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Thursday, January 22, 2015
The value of the output of Taiwan's manufacturing sector is expected to grow 2.93 percent this year from a year earlier because of the global economic recovery, according to the Industrial Economics and Knowledge Center (IEK).
Taiwan's declining birth rate will soon take a toll on the country's workforce, the National Development Council (NDC, 國發會) warned Tuesday, noting that Taiwan's working population will fall by an average of 180,000 people annually starting in 2016.
The nation's two major electronics retailers E-Life Mall (全國電子) and Tsann Kuen (燦坤) have kick-started special sales to prepare for the upcoming shopping season for Chinese New Year.
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Taiwan -- HTC to bring budget 4G phones to local market
Taiwanese smartphone maker HTC Corp. announced yesterday that it will introduce budget 4G phones in a bid to make headway in the as yet untapped under-NT$5,000 market.
The finance minister yesterday objected to a claim that the National Taxation Bureau (國稅局) is targeting the Taipei City mayor, saying that auditors are also investigating President Ma and Sean Lien (連勝文) for tax evasion.
Taiwan's Acer Inc. (宏碁) and Asustek Computer Inc. (華碩) saw their personal computer shipments fall in the Asia-Pacific region last year, but one of the two still outperformed the overall market, tech research company IDC said.
Local dynamic random access memory (DRAM) stocks generally moved higher Wednesday morning on expectations that demand will stabilize in the second quarter after the traditionally slow first quarter, dealers said.
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.143 to close at NT$31.553 as traders here bought into the local unit throughout the session, taking cues from a rise in other regional currencies, dealers said.
Shares in Taiwan closed up Wednesday above 9,300 points as foreign institutional investors bought in the spot market in a bid to make profits in the futures market, dealers said.
Wednesday, January 21, 2015
Taiwan -- FDA denies Hsinchu allegation, calls vegetable oil on shelves safe to consume: FDA
The Food and Drug Administration (FDA) denied the allegation made by the Hsinchu City Government yesterday that vegetable oil products on Taiwan store shelves contain exceedingly high levels of trans fat and heavy metal chromium.
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