AVIATION
TransAsia to fly to Tokyo
TransAsia Airways (復興航空) yesterday said it would launch direct flights between Taipei and Tokyo on Sept. 26. The Tokyo route will be the ninth Japanese destination served by TransAsia. It was planned under an extended open skies agreement between the two countries, which allows Taiwanese carriers to increase their scheduled services to certain Japanese destinations, the airline said. TransAsia will operate daily round trip flights to Tokyo, which will take a little over three hours each way. China Airlines and EVA Airways are currently the only domestic carriers offering direct flights between Taiwan Taoyuan International Airport and Tokyo’s Narita International Airport.
TRADE
Kolkata office opened
The Taiwan External Trade Development Council (TAITRA) opened an office in Kolkata, India, on Wednesday to help expand business opportunities for Taiwanese businesspeople. It is the third TAITRA office in India. The others are in Mumbai and Chennai. Speaking at the opening ceremony, TAITRA vice chairman Gee San (單驥) said the consumption power in India cannot be underestimated. India’s GDP was US$1.8 trillion last year, while its purchasing power parity-based GDP was US$4.6 trillion, he said, citing IMF figures. In the first half of this year, Taiwan’s exports to India totaled US$1.77 billion, an increase of 4.6 percent year-on-year, he said.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan
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