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March 30, 2017

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Apple Pay available in Taiwan from today: banks
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馬英九與國民黨主席選舉
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Taiwan > Business
Business leaders grumble over uncertainty in cross-strait ties
Key business group leaders on Sunday opted out of attending a banquet for Taiwanese doing business in China hosted by the Straits Exchange Foundation (海基會), Taiwan's quasi-official body for negotiations with the mainland.
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When China began making its rocky transition from socialism to a market economy with a series of economic reforms in the late 1970s, investors from Taiwan were among the first to venture into the new market.
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Xiaomi users take note -- the Chinese smartphone maker announced the opening of six new repair stations across Taiwan starting Monday, bringing the total to nine.
 
Asus will 'cooperate fully' with antitrust probe
Taiwan-based tech giant Asus (華碩) said Friday that it would cooperate fully with investigations after it came under scrutiny by the European Union's regulators for a suspected breach of competition rules.
 
Global LCD TV shipments grew 1.6% in 2016, boosted by large displays demand
Global shipments of LCD TV sets, including those from Taiwan, increased 1.6 percent annually in 2016 to reach 219.2 million units, according to WitsView, a division of Taipei-based market research agency TrendForce.
 
The volume of Taiwan's agricultural exports to mainland China fell sharply year-on-year by 19.4 percent in 2016, according to the Council of Agriculture (COA), which attributed the decline to cold weather and typhoons undermining agricultural production.
 
Japanese liquid crystal display (LCD) maker Sharp recorded its first quarterly net profit in more than two years for the October-December period, reaching its declared turnaround goal earlier than planned.
 
Uber Taiwan lashed out at the Ministry of Transportation and Communications (MOTC) on Friday after the MOTC dismissed any possibility of the ride-hailing business operating freely in cities.
 
Waking up the neighbors
Firecrackers go off on a street lined with shops in Kaohsiung on Thursday, Feb. 2. Many small businesses across Taiwan reopened yesterday, setting off strings of firecrackers to herald good luck in the Year of the Rooster. Markets reopened as well, with Taiwan shares rising briskly at the start then closing down 18.98 points, or 0.2 percent, at 9,428.97 on turnover of NT$132.77 billion (US$4.27 billion).
 
Taiwan shares close down on profit taking; turnover expands
Shares in Taiwan closed lower with turnover expanding to top NT$100 billion (US$3.22 billion) on Thursday, the first trading session in the Year of the Rooster after a six-day Lunar New Year holiday, as investors took profits amid concerns over U.S. trade policies under the administration of President Donald Trump, who has advocated protectionism, dealers said.
 
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