Google Inc yesterday launched a new version of Google Maps locally that integrates personalized tools and a yellow pages function, a service that is expected to increase Google's ad revenue.
Google Maps, which was officially launched at 10pm on Wednesday, provides free local search for directions, street views and satellite and aerial imagery.
Businesses can register their company information in Google Taiwan's free local business center for Google Maps users to find their locations.
PHOTO: CHIEN JUNG-FONG, TAIPEI TIMES
Advertises wishing to target specific groups of consumers can also use the service combined with Google's Adwords to increase their exposure, said Lin Yu-kuan (林裕寬), an associate product manager of Google's international product team.
Some exclusive services of local Google Maps include real-time highway traffic video clips and parking lot occupancy rates in Taipei City, Lin said.
Google set up a research and development center in Taiwan in June last year to custom develop tools and services for Taiwanese users and support other Google teams worldwide.
Google worked with Sinyi Real Estate Inc (信義房屋) to allow consumers to search property listings and images of the nation's biggest housing agent on Google Maps.
Users can use personalized tools to mark frequently used locations, insert pictures from online photo albums such as Panoramio and Picasa and video clips from YouTube into different destinations.
The mapping service is also available on mobile devices that support Java 2 Platform, Windows Mobile 2003 5.0 and BlackBerry wireless e-mail solution.
The R&D team is now working on adding Global Positioning System into Google Maps, Lin said, without giving a timeframe.
Meanwhile, Yahoo-Kimo Inc (
Boasting nearly 1 million business listings for a wide range of companies such as restaurants, hotels and entertainment facilities, Yahoo-Kimo hopes to retain its leading position in the sector.
Yahoo-Kimo launched Yahoo Maps in 2004.
The arrival rate of Yahoo Maps was 35 percent in August, the highest among similar service providers, Kelly Hsu (許卉妃), a public relations official at Yahoo-Kimo said, citing a report by Taipei-based online market research firm InsightXplorer Ltd (創市際).
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to