The China Post
Date: July 23, 2017
By: The China Post with Business Today

This trader kept going even after losing every penny he had — eight times

TAIPEI, Taiwan — He came to Taipei alone at 17. He later started with futures trading, and at his peak held about 5 percent of all yen futures on the global market.

His name is Huang Yi-hsiung.

“Don’t deify me, please. Don’t mislead the readers and make them think it’s easy to make money in the financial market. In my experience, only two in every 10,000 can really profit from futures trading. The other 9,998 are all losing money. These are the real statistics,” Huang says

“What most people don’t know is that I’ve had my bank account wiped out eight times in my life.”

It is after recalling these devastating lows that Huang gives his first pertinent advice of the interview: “There is no shortcut…    [FULL  STORY]

Focus Taiwan
Date: 2017/07/20
By: Wei Shu and Evelyn Kao

Taipei, July 20 (CNA) Transactions involving residential and commercial properties in

Taiwan for the whole of this year could hit 260,000 units, as soaring sales in the first half of this year are expected to continue through the second half, real estate brokers said Thursday.

Combined transactions of residential and commercial properties in the country’s six special municipalities for June totaled 20,351 units, up 15.7 percent from a month earlier and up 19.1 percent from the same month of last year, the Chinese Association of Real Estate Brokers said, citing government statistics.

For the first six months, combined housing transactions in the six special municipalities totaled 99,000 units, up 20.7 percent year-on-year, while for the whole of the country, housing transactions were estimated at 125,000-128,000 units, up about 15 percent-18 percent from the same period of last year, according to the association.
[FULL  STORY]

DETAILED REVIEW:Committee members discussed only 17 of the amendment’s more than 80 articles, but managed to reach consensus on at least two issues

Taipei Times
Date: Jul 21, 2017
By: Lauly Li / Staff reporter

The Legislature’s Economics Committee yesterday failed to approve the first reading of

an amendment to the Mining Act (礦業法) and might resume the review in September at the earliest, as lawmakers disagreed with the Ministry of Economic Affairs over mining rights.

UNCERTAINTY

“We will likely have to select another date to resume the review after the new legislative session begins in September,” Democratic Progressive Party (DPP) Legislator Gao Jyh-peng (高志鵬), who serves as the committee convener, said before adjourning the meeting.

However, there are uncertainties on when to continue the review, as it would be up to the next legislative session’s committee convener to decide what draft bill reviews to prioritize.    [FULL  STORY]

Focus Taiwan
Date: 2017/07/20
By: Yang Shu-min and Evelyn Kao

Taipei, July 20 (CNA) The Taipei-based Chinese National Federation of Industries

(CNFI) issued a white paper on Thursday in which the business association warned of the deteriorating investment environment in Taiwan, raising 119 issues and making 272 proposals.

The white paper contains 10 sections covering industry development, energy policy, environmental safety and health policy, fair trade and relations with consumers, tax and finance policy, industrial relations and human resources, international economic and trade, cross-strait policy, intellectual property rights and youth policy.

The CNFI said it is regrettable that in the year since the new government took office in May last year, there has been no improvement in the investment environment facing local industries, which continue to face shortages of water, electricity, labor, land and talent.    [FULL  STORY]

Ministries rush to put papers in order for shipment to US

Taiwan News
Date: 2017/07/19
By: Matthew Strong, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – The planned August 25 launch of Taiwan’s first entirely

domestically developed satellite might have to be postponed as it was stopped from leaving the country for the United States by customs at Taiwan Taoyuan International Airport, reports said Wednesday.

The precise nature of the problem with FORMOSAT-5 (福爾摩沙衛星五號) was not clear according to media reports, but customs officers reportedly found fault with the documentation for the trip.

The satellite was scheduled to be loaded on board a China Airlines cargo plane at 10 p.m. Wednesday, with the departure time fixed at 11:50 p.m. Arrival at Los Angeles International Airport was scheduled for July 19, 9:30 p.m. local time, followed by a transfer to Vandenberg Air Force Base.

A Falcon 9 rocked supplied by Elon Musk’s SpaceX is to take the Taiwanese satellite into space on August 24 local time, or August 25, 2:50 a.m. Taiwan time.
[FULL  STORY]

Focus Taiwan
Date: 2017/07/19
By: Chen Cheng-wei and Christie Chen

Taipei, July 19 (CNA) Taiwan’s spending on research and development (R&D), adjusted

for purchasing power parity (PPP), totaled US$33.7 billion in 2015, the ninth highest among 42 countries and economies worldwide, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said Wednesday.

Citing data from the Organization for Economic Co-operation and Development (OECD), the DGBAS said Taiwan’s spending on R&D in 2015 was 3.6 percent higher than the previous year.

The amount in 2015 was 3.1 percent of Taiwan’s gross domestic product (GDP) and represented an average annual increase of 6.1 percent over the previous five years, the 13th highest among the 42 countries and economies, according to the DGBAS.
[FULL  STORY]

A deal for selling the Taiwan edition of Next Magazine is under review but can be blocked if sourced from a Chinese investor.

Taiwan News
Date: 2017/07/18
By: Juvina Lai, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – The sale of Next Magazine to a Hong Kong group needs

approval from the Taiwan government but could be rejected if funding is sourced from China.

On Monday, the Investment Commission confirmed the news of the new deal that is currently under the government’s review. Hong Kong-based Next Digital Ltd. wants to sell properties including the Hong Kong and the Taiwanese editions of Next Magazine to another Hong Kong-based media group.

Chu Ping (朱萍), a section chief of the commission, said that the Next Digital media group wants to sell its magazine assets in Taiwan, although the deal is under review it could be blocked if any Chinese investor is involved as the magazine is part of the local publishing industry.    [FULL  STORY]