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Perng Fai nan
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The CBC Will Stick to The 'Properly Loose' Monetary Policy in Q1 Next Year
Dec 20, 2012Perng Fai-nan, governor of the Central Bank of China (CBC), pointed out yesterday (Dec. 19) that the CBC will stick to the “properly loose” monetary policy in the first quarter next year. He expected Taiwan’s real interest ...
Tags: Central Bank of China, Taiwan', Real Interest Rates, Perng Fai-nan
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The CBC Has Embarked on The Establishment of 'Foreign-Currency Settlement Platform'
Dec 20, 2012Perng Fai-nan, governor of the Central Bank of China (CBC), announced yesterday (Dec. 19) that the CBC has embarked on the establishment of “foreign-currency settlement platform,” which will start operation in the middle of next ...
Tags: Central Bank of China, CBC, foreign-currency settlement platform
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The CBC Will Strive to Obtain Renminbi-Business Quota Higher
Dec 14, 2012With the cross-Taiwan Strait currency clearance mechanism ready for launch, Perng Fai-nan, governor of the Central Bank of China (CBC), said yesterday (Dec. 12) that the CBC will strive to obtain renminbi-business quota higher than Hong ...
Tags: Taiwan, better treatment, Renminbi business
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A Certain Sovereign Wealth Fund From The Middle East Has Invested in Taiwan's Stock Market
Dec 14, 2012Perng Fai-nan, governor of the Central Bank of China (CBC), confirmed for the first time yesterday (Dec. 12) that due to the need of deployment, a certain sovereign wealth fund from the Middle East has invested in Taiwan’s stock ...
Tags: CBC, sovereign wealth fund, Middle East, stock market
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Domestic Banks Will Be Able to Inaugurate Renminbi-Related Businesses
Oct 30, 2012Taipei, 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
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The Markets in Taiwan Expected an Influx of Hot Money to Send The NT Dollar Appreciating
Sep 28, 2012NT dollar has yet to see significant impact from QE3,says Taiwan central bank governor Bryan Chuang,Taipei;Jackie Chang,DIGITIMES[Friday 28 September 2012]When the US Federal Reserve unveiled the third round of quantitative easing(QE3),the ...
Tags: Taiwan, NT dollar, sharp, currency exchange rate, central bank
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Taiwan Economy Are Expected to See Bottom Improvements
Sep 27, 2012There are signs indicating that Taiwan's economy may bottom out soon amid an easing of global economic uncertainty,as the sentiment in its manufacturing sector has improved and the prospects of its exports have become more upbeat,the Taiwan ...
Tags: economy, Taiwan, Taiwan goverment, exports, manufactures
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The Central Bank of China Has Included 20 U.S.and European Investors
Sep 26, 2012response to the influx of hot money into Asia following the rollout of the third-round quantitative easing policy(QE3)of the U.S.,the Central Bank of China(CBC)has included 20 U.S.and European investors with frequent funding movement into a ...
Tags: CBC, Speculative Foreign Funds, QE3, hot money
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Supervisors of The CBC Resolved to Maintain Discount Rate Unchanged Yesterday
Sep 21, 2012Taipei, Sept. 21, 2012 (CENS)--In view of the inflationary pressure to be brought about by the third-round quantitative easing policy (QE3) of the U.S., the regular meeting of the board of the directors and supervisors of the Central Bank ...
Tags: Cbc, Discount Rate, Inflationary Pressure, NT Dollar
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Taiwan and China Have Signed The Memorandum of Understanding
Sep 3, 2012Perng Fai-nan, governor of the Central Bank of China (CBC), announced on August 31 that Taiwan and China have signed the memorandum of understanding for cross-Taiwan Strait currency clearance and will select the clearance bank in the next ...