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Thursday, April 17, 2014
Taiwan calculates its gross domestic product (GDP) based on international standards and cannot do it any other way, the country's top economic planner said Wednesday after a local economist argued Taiwan's GDP measure was flawed.
Taiwan -- Taiwan's competitiveness falls: trade association
Taiwan's overall export competitiveness ranking dropped from No. 8 in 2013 to No. 12 in 2014, according to a report released by the Importers and Exporters Association of Taipei (IEAT) yesterday.
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Chinese yuan-denominated deposits at Taiwan-registered banks hit a new high at the end of March, but the pace of increase showed signs of moderating, according to statistics released by Taiwan's central bank.
TUV Rheinland Taiwan has recently obtained laboratory accreditation by the Bureau of Standards, Metrology and Inspection (BSMI), and so can provide BSMI testing and certification services for global mobile power packs, battery chargers and more.
Statistics released yesterday by the Construction and Planning Agency (CPAMI) showed Taipei City's home price to income ratio (PIR) stood atop the globe at 15.01 in late 2013, branding itself as the most unaffordable city to buy property.
The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.034 to close at NT$30.201 as foreign institutional investors (FINIs) kept buying into local shares to boost demand for the local currency, dealers said.
Shares in Taiwan closed slightly higher Wednesday after a choppy session in which a tug-of-war between selling and buying dominated trading, dealers said.
Wednesday, April 16, 2014
Google Inc. rolled out its cloud computing-based platform for enterprises in Taiwan yesterday on its first stop of an Asian tour to promote its cloud business services.
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, ranked as the biggest spender in research and development in 2013 among the 1,024 local manufacturers listed on the main board and the over-the-counter market in 2013, government statistics showed Tuesday.
China Steel Corp. (中國鋼鐵), Taiwan's largest steel supplier, said Tuesday that its pretax profit for the first quarter fell more than 10 percent from a year earlier largely because of a year-on-year decline in product prices.
  
  
  
  
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