business operations 結果共9筆

The Body Shop Taiwan declares independence from its British subsidiary following the latter’s administration announcement. The strategic change in the UK is not expected to impact the operations of the Taiwan branch, which will continue business as usual. Consumers’ rights and interests will remain unaffected.

Formosa Plastics Corporation will invest NT＄318.03 million into Formosa Heavy Industries to expand its business operations. The corporation plans to spend NT＄59.58 million on two designation projects and two initiatives to upgrade manufacturing processes. The decision is a response to the impact of China’s ＂Refining-chemical integration＂ endeavor, which has caused a dip in demand for petrochemicals and plastics. By enhancing equipment, Formosa Plastics aims to increase carbon fiber and PVC production capabilities, anticipating a positive market boost. Despite reduced shipping days during the Lunar New Year, the company projects a seasonally high-demand period post-Lunar New Year. With lower inflation in Western countries and growing consumer confidence, the market is expected to warm up.

Taiwan’s investment in China has reached its lowest point in a decade, making up just over 10% of the island’s total overseas direct investment, according to a report by Nikkei Asia. Recent official data from Taiwan reveals that foreign direct investments surged by 87% to reach $257 billion through November this year. However, investments in China plummeted by 34% to only $29 billion, representing a mere 12% of the total. Since 2010, Taiwanese investments in China have been steadily declining and are projected to drop below the lowest point recorded since 1999. In contrast, investments in the United States have increased ninefold to $96 billion, accounting for around 37% of the total outbound direct investment. Additionally, Taiwan’s direct investment in Germany has soared 25-fold to $39 billion, largely driven by the operations of Taiwan Semiconductor Manufacturing Company. Sun Ming-te, Director of the Business Development and Research Center at the Taiwan Institute of Economic Research (TIER), predicts that if tensions between the United States and China persist, Taiwan’s investment in China will continue to decline.

The Environmental Protection Department of the New Taipei City Government is taking action to address ongoing oil pollution on the North Coast. Citizens have reported crude oil contamination in coastal areas since December 4, possibly linked to unidentified crude oil pollution on Green Island in Taitung. The department has swiftly implemented cleanup operations, but sporadic incidents caused by ocean currents require continued efforts. Upon receiving pollution reports, the department collaborated with local fishery associations, the Inspection Office, and the Coast Guard Administration’s Coastal Patrol Squad. They transported necessary resources, such as oil-absorbent cotton pads and ropes, to polluted sites. Non-governmental units, including local business owners and volunteer groups like the Azure Alliance in Taiwan, actively participated in preventing the spread of oil pollution. A total of 58 response team members, 32 coastal patrol personnel, and numerous volunteers have been involved in the cleanup efforts.

StarLux Airlines has announced that it will begin direct flights between Taichung and Macao starting March 31, 2023. The new route will have a weekly availability of eight round trips and will utilize the A321neo model aircraft, offering 188 seats. In addition to Macao, StarLux plans to expand its operations from Taichung International Airport to other cities, including Đà Nẵng and Takamatsu, in 2024. The airline also recently started selling tickets for its Taipei-Hakodate route, which is scheduled to launch on Feb. 1, 2024. With these new routes, StarLux aims to provide a fresh flight experience for the central region of Taiwan.

Aerospace Industrial Development Corporation (AIDC) President Ma Wan-june announced that the company’s revenue reached NT＄35.8 billion by the end of November 2023. Ma predicts that AIDC’s operations in commercial aviation, defense, and technological services will surpass this year’s figures in 2024. The rebound of the commercial aircraft business has led to a global shortage of aviation parts, benefiting AIDC as it continues to receive inquiries from aviation giants such as Boeing and Airbus. AIDC is also on track to deliver 18 Brave Eagle advanced jet trainers in 2024, indicating strong performance in the military sector. The company met its annual goal by delivering the last four Brave Eagle jets on Tuesday, totaling 17 aircraft deliveries for the year.

Taiwanese distributor Hotai Motor, responsible for TOYOTA and LEXUS, reported a backlog of around 23,400 orders during an earnings call on Dec. 8. Despite an expected slight decrease in sales volume, the outlook remains optimistic. Hotai Motor dominates Taiwan’s auto market with a 33.3% share, as TOYOTA and LEXUS sold a combined total of 144,522 vehicles from January to November. The profit for the first three quarters was driven by the company’s core operations, particularly the more profitable LEXUS brand. With 19,000 pending orders for TOYOTA and 4,400 for LEXUS, the current order book suggests business for the next two months. Hotai Motor’s diversified investees, including Carmax, Hotai Finance, and Hotai Leasing, continue to grow. Hotai Insurance also experienced significant growth, except for the investing channel in China, which was affected by competitive pricing from domestic electric vehicle brands like BYD.

Foreign investors have purchased a net 8,926 shares of Eva Air, making it the fourth most bought by foreigners in the session. The recovery in travel and business after the pandemic has improved operations in the aviation industry, with staff shortages at airports in northeast Asia finally relaxing. Demand for flights to China, Hong Kong, and Macao is gradually increasing, with booking rates for northeast Asian routes exceeding 90 percent. Eva Air plans to focus on routes in northeast Asia and to China, Hong Kong, and Macao as its operational priority next year, with an expected increase in weekly flights to a total of 538. The airline is also set to take delivery of two Boeing 787-10 aircraft, enhancing its fleet deployment flexibility.

TAIPEI (TVBS News) — The Taiwan Carbon Solution Exchange, funded by the Taiwan Stock Exchange and the National Development Fund commenced operations in Kaohsiung on Monday (Aug. 7) to advance Taiwan’s carbon credits trade business and to move another step towards Taiwan’s net-zero emissions goal by 2050.