Thursday, March 6, 2014
The central bank said on Tuesday that the United States Federal Reserve's tapering off of its quantitative easing (QE) program has had less of an impact on Taiwan than on other emerging economies, according to the Central News Agency (CNA).
The Council of Agriculture (COA) dispatched investigators to southern markets in Taiwan to probe the recent increase in pork prices yesterday, stating that should figures continue to increase, the possibility of illegal markups and attempted monopolization will increase, possibly necessitating the involvement of the Fair Trade Commission (FTC).
Regulators and industry representatives yesterday staged an opening ceremony marking the commencement of financial services operations in the Free Economic Pilot Zones (FEPZ) program.
Taiwan High Speed Rail Co. (THSR) Chairman Ou Chin-der (歐晉德) yesterday tendered his resignation, saying he takes responsibility for glitches in THSR's train service and unwelcomed ticket price hikes.
Price-conscious buyers looking to get their hands on the US$25 smartphone running Mozilla Corp.'s Firefox mobile operating system may be disappointed to hear that it is unlikely to hit the market this year, according to analysts in Taiwan.
Andy Lew (盧冠群), Taiwan manager of Star Cruises, has criticized the progression of the government to loosen visa regulations for cruisers to be sluggish, depriving the country itself of tourism opportunities which looks to benefit the local economy.1 Comment
Global personal computer shipments are expected to fall by an annual 6.1 percent in 2014 as demand in emerging markets weakens, according to PC market tracker International Data Corp. (IDC).
The consumer price index (CPI) in February was pegged at 102.85, down 0.4 percent from January and 0.05 percent from a year ago, according to a report released by the Directorate-General of Budget, Accounting and Statistics (DGBAS) yesterday.
In light of the Cabinet's proposed plans to raise the business tax on financial services from the current 2 percent back to the pre-2008 global financial crisis rate of 5 percent, lawmakers yesterday demanded the eight state-run banks not lay the impending burdens on consumers.
Taiwan's foreign exchange reserves hit a record high of US$417.98 billion at end of February, the Central Bank said Wednesday.