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Latest Taiwan Economy News

  • Star Cruises once again wins the best brands in leisure & hospitality in the brand laureate awards 6 Jul 2008 16:30 GMT
    ... have made significant contributions to the Malaysian economy. A total of 80 awards under different categories ... , SuperStar Aquarius (ex-Singapore) and SuperStar Libra (ex-Taiwan) were well received by holiday-makers from Asia ...

  • Japan businesses look to Viet Nam 6 Jul 2008 16:15 GMT
    ... country’s prospects despite the fact that its economy was facing several difficulties at the moment. ... poured US$9 billion in foreign direct investment (FDI) in Viet Nam, which is a little ... made by Republic of Korea, Singapore and Taiwan but the country tops others in terms ...

  • The slowdown impact 6 Jul 2008 15:56 GMT
    ... Asian nations such as Vietnam, Pakistan and Taiwan may boost their sagging stock markets by using ... by the global economic decline and accelerating inflation, stock investors represent a distinct minority. Also, ... market's free float is 110 percent of GDP, while France's is 57 percent. By contrast, ...

  • Two cruise lines plan Taiwan Strait services 6 Jul 2008 12:51 GMT
    ... Taipei - Two international cruise lines, encouraged by Taiwan's new air links with China, plan to ... links with China to improve the island's economy and to ease tension with China. ...

  • Tibetan 'freedom torch' reaches peak of Taiwan's tallest mountain 6 Jul 2008 10:31 GMT
    ... The IHT's managing editor, Alison Smale, analyzes European and ... Arroyo, on politics, security, corruption and the economy. ...

  • Lien Chan hails cross-Straits weekend flights 6 Jul 2008 09:31 GMT
    ... of the weekend charter flights across the Taiwan Straits. KMT honorary chairman Lien Chan says ... (C) and his wife Lien Fang-yu, in Taipei of southeast China's Taiwan Province July 5, ... both sides by stimulating consumption and the economy in Taiwan, while improving mutual understanding. Lien ...

  • Asia's exporters suffering as global demand weakens 6 Jul 2008 09:15 GMT
    ... sacrifice growth to combat food- and oil-based inflation and with Europe no longer taking up ... as high gasoline prices and a sluggish economy cut into demand. Deutsche Bank estimates some ... balances -- such as Samsung Electronics or Taiwan Semiconductor Manufacturing Corp -- will fare better ...

  • » China, Taiwan tension thaws 6 Jul 2008 08:13 GMT
    ... Mainland Chinese tourists flew out for Taiwan early Friday on the first regular direct ... to arrive at Taoyuan international airport outside Taipei at 8.10 am, the report added. "I ... give a much-needed boost to Taiwan's sluggish economy. China still sees Taiwan as part of ...

  • Some Oregonians are paid to be up all night 6 Jul 2008 08:13 GMT
    ... Some Oregonians are paid to be up all night ... ain't. Dealing with sister department offices in Taipei and Tokyo, and contractors in Seoul, Shanghai ... Olsen, said the rise of the global economy has increasingly shifted Americans' work lives around ...

  • Peso drops on inflation; Korean won dips 6 Jul 2008 06:52 GMT
    ... Peso drops on inflation; Korean won dips Published: Sunday, 6 July, ... Wednesday, the weakest since January 24. Elsewhere, Taiwan’s dollar was at NT$30.401 from NT$30.388 last ...

  • Return of Asia currency crisis unlikely 6 Jul 2008 06:16 GMT
    ... central banks not doing enough to combat inflation. Many emerging Asian economies are facing balance ... Central banks in Indonesia, India, the Philippines, Taiwan and Vietnam have raised interest rates this ... region’s emerging nations while raising inflation “No economy, no region can be decoupled from the ...

  • Direct flights should lead to warmer cross-Strait ties 6 Jul 2008 03:51 GMT
    ... promised to ease investment restrictions to boost Taiwanese industries' competitiveness. Tens of thousands of Taiwanese ... NT$60 billion (US$2 billion) to the Taiwan economy and give birth to 40,000 jobs per year. ...

  • KMT chairman proud of cross-strait flights 6 Jul 2008 03:14 GMT
    ... Nanjing, Shanghai, Xiamen and Guangzhou, landed in Taiwan Friday directly aboard the weekend charter flights ... sides and help give momentum to Taiwan's economy, according to Lien. "As long as both Taiwan ...

