Taipei, Dec. 12, 2012 (CENS)--People’s Bank of China announced yesterday (Dec. 11) designation of the Taipei branch of the Bank of China (BOC) as the renminbi clearance bank in Taiwan, thereby kicking off the cross-Taiwan Strait ...
Tags: Currency Clearance, currency clearance mechanism, deposit, remittance
Taipei, Dec.12, 2012 (CENS)--In a cross-Taiwan Strait meeting yesterday (Dec. 11), Zheng Lizhong, vice chairman of the Association for Relations Across the Taiwan Straits (ARATS), urged Taiwan to cut restrictions on mainland Chinese ...
Taipei, Dec. 12, 2012 (CENS)--Taiwan’s 2012 exports of machinery are likely to slip from 2011’s US$21.1 billion in revenue based on 1.7% drop year-on-year in shipments for Jan.-Nov. and 9.1% decline in Nov. month-on-month. ...
Tags: Machinery Shipments, Machinery, Machinery Industry, Machinery market
Taipei, Dec. 12, 2012 (CENS)--According to a workforce survey recently released by Manpower Group of the United States, Taiwan’s job prospect for the first quarter of 2013 stands at a robust +35% on its Net Employment Outlook, the ...
Tags: Job Prospect, Net Employment, services sector, Job
Taipei, Dec. 12, 2012 (CENS)--Thanks to robust shipment of laptops and notebook PCs, the Taiwan-based Asustek Computer Inc., one of the world’s top five PC brand vendors by market shares, posted NT$39.6 billion in non-combined revenue ...
Tags: Asustek Computer, laptops, notebook, Computer
Taipei,Oct.17,2012(CENS)--MediaTek Inc.'s consolidated revenue of NT$11 billion(US$366 million at US$1:NT$30)for September hit a 29-month high,in line with expectations that the company would have more than NT$10 billion(US$333 million)in ...
Taipei,Oct.17,2012(CENS)--Worldwide wafer fab equipment(WFE)spending is estimated at US$31.4 billion in 2012,for a decline of 13.3%from 2011's US$36.2 billion,according to market consulting firm Gartner,Inc. The global WFE spending is ...
Taipei,Oct.17,2012(CENS)--Lin Join-sane,the newly appointed chairman of the Straits Exchange Foundation(SEF),a semi-official organization representing the government to handle cross-strait affairs,led a delegation to Beijing ...
Taipei,Oct.17,2012(CENS)--After the absence of new issuance for two years,a new product will hit the global-board bond market,as BNP Paribas will float 200 million Australian dollars of corporate bond,with interest rate topping 4%.Since the ...
Taipei,Oct.17,2012(CENS)--Global Insight recently revised its forecast of the global economic growth rate by 0.3 of a percentage point to 2.3%.Observers noted that the move may prompt the Directorate General of Budget,Accounting,and ...
Taipei, Oct. 16, 2012 (CENS)--The escalating tension between mainland China and Japan is prompting some mainland Chinese manufacturers to embrace for Taiwan's machine-tool makers as alternative to Japanese suppliers, likely helping push up ...
Tags: escalating tension, mainland Chinese, Taiwan, machine tools
Taipei, Oct.16, 2012 (CENS)--With global economic downturn, Taiwan's machine tool makers are suffering from lower order value. However, Tongtai Machine & Tool Co., Ltd. and AWEA Mechantronic Co. both saw revenue grow in September compared ...
Tags: Taipei, machinery, global economic downturn
Taipei, Oct. 16, 2012 (CENS)--Jeffrey Koo Jr., chairman of Chinatrust Charity Foundation, has reportedly joined hands with Wang Wen-yuan, president of Formosa Plastics Group, and a Singaporean private equity fund to spend NT$17.5 billion in ...
Tags: Taipei, Chinatrust Charity Foundation, memorandum of understanding
Taipei, Oct. 16, 2012 (CENS)--Outstanding debt of the central government will top NT$5.27 trillion in 2013, 37.1% of the average GNP in the previous three years, a new high. Premier Sean Chen noted yesterday (Oct. 15) that with the ...
Tags: Taipei, debt, GNP, budgeted income
Taipei, Oct. 11, 2012 (CENS)--President Ma Ying-jeou asserted the principle of "normal opening and exceptional control" for foreign investments in Taiwan yesterday (Oct. 10), greatly lifting the restrictions on the entry of foreign capital ...
Tags: Taipei, investments, mainland Chinese