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May 26, 2017

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Taiwan > Business
Taiwan's aviation industry is keen to develop business opportunities in Europe after holding a industry conference in the French city of Toulouse, the Ministry of Economic Affairs (MOEA) said on Tuesday.
 
Taiwan lacks soft skills, cannot depend on AI to start business: Kai-fu Lee
Back in early April, Kai-fu Lee participated in China's "Texas Holdem Against Robots Tournament," in which he created his "Kai-Fu Lee Team" with the slogan of "losing less."
 
As Taiwan dollar strengthens, is it time to drop fixed USD deposits?
With the local currency surging against the greenback, anxious savers have been considering terminating contracts for their fixed U.S. dollar deposits. But experts are advising otherwise.
 
Mega Bank money-laundering case closed due to lack of evidence
Prosecutors on Monday closed a case in which Mega International Commercial Bank (兆豐銀) was suspected of violating the Money Laundering Control Act, citing a lack of evidence.
 
Taiwan's stock market is expected to climb out of its current doldrums because of healthy economic fundamentals, especially in the second half of this year, and high liquidity, according to UPAMC Taiwan Power Fund manager Liu Po-yen (劉伯彥).
 
Nanya Technology Corp. (南亞), a Taiwan-based dynamic random access memory (DRAM) chip maker, remained the world's fourth largest DRAM supplier in the world in the first quarter, according to market information advisory firm TrendForce Corp.
 
Taiwan is expected to report a year-on-year increase in export orders for the ninth consecutive month in April because of solid global demand for high-tech gadgets, the Ministry of Economic Affairs (MOEA) said Saturday.
 
The age of a mighty Taiwan dollar
A public hearing scheduled for 9:30 a.m. EST on May 18 at the U.S. Department of Commerce in Washington could shape the fate of 16 nations -- including Taiwan.
 
Shares in Taiwan slid Friday, extending the losses of a session earlier, amid rising concerns that the political uncertainty facing U.S. President Donald Trump will make it hard for him to push for tax reform and infrastructure investment, dealers said.
 
The Wang family, the founders of conglomerate Formosa Plastics Group (FPG, 台塑), is planning to withdraw from the group's management team in June to focus on the business empire's ownership.
 
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