Taiwan's central bank held its benchmark interest rates steady in a bid to support Taiwan's budding recovery on Thursday (25 September), and it pledged to defend the stability of the local currency.
Taiwan's exports and imports were both weaker-than-expected in July, casting a shadow over the peak pre-Christmas orders season as exports to the United States, Hong Kong and Japan all declined.
Former Premier Vincent Siew will make several proposals to President Chen Shui-bian today, with the focus on economic and financial development.
Taiwan has always been a breeding ground for economic growth and innovation.
The Industrial Bank of Taiwan, (IBT), announced yesterday that it is to provide a factoring service.
The Chailease Finance Cooperation, Taiwan’s market leader in international factoring, today announced they are relocating to new premises.
From 29 April 2002 the company’s address will be:
The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business with nations in the Middle East region due to higher business risks
The Ministry of Finance has issued a green light for the 'big-three' commercial banks--First Commercial Bank, Hua Nan Commercial Bank and Chang Hwa Commercial Bank--to launch banking services across the Taiwan Strait, MOF officials said yesterday
The Ministry of Finance announced on 1 August a set of draft rules governing the management of mutual trust funds, paving the way for local investment and trust companies to organize mutual trust funds for equity investments.
Taiwan-based Bank Sinopac launched a website--MMAb2b.com to provide factoring service for enterprises in August 2000.
