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Alibaba Faces Uncertainty in Taiwan

Taiwan’s Investment Commission has ordered the New York-listed e-commerce giant Alibaba Group to pay a fine of US$3,800 and withdraw its Taiwan operations within six months.  The government’s investment regulator deems Alibaba a “Chinese company” after reviewing its post-IPO shareholding structure, which violates government restrictions on companies with Chinese ownership. Alibaba’s B2B trading platform, Alibaba.com, established its Taiwan branch in ... Read More »

Can Google’s Robots Build a New Future for US Manufacturing?

The Wall Street Journal reported that Google and Foxconn have been working together to develop new robotic manufacturing technologies.  Experts say the partnership could have major implications for both the tech industry and the American economy, though the nature of those implications remains unclear — and an issue of intense debate. Experts say robotic manufacturing could spur economic growth, but ... Read More »

Alibaba to Establish E-commerce Association in Taiwan

The Alibaba Group, will establish an e-commerce network association in Taiwan to help local small- and medium-sized companies to trade more effectively in the global market. After opening its office in Taiwan in 2008, Alibaba has been assisting local companies to make better use of the Internet in their trading activities. The company also aims to Taiwanese SMEs to promote ... Read More »

Google to Double Asian Data Center Investment

Google has said it will double its investment in a data center it is building in Taiwan due to a sharp rise in internet use.  Google had already invested US$300 million in this data center however between July and September more than 60 million people in Asia got onto mobile internet for the first time.  Almost as many people which ... Read More »

Computex Draws more than 1,700 Exhibitors

The world’s second largest information and communications technology show, Computex Taipei, opened this year to an impressive 1,724 exhibitors occupying 5,042 booths. The show’s organiser, Taiwan External Trade Development Council (TAITRA), is expecting to draw 10% more international visitors this year to reach a total show attendance of over 140,000. The five-day mega show will run from 4th to 8th ... Read More »

Country Risk Climate Greater China Region: Coface Survey Reveals Higher Credit Risk

A survey of corporate credit risks management across the Greater China region, China, Hong Kong and Taiwan, was conducted in the fourth quarter of 2012 by Coface, a leading global credit insurance group. This survey revealed that China and Hong Kong enterprises are exposed to higher credit risks as evidenced by sharply increased amount of overdue. Access to finance is ... Read More »

Taobao Kicks-off Expansion Plans in Hong Kong and Taiwan

Alibaba Group’s consumer-focused e-commerce platform Taobao is looking to expand its operations outside China in the near future. Taobao reportedly announced at a press conference this month that the company has already attracted close to two million users in Greater China – including 1.2 million members in Hong Kong and 500,000 in Taiwan. Alibaba sees Hong Kong and Taiwan as ... Read More »

CTRISKS Rating Limited China Reports Financial Stress in Clothing & Accessory and Real Estate Holding Sectors

CTRISKS Rating Limited (“CTRISKS”) publishes the corporate credit ratings Q4 2011 for listed companies in Greater China, covering mainland China, Taiwan and Hong Kong. The rating exercise assesses the creditworthiness of 4,687 listed companies. The continuous volatile market environment in 2011 has been creating huge stress on many corporations. The sectors suffering most from the credit quality deterioration are Clothing ... Read More »

8th World Consumer Credit Reporting Conference

The 8th World Consumer Credit Reporting Conference will be held on October 21 – 23, 2012 in Taiwan. Joint Credit Information Center (JCIC) along with the Association of Consumer Credit Information Suppliers (ACCIS) and the Consumer Data Industry Association (CDIA) will be hosting the WCCRC 2012 from 21st October to 23rd October 2012 at the W Hotel Taipei, one of ... Read More »