Overall, M17’s IPO prospectus paints a grey picture of future growth. According to market research firm Frost & Sullivan, M17 is the leading player in “developed Asia” – which includes Taiwan, Singapore, Hong Kong, Japan, and South Korea – with ... ( read original story ...)
Foxconn files for IPO on Shanghai exchange
Foxconn Industrial Internet Co, an internet and industrial-focused arm of Taiwan manufacturer Hon Hai Precision Industrial Co, filed on Monday an application for an IPO on the Shanghai Stock Exchange to fund projects related to 5G and cloud computing. ( read original story ...)
Taiwan startups gearing up to tap blockchain market potentials
He disclosed that OwlTing's most critical milestone for 2019 will be its IPO launch on Nasdaq, in addition to selling its OwlNest systems to as many as 30,000 hotel operators in Taiwan, Japan and other countries by the end of the year. Launched at the end ... ( read original story ...)
Quick Take: Foxconn Unit to Beef Up Production With $4.3 Billion in IPO Cash
Foxconn Industrial Internet Co. Ltd., an internet-focused unit of Taiwan’s Foxconn, said (link in Chinese ... money the company aims to raise through its initial public offering (IPO) of no more than 1.97 billion shares, or 10% of total shares. ( read original story ...)
Air Canada risks a boycott after it refers to Taiwan as being part of China
The Montreal-based airline started a route between Vancouver and Taipei last June. On Tuesday, its customer site listed flights to Taipei, CN, rather than to Taiwan, the self-ruled island that Beijing regards as Chinese territory. In addition to referring ... ( read original story ...)
Air Canada bows to pressure and lists Taipei as being part of China
Malaysia Airlines and British Airways are among the carriers that have joined Air Canada in adding CN to Taipei on its websites. The government of Chinese President Xi Jinping has been increasingly assertive about its claims to Taiwan, which it regards as ... ( read original story ...)
Macquarie Group accelerates into Taiwan’s self-driving bus, car market
He told The Australian Financial Review Macquarie was active in the offshore wind energy industry in Taiwan, while it was also pursuing opportunities in waste-to-energy in South Korea and solar and offshore wind projects in Japan. "We are now working on ... ( read original story ...)
Financial requirements for Chinese tourists to be relaxed
Taipei, May 13 (CNA) In an effort to boost the number of tourists visiting from China, Taiwan is planning to lower the financial threshold for Chinese tourists by accepting applicants who can show bank savings worth NT$100,000 (US$3,339) as opposed to the ... ( read original story ...)
Varian Acquires Taiwan Distributor
PALO ALTO, Calif. and TAIPEI, Taiwan, May 7, 2018 /PRNewswire/ -- Varian (VAR) today announced it has acquired Cooperative CL Enterprises (COOP), a leading distributor of radiotherapy equipment in Taiwan. COOP currently employs 45 people, and has ... ( read original story ...)
Chip designer Mediatek gets Taiwan nod to export goods to ZTE
Following the U.S. ban, Taiwan had instructed local firms wanting to ship goods to ZTE to apply for permission. Mediatek confirmed to Reuters on Monday that it had received the export permit last week to ship products to ZTE. An official with Taiwan's ... ( read original story ...)
Taiwan seeks further cooperation with Asian Development Bank
Mandaluyong, Philippines, May 5 (CNA) Taiwan’s Finance Minister Sheu Yu-jer (許虞哲) on Saturday urged more cooperation between Taiwan and the Asian Development Bank (ADB) at the annual meeting of the ADB Board of Governors in Mandaluyong, the ... ( read original story ...)
Adaptable Seeds – the Answer to Food Shortage
TAIPEI, Taiwan, May 4, 2018 /PRNewswire/ -- "Farmers have to produce 70% more food by 2050 to feed the global population," according to the UN. To rise to the challenge of this startling prediction, scientific and accurate breeding programmes are being ... ( read original story ...)
Dominican students in Taiwan request continued financial support
Taipei, May 3 (CNA) A group of 26 Dominican students studying in Taiwan wrote to their government Thursday, asking it to guarantee the same financial or academic support whether they stay in Taiwan or transfer to China. The letter was prompted by the ... ( read original story ...)
Clifford Beaumont – China to Announce Asset Management Regulations
Clifford Beaumont – China continues campaign to crack down on misconduct within its financial sector. TAIPEI, TAIWAN, May 03, 2018 /24-7PressRelease/ — A source close China’s central bank revealed that China will unveil new asset management industry ... ( read original story ...)
Kavalan wins ‘Best in Class’ and 9 ‘Double Golds’ in San Francisco
TAIPEI, Taiwan, May 2, 2018 /PRNewswire/ -- Kavalan has given its biggest performance at the San Francisco World Spirits Competition (SFWSC) this year, winning the Best in Class trophy and a record 9 Double Golds - a tremendous haul of medals for Taiwan's ... ( read original story ...)
Can an Emerging Economy Get Into Financial Trouble by Holding Too Many Foreign Assets?
After 2010, most of the surplus has shown up in a net buildup of foreign assets in the financial sector (the banks have joined in recently too, but presumably are hedged). So fall off in demand for foreign bonds likely would pose a dilemma for Taiwan’s ... ( read original story ...)