Ever Set Industrial Co., Ltd. has worked on the production and promotion of hand tools for various purposes for over 30 years, ever since it was established in 1983. Underpinned by its core principle of satisfying every need of each buyer and end-user, the company insists on using only top-grade m

Taiwan's outstanding renminbi (RMB)-based deposits totaled some 293 billion RMB as of the end of July for a monthly increase of 288 million RMB or 0.1%, the lowest rise on record, according to Taiwan's central bank. Designated domestic banking units (DBUs) absorbed RMB deposits of 240.988 billio

Global uptrend in sales of new cars in 2013 has benefited the auto-parts industry in Taiwan, a global-scale production and supply base of aftermarket (AM) replacement items, while an increasing number of companies have been tapping international vehicle makers' supply chains as original equipment (

Regardless of the lower-than-expected earnings for the second quarter (Q2) of 2014, Hiwin Technology Co., Ltd. Chairman Eric Chuo remains sanguine about corporate sales in the second half (H2) of the year. The company, a major Taiwanese maker of precision components for machines and a global mak

More than 211,000 new cars were sold in Taiwan in the first half of 2014, a 19% increase year-on-year (YoY) and a record high for the period since 2006, according to Taiwan's Automotive Research & Testing Center (ARTC), the most important transportation-vehicle R&D and testing hub on the island.

Taiwan's in-bound international tourist arrivals rose 26.69% from a year earlier to some 4.8 million in the first half (H1) of 2014, the highest of its kind on record, according to the statistics released by Taiwan's Tourism Bureau. Chinese mainlanders led with 1.962 million, surging 38.45% from

Taiwan’s government-linked banks, including Mega International Commercial Bank, Bank of Taiwan (BOT) and First Bank, all posted 30%-plus total profits in the first half (H1) of the year contributed by branches in Hong Kong, with such percentages being the highest of its kind ever recorded. Mega’

Taiwan’s tax revenues in the first seven months totaled NT$1.19 trillion (US$39.67 billion), the highest of its kind for the same period, with 2014 revenues expected to exceed the goal by NT$30.3 billion (US$1.01 billion) as long as tax collections improve further in the remaining five months, acco

Assets held by offshore banking units (OBUs) of banks in Taiwan declined US$257 million from a month earlier to US$183.428 billion in June, the first monthly drop on record, according to Taiwan's central bank. Taiwan has 62 OBUs, of which 38 are operated by domestic banks and 24 by foreign banks

Ever since its inception in 1986, Kymyo Industrial Co. has dedicated itself to the development and production of air sanders and related air tools for professional uses such as auto manufacturing, auto repair, wooden furniture manufacturing and boatbuilding. Over the years, the company has built up

By STEVE CHUANG Taiwan's makers of plastic and rubber machinery, including blown film machines, have generally experienced a business slump so far this year mainly because of increasing rivalry from emerging competitors as well as sluggish corporate investment in fixed assets over the past few y

Taiwan Taoyuan International Airport (TTIA)saw passenger loading of some 16.7 million persons in the first half (H1) this year, up 13.1% from some 14.7 million of last year, with the growth in May being even higher at 21.74%, according to the statistics released by Taoyuan International Airport Co

With its biggest customer, Nike, likely to stock up aggressively in August to better cope with the U.S.’s simmering market for golf clubs, O-Ta Precision Industry Co., Ltd., a Taiwan-based contract manufacturer of golf clubs and heads, is likely to see the traditional September high season advance

Driven by the rise of low-cost carriers (LCCs) as well as aggressive promotions by Taiwan's airlines and travel agencies, the Taoyuan International Airport saw passenger traffic exceed 16.68 million people in the first half (H1) of the year for a 13.1% increase, compared to 14.75 million in the sam

Affected by shipment delays due to customers deferring new product launches, TPK Holding Co., Ltd., a Taiwan-based touch panel maker, is likely to see moderate performance in Q3 of this year, said its chief financial officer, Freddie Liu, at an investor conference held in late July. With Apple I

