Ralph's Feed
Aug 2, 2010

Key political risks to watch in Taiwan

TAIPEI, Aug 2 (Reuters) – The threat of military conflict
between Taipei and Beijing has faded, raising the appeal of
Taiwan for foreign investors, but sudden policy shifts and
fractious local politics could cool the investment climate.

Following is a summary of key Taiwan risks to watch:

* INTEREST RATE POLICY AND CAPITAL CONTROLS

Taiwan’s central bank raised interest rates in June for the
first time since the crisis, and is expected to hike them 12.5
to 25 basis points each quarter through to end-2011.
[ID:nSGE65N0D0]

Jul 27, 2010

LME eyes Taiwan warehouse, port says by end-2011

TAIPEI, July 27 (Reuters) – The London Metal Exchange will
apply late next year for a storage and shipping warehouse in
southern Taiwan, its fourth in Asia and the closest to mainland
China, the world’s top metals consumer.

The exchange picked the Taiwan city of Kaohsiung for its
warehouse during a visit in January and is expected to apply in
October 2011 after Kaohsiung’s port completes an appraisal, port
business development specialist Wang Yen-chao said on Tuesday.

Jul 16, 2010

Giant Taiwan petrochem plant may lose out to dolphins

TAIPEI (Reuters) – Taiwan’s CPC Corp may shelve a proposed $36 billion offshore refinery and petrochemical plant because of calls for expensive dolphin-protection measures, a top executive at the consortium developing the project said.

Kuokuang Petrochemical Technology Co, a consortium led by state-run oil refiner CPC, has applied to reclaim land in the Taiwan Strait for a 300,000 barrels per day refinery and a petrochemicals complex.

Jul 6, 2010

China signals OK for Taiwan FTAs -Taipei

TAIPEI (Reuters) – China has signalled it is finally willing to let Taiwan negotiate trade pacts with the outside world, a senior Taipei official said, a move that could give a major lift to the island’s economy.

China, which claims the self-ruled island as its own and seeks to stop it from doing any official business with foreign governments, had long used its diplomatic clout to block free trade agreements.

Jul 1, 2010

Key political risks to watch in Taiwan

TAIPEI, July 1 (Reuters) – The threat of military conflict
between Taipei and Beijing has faded, raising the appeal of
Taiwan for foreign investors, but sudden policy shifts and
fractious local politics could cool the investment climate.

Following is a summary of key Taiwan risks to watch:

* INTEREST RATE POLICY AND CAPITAL CONTROLS

Taiwan’s central raised interest rates in June for the
first time since the crisis, and is expected to hike them 12.5
to 25 basis points each quarter through to end-2011.
[ID:nSGE65N0D0]

Jun 30, 2010

Taiwan in the years after the China trade pact

TAIPEI (Reuters) – China and Taiwan signed a historic deal this week to boost $100 billion in two-way trade after decades of hostility, easing political ties while securing a place for the export-led island in the world economy.

The economic cooperation framework agreement (ECFA) lowers import tariffs on about 800 items with talks expected on thousands more. China is also hinting it will let Taiwan sign free trade agreements with other world economies.

Jun 29, 2010

Taiwan, China to sign historic trade deal

TAIPEI (Reuters) – China and Taiwan will sign a historic deal on Tuesday to give a major boost to trade after decades of hostility.

The euphoria, though, could start to fade quickly once the two move into the next, much tougher round of negotiations.

Jun 26, 2010

Thousands protest in Taiwan against China trade deal

TAIPEI (Reuters) – Tens of thousands of Taiwanese decried a landmark trade deal with rival China in a protest on Saturday that will not stop their government from signing the agreement to boost around $100 million in annual two-way trade.

Braving thunderstorms and rain, the demonstrators lambasted Taiwan’s pro-China President Ma Ying-jeou, whom they pledged to vote out of office if he sticks by the deal, set to be signed on Tuesday.

Jun 11, 2010

Taiwan ex-president’s life sentence cut to 20 years

TAIPEI (Reuters) – Taiwan’s High Court on Friday reduced the life sentence of former president Chen Shui-bian, a fiery advocate of the island’s independence from China, to 20 years on graft and money-laundering charges.

Analysts said the ruling could calm a divided public.

The ruling in Taiwan’s first criminal case against a former president scales back a lower court conviction last year on counts involving about $20 million that prosecutors say was illegally taken by Chen and his wife.

Jun 5, 2010

Taiwanese show guarded acceptance of China pact

TAIPEI (Reuters) – The low turnout at a demonstration in Taiwan on Saturday against a trade pact with China pointed to broad but guarded acceptance of the deal by the Taiwanese public.

The 10,000 who attended Saturday’s demonstration in the southern city of Kaohsiung, an opposition stronghold, fell far short of the 50,000 to 100,000 who rallied in previous years against overtures to Beijing by the China-friendly Taiwanese government.