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September, 27, 2016

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Taiwan > Business
Samsung tops smartphone market in Aug.
Samsung Electronics Co. of South Korea dominated Taiwan's smartphone market in August, taking the biggest share both in terms of sales volume and value, sources in the sector said Friday.
 
Shares in Taiwan closed higher Friday, extending momentum from the previous sessions, as the bellwether electronics sector continued an uptrend amid optimism over its shipments during the current peak season in the global high-tech market, dealers said.
 
Gasoline and diesel prices in Taiwan are likely to fall slightly next week as a stronger Taiwan dollar has offset an increase in international crude oil prices, market sources said Friday.
 
A gas station that will be built in Taoyuan by the American warehouse club Costco Wholesale Corp. is unlikely to have any significant effect on other fuel suppliers in the domestic market, two local companies said Friday.
 
The U.S. dollar fell against the New Taiwan dollar Friday, gaining NT$0.070 to close at NT$31.330 after moving in a quiet session without fresh indication for traders, dealers said.
 
The Taiwan Stock Exchange Co. (TWSE) announced yesterday that Coaster International Co., Ltd. will open for trading on Sept. 26.
 
Bangkok is the top-ranked destination city by international overnight visitor arrivals and Taipei ranked 15, the 2016 Mastercard Global Destinations Cities Index said.
 
Overseas orders jumped 8.3 percent to US$3.79 million in August, reversing the negative growth seen over the pervious 16 months, the Economics Ministry reported on Thursday.
 
The average monthly nominal wage for the first seven months of this year fell slightly in reflection of smaller bonus payouts by employers, at a time when the local economy was slowing down, according to government statistics released Thursday.
 
Jobless rate rises to 4.08% as new graduates enter market
Taiwan's unemployment rate stood at 4.08 percent in August, up 0.06 percentage points from the previous month and 0.18 percentage points from a year earlier, government statistics showed Thursday.
 
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