Taipei

Taiwan stocks dip 2.4 per cent, ending six-day rise

Taiwan stocks dip 2.4 per cent, ending six-day rise

Taiwan mobile phone sales to drop by nearly 10 per cent in 2009

Taiwan mobile phone sales to drop by nearly 10 per cent in 2009 Taipei  - Taiwan's mobile phone sales were forecast to drop 9.3 per cent in 2009 because of weakened replacement demand and an extended replacement cycle, an industry report said Wednesday.

Sales were estimated at 6.39 million units by Taiwan's Market Intelligence and Consulting Institute, which called 2009 a crucial year for Taiwan mobile phone operators in terms of strengthening their share in the mobile internet market.

Taiwan exports drop 35.7 per cent in March

Taiwan exports drop 35.7 per cent in March Taipei - Taiwan's exports dropped 35.7 per cent in March year-on-year as demand declined amid the global downturn, the Finance Ministry said Tuesday.

Exports slipped to 15.59 billion US dollars in March, down 8.65 billion US dollars, or 35.7 per cent, from a year earlier, registering a decline for the seventh straight month, the ministry said in a statement.

Taiwan minister identifies fishing vessel seized by Somali pirates

Taiwan minister identifies fishing vessel seized by Somali pirates Taipei  - Taiwan on Monday evening identified the Taiwanese fishing trawler which was hijacked by Somali pirates as the MV win Far 161.

Chang Yun-ping, head of the Foreign Ministry's Department of African Affairs, told a late-evening news conference that the ship had a crew of 30 when it was seized near the Seychelles islands.

Previous reports from the region had not yet identified the vessel, an 800-ton tuna trawler.

Taiwan's inflation drops to 0.15 per cent in March

Taiwan's inflation drops to 0.15 per cent in March Taipei - Taiwan's year-on-year inflation rate contracted for the second consecutive month to 0.15 per cent in March, due mainly to the fall in oil prices, the government's statistics agency said Monday.

"Compared with the same month last year, oil product prices in March dropped considerably, resulting in the general fall of consumer prices," said Wu Chao-ming, a spokesman of the Directorate General of Budget, Accounting and Statistics.

Taiwan scientist claims breakthrough in earthquake early warning

Taiwan scientist claims breakthrough in earthquake early warning Taipei  - A Taiwan scientist has made breakthrough in earthquake early warnings, allowing the public be warned 10 to 30 seconds before a major quake causes destruction, a newspaper said Monday.

The breakthrough was achieved by Wu Yi-min, associate professor in the Geophysics Department of the National Taiwan University. It can give the public more time to seek safety, as currently the quickest alert Taiwan's Seismological Observation Centre can give is
30 second after a quake has struck, the China Times said.

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