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June, 29, 2016

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Taiwan > Business
MediaTek Inc. (聯發科), Taiwan's largest integrated circuit (IC) designer, said Wednesday that Taiwan should allow China to invest in the local IC design sector under certain conditions.
 
Taiwan is now the fourth largest creditor in the world, as indicated by its net international investment position (IIP) as of the end of last year, the country's central bank said Wednesday.
 
The Formosa Plastics Group (FPG, 台塑集團), one of Taiwan's leading conglomerates, confirmed Wednesday that a scheduled operating date for its steel mill in Vietnam has been postponed and said that no new schedule for the start of operations has been set.
 
Taiwan Mobile Co. (台灣大哥大), one of Taiwan's leading telecom operators, said Wednesday that it is studying the possibility of investing in the telecom markets of India and Indonesia.
 
Deputy Transportation Minister Wang Kwo-tsai said Wednesday that China Airlines (CAL) had been "aggressive" in a recent labor dispute and urged the firm to make concessions to avoid damaging its business operations.
 
Asia's Super 5-in-1 Food Expo covers all aspects of food industry
Taiwan is famous for its delicious food, and with the upcoming Asia's Super 5-in-1 Food Expo from June 22 to 25, you will learn about every aspect of the food industry, ranging from the packing process, to the machinery, and of course, the food itself.
 
Nestle debuts 'MOM & Me' dietary capsules for mothers
Nestle has rolled out its MOM & Me dietary supplement capsules for mothers and infants in Taiwan in celebration of its 150th anniversary. Having invested years of scientific research on the first 1,000 days following an infant's birth...
 
The Ministry of Economic Affairs (經濟部) on Tuesday said that recent torrential rain delivered nearly 200 million tons of water to Taiwan, ensuring a stable supply until at least the end of August.
 
The head of Taiwan's top planning agency, the National Development Council (NDC), expects Taiwan's economy to improve in the second half of the year, citing economic data that points to a recovery. At a hearing of the Economics Committee of the Legislative Yuan...
 
The central bank is expected to be among its counterparts in the Asia-Pacific region that will have only limited room to ease its monetary policy, Switzerland-based banking group UBS said Monday.
 
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