Taipei, June 29, 2012 (CENS)--To counter the overheated realty market, the Taiwan government is adopting a strict policy to control financing to construction and housing operators, hence forcing domestic banks to focus on small and medium enterprises this year to tap better interest rates. As o

Taipei, June 29, 2012 (CENS)--The Taiwan-based Zeng Hsing Industrial Co., now the world’s leading manufacturer of household sewing machines, plans to build a new factory in Vietnam in the third quarter this year, which is slated for official run by the end of the third quarter of 2013 to expand the

Taipei, June 27, 2012 (CENS)--The first-year-premium (FYP) revenues scored by all the life insurance firms in Taiwan reached NT$ 486.1 billion (US$ 16.2 billion) in the first five months of this year, up 37% from a year earlier, according to the statistics released by the Life Insurance Association

Taipei, June 26, 2012 (CENS)--To enhance ROA (return on asset) and ROE (return on equity) rates, Taiwan’s three government-linked banks—Chang Hwa Bank, First Commercial Bank and Hua Nan Bank—plan to strengthen operations by diversifying marketing channels, expanding overseas businesses, lowering op

Taipei, June 20, 2012 (CENS)--Both Taiwan Semiconductor Manufacturing Co. (TSMC) and United Microelectronics Corp. (UMC) saw their revenues for May hit new highs of NT$44.1 billion (US$1.5 billion at US$1:NT$29) and NT$9.2 billion (US$317 million), respectively. TSMC, currently the world’s No.1

Taipei, June 15, 2012 (CENS)--Taiwan’s three leading golf equipment makers, namely, Advanced International Multitech Co., O-TA Precision Casting Co., and Dynamic Precision Casting Mfg., Co., all experienced a drop in revenues in May. Last month Advanced, O-TA, and Dynamic witnessed a month-on-mo

Taipei, Jun. 15, 2012 (CENS)--Taiwan Mobile Corp., a top-three telecom on the island, reported EPS (earnings per share) of NT$2.23 for the first five months, including NT$0.51 earned in May alone, to be the most profitable in the industry, according to the firm’s latest financial report, which also

Taipei, June 13, 2012 (CENS)--Fubon Financial Holding Co. scored after-tax profits of NT$1.88 billion (US$62.67 million) in May, bringing its total profits to NT$10.13 billion (US$337.67 million) in the first five months with earnings per share (EPS) of NT$1.12 (US$0.037), the highest among Taiwan’

Taipei, June 13, 2012 (CENS)--Affected by Taiwan’s sluggish exports to China, the machinery industry saw its exports for the first five months of this year edge down 0.1% from a year earlier to NT$244.8 billion, according to the latest statistics compiled by the Taiwan Association of Machinery Indu

Taipei, Jun. 12, 2012 (CENS)--With the global market for display panels slowly recovering, Taiwanese makers of such products and related parts are gradually recovering from severe downturns in the past months. DisplaySearch, a global display market researcher, issued its latest report indicating

Taipei, June 11, 2012 (CENS)--Ford Motor Co., the major American automaker, made its debut at the 2012 Taipei International Information Technology Show (Computex Taipei) held June 5-9 in Taipei by announcing its launch of its award-winning SYNC system in the new Focus. Ford also announced to bri

Taipei, Jun. 8, 2012 (CENS)--Impervious to a sluggish market caused by the stubborn EU debt crisis and economic slowdowns in China, Hiwin Technologies Corp., a leading maker of precision machinery components in Taiwan, saw its sales revenue break the NT$1 billion mark for the second consecutive mon

Taipei, June 7, 2012 (CENS)--many of Taiwan’s leading LED makers saw their revenues hit new highs in May. Chipmaker Epistar Inc. saw its May revenue hit one-year high of NT$1.65 billion (US$57 million at US$1: NT$29), an increase of 9.8% over NT$1.51 billion (US$52 million) recorded a month ear

Taipei, June 6, 2012 (CENS)--To carry out the “2012 Export Dragon Program” launched by Taiwan’s Ministry of Economic Affairs (MOEA) to boost export, the Taiwan External Trade Development Council (TAITRA) recently announced the invitation of 40 buyers from the Association of Southeast Asian Nations

Taipei, June 5, 2012 (CENS)--Ford Motor Co. and Microsoft Corp. yesterday co-promoted Microsoft’s SYNC in-car connectivity platforms embedded in latest Ford cars at Ford’s booth on the eve of the Computex Taipei 2012, highlighting the market potential of broadband-connectivity vehicle technologies.

