Industry & Market
Industry & Market
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The Insurance Bureau Put Forth Yesterday Seven Major Control Measures
Nov 27, 2012Taipei, Nov. 20, 2012 (CENS)--The Insurance Bureau, under the Financial Supervisory Commission (FSC), put forth yesterday (Nov. 19) seven major control measures for investments by insurance firms in realties, effective immediately, which ...
Tags: Insurance Bureau, insurance, FSC, control measure
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SinoPac Financial Holding Opened a Bank Branch in Kinmen
Nov 27, 2012Taipei, Nov. 20, 2012 (CENS)--SinoPac Financial Holding Co., a private financial holding company in Taiwan, recently opened a bank branch in Kinmen, an offshore island of Taiwan, and a leasing branch in Xiamen, Fujian Province, China. ...
Tags: Sinopac Fhc, cross strait operation, finance, Taiwan
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The Number of Taiwanese Workers Aged 60 and Over Hit an All-Time High of Over 610,000
Nov 27, 2012Taipei, Nov. 20, 2012 (CENS)--The number of Taiwanese workers aged 60 and over hit an all-time high of over 610,000 as of the end of September this year, according to the statistics compiled by the Directorate-General of Budget, Accounting ...
Tags: Taiwanese workers, elderly worker
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Taiwan's Domestic Banks Held Deposits of NT$28.05 Trillion
Nov 27, 2012Taipei, Nov. 20, 2012 (CENS)--Taiwan’s domestic banks held deposits of NT$28.05 trillion (US$935 billion) as of the end of August, up 5.8% year on year, with term deposits accounting for NT$12.72 trillion (US$424 billion) or 45%, ...
Tags: domestic bank, Financial Supervisory Commission, deposit
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The Additional Employees in The Last Month Represented All-Time High Incremental Rate
Nov 27, 2012Taipei, Nov. 21, 2012 (CENS)--According to the Council of Labor Affairs (CLA), as of Nov. 15 the number of Taiwan’s enterprises providing unpaid leave to employees increased two more from a month ago to 49, with workers on the ...
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AXA S.A Has Decided to Cease Investments in Taiwan
Nov 27, 2012Taipei, Nov.21, 2012 (CENS)--AXA S.A, a French insurance group, which planned to set up a base in Taiwan for the third time, has decided to cease investments in Taiwan and transfer NT$2 billion (US$66.67 million) to other Asian countries. ...
Tags: AXA S.A, cease investments in Taiwan, Asian
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The Cross-Taiwan Strait Financial Exchanges Will Reach a New Level
Nov 27, 2012Taipei, 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 ...
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Many LED Firms in China Have Been Said to Face Production Suspension or Bankruptcy in 2011
Nov 27, 2012Continuously falling prices, unstable subsidies, and low demand in Europe have been causing China-based LED firms to face financial troubles. The LED industry continues to suffer with oversupply. Many LED firms in China have been said to ...
Tags: China LED lighting, LED lighting
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SAP Innovation Center Has Become a Strategic Partner of The Forum
Nov 27, 2012The MIT Forum for Supply Chain Innovation today announced that the SAP Innovation Center has become a strategic partner of the Forum and SAP’s managing director and senior vice president has joined the Forum’s Manufacturing ...
Tags: SAP Innovation Center, Forum's Manufacturing Technology Advisory Board
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The PV Testing Center Constructed Jointly by IEE Is Officially Located in Baoding
Nov 27, 2012(China Glass Network) The PV testing center constructed jointly by Institute of Electrical Engineering (IEE), Chinese academy of sciences (CAS) and Baoding High-tech Zone is officially located in Baoding High-tech Zone. The project is the ...
Tags: PV testing center, IEE, CAS, PV system testing lab, controller, inverter
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China Is Considering to Invest CNY4.8bn on Building EV Charging Stations by 2015
Nov 27, 2012China is considering to invest CNY4.8bn ($763.72m) on building electric-vehicle charging stations by 2015. In line with country's 12th five-year plan on energy conservation and emission reduction, the China Southern Power Grid Company ...
Tags: China, Investment, EV Charging Stations
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Far EasTone Telecom Made More-Than-Expected Profits in The First 10 Months of The Year
Nov 27, 2012Taipei, Nov. 13, 2012 (CENS)--Taiwan Mobile Corp., Chunghwa Telecom Co., Ltd. and Far EasTone Telecom Co., Ltd. made more-than-expected profits in the first 10 months of the year, with Taiwan Mobile leading industry peers. In the ...
Tags: Chunghwa Telecom Co., Far EasTone Telecom Co., Ltd., mobile, telecom
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Frank Huang Yesterday Announced His Resignation as Chairman of PSC
Nov 27, 2012Taipei, Nov. 13, 2012 (CENS)--Frank Huang yesterday announced his resignation as chairman of PowerChip Semiconductor Corp. (PSC) and Steve R.L. Chen, a former economics minister, will fill the vacancy left by Huang. PSC stated in a press ...
Tags: DRAM chipmaker, Frank Huang, PSC chairman
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Non-Life Insurers in Taiwan Expect Their Premium Revenues to Exceed Those of 2011
Nov 27, 2012Taipei, Nov. 13, 2012 (CENS)--Thanks to growing income from auto-insurance policies, non-life insurers in Taiwan expect their premium revenues this year to exceed those of 2011 and to challenge new heights within five years. Non-life ...
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San'an Optoelectronics Announced Yesterday Buying Into Formosa Epitaxy Inc
Nov 27, 2012Taipei, Nov. 13, 2012 (CENS)--San’an Optoelectronics, mainland China’s largest LED (light emitting diode) epitaxy manufacturer, announced yesterday (Nov. 12) buying into Formosa Epitaxy Inc., the second largest LED epitaxy ...
Tags: San'an Optoelectronics, LED industry, global LED market
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