April. Loans extended to SMEs by domestic banks accounted for 65.4% of total loans extended to all enterprises in Taiwan. Including only private enterprises, SME loans made up 68.75% of domestic banks ...
Taiwan credit card firms’ see lower balance in May
There were less credit cards active compared to April. The balance of revolving credit held by credit card companies operating in Taiwan fell to approximately $3.34b (NT$108.5b) in May, according to ...
FSC restricts Mercuries Life’s trading activities
The Financial Supervisory Commission (FSC) has banned Mercuries Life Insurance Co (三商美邦人壽) from trading with or granting credit to interested parties, and demanded detailed capital enhancement ...
China Sanctions Six US Defense Companies for Taiwan Arms Sale
China is sanctioning six American defense companies and senior executives for their involvement in a recent US arms sale to Taiwan, according to the Chinese Ministry of Foreign Affairs.
Mainland’s criminal punishment measures only target very few diehard ‘Taiwan independence’ separatists: Taiwan Affairs Office
The criminal punishment measures that have been put forward by the Chinese mainland only target the very few diehard "Taiwan independence" separatists. However, the Democratic Progressive Party (DPP) authorities attempt to smear the judicial documents ...
US election chaos could lead China to act on Taiwan: Strategist
On multiple occasions, former President Donald Trump has suggested that he would contest the 2024 election results if he didn't win, according to a report from the New York Times. Strategy Risks ...
Indkal Paving the Way for Acer’s Entry Into the Indian Smartphone Market
Indkal has partnered with Acer to design, manufacture, and distribute smartphones under the Acer brand. These smartphones will offer impressive specs, cutting-edge hardware and advanced software ...
Germany to ban Huawei and ZTE from 5G network
Officials have reached agreements with Germany’s 5G network operators, Deutsche Telekom, Vodafone and Telefonica, on banning Huawei and ZTE.
Japan’s Itochu to bring AI bus optimization to Taiwan smart city
TOKYO -- Japanese trading house Itochu is joining a smart city project in the southern Taiwan city of Tainan, trialing AI systems for transportation and energy data management with an eye toward ...
Taiwan High Court rejects Cheng’s filing to protest detention
The Taoyuan District Court rejected an appeal by former Taoyuan Mayor Cheng Wen-tan (鄭文燦) to be released from jail on Friday (July 12), after he was ordered to be detained without visitation rights ...
(52303.TWO)
As of July 10 at 12:52 PM GMT+8. Market Open.
Taiwan’s President Expresses Gratitude To Micron CEO For Ongoing Investment
In an unusual public acknowledgment, Taiwan’s President, Lai Ching-te ... Moreover, Micron is set to report its third-quarter financial results soon. Analysts expect Micron to report third-quarter ...
Taiwan toughens measures against scams
TAIPEI (Taiwan News) — People obtaining NT$100 million ... The changes also specified the prevention of financial, electronic, and digital fraud. Financial institutions will have to monitor suspicious ...
Taiwan prepares public services and infrastructure for Chinese invasion – FT
This is written by GuildHall with reference to an article by the Financial Times. As several unnamed Taiwanese ... defense plan is based on the work of the previous President of Taiwan, Tsai Ing-wen.
Skyborn Renewables completes 80 piles for Taiwan wind farm
TAIPEI (Taiwan News) — Skyborn Renewables Taiwan reported ... The company previously faced financial difficulties. However, in August last year, it completed a financial restructuring agreement with ...
Taiwan president thanks Micron CEO for his trust in Taiwan
Taiwan President Lai Ching-te thanked memory chipmaker Micron's Chief Executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public meeting with a senior ...