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August, 28, 2016

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Taiwan > Business
Ex-Mega chair barred from leaving country
Former Mega Financial Holding Co. (兆豐金控) Chairman Mckinney Tsai was barred from leaving the country Tuesday, after he was summoned for questioning over his alleged involvement in the Mega International Commercial Bank (兆豐銀行) money laundering scandal.
 
Finding talent top headache for German firms in Taiwan
Finding qualified talent is the biggest challenge of doing business in Taiwan, according to a survey of German companies conducted by the German Trade Office Taipei (GTO).
 
Doctors in northern India have surgically removed 40 knives from the stomach of a man who had swallowed them over the past two months, one of the physicians said Tuesday.
 
Premier Lin Chuan (林全) Tuesday vowed to propose within two weeks a program aimed at attracting top talent to work in Taiwan.
 
Taiwan-based smartphone brand HTC Corp. (宏達電) will take its first virtual reality headset -- the HTC Vive -- to this year's Tokyo Game Show to boost the global visibility of HTC's VR development efforts.
 
Port diplomacy
This photo provided by the Kaohsiung City Government shows Port of Kaohsiung, the largest harbor in Taiwan. Kaohsiung will hold a global port cities forum in September. It has invited guests from 30 countries and 47 cities in five continents in hopes of sparking opportunities to improve the one another's urban development. The city government said it was pushing for new bay area construction projects and hoped to establish more cooperation with overseas harbors.
 
Singapore's Agri-Food and Veterinary Authority (AVA) Tuesday recalled popular Taiwanese milk tea drink Chun Cui He, also known as Just Drink-Milk Tea, for containing an unapproved food additive, but say the beverage does not pose a food safety risk.
 
New and improved
Taiwan Lottery (台灣彩券) General Manager Huang Zhi-yi (黃志宜), second left, poses with performers at a press conference to announce upcoming changes to the lottery Tuesday, Aug. 23. Taiwan Lottery will be altered slightly to feature a new "special number," and the largest cash prize per individual will be NT$5 million, according to Huang. The company expects profits to nearly double after launching the new format.
 
The Taiwan Stock Exchange Co. (TWSE, 台灣證券交易所) is encouraging Taiwanese investors operating in China's Shandong province to launch a primary listing on the local equity market.
 
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.114 to close at NT$31.706 as traders locked in gains built in the U.S. currency in recent sessions, dealers said.
 
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