Taipei, June 4, 2012 (CENS)--Taiwan’s exports to Singapore reached US$6.197 billion in the first four months, surpassing US$5.576 billon of exports to Japan and Singapore to become Taiwan’s third largest export outlet, according to the statistics released by the Bureau of Foreign Trade (BOFT). I

Taipei, May 31, 2012 (CENS)-- Taiwan scored 29th on the Enabling Trade Index (ETI) 2012 rankings, said recently the Council for Economic Planning and Development (CEPD), citing the statistics from the Enabling Trade Index Report released by the World Economic Forum (WEF). The CEPD stressed that Tai

Several major events in 2011 have given Taiwan's transportation equipment industry reasons to be hopeful for 2012. The Automotive Research & Testing Center (ARTC), the most important vehicle testing and R&D hub in Taiwan, reported on the following major events. New Car Sales in Taiwan up 15.5

This year’s Taiwan International Lighting Show (TILS 2012), held March 13-16 in Taipei and co-organized by the Taiwan External Trade Development Council (TAITRA) and Taiwan Lighting Fixture Export Association (TLFEA), saw the annual meetings of the Global Lighting Association (GLA) and Zhaga Consor

Taipei, May 23, 2012 (CENS)--The value of export orders received by Taiwan’s manufacturers and traders came to US$36.09 billion in April, lower than expected and down by US$2.28 billion or 5.95% from a month earlier, according to the statistics released by the Ministry of Economic Affairs (MOEA).

Taipei, May 23, 2012 (CENS)--Influenced by the debt crisis in Europe and credit default in U.S.A. as well as the Greece’s possible retreat from Eurozone, Taiwan’s exports of electric wheelchairs and scooters for handicapped in 2012 may be impacted; however, contact lenses and glucometers will be th

Demand for eco products such as solar panels tend to vary according to official policies and prices of fossil fuel, and the same applies to the LED lighting market, which last year took a downturn. But the sluggishness of such market in Taiwan has been gradually reversing with the currently US$100-

In Tsannkuen (Shzng Zhou) Enterprise Co., Ltd.’s booth at the Hong Kong International Lighting Fair (Spring Edition) 2012, staged Apr. 6-9, Panco Pan, general manager, introduced its line of proprietary LED lights: “These lights feature simple, slim design to maximize roominess in any living space

Taipei, May 21, 2012 (CENS)--Although Taiwan’s semiconductor industry saw its revenue for the first quarter of the year decline 3.1% from a quarter earlier, the industry is projected to see a substantial 14.3% quarter-on-quarter growth in the second quarter, according to market research organizatio

Taipei, May 21, 2012 (CENS)--To explore the freight market across Asia and Europe to sustain its business growth amid a faltering shipping industry, China Airlines Ltd. (CAL), one of Taiwan’s largest two airline companies, has opened a new freight route linking Taipei and Luxemburg via Kuala Lumpur

Taipei, May 18, 2012 (CENS)--Impervious to global economic doldrums, Taiwan’s machine tool industry saw its exports amount to US$1.36 billion in the past four months of this year, for a 12.4% growth compared to year ago, according to the latest statistics compiled by Taiwan Association of Machinery

Taipei, May 18, 2012 (CENS)--Due to seasonal factors, Taiwan’s communications industry saw its output value dive 6% year-on-year, or 14% quarter-on-quarter, to NT$309 billion in the first quarter of this year, according to the latest report authorized by the local market researcher, Industrial Econ

Taipei, May 17, 2012 (CENS)--Some 44,157 new powered two-wheelers (PTWs) were sold in Taiwan in April, up 3.7% from the same period of last year or YoY, according to data compiled by the Ministry of Transportation and Communications (MOTC), with sales of new PTWs totaling 181,731 units in the first

Taipei, May 17, 2012 (CENS)--Mainly compromised to rising worker wages, the Taiwan-based Hon Hai Precision Industry Co., Ltd., now the world’s largest contract manufacturer of electronic devices by output, saw its combined gross profit rate for the first quarter of this year dive to 6.64% from 8.89

Taipei, May 15, 2012 (CENS)--Fubon Financial Holding Co. posted pretax profits of NT$9.4 billion (US$313.33 million) or after-tax profits of NT$8.24 billion (US$274.67 million) in the first four months, with earnings per share (EPS) of NT$0.91 (US$0.03), the highest among Taiwan’s 12 financial hold