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September, 29, 2016

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Taiwan > Business
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.
 
Despite fears over data security following the recent First Bank (第一銀行) ATM heist, the Financial Supervisory Commission (FSC, 金管會) said the implementation of interbank cardless cash withdrawal, set to launch by the end of the year, will go ahead as scheduled.
 
The German Trade Office Taipei (GTO) and the Taipei City government jointly held a green building design forum in Taipei on Tuesday to promote energy efficiency and increase opportunities for cooperation between German and Taiwanese businesses and experts.
 
Better late than never
This photo shows a general view of the Kaohsiung International Maritime and Defence exhibition in Kaohsiung. The trade expo opened yesterday after being delayed for two days due to Typhoon Meranti. The three-day event features some 1,000 booths of companies specializing in areas including shipbuilding and warship design.
 
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