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September, 25, 2016

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Taiwan > Business
The number of workers on unpaid leave in Taiwan in the first half of September increased by 118 from the second half of August as the economy remained slow, government statistics showed Monday.
 
EVA Airways President Derek Chen said Monday that the recent fall in Chinese group tourists to Taiwan has had little effect on the airline's revenue.
 
As home supply still exceeds demand, real estate prices will likely decline further in the short term, according to real estate agency Eastern Dragon International (東龍不動產).
 
Taiwan Stock Exchange Co. (TWSE) announced yesterday that the securities net oversold position by foreign investors was NT$29.27 billion during the week of Sept. 12 to Sept. 14. This represented the difference between NT$78.64 billion securities bought and NT$107.91 billion securities sold.
 
Samsung Taiwan on Monday started to accept replacement reservations from local users for its brand-new top-end Galaxy Note 7 smartphone, with replacements to be launched on Friday, Sept. 23, according to a press release issued by the company.
 
Google Inc. announced that an extended section of its FASTER submarine cable to Taiwan has been put into service, boosting the speed of data transmission in and out of the country and the computing power of its largest data center in Asia.
 
Two Taiwanese textile firms have set their sights on the Muslim world, which accounts for about a fifth of the global population, by introducing new technology and innovative designs to appeal to the demographic, market sources said Friday.
 
Lines form as iPhone 7 sales begin in Taiwan
Thousands of consumers lined up in front of authorized Apple resellers to purchase an iPhone 7 as sales began in Taiwan on Friday.
 
China Airlines to take delivery of its first Airbus A350
China Airlines (CAL), one of Taiwan's leading international carriers, said Friday that it is scheduled to take delivery of its first Airbus A350 aircraft on Sept. 30, following a successful test flight earlier in the week.
 
Lin plans to re-engineer Taiwan's economy
Premier Lin Chuan (林全) will lead Taiwan's economic revitalization based on three principles -- innovation, employment and distribution, according to a Cabinet report.
 
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