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Posted on 15/08/2023

STARLUX Airlines Inaugurates Taipei-Clark Route, Connecting North American Travelers to Third Philippines Destination via Taipei Hub

Taiwan-based luxury carrier STARLUX Airlines celebrated a significant milestone today with the inauguration of its daily service between Taipei and Clark, the airline’s third destination in the ...

Posted on 15/08/2023

Taiwan’s Foxconn says it sees ‘billions’ of dollars in India investments

A month after exiting an ambitious project to help build one of India’s first chip factories, Taiwan’s Foxconn says it remains bullish about the world’s most populous nation and is planning “billions” ...

Posted on 15/08/2023

Ramaswamy vows to defend Taiwan from China until US has ‘semiconductor independence’ in 2028

GOP hopeful Vivek Ramaswamy laid out his terms and conditions for the U.S. to defend Taiwan from China if elected president in 2024, something based on Taiwanese-made semiconductors.

Posted on 15/08/2023

Citigroup (C) Sells Taiwan Consumer Banking Business to DBS

Citigroup (C) sells Taiwan consumer banking business to DBS, while retaining its institutional client business there. It expects to get a regulatory capital benefit of $1.2 billion.

Posted on 15/08/2023

Apple supplier Foxconn cautious despite beating earnings forecasts

Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector but retained a cautious outlook for this year due to global economic ...

Posted on 14/08/2023

Citi closes sale of Taiwan consumer business to DBS

Citigroup (C) has completed the sale of its Taiwan consumer banking business to Singapore's largest bank DBS (DBSDF), with its integration executed over the weekend.Nearly 3K employees..

Posted on 14/08/2023

DBS completes integration of Citi Taiwan consumer business

Almost 3,000 Citi employees are now part of DBS Taiwan. DBS Bank has completed its acquisition of Citi’s consumer banking business in Taiwan. Integration was successfully completed over the weekend of ...

Posted on 14/08/2023

DBS completes acquisition of Citi’s consumer banking business in Taiwan

On Jan 28, 2022, DBS announced that it was buying Citi’s consumer business in Taiwan. The bank put in a total $2.2 billion into the deal which includes a premium of $956 million in cash as well as ...

Posted on 13/08/2023

Taiwan counting on Korean, Singaporean and Hong Kong tourists as mainland Chinese still denied entry

Some landmark spots in Taiwan are relatively quiet compared with when sites were packed with mainland Chinese tourists before the pandemic, forcing those who depend on tourism to adapt to new trends.

Posted on 12/08/2023

Taiwan Excellence Launches ‘Sustaining Sustainability: Taiwan Excellence Earth Month’ with Pop-up Experience in Seattle

Sustainable Innovations and Progress Forward As part of August’s celebrations, from August 17-20, Taiwan Excellence will feature some of the Taiwan Excellence award-winning products in an interactive ...

Posted on 10/08/2023

Japanese Watchmakers and Western Automakers Boost Micro LED Market to Near US$600 Million by 2027, Says TrendForce

Mass production of large displays and wearable devices is propelling the Micro LED market. TrendForce predicts that the market value of Micro LED chips will reach $27 million in 2023, indicating a YoY ...

Posted on 09/08/2023

UPDATE 1-Taiwan pitches deeper Europe engagement after TSMC Germany investment

Taiwan said on Wednesday chipmaker TSMC's 3.5 billion euro ($3.83 billion) investment in Germany would drive deeper engagement between the island and Europe, while Berlin said it was a positive sign ...

Posted on 09/08/2023

Taiwan pitches deeper Europe engagement after TSMC Germany investment

Taiwan chipmaker TSMC's 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan's economy minister said on Wednesday, pitching the ...

Posted on 09/08/2023

Taiwan father-son duo and two soldiers charged over China spying

TAIPEI: A Taiwanese businessman and his son have been indicted for recruiting two soldiers who allegedly helped them collect confidential information for China about the island's largest military ...

Posted on 08/08/2023

Taiwan’s exports fall for 11th straight month, as mainland China’s weakened world-factory role hit shipments

Taiwan's exports fell by 10.4 per cent in July from a year earlier due to weak demand from mainland China and Hong Kong Exports of Taiwan's flagship electronic components, including semiconductors, ...

Posted on 08/08/2023

Taiwan cracks down on online telecom fraud and money laundering

Authorities in Taiwan report a rise in telecom internet fraud, with losses reaching 3.6 billion NT ($113m) from January to June this year. Taiwan High Prosecutor The High Prosecutor's Office has ...

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