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Taiwan - Latest News/Current Events, Economic Overview & Trade Relations

AEI | Quick Facts about Taiwan

Official Name Taiwan
Capital Taipei
Location Eastern Asia, islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China
Area total: 35,980 sq km land: 32,260 sq km water: 3,720 sq km note: includes the Pescadores, Matsu, and Quemoy
Climate tropical; marine; rainy season during southwest monsoon (June to August); cloudiness is persistent and extensive all year
Terrain eastern two-thirds mostly rugged mountains; flat to gently rolling plains in west
Taiwan
Taiwan

KGI Securities To Acquire Taishin Financial Holding Co.

KGI in May said it will buy Taishin's brokerage unit for NT$29 billion. The acquisition will take its market share to 8.34 percent, making it the island's second-largest brokerage after Yuanta Securities, according to the company and data from the Taiwan…

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Taiwan

Taiwan Gets Investment from China

Taiwan will allow investment from mainland China in 100 industries and projects, helping the island's economy to benefit from the warmest cross-strait relations in 60 years. Taiwan will open up 64 sectors in manufacturing, 25 in services and 11 public…

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Taiwan

Taiwan's Credit Rating Cut to Negative

Taiwan's long-term credit rating outlook was cut to negative from stable by Standard & Poor's Ratings Services, which cited concern about the island's government debt burden and banking system.

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Taiwan

Uncertainty in Taiwan's Economic Future

Despite signs of improvements in Taiwanese exports, forecasted GDP growth has been declining since the start of 2008. First-quarter statistics for 2009 are expected nevertheless to show sharp overall declines. Export orders in the second quarter are…

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Taiwan

Taiwan exports fall for sixth straight month

Taiwanese exports fell 28.6% in February to $12.59 billion.

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Taiwan

Taiwan, Philippines Sign Four Agreements

Taiwan and the Philippines recently signed four trade and investment agreements during a Joint Economic Conference.

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