The Development Center for Biotechnology (DCB) of Taiwan, an R&D biotechnology body on the island, said that the Japan Pharmaceutical Manufacturers Association (JPMA) led a delegation to Taiwan to attend Bio Taiwan 2014, held July 23-27, for technical transfer of three new-drug development project

Thanks partly to the influx of international visitors attending Computex Taipei 2014 on June 3-6, the city's five-star hotels, including W Hotel Taipei, Le Meridien Taipei, Regent Taipei, Grand Hyatt Taipei, and Hotel Royal-Nikko Taipei, all witnessed thriving business in June. Le Meridien and W Ho

Worldwide sales of tablets (slate and 2-in-1 tablets) grew 11.0% year over year (YoY) in the second quarter of 2014 with shipments reaching 49.3 million units, according to International Data Corporation (IDC). Although shipments declined sequentially from the first quarter by 1.5%, the first-seen

Driven by better global business climate, Taiwan’s three leading footwear manufacturers, namely Pou Chen Corp., Feng Tay Enterprise Co., and Fulgent Sun International Holding Co., all reported promising results for the first half (H1) of the year and expect rosy performance in H2. In June alone

With consumers in North America and Europe spending increasing amounts of time in their gardens, the outlook for the garden tool and equipment market is bright. The shopping lists of gardeners, as well as for wholesalers and retailers wanting to take advantage of the business opportunities inher

The Taiwan Bicycle Exporters' Association (TBEA) recently said that weaker demand from the European Union (EU), the U.S. and China sapped Taiwan's assembled-bicycle exports in the first half (H1) of the year by 7.87% year-on-year (YoY), to about 1.74 million units, with the export value also plungi

Ever Set Industry Co., Ltd. has worked on the production and promotion of hand tools for various purposes for over 30 years, ever since it was established in 1983. Underpinned by its core principle of satisfying every need of each buyer and end-user, the company insists on using only top-grade m

With summer travel driving up passenger loading, Taiwan’s major airlines, China Airlines Ltd., EVA Airways Corp. and Transasia Airways Corp., all saw revenue take off in June. China Airlines, the one with the largest fleet on the island, scored revenue of NT$12.529 billion (US$417.63 million) in

Driven by rising demand from consumers in the U.S. and Europe, both of the major bicycle manufacturers in Taiwan posted double-digit growths in June revenues. Giant Manufacturing Co., Ltd., reportedly the world's largest maker of bicycles, registered revenue of NT$4.73 billion (US$157.6 million)

Taiwan Mobile Co., Ltd. remained the most profitable telecom carrier in Taiwan in the first half of this year. The company earned NT$3.06 per share in after-tax net income vs. Chunghwa Telecom Co., Ltd.’s NT$2.96 and Far EasTone Telecom Co., Ltd.’s NT$2.02. These earnings results topped the thre

Taiwan’s 15 financial holding companies (FHCs) posted after-tax profits of NT$161 billion (US$5.37 billion) in H1 for a sizable annual growth of 47% or NT$52 billion (US$1.73 billion), with 2014 profits expected to reach NT$300 billion (US$10 billion). Fubon Financial Holding Co. remained the mo

Thanks to increased shipments of large-sized (larger than 10-inch) products, the Innolux Display Corp., the largest maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, recently reported that its revenues soared 24% to NT$111.06 billion (US$3.7 billion) in the second qua

Fueled by strong market demand for industrial PCs worldwide, Taiwan’s Flytech Technology Co., Ltd. and Advantech Corporation both saw rosy performance in June. Flytech, the largest POS (point of sale) system provider by shipment on the island, scored consolidated revenue of NT$408 million (US$13

To help Taiwanese manufacturers, exporters and traders build business globally, CENS attended six overseas trade shows in June to promote product sourcing guides and help advertising clients build contacts. The six shows were Automechanika Middle East, Lightfair International, Guangzhou Interna

One of the most important factors transforming the global automotive industry is vehicle electrification. Electric vehicles (EVs) are rapidly driving up demand for lithium-ion power cells, and gradually eating market share of traditional internal combustion engine (ICE) counterparts. The advance