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May, 30, 2016

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Taiwan > Business
Nation working to woo Muslim visitors: gov't
Taiwan, which was recently ranked as the safest non-Organization of Islamic Cooperation (OIC) destination in the global Muslim travel market, needs to make a better effort at promoting the unique experience it offers to stand out from rival destinations, a Tourism Bureau official said.
 
With its delegation attending the annual meeting of the Global Reporting Initiative (GRI), the Taiwan Stock Exchange (TWSE) has witnessed its global visibility rise accordingly.
 
Fifteen international startup teams are set to exhibit their products at Computex Taipei 2016 as part of an effort to facilitate exchanges between international startups and local companies.
 
Premier Lin Chuan (林全) said Saturday that although the government's plan to establish an "Asian Silicon Valley" in Taoyuan requires patience, the project is expected to be the catalyst for the transformation of Taiwan's future.
 
About 36 percent of computer users in Taiwan used unauthorized software in 2015, a survey released by the Software Alliance, also known as the BSA, showed on Saturday.
 
China Airlines (CAL), Taiwan's largest airline company, will seek third-party arbitration on the disputes between the company and its flight attendants over a new working contract, after failing to reach a consensus on how to settle the disputes at a mediation meeting held on Friday.
 
Several brokerages have issued a buy rating on shares of Advanced Semiconductor Engineering Inc. (ASE, 日月光) after the world's largest integrated circuit packaging and testing firm reached a deal to form a holding company with a smaller rival.
 
Rental prices for Grade A offices in Taipei were the 16th highest among major cities in the Asia-Pacific region, property market consulting firm REPro Knight Frank said Saturday.
 
China Steel Corp. (中鋼), the largest steel maker in Taiwan, has raised its wholesale prices for July-August deliveries by more than 10 percent after a similar hike for June contracts in reflection of an uptrend in international steel product prices.
 
Taiwan witnessed its share of the global smartphone assembly business fall in the first quarter of this year amid escalating competition in the world market, market information advisory firm International Data Corp. (IDC) said Saturday.
 
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