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October, 26, 2016

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Pretty kitty takes the city
At a press conference held on Monday, models show shoppers some of the Hello Kitty-themed souvenirs to be given away by the Pacific Sogo Department Store. The giveaway, launched to celebrate the store's anniversary, has triggered a promotion war among local department stores.
Gaining traction
The picture shows a large farm tractor displayed at the first Taiwan Agricultural Machinery & Materials Exhibition, which concluded its three-day run at an agricultural expo complex in Yunlin on Monday, Oct. 24.
Average earnings per payroll employee within the industrial and service sectors recorded annual growth of 1.37 percent from January to August, but a rise in the consumer price index (CPI) meant a drop in real spending power, according to the latest government statistics.
Fair Trade Commission chair
Professor Huang Mei-ying (黃美瑛), shown above, will serves as the next Fair Trade Commission chairwoman, Cabinet spokesman Hsu Kuo-yung announced Monday.
The U.S. dollar rose against the New Taiwan dollar Monday, gaining NT$0.053 to close at NT$31.683 as traders here reacted to the weakness of the Chinese yuan in cutting their holdings of the local currency, dealers said.
Taiwan is stepping up efforts to attract budding tech talent from around the world, as it seeks to cast itself as a hub for tech startups.
With global economic growth momentum picking up in 2017, the production value of Taiwan's manufacturing sector is expected to grow about 1 percent next year, according to the government-sponsored Industrial Technology Research Institute's Industrial Economics and Knowledge Center (IEK, 工研院產業經濟與趨勢研究中心).
The Taiwan Stock Exchange (TWSE) has come up with measures to boost daily turnover in the local equity market by providing incentives to brokerages who persuade clients to trade.
TSMC to gift workers over NT$400 million in bonuses
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip-maker, announced Saturday that it would distribute more than NT$400 million in bonuses to its employees by the end of November.
The Legislative Yuan has approved an amendment to the Statute for the Establishment and Administration of the National Financial Stabilization Fund (國家金融安定基金設置及管理條例) to allow stepped-up monitoring of government use of the fund, which is aimed at stabilizing the local stock market.
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