Taipei, Nov. 21, 2012 (CENS)--The cross-Taiwan Strait financial exchanges will reach a new level, as Shan Fulin, chairman of China Banking Regulatory Commission (CBRC), is set to visit Taiwan by the end of this year. Guo Shuqing, chairman ...
Taipei, Nov. 19, 2012 (CENS)--The offshore banking units (OBUs) and overseas branches of domestic banks are expected to contribute over 30% of domestic banks’ profits this year, a new high in the wake of the global financial tsunami. ...
Tags: Taipei, overseas business, Taiwan business, FSC
Taipei, Oct. 30, 2012 (CENS)--With the memorandum for cooperation in cross-Taiwan Strait currency clearance having taken effect, domestic banks will be able to inaugurate renminbi-related businesses following the designation of renminbi ...
Tags: CBC, Central Bank of China, People's Bank of China, domestic banks
Taipei, Oct. 25, 2012 (CENS)--In order to revitalize the international-board bond market, the GreTai Securities Market (the over-the-counter market) has proposed to the Financial Supervisory Commission (FSC) allowing simultaneous listing of ...
Tags: bond market, GreTai Securities Market, FSC, ECB
Taiwan's government plans to raise the cap on China-based firms investing in Taiwan's LED industry. Some Taiwan-based LED firms welcome the opportunity to work with China-based peers while some have expressed concerns and view China-based ...
Tags: LED
Taipei,Oct.12,2012--Premier Sean Chen expressed yesterday(Oct.11)that the government will greatly lift the restrictions on foreign investments in Taiwanese industries not only in the manufacturing sector but also in the financial-service ...
Tags: Taipei, stock market, financial
The draft"free economic exemplary zonea"program is scheduled to come out in November.Yiin Chii-ming,minister of the Council for Economic Planning and Development(CEPD),noted yesterday(Sept.26)that there will be two sets of management modes ...
Tags: Chinese firms, enjoy WTO treatment, Taiwan, free economic zone
Taipei,Sept.21,2012(CENS)--The Financial Supervisory Commission(FSC)publicized Taiwan-based wealth-management platform program for local people yesterday(Sept.20),which will meet wealth-management demand of local people via five major ...
Tags: FSC, Wealth-Management Platform Program, wealth-management demand
Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy
Taipei,Sept.18,2012(CENS)--The Shanghai branch of the Bank of Taiwan was designated yesterday(September 17)as the clearance bank for the NT dollar in mainland China.The Shanghai branch of the Bank of Taiwan is scheduled to start NT-dollar ...
Tags: Bank of Taiwan, clearance bank for Nt dollar, agent bank
Everlight expects to see promising Q3 prospects in mainland China , with LED lighting projects to peak there. The firm posted US$ 52.56 million in August revenue, a two-year high, with Q3 operations expected to better the second one. ...
Tags: LED lighting
The Taiwan International Ports Corp.(TIPC)plans to set up Taiwan's first cruise-ship economic zone in Kaohsiung Harbor and is talking with foreign financial groups,such as MGM,Paramount,and Royal Caribbean International,for cooperation in ...
Tags: TIPC, Cruise-Ship Economic Zone, Kaohsiung Harbor, MGM, Paramount
According to insiders, mainland Chinese enterprises as BOE Technology Group and San'an Optoelectronics Co., Ltd. have privately inquired about corporate details of two leading light emitting diode (LED) chip makers in Taiwan, namely Formosa ...
Tags: led
Taipei,Sept.12,2012(CENS)--Influenced by duty-reduction allowed under the cross-strait Economic Cooperation Framework Agreement(ECFA)and continually rising demand in China,the bicycle industry in Taiwan has been obvious growing recently. ...
Tags: Merida Bikes, Industrial Equipment, Processing Machinery, Merida Taiwan
Taipei, Sept. 11, 2012 (CENS)--According to insiders, mainland Chinese enterprises as BOE Technology Group and San’an Optoelectronics Co., Ltd. have privately inquired about corporate details of two leading light emitting diode ...
Tags: Industrial Equipment, Components, Manufacturing, Processing Machinery