 |
 |
Taiwan will not cut interest rates to a zero level, Central Bank Governor Perng Fai-nan told lawmakers on Monday, predicting the economy will bottom out around the middle of next year.
Taiwan’s Central Bank has been cutting interest rates in line with its overseas counterparts in an effort to ward off the worst of the global [...]
Despite the recent global economic recession causing consumer demand to wane worldwide, Taiwan’s Asus and Acer, both world-caliber brands of notebook PCs, still posted shining sales of the related products during the Christmas shopping season.According to the latest list of 15 most popular notebook PC models by sales volume during the Christmas shopping season released [...]
After the expiration of the Statute for Industrial Upgrading at the end of 2009, four functional tax incentives will still be available, said the tax reform committee of the Executive Yuan (the Cabinet) on Monday. The committee also resolved to cut business income tax to 20%, down from 25% now, thereby granting NT$80.8 billion of [...]
Harvatek Inc., a leading manufacturer of surface-mounted chip LEDs in Taiwan, recently said it would start an automotive-LED partnership with Osram in 2009 after two years of effort.Company chairman Billy Wang pointed out that Osram would place trial-orders with Harvatek in 2009, showing confirmation from the globally-leading Osram though initial orders would be small. Wang [...]
In November, global shipments of thin film transistor-liquid crystal display (TFT-LCD) panels declined 21% from previous month (MoM) and 25% (YoY) from a year earlier to 28.5 million units, the lowest monthly level since May 2007, according to DisplaySearch, the worldwide leader in flat panel display (FPD) market research and consulting.November revenue for large-area TFT-LCD [...]
To cope with the global economic downturn, Taiwan’s major textile manufacturers, including Makalot Industrial Co., Tainan Enterprises Co., and Nien Hsing Textile Co., have recently downsized or decided to cut back overseas operations.Makalot has seen the first sharp fall in profits this year. In the first 11 months, the company raked in revenues of NT$12.4 [...]
Taipei, Dec. 30 (CNA) Prices on Taipei’s stock futures market were higher Tuesday, with the Taiwan Stock Exchange Capitalization Weighted Index for January advancing 177 points to end at 4,565 with 71,659 contract transactions. TAIEX Index futures for February gained 172 [...]
Taipei, Dec. 30 (CNA) Taiwan’s share prices surged Tuesday, with the weighted index, the market’s key barometer, moving up 172.88 points to close at 4,589.04. Rebounding from losses the previous day, the local bourse opened at its low of [...]
Taipei, Dec. 30 (CNA) The U.S. dollar lost ground against the New Taiwan dollar on the Taipei Foreign Exchange Tuesday, falling NT$0.135 to close at NT$32.865. A total of US$900 million changed hands during the day’s trading. The U.S. [...]
Taipei, Dec. 30 (CNA) Premier Liu Chao-shiuan voiced confidence in Taiwan’s future Tuesday and pledged to effectively sharpen the country’s competitive edge and use well-crafted policies to make it a front runner to embrace a global economic recovery. Despite the many challenging tasks arising from [...]
Taiwan Today – In the News
