Taiwan’s exports to China from January to April surpassed 30 percent of the country’s total exports, recording US$26.09 billion and representing a rise of 20.3 percent year-on-year, according to the latest cross-Taiwan Strait trade report recently released by the Bureau of Foreign Trade (BOFT).
The bureau’s monthly report indicates intensified trade relations across the Taiwan Strait [...]
The Central Bank of the Republic of China (CBC) has released its first financial stability report, which covers the financial situation in 2007, with future reports to be released every six months.
The report is part of the central bank’s efforts to join a global trend in issuing such reports, it said in a statement Friday.
Tags: [...]
The government has no plan to ease current restrictions on China investment by Taiwan chipmakers, Vice Minister of Economic Affairs Shih Yen-shiang said yesterday.
Shih made the remarks during a meeting with a group of opposition Democratic Progressive Party legislators.
Tags: investment, Semiconductor
Chunghwa Telecom Co. (CHT), Taiwan’s largest telecommunications and Internet service provider, announced Friday it plans to set up wholly-owned subsidiaries in Japan and Singapore.
According to the company’s annual report, its Board of Directors has approved the plan. Capital of NT$1.2 billion has already been infused into each of the new subsidiaries, which are scheduled to [...]
Jiangxi Copper Co Ltd, China’s second-largest copper producer, has announced an agreement with state-owned construction company China Metallurgical Group Corp (CMGC) to jointly set up a mining company in Afghanistan.
Development of Afghanistan’s Aynak copper mine would involve a total investment of US$4.39 billion, of which Jiangxi Copper and China Metallurgical will contribute 30% and the [...]
The Royal Bank of Scotland Group (RBS), one of the largest banking and insurance holding companies in the UK, has won approval from Chinese banking regulators to acquire a nearly 20% stake in Suzhou Trust Co. It is to expand its corporate banking and wealth management services in China, sources reported.
Suzhou Trust will issue new [...]
