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December, 3, 2016

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Formosa Plastics Group has proposed investment projects totaling US$15 billion in the United States, its chairman said.
The banking sector in Taiwan is not the only business that covets financial technology (fintech) solutions to meet demand in the fast-growing financial environment.
GU eyes 2,000 stores
This undated photo shows Tomoaki Suenaga, deputy head of Japanese clothing retailer GU. The sister brand of Uniqlo, GU sells fast fashion at about half the price. Suenaga said the brand was looking to have 2,000 shops worldwide and annual revenue of 1 trillion yen by 2026. "Big changes" for Taiwan are slated for the next six months, he said.
Terry Gou (郭台銘), chairman of Taiwan-based Hon Hai Precision Industry Co. (鴻海), urged the United States not to adopt protectionist policies when the Republican Party's Donald Trump takes office in January, during an interview with China Central Television (CCTV).
MediaTek Inc. (聯發科) Taiwan's leading integrated circuit designer, is expected to see its sales for 2016 rise 29 percent from a year earlier, the second-highest growth among the top 20 IC firms in the world, according to market advisory firm IC Insights.
Taiwan is likely to report a year-on-year increase in export orders for October due to the peak season in the global electronics industry, the Ministry of Economic Affairs (MOEA) said Saturday.
September postal deposits up 2.5 percent
The average deposit balance per post office account as of the end of September rose about 2.5 percent from a year earlier, indicating stable growth in postal deposits in Taiwan, state-owned Chunghwa Post Co. (中華郵政) said on Friday.
Over 1 million downloads of Citi's Line stickers in a day
Among Citi's many promotional events available via its official Line account are animated Line stickers that debuted Tuesday.
Delta Electronics (台達電), a provider of power management solutions, will acquire a 100 percent stake in industrial software provider Unicom (羽冠) for NT$351 million (US$10.9 million).
US dollar closes highest since July, breaches NT$32 mark
The U.S. dollar rose against the Taiwan dollar on Friday, gaining NT$0.142 to close at NT$32.010, the highest level since July 27, when the U.S. currency ended at NT$32.068.
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