Saturday, July 26, 2014
The Chinese National Federation of Industries (CNFI, 全國工業總會) publicized its 2014 White Paper yesterday, while CNFI Chairman Rock Hsu (許勝雄) pointed out Taiwan needs transformational change badly in order to compete on the global stage.
Anticipating growing exports and local demand, the Taiwan Institute of Economic Research (TIER) yesterday raised Taiwan's 2014 GDP growth forecast to 3.28 percent, up 0.05 percentage points from its prediction made in April.
As Apple reportedly placed a big-ticket order for new iPhone units recently, local companies involved in the supply chain — Apple-concept companies — are expected to see stronger sales in the third quarter.
The 2014 Taipei Computer Applications Show (TICA) will take place in the Taipei World Trade Center's Exhibition Hall 1 from July 31 to Aug. 4 and will feature complimentary admission for the public, event organizers announced yesterday.
Shares of TPK Holding Co. (宸鴻科技) took a dive Friday morning after the touch panel maker gave cautious guidance for the third quarter of the year, which is usually a peak period for the global electronics business, dealers said.
DHL recently reaffirmed its support and commitment to Taiwan's life sciences and health care industry, especially in the growing sector of biotechnology.
Shares in Taiwan pulled back Friday as investors locked in their earlier gains in the bellwether electronics sector, creating heavy downward pressure on high-tech heavyweights, including Largan Precision Co. (大立光電), dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.017 to close at NT$30.035. Turnover totaled US$707 million during the trading session.
Cathay United Bank (國泰世華銀行) on Friday inaugurated a sub-branch in the China (Shanghai) Pilot Free Trade Zone (FTZ), the first Taiwanese bank to establish a presence in the FTZ.
Friday, July 25, 2014
Formosa Plastics Group (FPG, 台塑) executive Wilfred Wang (王文潮) yesterday stated that the company is seeking an experienced expert and industry veteran to lead the company's Vietnam-based steelworks operation.