Taiwan

Asian reform

In this speech given at a Wharton business school forum in Mumbai on 6 January, 2006, the governor of the Bank of Thailand, M R Pridiyathorn Devakula, argues that fast growing intra-regional trade between east Asian economies provides evidence that the…

Taiwan's 2004 in review

A combination of economic expansion, rising prices and negative real rates led Taiwan's central bank to shift its monetary policy stance and raise rates in 2004, writes the governor, Fai-nan Perng, in the annual report.

US Fed meets with Taiwan officials

Officials from the Federal Reserve are in Taiwan to visit the Ministry of Finance, the central bank and the Financial Supervisory Commission to exchange opinions about the government's financial reform and exchange rates, government officials said…

Taiwan cb deputy governor meets BoK's Park

Central Bank of China deputy governor Liang Fa-chin attended an international conference in South Korea, but did not discuss foreign exchange issues with Bank of Korea governor Park Seung, Economic Daily News reported, citing central bank governor Perng…

Central Bank of China name-change plan

Taiwan's Premier Yu Shyi-kun has said that the government will continue to push a proposal to change the names of state-owned enterprises, including the Central Bank of China, to include the word "Taiwan."

Taiwan central bank to establish TIBOR system

As part of its efforts to develop Taiwan into a regional financial centre, the Central Bank of China will move to revitalize the trading of various terms of interbank loans and establish Taipei Interbank Offered Rate (TIBOR), China Economic News Service…

CBC to leave currency to market forces

Taiwan's central bank is to leave the local currency to market forces while it closely monitors forex dealings for abnormal expectations about the currency's prospects, the Commercial Times reported, citing George Chou, director general of the forex…

US bank note experts to visit Taiwan

The Central Bank of China (CBC) has invited experts from the United States to help domestic banks dealing in foreign currency exchange to detect forged U.S. bills, CBC officials said on Monday 6 September.

Central Bank of China - Annual Report 2003

The Central Bank of China has published its Annual Report for the year ended 2003. Taiwan's economic performance experienced a slowdown in the first half of 2003, the report says, as concerns about the US-Iraq War and the outbreak of SARS in East Asia…

Taiwan combining regulators to bring in investors

Taiwan is combining its insurance, securities and banking regulators, reducing the watchdog role of the central bank and the Ministry of Finance, to help lure overseas investors and reduce conflicts of interest. The convergence of institutions is seen in…

Taiwan appoints new regulator chief

Taiwan has appointed Jaw Sheng Kong as chairman of the newly formed Financial Supervisory Commission. Kong, 48, is currently chairman of state-owned Taiwan Sugar Corp, said the Executive Yuan, the island's Cabinet.

Independence law for Central Bank of Taiwan

When passed into law, the amended Central Bank Act in Taiwan will define the central bank as "the national bank which exercises its duties independently as prescribed by the law," this article says. Important amendments to the Act include requiring the…

Taiwan markets jittery after President shot

Taiwan markets were nervous on Friday 19 March after President Chen Shui-bian survived an assassination attempt on the eve of a presidential election. The central bank said it would intervene to stabilise the currency where necessary.

Taiwan to relax ban on Chinese currency import

Taiwan's Ministry of Finance has said that travellers will not have to declare sums of 6,000 yuan or less which are brought into the country under new laws, according to a report by Associated Press. Travellers are currently banned from bringing China's…

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