PANAMA CITY — Panamanian officials say the decision to break diplomatic relations with Taiwan in favour of China was put in motion nearly a month ago — though the roots go back years. Two Panamanian officials who spoke on condition of anonymity because ... ( read original story ...)
Panama’s ditching of Taiwan is ‘latest sign that Beijing means business’
Panama, a small Central American nation that tilted the balance of cross-strait relations further against Taipei by switching its official recognition to Beijing on Tuesday, actually first attempted to do so nearly a decade ago. Panama’s decision ... ( read original story ...)
Exclusive – Foxconn says Apple, Dell join its bid for Toshiba chip business
TAIPEI Apple Inc and computing giant Dell Inc will join a Foxconn ... to cover billions of dollars in cost overruns at its now-bankrupt U.S. nuclear business Westinghouse Electric Corp. Foxconn, however, has not been seen as a frontrunner for the unit ... ( read original story ...)
Air Canada returns to Taipei
This means 30 lie-flat pod suites (1-2-1) will be available in business class along with 21 premium economy (2-3-2) and 247 economy class (3-3-3) seats. “Air Canada is very pleased to return to Taipei, an important and significant economic centre ... ( read original story ...)
Going solo: how China’s backpackers are boosting hidden parts of Taiwan’s economy
But for mainland Chinese tourists heading to Taiwan, the traditional group tour has been losing its appeal. The attractions they visit aren’t the same as where group tourists go. They’re more spread out and can freely go to all these places without the ... ( read original story ...)
Taiwan’s forex reserves hit new high
TAIPEI, Taiwan -- Taiwan's foreign exchange reserves climbed to a record high at the end of May mainly on aggressive stock market buying by foreign institutional investors, according to the central bank. Increased returns from the central bank's management ... ( read original story ...)
Taiwan e-commerce platform turns to blockchain for traceability
This seemingly cumbersome approach has, however, identified more than 1,500 farmers and merchants in Taiwan alone. The business appears to have captured the imagination of consumers, more than 20% of whom are now recurring subscribers. An incentive ... ( read original story ...)
Taiwan forex reserves rise slightly in May vs April
TAIPEI, June 5 (Reuters) - Taiwan's foreign exchange reserves stood at $440.253 billion at the end of May, the central bank said on Monday. It credited the rise in reserves to income earned from reserves' investment and the appreciation of the euro against ... ( read original story ...)
Taiwan lodges complaint with Dubai’s Emirates over flag pin e-mail
Taiwan’s foreign ministry said on Wednesday it had protested to Dubai-based airline Emirates over reports that the carrier asked Taiwanese cabin crew to stop wearing the flag of the self-ruled island on their uniforms, under pressure from Beijing ... ( read original story ...)
COMPUTEX TAIPEI 2017 Exhibitor News and Digital Media Available
TAIPEI, Taiwan--(BUSINESS WIRE)--Business Wire will be making breaking exhibitor news releases available through an exhibitor news archive. For a complete listing of past and future event news go to www.tradeshownews.com. For more information on Business ... ( read original story ...)
China Focus: A Taiwan pastry franchise rises on the mainland
XI'AN, May 29 (Xinhua) -- From supplying KFC hamburger buns to a household brand in Xi'an, Yupinxuan is one of the inspirational stories of Taiwan business success on the mainland. Nineteen year ago, 23-year-old Yang Hongpeng, founder of Yupinxuan ... ( read original story ...)
Xi’s remarks on cross-Strait ties inspire Taiwan business community
BEIJING, May 28 (Xinhua) -- A number of Taiwan business people based on the Chinese mainland said they felt warmth and were inspired by Xi Jinping's recent remarks on cross-Strait relations. They have pledged to be more courageous in maintaining the ... ( read original story ...)
Taiwan’s Cathay Financial units to buy Bank of Nova Scotia’s Malaysian arm
The subsidiaries, Cathay United Bank and Cathay Life, will split the stake at 51 percent and 49 percent respectively, according to a company statement. The deal is expected to be completed in the second half of this year. Last month, Cathay Financial said ... ( read original story ...)
Xi urges Taiwanese business lobby to back ‘one China’ principle
President Xi Jinping urged a Taiwanese business lobby to support the “one China” principle and contribute to unity between Beijing and Taipei, state media said on Monday. Beijing has regarded Taiwan as a renegade province to be recovered by force ... ( read original story ...)
Taiwan seeks aviation business via meeting in France
Taiwan's aviation industry is keen to develop business opportunities in Europe after holding a industry conference in the French city of Toulouse, the Ministry of Economic Affairs (MOEA) said on Tuesday. At the conference, which was held on Monday at the ... ( read original story ...)
Reshaping Enterprise Data Centers: AccelStor Reveals the New-Generation All-Flash Array at Computex Taipei 2017
TAIPEI, Taiwan--(BUSINESS WIRE)-- Targeting data-center applications and big-data analytics, AccelStor, the software-defined all-flash array provider, will showcase its series of NeoSapphire all-flash storage arrays at Computex Taipei 2017. AccelStor will ... ( read original story ...)