Friday, March 27, 2015
Taiwanese investors are facing increasing challenges in China as they continue to lose their competitive edge in a lowering market, a Chinese-language magazine reported.
Tigerair Taiwan, a joint venture between Taiwa's China Airlines and Singapore's Tiger Airways, said Thursday that it will launch flights between Taiwan Taoyuan International Airport and Tokyo's Narita Airport April 2 to capitalize on increasing travel interest between the two countries.
Thursday, March 26, 2015
Hanoi - At least 14 people were killed and 30 injured in a scaffold collapse in a steel complex that has investment from Taiwan-based conglomerate Formosa Plastics Group , media in the Southeast Asian country reported early Thursday.
Taiwanese computer maker Acer Inc. (宏碁) posted a slim profit for 2014, ending three consecutive annual losses on an improved margin and cost cuts, the company said Wednesday.
Taiwan Mobile Co. (台灣大哥大), the country's second-largest mobile provider, said Wednesday that it is unlikely to cancel its unlimited data plans for its fourth-generation (4G) mobile network in 2015.
Taiwan is on track to replace all existing mercury vapor street lamps with LED fixtures by the end of 2016, Vice Economics Minister Cho Shih-chao (卓士昭) said yesterday.
Shares in Taiwan closed down Wednesday, with the weighted index falling below the 9,700 point mark as downward pressure focused on large-cap stocks in both the high- tech and old economy sectors, dealers said.
Shares of Taiwan-based Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, bucked losses on the broader market as investors hoped it would resume talks on acquiring a stake in Japan's Sharp Corp. (夏普), dealers said on Wednesday.
Private sector sentiment toward both the domestic manufacturing and services sectors weakened in February because of uncertainty over the global economy, the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) said Wednesday.
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.018 to close at NT31.401 as the local central bank intervened, pushing the greenback into positive territory by the close, dealers said.