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September, 25, 2016

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Taiwan > Business
The approved amount of foreign investment in Taiwan doubled in the period January to August this year compared with the same period in 2015, the Investment Commission under the Ministry of Economic Affairs said Tuesday.
 
Taiwan's unemployment rate stood at 4.08 percent in August, up 0.06 percentage points from the previous month and 0.18 percentage points from a year earlier, government statistics showed Thursday.
 
A former chairman of the Financial Supervisory Commission (FSC, 金管會) filed a complaint to the Control Yuan Wednesday to request a probe of Mega International Commercial Bank's (兆豐銀行) alleged money laundering.
 
The goal of the project for a light rail system serving New Taipei's Tamsui District is to upgrade Taiwan's rail industry by building trains locally for the new rail system, the city's Department of Rapid Transit Systems said Tuesday.
 
Faces of 'New Southbound'
Employees work on a production line run by a Taiwan-based firm in Thailand, Wednesday, Sept. 21. A Taiwanese investor who has run businesses in Thailand for more than 20 years said ..........
 
Investors in Taiwan's stock market largely stayed on the sidelines Wednesday as they awaited decisions by central banks in Japan and the United States on whether they would adjust interest rates.
 
Sanxin Outlets Co., a joint venture between Japanese real estate developer Mitsui Fudosan and Farglory Land Development, signed a contract Tuesday with Taiwan International Ports Corp. (TIPC) to build an outlet mall in the Port of Taichung.
 
State-run Taiwan Power Co. (Taipower) is evaluating a proposal over whether to spend NT$9.5 billion (US$302 million) to rent gas generators from Tokyo Electric Power Co. Holdings, Inc.
 
Taiwan saw the number of visiting Chinese tourists plummet by 32.41 percent in August compared with the same period of last year, according to Tourism Bureau data, increasing concerns about more serious contraction of the market sector.
 
WTO official talks up power of trade during Taiwan visit
A World Trade Organization official said Tuesday that all WTO members, including Chinese Taipei, were free to decide "if they want to put all their chips in one relationship or another."
 
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