A drop in the bucket: economic package fails to boost Taiwan bourse
Article Abstract:
Taiwan's latest economic-stimulus package got a cool response from investors, and analysts say more fundamental changes and political predictability are needed. The ruling Kuomintang party often announces measures intended to give the economy a short-term boost before elections, and presidential polls are slated for March 23. However, concern over mainland China's threats is more to blame for last year's 27% market drop. The package announced would create a $7.28 billion stock market stabilization fund, probably too little.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Not all at once: Taipei bourse may allow in foreign retail investors
Article Abstract:
Taipei's stockmarket may open to foreign individual investors as part of a strategy for ending a bear run in time for presidential elections in March 1995. The Securities and Exchange Commission seems enthusiastic about such a move, saying it could be complete by Feb if the market does not turn bullish on its own soon. The central bank is less sanguine, predicting a transition would take at least until July. Many of the more cautious observers fear mainland China would take a more direct hand in the bourse if it opens.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Political fortune: state deals help Taiwan property firm diversify
Article Abstract:
The strength of Taiwan's Ever Fortune group appears to be tied more to its ability to exploit political connections that its ability in the market. The conglomerate has had mixed results in attempting to diversify its interests from its base in real estate development. It has invested in banking and hotels but failed in an attempt to buy Taiwan Daily News. Ever Fortune did succeed in obtaining government contracts to build a power plan and an amusement park, though the park may be replaced by a race track.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Capital fright. More of the same: Japan's economic package fails to excite. Solo effort
- Abstracts: More of the same: Japan's economic package fails to excite. The burden of proof
- Abstracts: Fight for the city: Chamlong wants to govern Bangkok, again. How much farther?: Burma's efforts to boost tourism hit bottlenecks
- Abstracts: Retail change and retail logistics in the United Kingdom: past trends and future prospects. International comparisons of supply chain management in grocery retailing
- Abstracts: A model for equipment replacement due to technological obsolescence. Replacement policies of a shock model with imprefect preventive maintenance