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Rates to rise three more times: CTBC

The central bank is likely to raise its key interest rates three times more this year by 12.5 basis points each to rein in inflation, CTBC Financial Holding Co (中信金控) said yesterday. “Increases in the costs of imported goods are adding pricing pressure to Taiwan’s inflation. If the central bank does not raise key interest rates, the New Taiwan dollar would weaken [versus major currencies], making imported inflation even worse,” CTBC Financial head of financial management Chiu Ya-li...
Daniel Wu Financial Supervisory Commission Financial Holding Co Kao Shih Ching New Taiwan Chiu Ya Ling

Taiwan News Quick Take - Taipei Times

TOURISM <strong>Holiday train services added </strong> Travelers are to be offered an increased number of train services over two weekends next month for a national holiday and a religious festival, the Taiwan Railways Administration said yesterday. Chu-Kuang Express trains would run between Keelung and Changhua County on Saturday and Sunday next week, providing additional options for people who wish to take part in an annual pilgrimage that honors the sea goddess Matsu, it said. Fiv...
Changhua County Zhanghua Xian New Zealand Tainan Municipality Daniel Wu Weather Forecast Center

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