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Nua Nan Bank JCB LOVE TSCC Debit Card to be launched in Taiwan in August
The Japan Credit Bureau (JCB), in collaboration with Hua Nan Bank, has announced that it will launch the Nua Nan Bank JCB LOVE TSCC Debit Card in Taiwan in August. It is the first debit card that has an option to be equipped with TSCC, a contactless payment service which can be used as a fare card on trains and buses. The debit card will also be accepted at some shops and restaurants. In ...
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Eslite to open store in Shanghai
Taipei, June 19 (CNA) Eslite Spectrum Corp., the operator of Taiwan's leading book chain Eslite Bookstore, announced Wednesday that it would establish a foothold in Shanghai by 2015. Eslite signed a letter of intent with the developer of the Shanghai Tower, a 121-story, 632-meter skyscraper, to lease 6,500 square-meters of space in the building, which is expected to open in 2015. The ...
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MAC head upbeat on cross-Taiwan Strait office talks
China in each other's territory to process travel documents is moving in a positive direction, Mainland Affairs Minister Wang Yu-chi said Wednesday. "Mainland Chinese authorities have responded favorably to the proposal," Wang said on the sidelines of a public hearing on a bill that would allow the Chinese agency handling cross-Taiwan Strait engagements -- the Association for ...
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Large-sized flat panel shipments in June forecast to grow 2-3
Taipei, June 19 (CNA) Worldwide shipments of large-sized flat screens for June are expected to grow 2-3 percent from a month earlier as Chinese TV suppliers are offering discounts to stir up buying interest, a research report said Wednesday. In the report, WitsView, a panel research institute of Taipei-based TrendForce Corp., said that ...
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Taiwan ex-President Lee Teng-hui talks about leaving communist group
TAIPEI (Taiwan News) - Former President Lee Teng-hui said Wednesday he left a study association during his youth when he found out it had been taken over by communists. He made the confession to reporters during a visit to the Green Island human rights memorial Wednesday morning. During the Martial Law era, the authoritarian Kuomintang government often sent dissidents to a prison camp on the ...
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AirAsia AirAsia X clinch awards at World Airline Awards
The Skytrax World Airline Awards is the global benchmark of airline excellence and one of the most prestigious accolades for the airline industry. This annual global survey is conducted over a 10-month period, covering over 200 airlines from the largest international airlines to smaller domestic carriers and travelers from over 160 countries took part in ranking quality standards across more ...
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Scholars call for visitation rights for cross-strait offices
China in each others' territories so that detainees on either side are not left alone without assistance. The respective offices should be endowed with the right to deal with legal matters, visit people who have been arrested or detained on either side of the Taiwan Strait and provide emergency relief, Chen Te-sheng, a research fellow at the Institute of International Relations of National ...
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President hopes for early conclusion of talks with Philippines
Philippines , Ma said. "If things go smoothly, the dispute may be brought to an end early," Ma said while receiving the U.N. representatives of Belize, Tuvalu, El Salvador and Dominican Republic. "If the stalemate is allowed to continue, it will be unfavorable to the peace and security in the ...
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JDI CPT Innolux see increased orders for large-size panels from smartphone vendors say Taiwan makers
Japan Display (JDI), Chunghwa Picture Tubes (CPT) and Innolux are supplying 4.7-inch panels for China-based smartphone vendor Huawei Device, 5.8-inch panels for Samsung Electronics and 6.1-inch panels for Huawei respectively, with ordered volumes larger than originally expected due to booming sales, according to Taiwan-based supply chain ...
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Emerging solar market growth dominates Solar Taiwan 2013 forum
At Solar Taiwan 2013, the host, the Photonic Industry and Technology Development Association (PIDA), has invited solar firms such as SunEdison, Gintech, GCL-Poly, MEMC, and Motech to discuss opportunities in emerging solar markets and high conversion efficiency ...
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Taiwan vendors ODMs turn conservative about 2H13 notebook shipments
Taiwan-based notebook vendors and ODMs originally expected shipments in the first and second halves of 2013 to be in a ratio of 40:60 or 45:55, but have started turning conservative about their performances in the second half mainly because order visibility is shorter than originally expected, according to Taiwan-based supply chain ...
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US is Taiwan’s most important ally DPP leader
TAIPEI (Taiwan News) - The United States is Taiwan's and the opposition Democratic Progressive Party's most important ally, opposition leaders Su Tseng-chang said Wednesday. He made the statement during a report about his June 8-19 trip to ...
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Taiwan discovers new plant on Solomon Islands
Taipei, June 19 (CNA) A Taiwanese researcher studying biodiversity on the Solomon Islands said Wednesday that he has found a rare plant in the South Pacific country traditionally used in Chinese medicine. The discovery of Gastrodia solomonensis, which belongs to the orchid family and grows on rotting plants, could contribute to Taiwan's understanding of gastrodia, which is used to treat ...
