Tuesday, December 9, 2014
Aiming to enhance Taiwan's ability to produce aircraft precision parts, the Ministry of Economic Affairs (MOEA, 經濟部) recently spearheaded the establishment of an alliance consisting of eleven local machine tool makers.
Shares in Taiwan on Monday fell by 19.28 points, or 0.2 percent, at 9,187.29, while the U.S. dollar gained NT$0.093 to close at the day's high of NT$31.285.
Monday, December 8, 2014
HTC Corp.'s share of the United States smartphone market continued to fall in the three months ending in October as the Taiwanese manufacturer struggled through a product transition period.
The number of visitors to Taiwan's IT Month annual trade show, which concluded its Taipei leg Sunday, soared to a record high of 12 years boosted by strong buying of 4G-enabled smartphones and tablet computers.
Sunday, December 7, 2014
Ting Hsin International Group (頂新國際集團) yesterday confirmed that it has struck a deal to sell its stake in a company that controls Taipei 101, amid widespread calls for the food giant to leave Taiwan in the wake of a cooking oil scandal.
A popular computer store near the Taipei Railway Station will shutter at the end of year, succumbing to rising rent and pressure from online competitors.
Restaurants and hotels in Taiwan are gearing up to grab more of the Christmas spending pie with new menus and promotional campaigns to take advantage of rising patronage during the season.
Saturday, December 6, 2014
The Ministry of Transportation and Communications (MOTC) plans to cooperate with other related departments to demand that the U.S.-based Uber — an app that provides ride-sharing services and that has expanded to 45 countries around the world — be pulled from local app stores as Uber's services run contrary to local regulations.
UBS Securities has revised upward its forecast for Taiwan's gross domestic product (GDP) growth in 2014 on solid economic growth outlook for the fourth quarter.
Taiwan's consumer price index (CPI) rose 0.86 percent in November from a year earlier amid lower fuel prices, showing moderate growth from the 1.06 percent year-on-year increase in October, according to government statistics Friday.