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Wednesday, January 27, 2016
The Industrial Economics and Knowledge Center (IEK, 產業經濟與趨勢研究中心), a major industry research group, raised its annual growth forecast for the manufacturing sector's output value to 0.96 percent on Tuesday.
Tuesday, January 26, 2016
Taiwan's two main gauges for money supplies fell in December on net foreign capital outflows, the central bank reported on Monday.
The world's largest contract chip-maker Taiwan Semiconductor Manufacturing Co.'s (TSMC) application to set up a 12-inch wafer plant and a design service center in mainland China will likely be green-lighted before Chinese News Years rolls around, reports stated on Monday.
Cold snap devastates Tainan fisheries: government
A cold snap has killed over half the farmed fish in Greater Tainan, Taiwan's largest fisheries zone by area, according to the Tainan City Government.
Shares in Taiwan staged a rebound Monday, rising 1.78 percent as part of a broader Asian market rally after international crude oil prices rose about 10 percent on Friday, dealers said.
Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) on Monday revised its forecast for the domestic economic growth for 2016 to 1.57 percent, down by 0.27 percentage points from its estimate in early November.
U.S.-based international credit rating agency Standard & Poor's (S&P) revised its forecast for Taiwan's economic growth for 2016 to 2.1 percent, down by 0.1 percentage points from its estimate in September 2015, according to a report published Monday by Taiwan Ratings Corp., a local partner of S&P.
British banking group Barclays Plc. said Monday it will close offices in nine countries, including Taiwan, to focus on the core markets of the United States and United Kingdom.
Taiwan Stock Exchange Corporation (TWSE, 台灣證券交易所) held an opening ceremony to officially commission its new data center on Monday morning, during which the Chairman of Financial Supervisory Commission (FSC, 金管會), Director-General of Securities and Futures Bureau (SFB), representatives of Taiwan Securities Association, securities firms, Chunghwa Telecom and many former TWSE directors were present to witness the new milestone in Taiwan's securities information infrastructure, according to a press release from the TWSE.
Monday, January 25, 2016
In the annual Triple-A country awards for 2015, Citi Taiwan was one of the biggest winners. Citi Taiwan was honored as "Best Bank - Global," "Best Corporate and Institutional Award -- Global," "Best M&A House," "Corporate M&A Deal," and "Best Loan Deal." It was also worth mentioning that Citi Taiwan has clinched Best Bank Award for the 13th year in a row, according to a press release from Citibank Taiwan.
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