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Local bourse little changed before end of Fed meeting
Taipei, June 19 (CNA) Shares in Taiwan closed flat in thin trading Wednesday as many investors remained sidelined before the U.S. Federal Reserve wrapped up a two-day policymaking meeting later in the day, dealers said. Due to the low trading volume, large-cap stocks in the high-tech sector were in the doldrums, while rotational buying in the old- economy sector lent some support to the broader ...
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Taiwanese fishing boat hit by unidentified merchant vessel
Taipei, June 19 (CNA) A Taiwanese fishing boat was hit by an unidentified merchant vessel off the port of Keelung Wednesday and was awaiting rescue, a fisherman's association said that day. The Suao Fishermen's Association in Yilan said the Suao-registered Feng Jung No. 106 was hit some 120 nautical miles off Keelung and was drifting at sea. The association said the crew of one ...
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Taiwan-made wine wins silver medal in French contest
Taipei, June 19 (CNA) A wine made in Taiwan has won a silver medal in a renowned French wine contest, a local agriculture official said Wednesday, adding that it is the first time a Taiwanese wine has won an international award. The Domaine Shu Sheng fortified wine Blanc 2005 won the Vinalies d'Argent medal at the Vinalies Internationales 2013, organized by the Union des Oenologues de ...
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Taipei pop music center begins construction
Taipei, June 19 (CNA) A groundbreaking ceremony was held Wednesday in Taipei to mark the start of construction of the Taipei Pop Music Center, which will serve as a base for the performance and promotion of Taiwanese pop music. ...
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Taiwan businesses still in dark about China services accord DPP
China agreement on service in trade to be signed in Shanghai Friday, the opposition Democratic Progressive Party said Wednesday. The Straits Exchange Foundation ...
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Taipei food show to be held next week
Taipei, June 19 (CNA) The annual Taipei International Food Show, one of the most important food exhibitions in Asia, will showcase a wide variety of food products and two cooking competitions when it is held next week, according to the organizers. The show will run from June 26 to 29 in Taipei, with some 1,500 local and foreign companies displaying their products, said the Taiwan External Trade ...
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While flagging free-market rules in the case of allowing Chinese tourism firms to set foot in Taiwan BOFT needs to heed what fa
China -based companies to provide tourism services in Taiwan, we are concerned about whether the three companies have been acting as free-market entities directly or indirectly free of official subsidies. This concern is based on the advice by The Economist that if investment ...
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Commercial Times Delay tax on IPO shares to encourage start-ups
The Legislative Yuan's recent effort to revise the capital gains tax on stock investments was stalemated due to differences over whether gains on shares bought in initial public offerings (IPO) should be subject to the tax. While opposition parties were in favor of postponing or abolishing the capital gains tax on IPOs, the ruling Kuomintang insisted on maintaining it. As a responsible ...
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Nanya Inotera shares jump on DRAM shortage projection
Taipei, June 19 (CNA) Shares of Nanya Technology Corp. and Inotera Memories Inc., two of Taiwan's leading dynamic random access memory (DRAM) chip makers, rose sharply Wednesday morning on a projection that the existing DRAM shortage will continue into 2015, dealers said. Local DRAM share prices also benefited from gains of almost 4 percent posted by U.S.-based DRAM supplier Micron ...
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Rain forecast as Tropical Storm Leepi approaches Taiwan
Taipei, June 19 (CNA) A tropical storm expected to sweep over waters east of Taiwan could bring rain to most parts of the country, the Central Weather Bureau said Wednesday. As of 8 a.m., Tropical Storm Leepi was centered 610 kilometers east-southeast of Taiwan's southernmost tip, moving in a north-northeasterly direction at a speed of 26 km per hour. Leepi is packing maximum sustained ...
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Taiwans export orders forecast to fall in May
Taipei, June 19 (CNA) The value of export orders received by companies in Taiwan will fall in May on an annual basis for the fourth straight month because of an economic slowdown ...
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U.S. House passes legislation backing Taiwans ICAO bid
Washington, June 18 (CNA) The U.S. House of Representatives passed a bill Tuesday in support of Taiwan's bid to participate in the International Civil Aviation Organization (ICAO), a United Nations specialized agency promoting safe and efficient travel. The bill calls for U.S. Secretary of State John Kerry to develop a strategy to help Taiwan obtain observer status at the next triennial ...
Taipei Focus
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Port of Taipei will greatly benefit the city
With the economic growth and development of Taiwan and its capital Taipei have come vast infrastructure challenges, not least of which is the ever-increasing demand for goods and services, which must be imported, requiring larger ports and in greater numbers.
Taiwan is a country that has experienced remarkable growth over the last several centuries since it broke away from the mainland politically and began operating as an independent country. The national capital, Taipei, has been at the centre of this growth, developing the country’s first mass transit system and spearheading economic development throughout the country. Read more
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