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Friday, November 27, 2015
The Industrial Technology Research Institute (ITRI, 工研院) has recently developed new algorithms that utilize big data for intelligent decision-making.
Economics Minister John Chen-chung Deng (鄧振中) said Thursday that Taiwan prioritizes a trade-in-goods agreement with China over the U.S.-led Trans-Pacific Partnership (TPP) for the moment, adding that he hopes talks on the trade pact with mainland China will make a breakthrough by the end of this year.
Lawrence Ng, entrepreneur and co-founder of, launched OnRamp Fund, a US$10 million incubator that invests in early stage startups. Unlike other funds that invest in a large number of startups, OnRamp Fund's focus is to help its portfolio companies achieve critical milestones by working closely with select entrepreneurial teams, according to the organization.
Taiwan Textile Federation celebrates organization's 40 years of innovation
The Taiwan Textile Federation (TTF, 中華民國紡織業拓展會) celebrated its 40 year anniversary Wednesday.
The Taipei Exchange (TPEx), which promotes over-the counter trading of securities in Taiwan, signed a memorandum of understanding with the Canadian Securities Exchange to help emerging enterprises find more funding.
Real estate sector rebounds in October: think tank
The economic index for the real estate industry jumped 5.78 points to 80.24 in October, the highest mark this year so far, according to a report released by the Taiwan Institute of Economic Research (TIER, 台經院).
Along with Taipei's sky-high housing prices, buying a parking space in the capital city is a very costly endeavor, with the most expensive one priced at NT$8.2 million (US$252,392), according to surveys conducted by local realtors.
Shares in Taiwan made a significant comeback Thursday as investors scrambled to buy into large-cap stocks across the board, taking advantage of relatively low valuations caused by losses seen in recent sessions, dealers said.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.054 to close at NT$32.701 after Taiwan's central bank intervened to prop up the greenback, dealers said.
Thursday, November 26, 2015
TSMC head points to 2 drawbacks of investing
Rationing of electricity and protests by environmentalists are the main disadvantages of making investments in Taiwan, said Morris Chang (張忠謀), chairman of Taiwan Semiconductor Manufacturing Company (TSMC, 台積電).
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