Taiwan Life also plans to invest NT$327 million to increase the capitalization of a PV power subsidiary of Gigastorage Corp., which already has over 30MW in PV power capacity. In March 2017, the Financial Supervisory Commission (FSC) began approving – on ... ( read original story ...)
Asia Stocks Rise, Paced by Technology Shares; HK, Taiwan Advance
Asia technology shares led gains while commodity producers paced declines after U.S. equities halted a six-day rally and bond yields rose. Hong Kong’s benchmark climbed while Taiwan stocks, which resumed trading after the Lunar New Year holiday, climbed ... ( read original story ...)
Hong Kong cosmetics retailer Sa Sa to close all stores in Taiwan
“The group’s performance in Taiwan has been persistently weak, and the possibility of improvement is low into the foreseeable future. Having considered the interests of the group and the shareholders, we decide to close our business in Taiwan so that ... ( read original story ...)
Acer expects to benefit from Philippines infrastructure construction
Taipei, Feb. 21 (CNA) Taiwan-based Acer Inc., one of the ... Jason Chen (陳俊聖) said he learned from recent conversations with the Philippine minister of finance, Carlos Dominguez, that the Southeast Asian country will raise its infrastructure ... ( read original story ...)
Business mediation proposed as answer to M503 flight route dispute
Taipei, Feb. 21 (CNA) A China-based Taiwanese businessman proposed ... said during a Lunar New Year gathering of more than 200 China-based business people that the cancellation of additional cross-strait flights during the Lunar New Year holiday by Chinese ... ( read original story ...)
Taichung trying to restore old city charm
But things seem to be changing under a government-led project since 2014 to revitalize ... and compared mud from 13 rivers across Taiwan. (Hsieh and his team collect mud from Lyu-Chuan. Photo courtesy of Taichung City Water Resources Bureau) A New Taipei ... ( read original story ...)
Taiwan looks south for Muslim tourist dollars
Mainland tourist numbers have slid dramatically as China relations deteriorate, with speculation authorities there are turning off the taps to pressure Taiwan's Beijing-sceptic government. Taiwan is now looking to boost relations with 16 south and ... ( read original story ...)
Will the U.S. Go to War With China Over Taiwan?
Warnings from Beijing to Tsai and the Taiwanese public came early and often. Zhang Zhijun, the head of the Taiwan Affairs Office, put it bluntly to a visiting Taiwanese business delegation in May 2016, just weeks after Tsai took office: “There is no ... ( read original story ...)
US risks retaliation with defence talks on Taiwan, Chinese analysts warn
The US-Taiwan Business Council, which has organised the conferences since 2002, said earlier this month that it “looks forward to working with the TW-DIDA [Taiwan Defence Industry Development Association] on a separate defence delegation and seminar in ... ( read original story ...)
Five Taiwan nationals arrested for telecom fraud in Malaysia
Bangkok, Feb. 20 (CNA) Thai police participated in the arrest of 11 suspects for cross-border telecommunication fraud, including five Taiwan nationals, in Kuala Lumpur, Malaysia, Tuesday in a joint operation with Malaysian police, a senior Thai tourist ... ( read original story ...)
Nanya Technology : ranks No. 4 DRAM supplier in Q4
Nanya Technology Corp., a Taiwan-based DRAM maker, retained its position as the world's fourth-largest supplier in the fourth quarter of last year, according to market information advisory firm TrendForce Corp. Due to the higher revenue in the fourth ... ( read original story ...)
Major loans in China finance, Indonesia, Taiwan
The second-largest Finance sector deal signed in China in 2018 YTD Zhejiang Zheshang Asset Management has signed a RMB 750 million facility through joint bookrunners and mandated lead arrangers Fubon Bank, KEB Hana Bank, and Nanyang Commercial Bank. ( read original story ...)
Evans Chamberlain Asset Management reports Ant Financial’s $100 billion valuation
TAIPEI, Taiwan, Feb. 15, 2018 /PRNewswire/ - Evans Chamberlain Asset Management have recently highlighted that Chinese Fintech firm Ant Financial Services Group, an affiliate of Alibaba, plans to raise money in a new round of financing that values the ... ( read original story ...)
Car liability insurance premiums to rise for drunk drivers
Taipei, Feb. 19 (CNA) Premiums for compulsory auto liability insurance will be increased by NT$3,600 (US$123.5) for every time a motorist is caught driving under the influence of alcohol, starting from March 1, according to Taiwan's Financial Supervisory ... ( read original story ...)
(OFFICIAL)–Itochu says to sell stake in Ting Hsin, buys TFCC share
TOKYO, Feb 15 (Reuters) - Japan's Itochu Corp said on Thursday it will sell its 17.8 percent stake in Ting Hsin International to the Chinese food processor for $440 million, and buy a 37.2 percent stake in Taipei Financial Center Corp (TFCC) from Ting Hsin ... ( read original story ...)
IOTA-Taipei Partnership Could Push IOTA Cryptocurrency Price Past $5
Industry 4.0. Tangle technology. Those are all the buzzwords that underpin IOTA cryptocurrency. We’ve long been bullish on this crypto for reasons discussed in our IOTA coin forecast. This time, however, it’s the latest IOTA-Taipei City partnership ... ( read original story ...)