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July, 27, 2016

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Taiwan > Business
Jiyuan Packaging Holdings Limited ("Jiyuan," Stock code: 8488) has applied for primary listing on the Taiwan Stock Exchange (TWSE). It is the fourth foreign company that has filed IPO application with the Taiwan Stock Exchange this year, according to a press release from the TWSE.
 
Facebook is to work with Nielsen Ratings to launch digital ratings in the second half of this year, Jayne Leung, head of Greater China at Facebook, said Tuesday.
 
PharmaEssentia Corporation's initial OTC common stock underwriting was executed through auction and public subscription.
 
CIER cuts growth forecast yet again, this time to 0.84%
Dragged down by the weak global recovery, Taiwan's economy will grow just 0.84 percent this year, the Chung-Hua Institution for Economic Research (CIER, 中經院) predicted today.
 
TAIPEI 101 signs MOU to adopt Siemens Navigator
TAIPEI 101 and Siemens Ltd., Taiwan recently signed a memorandum of understanding that paves the way for the adoption of Siemens Navigator, the latest cloud-based building energy and sustainability management platform, according to a press release from Siemens.
 
Heineken's Tiger Beer debuts in Taiwan
You could feel relaxed after getting off work just by enjoying a delicious stir-fried dish and a bottle of Tiger Beer, newly launched in Taiwan by Heineken Asia Pacific, according to a press release issued by the brewery.
 
The Ministry of Transportation and Communications (MOTC) announced a three-pronged approach to cracking down on illegal ride-hailing service Uber Taiwan, a move the agency said was intended to protect local taxi drivers.
 
Mainland China, Taiwan's biggest agricultural product buyer, has reduced its purchasing by 3.8 percent in the first half year of 2016, according to the data released by the Council of Agriculture (COA, 農委會) yesterday.
 
LamiGirls launch album
LamiGirls, a 23-member cheerleading team of the Lamigo Monkeys, a professional baseball team of the Chinese Professional Baseball League in Taiwan, pose at a press conference on Monday, July 18, marking the release of their first album. LamiGirls is now the largest girl group in the local entertainment field. The team is composed of amateur and professional dancers, models and show girls.
 
Shares in Taiwan closed above the 9,000-point mark Monday, the first time in almost a year for the weighted index to end above that level, on futures-led buying, with foreign institutional investors holding a large chunk of long-position contracts in the futures market, dealers said.
 
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