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July, 24, 2016

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Taiwan > Business
The Financial Supervisory Commission (FSC, 金管會) said that almost 5,000 automatic teller machines (ATMs), identical to the model used by First Commercial Bank (第一銀行) targeted by thieves over the weekend, have been installed islandwide.
 
Business as usual
Do Nhat Hoang, director general of Foreign Investment Agency under Vietnam's Ministry of Planning and Investment, speaks to press while attending an economic forum in Taipei, Wednesday, July 13.
 
The government's "new southbound policy" shifted into high gear today as ranking officers from 10 Southeast Asian countries gathered at an ASEAN investment forum held by the Economics Ministry to promote foreign investment by Taiwanese firms.
 
Mandarin Airlines staff threatens 'collective vacation'
The workers' union for Mandarin Airlines (華信航空) on Tuesday threatened to take a "collective vacation" during the busy Mid-Autumn Festival, after talks between management and employees of the domestic carrier broke down.
 
Asus ZenFone 3, Deluxe and Ultra rolling out in Taiwan market
Taiwan-based tech giant Asus (華碩) on Tuesday launched its ZenFone 3, the first of three models in that smartphone series, in Taiwan, Hong Kong and Macau.
 
Shares in Taiwan continued their momentum from a session earlier to close above the 8,800-point level on Tuesday, driven in part by the S&P 500 index's rise to a record high on Wall Street overnight, dealers said.
 
A container ship owned by Taiwan-based Evergreen Marine Corp. sailed through the expanded Panama Canal for the first time, which made the company the first Taiwanese shipper to use the new canal inaugurated on June 26.
 
Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, said that its sales for June returned to the NT$300 billion (US$9.32 billion) mark on the back of an increase in communications gadget shipments.
 
China Airlines (CAL) announced the acquisition of a monitoring sensor for the purposes of providing data on global warming and air pollution in the Asia region and began operations on July 7.
 
As FIC Global, Inc. (Stock Code: 3701) and Pal Wonn (Taiwan) Co., Ltd. (Stock Code: 2429) were under circumstances set out in Article 49, paragraph 1, subparagraph 15 of the Operating Rules of the Taiwan Stock Exchange Corporation (TWSE) such that the number of TWSE-listed common shares did not reach 25 percent of the total number of the company's issued common shares, and the share capital of TWSE listed common shares did not reach NT$600 million, the TWSE had previously placed the listed securities of the above companies on the record under an altered trading method from July 3, 2013, and the companies' inability to make improvements within three years from the time the penalty was imposed has led to a change of trading method, according to a press release from the TWSE.
 
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