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Thursday, November 26, 2015
TSMC head points to 2 drawbacks of investing
Rationing of electricity and protests by environmentalists are the main disadvantages of making investments in Taiwan, said Morris Chang (張忠謀), chairman of Taiwan Semiconductor Manufacturing Company (TSMC, 台積電).
The local manufacturing sector is likely to stage a rebound in the fourth quarter of this year based on the latest data released by the Taiwan Institute of Economic Research (TIER), the think tank said Wednesday.
Yulon Nissan Motor Co. (裕隆), one of Taiwan's leading car manufacturers, said that it has trimmed its forecast for its sales in the country for 2015, as many potential buyers have put their purchasing plans on hold while awaiting the passage of a stimulus package in the Legislative Yuan.
The Financial Supervisory Commission (FSC, 金管會) said it has begun to assess the feasibility of allowing unlimited day trading as part of a fresh market stimulus slated for January.
Shares in Taiwan extended losses from a session earlier to close below the 8,400 point mark Wednesday as large-cap stocks almost across the board faced downward pressure, dealers said.
Minister of Finance Chang Sheng-ford (張盛和) said Wednesday that terror fears worldwide are likely to impose an adverse impact on Taiwan's exports.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.099 to close at NT$32.647 on the back of the continued month-end New Taiwan dollar-denominated fund demand from Taiwanese exporters, dealers said.
Wednesday, November 25, 2015
The National Communications Commission (NCC, 國家通訊傳播委員會) said it would consider holding a hearing to examine the purchase of a majority stake in Taiwan's largest privately owned broadcaster, Eastern Broadcasting Company (EBC, 東森電視) by Dan Mintz, head of DMG Entertainment.
The increasing occurrence of terrorist attacks should have limited impact on the global aviation market, according to EVA Airways, one of Taiwan's leading international carriers.
The Executive Yuan decided Tuesday to inject more funds into a stimulus package to help boost domestic consumption, an official responsible for the country's economic planning said that day.
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