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Tuesday, November 24, 2015
Taipei hosts global leaders in advertising at AdAsia
The heads of leading advertising companies in Asia gathered in Taipei's Marriott Hotel yesterday for AdAsia, one of the largest international conferences in the advertising industry.
Unemployment in Taiwan rose by 0.01 percentage points in October to 3.9 percent, the lowest level for the month in 15 years, according to government figures released Monday.
Taiwan shares closed up 20.28 points, or 0.24 percent, at 8,485.73 Monday on thin turnover thanks to a rebound led by plastics and chemicals issues.
The face value of the gold reserves held by the central bank has dropped by nearly NT$380 billion (US$11.68 billion) amid falling global gold prices, but the nation's foreign exchange reserves remain at a record high.
The average monthly wages of workers rose 3 percent in the first nine months of this year from a year earlier, partially reflecting an increase in year-end and performance bonuses, according to government statistics released Monday.
Taiwan's Gogoro Inc., the maker of so-called "Tesla of scooters," launched a battery-swapping station at a convenience store chain in Taiwan on Monday for the first time.
The signing on Sunday by the leaders of the 10 Southeast Asian countries of the Kuala Lumpur Declaration on the formation of the ASEAN Community by Dec. 31 should not be misconstrued as the culmination of the process of economic integration in the region. It is only the beginning and remains a work in progress.
Foreign investors in Thailand affected by state officials seeking bribes now have more channels to seek recourse after the Public Sector Anti-Corruption Commission set up a center to accept complaints.
Monday, November 23, 2015
SE Asia creates Economic Community
Thirteen years after the idea was mooted, Southeast Asian leaders on Sunday formally created a unified economic community in a region more populous and diverse than the European Union or North America, and with hopes of competing with China and India.
The mainland Chinese economy has shown signs of sharp declines in 2015, and the trend is expected to continue in 2016, with the growth rate forecast at 6.6 percent, according to a report published by Renmin University of China Sunday.
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