DBS Bank capital injection lifts FDI to highest this year
Bringing Taiwan to the World and the World to Taiwan
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Bringing Taiwan to the World and the World to Taiwan
Taipei, May 31 (CNA) Singapore's DBS Bank has secured regulatory approval to raise the capital size of its Taiwanese unit in preparation for its acquisition of the United States-based Citigroup Inc.'s consumer banking business in Taiwan.
/ Staff writer, with CNAGovernment-approved foreign direct investment (FDI) in the first seven months of this year rose by more than 200 percent from a year earlier, due to investment pledges by offshore wind power developers.
Delivery of substations expands Sembcorp Marine’s footprint in renewable and clean energy sector
Approved FDI down almost 40% in 1st half of 2021 07/21/2021 12:40 PM CNA file photo Taipei, July 21 (CNA) The value of approved foreign direct investment (FDI) in Taiwan in the first half of 2021 plunged almost 40 percent from a year earlier, according to the Investment Commission. The commission said the decline reflected the COVID-19 pandemic, which has created economic uncertainty, and the relatively high base of comparison set in the first half of 2020. Taiwan's government approved US$2.34 billion in FDI during the January-June period, down 39.09 percent year-on-year, commission data show...