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Tuesday, April 22, 2014
Taiwan -- Sand sculpture fest in Fulong set to be launched on May 3
A sand sculpture festival set to kick off May 3 at a beach on the northeastern coast of Taiwan will highlight artists' “aspirations for great journeys beyond time and space,” organizers said yesterday.
The Ministry of Culture yesterday threw its weight behind the opening of Taiwan's printing industry to China under a service trade pact, saying it believes current government measures can assure that the opening will not have a negative impact on Taiwan's publishing sector.
Taiwan -- All FTA talks shelved over service pact protests: minister
All free trade negotiations with Taiwan planned for this year have been shelved by “other countries” because of unrest over the services pact with China, Economics Minister Chang Chia-juch (張家祝) said Monday, though he refused to name any specific countries.
Taiwan's export orders reached NT$37.94 billion in March, up 5.9 percent compared with a year ago, according to a report released by the Ministry of Economic Affairs (MOEA) yesterday.
Morgan Stanley has maintained estimates of a sizeable drop in worldwide laptop shipments from major original design manufacturers (ODMs) in Taiwan during the second quarter, according to the Central News Agency (CNA).
Worldwide shipments of smartphones showed better growth than expected in the first quarter of the year on demand from China and other emerging markets, according to a local market information advisory firm.
Taiwan Stock Exchange (TWSE) indicated that foreign institutional investors (FINIs) last week overbought NT$22.42 billion-worth of local shares during the week of April 14 to 18, a 4.72-percent increase from the previous week.
Shares in Taiwan edged lower in thin trading Monday amid cautious sentiment, while the U.S. dollar rose against the Taiwan dollar Monday, gaining NT$0.038 to close at the day's high of NT$30.268.
On Monday, the financial regulator approved CTBC Financial Holdings' (中信金控) US$890 million acquisition of Taiwan Life Insurance (台灣人壽), a deal expected to help CTBC diversify beyond the island's crowded banking market.
Monday, April 21, 2014
Taiwan -- Ma, Jiang reach out to young adults
Following the recently concluded student activist occupation of the Legislature, President Ma Ying-jeou said yesterday that he will communicate more with young adults in order to find a direction for the proposed Kuomintang (KMT) reforms.
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