Saturday, August 29, 2015
Taiwan's slumping exports continued to drag down the country's manufacturing sector in July, with the sector flashing another "blue" light during the month, the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) said Friday.
The output of Taiwan's manufacturing sector will see contract this year as the global economy slows down, according to a forecast by the Industrial Economic and Knowledge Center (IEK) at the Industrial Technology Research Institute (ITRI, 工業技術研究院).
The 41st Taipei International Electronics Show, TAITRONICS, jointly organized by the Taiwan External Trade Development Council (TAITRA) and the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), will kick off on Oct. 6 at Taipei Nangang Exhibition Hall 1.
Friday, August 28, 2015
The National Development Council's (NDC, 國發會) economic monitoring indicator fell two points to an overall score of 14 in July, flashing blue to signify a decline, becoming the third blue indicator this year.
Fuel prices in Taiwan are expected to move sharply lower next week at a time when international crude oil prices kept falling amid concerns that the weakness of the global market will further drag down global demand, market sources said.
Perng Fai-nan (彭淮南), governor of Taiwan's central bank, was named one of the world's nine best central bankers in 2015 by Global Finance magazine and given an "A" grade for the 11th year in a row.
Vietnam's fast-growing market has attracted a large number of Taiwanese companies that plan to invest in the country in the coming years.
Taiwan and Japan have nearly completed negotiations on a bilateral agreement to avoid double taxation, a Taiwanese official said Thursday. The date of its signing is still being discussed, the official said.
The number of new housing projects in Taipei City is expected to fall in 2015 to the lowest in 19 years due to a series of government's measures to rein in home prices, a local property market magazine said Thursday.
Shares in Taiwan closed above the 7,800 point mark Thursday after Wall Street bounced back strongly overnight on hopes that the U.S. Federal Reserve is in no hurry to raise interest rates, dealers said.