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May, 27, 2016

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Taiwan > Business
Taiwan's food and beverage sector posted a record for quarterly sales in the first quarter despite a weak economy, backed by the launch of new restaurant brands and a growing focus on leisure, the Ministry of Economic Affairs (MOEA) said.
 
Model travelers
Models pose at a press conference ahead of a travel fair in Greater Taichung, Tuesday, May 24. Over 283 vendors at 400 booths will offer travel deals at a fair organized by the Taichung County Travel Agency Association (台中市旅行公會). The event runs from May 27 to May 30 at the Greater Taichung International Expo Center.
 
Advanced Semiconductor Engineering Inc. (ASE) and Siliconware Precision Industries Co. (SPIL), Taiwan's two biggest integrated circuit packaging and testing services providers, said Tuesday they are in talks to form a holding company.
 
The U.S. dollar rose against the New Taiwan dollar Tuesday, gaining NT$0.064 to close at NT$32.720 as traders were haunted by fears of an interest hike by the U.S. Federal Reserve, dealers said.
 
Chunghwa Post Co. (中華郵政) on Tuesday apologized for a leak of customer data from its e-commerce site PostMall (郵政商城), the first ever.
 
Shares in Taiwan closed moderately lower Tuesday as investors locked in gains they had built up in an earlier session by cutting their holdings, largely in the bellwether electronics sector, dealers said.
 
Banking on technology
Personnel at Bank SinoPac (永豐銀行) promote new financial technology services in Taipei, Tuesday, May 24. The bank has developed a smartphone app that allows customers to book appointments and to fill out forms in advance: It's expected to save the average customer more than 30 minutes at the bank. Bank SinoPac is a retail and corporate bank with over three million customers in Taiwan.
 
Post offices to open at 8:30 a.m. from July
Starting July 1, the customer service window at most post offices in Taiwan will open a half-hour later at 8:30 a.m.
 
TAITRA steps up online marketing campaign
The government is infusing NT$30 million into B2B website Taiwantrade (台灣經貿網) in an attempt to reverse the country's falling exports, which have seen 15 months of consecutive decline.
 
Shares up 213.18 pts. post-inauguration
The New Taiwan dollar climbed against the greenback and Taiwan shares bounced to a four-week peak on Monday, the first full trading session after President Tsai Ing-wen's (蔡英文) inauguration on May 20.
 
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