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Tuesday, November 24, 2015
The face value of the gold reserves held by the central bank has dropped by nearly NT$380 billion (US$11.68 billion) amid falling global gold prices, but the nation's foreign exchange reserves remain at a record high.
The average monthly wages of workers rose 3 percent in the first nine months of this year from a year earlier, partially reflecting an increase in year-end and performance bonuses, according to government statistics released Monday.
Taiwan's Gogoro Inc., the maker of so-called "Tesla of scooters," launched a battery-swapping station at a convenience store chain in Taiwan on Monday for the first time.
Monday, November 23, 2015
Faster customs process will not compromise food safety: gov't
A hastened customs clearance process for cross-strait trade will not compromise the nation's stringent food safety requirements, the Ministry of Economic Affairs (MOEA, 經濟部) said on Sunday.
Taiwanese now own nearly 25 million active credit cards, among the 38.32 million effective cards issued by the 36 card issuing institutions, and the balance of revolving credit stood at NT$107.6 billion (about US$3.3 billion) as of the end of September, according to statistics released by the Financial Supervisory Commission (FSC) recently.
Taipei-based EVA Air and its domestic and regional subsidiary UNI Air announced Sunday that they will increase flights to South Korea by 55 percent, effective from January 2016 due to growing air travel demand between the two countries.
Sunday, November 22, 2015
Formosa Petrochemical Corp. (台塑化), a private gasoline supplier in Taiwan, said Saturday that it has decided to lower domestic fuel prices ahead of rival state-owned CPC Corp., Taiwan, (中油), effective from 1 a.m. Sunday.
A new feature was added to a free government app to protect car buyers from fraud by verifying the mileage of second-hand cars up for sale, Taiwan's Consumers Protection Committee said Saturday.
The Criminal Investigation Bureau (CIB, 刑事局) has recently warned locals of rampant loan scams that many have fallen victim to. Such fraud schemes usually involves victims who reply to advertisements for speedy loans that will approve their applications regardless of their credit history.
Vice Finance Minister Wu Tang-chieh (吳當傑) said yesterday that the National Financial Stabilization Fund is currently maintaining the longest presence in the local equity market in the fund's history.
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