Proceeds from the IPO will be utilised to finance working capital needs in addition to debt repayment. The company plans to use ₹400 crore for debt repayment and ₹200 crore to meet its working capital ...
Taiwan on equal footing with US on trade: minister
Taiwan has been put on equal footing with the US regarding potential trade cooperation by the second round of negotiations under the US-Taiwan Initiative on 21st-Century Trade, Minister Without ...
Taiwan’s economy contracts for first time since 2016 as global demand for hi-tech exports cools
Gross domestic product declined 0.86 per cent in the October-to-December quarter from a year earlier, the first quarterly contraction in more than six years Looking ahead, analysts see a bumpy first ...
Taiwan’s Q4 GDP unexpectedly shrinks, weakest in 13 years
GDP fell 0.86% from the previous year, compared to 4.01% in the previous quarter. (Pixabay pic) TAIPEI: Taiwan’s trade-dependent economy unexpectedly contracted in the fourth quarter, putting in its ...
Taiwan records biggest economic contraction since 2009
Taiwan's economy shrank in the final quarter of 2022, the government said Wednesday, in the island's worst quarterly contraction since it was hammed by the global financial crisis in late 2009.
Taiwan Q4 GDP unexpectedly shrinks, worst performance in 13 years
Taiwan's trade-dependent economy unexpectedly contracted in the fourth quarter, putting in its worst performance in 13 years, hit by a drop in exports on slowing global tech demand and COVID-related ...
NHI data might have gone to China: report
Evidence indicates that data allegedly leaked from the National Health Insurance Administration (NHIA) might have been given to China, media reported yesterday as prosecutors and the agency continued ...
TSMC foots the bill for global chip supremacy
It's expensive being the world's dominant chipmaker. Taiwan Semiconductor Manufacturing on Thursday reported a bumper end to 2022, with December quarter earnings up a blistering 78% year-on-year to a ...
10 events that shook the financial world in 2022—according to OctaFX
KUALA LUMPUR, MALAYSIA - Media OutReach - 10 January 2023 - The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the ...
Janet Yellen to meet Chinese finance minister in Zurich this week
US Treasury secretary Janet Yellen will meet her Chinese counterpart Liu He in Zurich this week, in a surprise move that signals Washington and Beijing’s commitment to improving ties between the two ...
Taiwan chip exports jumped 18.4% last year as US sanctions crushed China’s imports
As per Bloomberg, the Taiwan Ministry of Finance announced that its export of IC chips rose 18.4% from a year earlier, continuing a trend that has ...
Taiwan chipmaker UMC imposes strict cost controls over weak demand
Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of pain facing the tech ...
POSIFLEX Expands Success in POS with Superior Supply Chain Resilience
As one of the world’s top five electronic Point of Sale (POS) system suppliers, Posiflex Technology is wrapping up a particularly banner year for 2022, benefiting from vigorous refurbishments in ...
WTW appoints Tony Yen as Head of Taiwan
WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the appointment of Tony Yen as Head of Taiwan, effective 1 January 2023. Tony succeeds Charles Wang who ...
Taiwan still semiconductor leader as chip exports surge 18.4% in 2022
Taiwan’s heft in the industry rests on the output of giants like TSMC, which has more than half of global market share. Read more at straitstimes.com.
Chunghwa Express workers might go on strike
The Chunghwa Express Co employees’ union said it might go on strike before the Lunar New Year holiday, due to a salary dispute, after a vote on possible labor action passed on Saturday. The company, ...