  • Asian arms race overstated: thinktank 6 Jul 2008 02:14 GMT
    ... actually spending less in terms of their GDP (Gross Domestic Product) today than they were in ... would not beat China's navy in the Taiwan Straits. How significant a crossover is that? ...

  • * Lien says direct flights a source of pride for Chinese 5 Jul 2008 19:13 GMT
    ... the first group of Chinese tourists in Taiwan could promote peaceful cross-strait development and make ... at the Grand Formosa Regent Hotel in Taipei to welcome China¡¦s Cross-Strait Tourism Association chairman ... tourists to visit Taiwan would stimulate the economy on both sides of the Strait. Shao¡¦s ...

  • Hope for some solution from the oil summit 5 Jul 2008 18:13 GMT
    ... oil subsidies, while Indonesia, India, Malaysia and Taiwan have already done so. Some economists argue ... of a global recession and fuel the inflation that damages every economy. We hope, therefore, that today's summit can ...

  • Oil prices edge higher 5 Jul 2008 18:13 GMT
    ... announcement yesterday. Experts have said China's booming economy has up to now been a key ... Indonesia by around 29 per cent, while Taiwan and India have also raised energy costs. ... threat to world economic growth, as higher inflation leads central banks to raise interest rates. ...

  • Direct flights between China-Taiwan begin 5 Jul 2008 13:30 GMT
    ... rumbling warplanes over the skies of the Taiwan Strait, and relations between the two sides ... touched down at Sungshan airport in downtown Taipei, which opened to international traffic for the ... Taiwan's wish to stimulate the island's sluggish economy with tourism revenue from China. The steps ...

  • Taiwan media, business people welcome charter flights, mainland tourists 5 Jul 2008 13:30 GMT
    ... Taiwan media, business people welcome charter flights, mainland ... business people welcome charter flights, mainland tourists TAIPEI, July 5 (Xinhua) -- Taiwan media and ... across the Taiwan Strait and for the economy. The event made headlines such as "We ...

  • In sign of warming ties, China resumes direct flights to Taiwan 5 Jul 2008 12:15 GMT
    ... the result of diplomatic efforts by new Taiwanese President Ma Ying-jeou, is aimed at warming ... touched down at Sungshan airport in downtown Taipei, which opened to international traffic for the ... Taiwan's wish to stimulate the island's sluggish economy with tourism revenue from China. The steps ...

  • 3 Asian stock markets plan billions to fight volatility: report 5 Jul 2008 12:14 GMT
    ... (TAIPEI) Taiwan, Vietnam and Pakistan are poised to inject ... 1991 when prices halved after the 'bubble economy' burst. Interventions continued for several years, but ...

  • LG Display Q2 seen surging but LCD outlook dimmer 5 Jul 2008 10:15 GMT
    ... (034220.KS: Quote, Profile, Research) and two smaller Taiwanese rivals are set to post profits for ... buying large-size TVs because of the weak economy." Analysts had widely expected a downturn to hit ...

  • KMT honorary chairman hails weekend charter flights, mainland tourist trips 5 Jul 2008 08:29 GMT
    ... charter flights carrying mainland tourists across the Taiwan Straits contributed to the peaceful development of ... on both sides, stimulating consumption and the economy in Taiwan, while improving mutual understanding, said ... 40 minutes to fly from Beijing to Taipei. It would have taken two hours less ...

  • Living a simple and thrifty life 5 Jul 2008 05:23 GMT
    ... There is a growing awareness among the Taiwan public that adopting a new lifestyle is ... a new lifestyle is necessary to combat inflation and keep the wolf from the door. ... of the MRT system in the Greater Taipei region has increased. Taipei Mayor Hau Lung-bin's policy ...

  • Currency Intervention Won't Halt the U.S. Dollar's Nosedive 5 Jul 2008 04:33 GMT
    ... so? The ECB is already concerned about inflation and is . Intervention to support the ... the U.S. central bank has held this economy's benchmark interest rate at the ridiculously low ... and Russia has $550 billion. India and Taiwan each have about $300 billion. Singapore, a ...


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