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June, 1, 2016

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Taiwan > Business
Banks in Taiwan averaged 0.6 percent in return on assets (ROA), to claim the second lowest ranking in Asia, trailed only by Japan, Taiwan Ratings (中華信用評等) reported on Tuesday.
 
Bravo for Bravia!
A model presents a TV set in Sony's Bravia in Taipei, Tuesday, May 24. Sony said its latest TVs in the Bravia line may be available in Taiwan as early as June. The sleek flat-panels are Android TV systems that debut a grid-array backlighting system called Slim Backlight Drive.
 
Taiwan's food and beverage sector posted a record for quarterly sales in the first quarter despite a weak economy, backed by the launch of new restaurant brands and a growing focus on leisure, the Ministry of Economic Affairs (MOEA) said.
 
Model travelers
Models pose at a press conference ahead of a travel fair in Greater Taichung, Tuesday, May 24. Over 283 vendors at 400 booths will offer travel deals at a fair organized by the Taichung County Travel Agency Association (台中市旅行公會). The event runs from May 27 to May 30 at the Greater Taichung International Expo Center.
 
Advanced Semiconductor Engineering Inc. (ASE) and Siliconware Precision Industries Co. (SPIL), Taiwan's two biggest integrated circuit packaging and testing services providers, said Tuesday they are in talks to form a holding company.
 
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.064 to close at NT$32.720 as traders were haunted by fears of an interest hike by the U.S. Federal Reserve, dealers said.
 
Chunghwa Post Co. (中華郵政) on Tuesday apologized for a leak of customer data from its e-commerce site PostMall (郵政商城), the first ever.
 
Shares in Taiwan closed moderately lower Tuesday as investors locked in gains they had built up in an earlier session by cutting their holdings, largely in the bellwether electronics sector, dealers said.
 
Banking on technology
Personnel at Bank SinoPac (永豐銀行) promote new financial technology services in Taipei, Tuesday, May 24. The bank has developed a smartphone app that allows customers to book appointments and to fill out forms in advance: It's expected to save the average customer more than 30 minutes at the bank. Bank SinoPac is a retail and corporate bank with over three million customers in Taiwan.
 
Post offices to open at 8:30 a.m. from July
Starting July 1, the customer service window at most post offices in Taiwan will open a half-hour later at 8:30 a.m.
 
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