3.62 percent annual increase made in August, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Friday.
If the current economic growth pattern continues, emerging countries are set to comprise about 60 percent of the world economy in 2026, while the rest will be represented by the developed economies, a noted Canadian economist said in a speech in Taipei.
The Ministry of Labor (MOL,勞動部) yesterday announced that it has given refunds to 96 percent of dispossessed workers left behind without retirement benefits, severance pay and back wages owed to them following a wave of factory closures by unscrupulous proprietors between 1996 and 1998. Their struggle lasted 17 years.
Taiwan Mobile (台灣大哥大) remained the top earner among local telecom carriers with earnings per share (EPS) of NT$4.45, followed by Chunghwa Telecom (CHT) with NT$3.94 and Far EasTone (FET) with NT$2.90.
Boosted by strong growth in subscriptions, Chunghwa Telecom Co. (CHT,中華電信) recently said it will readily achieve its goal of acquiring 40 percent of the fourth generation (4G) market for 2014.
China Airlines (CAL, 中華航空) on Thursday announced it has again won the annual Enterprises Environmental Protection Award (中華民國企業環保獎), taking home a gold medal.
Shares in Taiwan closed higher Friday as bargain hunters bought into market heavyweights in both the electronics and non-high tech sectors, dealers said.
The local market on Thursday went nearly unchanged at 8,888.07 in the wake of a pullback on Wall Street overnight, while the U.S. dollar gained NT$0.026 to close at NT$30.402 against the New Taiwan dollar .
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.076 to close at the day's high of NT$30.478 after the central bank jumped onto the trading floor to reverse the greenback's earlier losses in a bid to maintain Taiwan's global competitiveness, dealers said.
Friday, October 31, 2014
an extraordinary meeting, the board of directors of the Taipei Financial Center Co., which operates the landmark Taipei 101 skyscraper, yesterday approved Chairwoman Christina Sung (宋文琪) as the company's interim vice chairwoman and CEO.