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October, 24, 2016

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Shares in Taiwan reached a 15-month high in mid-session Thursday on the back of a strong performance by electronics and plastics shares.
The idea of retail investors owning shares of smartphone camera lens supplier Largan Precision Co. (大立光), the most expensive stock in the local equity market, will no longer be a dream, thanks to a new investment mechanism, the Taiwan Stock Exchange (TWSE) said.
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The Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) on Thursday raised its forecast for Taiwan's gross domestic product (GDP) growth for 2016 to 1.03 percent, in response to better-than-expected economic performance.
Taiwan Railway Administration (TRA) introduced a new train schedule on Thursday, eliminating 40 of its 930 daily train services and cutting back on the travel distance of 46 others.
Taiwan Financial Awards
President Tsai Ing-wen poses with business leaders at the awards ceremony for the Chinese-language Wealth Magazine's 2016 Taiwan Financial Awards. Tsai praised the awards for introducing a new category this year, the "innovative applications award," which honors firms that have proven achievements in the field of combining technology with finance.
Three of Taiwan's leading cable content providers received the largest fine in the history of the nation's cable TV industry on Wednesday, according to the Fair Trade Commission.
XPEC scandal
Yang Rui-ren (楊瑞仁), an ex-criminal involved in one of Taiwan's largest financial crimes, walks into the Taipei Prosecutors Office on Wednesday, Oct. 19.
Third Wednesday Club
The Third Wednesday Club (三三會) chairman Chiang Pin-kung (江丙坤), center, introduces guest speaker Kawaguchi Yuichiro, professor of real estate studies at Japan's Waseda University, left, at the monthly meeting of the business group in Taipei on Wednesday.
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Bank of Kaohsiung chair to head top financial regulator
The Executive Yuan on Wednesday appointed Bank of Kaohsiung Chairman Lee Ruey-tsang as the new chief of the Financial Supervisory Commission (FSC, 金管會).
A preliminary investigation by the Civil Aeronautics Administration (CAA) of the Transportation Ministry found seven EVA Airways (長榮航空) flights and one Uni Air (立榮航空) flight operating in the presence of Typhoon Megi on Sept. 27 violated local aviation law.
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