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September, 28, 2016

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Taiwan > Business
Lines form as iPhone 7 sales begin in Taiwan
Thousands of consumers lined up in front of authorized Apple resellers to purchase an iPhone 7 as sales began in Taiwan on Friday.
 
China Airlines to take delivery of its first Airbus A350
China Airlines (CAL), one of Taiwan's leading international carriers, said Friday that it is scheduled to take delivery of its first Airbus A350 aircraft on Sept. 30, following a successful test flight earlier in the week.
 
Lin plans to re-engineer Taiwan's economy
Premier Lin Chuan (林全) will lead Taiwan's economic revitalization based on three principles -- innovation, employment and distribution, according to a Cabinet report.
 
Despite fears over data security following the recent First Bank (第一銀行) ATM heist, the Financial Supervisory Commission (FSC, 金管會) said the implementation of interbank cardless cash withdrawal, set to launch by the end of the year, will go ahead as scheduled.
 
The German Trade Office Taipei (GTO) and the Taipei City government jointly held a green building design forum in Taipei on Tuesday to promote energy efficiency and increase opportunities for cooperation between German and Taiwanese businesses and experts.
 
Better late than never
This photo shows a general view of the Kaohsiung International Maritime and Defence exhibition in Kaohsiung. The trade expo opened yesterday after being delayed for two days due to Typhoon Meranti. The three-day event features some 1,000 booths of companies specializing in areas including shipbuilding and warship design.
 
Taiwan-based Hon Hai Precision Industry Co., the world's largest contract electronics maker, has raised a total of US$1 billion from corporate bonds issued in two tranches, according to statement filed with the Taiwan Stock Exchange Thursday.
 
With a gloomy outlook for the real estate market, 30 percent of home sellers have expressed willingness to lower their asking prices, according to a survey conducted by home price comparison app Ubee (屋比).
 
The price of electricity will stay the same from Oct. 1 to next April, the Ministry of Economic Affairs' (MOEA, 經濟部) price screening committee decided on Tuesday.
 
A lawmaker on Thursday proposed a lifelong ban from hiring migrant workers on persons convicted of sexual assault against their foreign employees.
 
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