Thursday, September 25, 2014
Taiwan's central bank will hold its key interest rates steady throughout 2014 because of the lack of inflationary pressures, a leading Taiwanese think tank said Wednesday.
Taiwanese computer maker Acer Inc. (宏碁) said Wednesday that it has been awarded a substantial education tender by the Ministry of Education and Science of Georgia in Eastern Europe to provide up to 47,000 Acer TravelMate B115 notebook PCs.
China's investment in Taiwan dropped by 25.15 percent in the first eight months of this year, compared to the same period last year, according to statistics from the Investment Commission.
Yahoo Inc. on Wednesday released a Chinese-language version of its Aviate intelligent home screen app for Android smartphones in Taiwan as it works to strengthen its mobile portfolio.
A product teardown by research firm IHS Inc. has found that South Korea's Samsung Electronics Co. is still supplying some processor chips for Apple Inc.'s larger-screen iPhones, although more orders are going to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電).
Central bank chief Perng Fai-nan (彭淮南) said yesterday that importers should lower prices in the wake of the latest wave of currency depreciation, and prices for Japanese merchandise should decline between 3 and 4 percent.
The Taiwan Textile Federation (TTF) recently won a gold award in a competition held by the Bureau of Foreign Trade for organizing Taipei IN Style (TIS), according to the federation.
Formosa Plastics Group (FPG,台塑集團) is expected to invest an additional US$500 million into its steel mill in the southeastern Chinese province of Fujian, according to a report of Economic Daily News.
A leading Taiwanese think tank raised its forecast again Wednesday for Taiwan's gross domestic product (GDP) growth for 2014, citing the improving global economy.
Shares in Taiwan staged a mild technical rebound Wednesday from losses seen in the previous two sessions, with old economy stocks in focus, dealers said.