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 ...)
Singapore’s Sea Files For US$1 Billion IPO On The New York Stock Exchange
Singapore-headquartered, Southeast Asia-based Sea, formerly known as Garena, has filed for an IPO on the New York Stock Exchange ... Sea operates across Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, but derives most ... ( 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 ...)
Taiwan to invest over NT$1 billion annually in AI
Taipei, Sept. 25 (CNA) Taiwan intends to invest over NT$1 billion (US$33.1 billion) annually in the development of artificial intelligence (AI) and related talent, Science and Technology Minister Chen Liang-gee (陳良基) said on Monday. Speaking at a ... ( read original story ...)
Cross-strait journalism youth camp set to kick off
Taipei, Sept. 25 (CNA) The first class of the 2017 Citizen ... so that students can understand how to use technology that is readily available to the average person to create news output. The four-day camp will have three different cohorts, each with ... ( read original story ...)
ASIA MARKETS: Nikkei Asia300 Index Declines As Chinese Real-Estate Stocks Slump
iPhone assemblers Hon Hai Precision Industry slipped 2.8% and Pegatron Corp. dropped 4.4% in Taipei. Also in Taiwan, the smartphone's casing supplier Catcher Technology slumped 4.5. In Hong Kong, maker of iPhone cameras Cowell e Holdings dropped 9% and AAC ... ( read original story ...)
Breakingviews – Life could get choppy for Sea after $1 bln IPO
An IPO at this stage could make the fight to come harder ... half of the year for a region it calls “Greater Southeast Asia” – which oddly includes Taiwan, further to the north. For its part, Alibaba-backed rival Lazada says it was number one ... ( read original story ...)
Taiwan revealed as top destination for business travellers
Organized by Bureau of Foreign Trade, MOEA, and executed by TAITRA, the fourth “Asia Super Team” carried out an incentive travel destinations survey for Asian business travellers. The competition attracted over 4,000 business travellers from the eight ... ( read original story ...)
Top executives to be banned from multiple posts in Taiwan
The Financial Supervisory Commission in Taiwan unveiled a proposal that would ban top executives ... board director or general manager — which allow them to wield an influence over business decisions, the commission said. The change is widely regarded ... ( read original story ...)
Taiwan resident makes custom heels for cozy beauty
[Photo/IC] "Every woman deserves a great pair of shoes that takes them wherever they want to go." These are the words of Cai Yufeng, a Taiwan resident who has been making comfortable high heels for women for the past 20 years. Cai majored in shoe design at ... ( read original story ...)
taipei: citizenm hotel opening
citizenm has made its hotly anticipated foray into the far east, opening a towering property on the doorstep of ximendeng, a bustling area of taipei known for its appealing nightlife and shopping infrastructure. called citizenm taipei north gate – it's ... ( read original story ...)
Pakistan Can Learn From This Example: India’s Bullet Train; Success Or Failure?
The HSR covers almost the whole island from the capital Taipei to Tainan city. With a starting cost of $14 billion, the service was started in 2007. By 2014, the project was at the edge of bankruptcy with only 50% of the expected passenger traffic. ( read original story ...)
China’s Property Developers Drag Hang Seng Index Lower
Hong Kong's Hang Seng Index was dragged down 1% today, with Chinese property developer stocks among the worst ... dependent on Apple for almost 50% of its revenue, slipped 6.5%. Taiwan's benchmark Taiex, home to many Apple supply chain stocks, was 1.09% ... ( read original story ...)
Taiwan shares dive in morning session; HTC extends gains
Taiwan-based smartphone brand HTC Corp. (宏達電), however ... Under the deal, Google will obtain a non-exclusive license for HTC intellectual property, while some 2,000 HTC engineers will go to work for the U.S. company. Through HTC's ODM services ... ( read original story ...)
EMERGING MARKETS-Asian tech, property shares take emerging stocks to 2-wk low
Falls were led by bourses in Asia, where heavyweight Hong Kong tumbled 1.3 percent and Chinese mainland stocks fell 0.5 percent led by property firms after some cities imposed new housing curbs on the overheated market. Taiwan's index tumbled more than 1 ... ( read original story ...)
Singapore crowned best city of the future
Second place in the Asia-Pacific Cities of the Future overall was Tokyo, whose success is attributed to job creation in the telecommunications industry ... Tokyo came in third. Overall, Taipei was ranked sixth, ahead of Beijing, Sydney, Osaka and Kuala ... ( read original story ...)