Taiwan PM Aims to Boost Growth

Taiwan aims to stimulate consumer spending and spur private investment as part of measures to boost its trade-reliant economy, Prime Minister William Lai said on Tuesday, Reuters reported. Lai, speaking in Taiwan’s parliament, or Legislative Yuan, for ... ( read original story ...)

JC Flowers seeks buyer for its remaining stake in Shinsei Bank

He also approached JC Flowers executives directly over another deal, proposing to take over their stake in Jie Sun Financial Holdings in Taipei, the people said. His spokesman could not be reached for comment. Despite these initial setbacks JC Flowers is ... ( read original story ...)

Video streaming giant iQiyi said to be mulling IPO in the US

Both Baidu and iQiyi declined to comment on the potential IPO plan. The acclaimed video streaming platform ... localisation with joint productions targeting markets such as Japan, Taiwan and the UK, whereas the home market remains the major focus for ... ( read original story ...)

Drunk drivers to face higher premiums for liability insurance

Taipei, Sept. 26 (CNA) Starting in March 2018, motorists convicted of drunk driving will be required to pay a higher punitive premium for Compulsory Automobile Liability Insurance, the Financial Supervisory Commission (FSC) said Tuesday. The punitive ... ( read original story ...)

SGX misses on two major IPO’s

Sea says Shopee was number one by GMV in the first half of the year for a region it calls “Greater Southeast Asia” – which oddly includes Taiwan, further to the north. But the IPO market is not the only one suffering from the tepid market. ( read original story ...)

Taiwan to set up NT$100 billion financing fund: president

Kaohsiung, Sept. 25 (CNA) Taiwan will set up a NT$100 billion (US$3.31 billion) fund to finance Taiwan's public construction cooperation with diplomatic allies and nations covered by the New Southbound Policy, President Tsai Ing-wen (蔡英文) said Monday. ( read original story ...)

Cathay Financial forecasts Taiwan’s 2018 GDP growth at 2%

Taipei, Sept. 25 (CNA) Cathay Financial Holding Co. (國泰金), one of Taiwan's leading financial holding companies, on Monday projected that the domestic economy will grow by 2 percent in 2018, slightly slower than its forecast growth for 2017. ( read original story ...)

July-August winning uniform invoice numbers released

Taipei, Sept. 25 (CNA) The winning number for the NT$10 million (US$338,000) special prize in the July-August uniform invoice lottery is 33612092, the Ministry of Finance (MOF) announced Monday. The prize must be claimed by Jan. 5, 2018, the ministry said ... ( read original story ...)