Premier Wu Den-yih announced that Taiwan's exports during the first half of this year grew had increased by 49.2 percent, placing the country’s performance above all other nations.

Moreover, tax profits remained up by 4.7 percent as against last year.

Further, Wu said that it's a signal that the economic viewpoint is bettering.

The Cabinet announced that it will set up a task group to attract international investment in the coming time.

According to the data revealed by the Ministry of Industry and Information Technology, China-based telecom operators have recorded that their profit from core business climbed up around 5.9 percent year on year to RMB
434.55 billion in the first six months of this year.

The ministry also added that the industry's total business volume stood at RMB 1.49 trillion in the period of first six months of this year, up around 21.4 percent year on year.

China Construction Bank Corp, Taiwan's Big Four state-owned commercial bank, may complete its RMB 75 billion worth of rights issue target in Hong Kong and Shanghai in October, the 21st Century Business Herald.

The report added that CCB has appointed six investment banks to arrange its rights issue.

The six investment banks appointed include Bank of America Merrill Lynch, Credit Suisse Group AG, Morgan Stanley, China International Capital Corp H. K. Securities Ltd, CITIC Securities Co and CCB International (Holdings) Ltd.

According to the data released by the central government, the jobless rate of Taiwan increased to 5.16% in June from 5.14 percent in May as a new batch of graduates made entry in the job market.

The Directorate General of Budget, Accounting and Statistics (DGBAS) has announced that after a seasonal adjustment, the last month’s unemployment rate stood at 5.20%, down 0.02 percentage points as compared to previous month, marking it to 10th successive monthly declination.

Nanya Technology Corp. (2408. TW) has announced that its second-quarter net loss contracted from a year earlier owing to increased revenue, but it remained in the negative terrain due to high fixed costs arising from postponements in its migration to more innovative processing technology.

Moreover, the company, which is Taiwan’s second-biggest manufacturer of dynamic random access memory chips by profit after Powerchip Technology Corp, announced that its total loss for the three months period ended June

According to a senior executive, the takeover target AXA Asia Pacific Holding Ltd's Hong Kong business is very profitable with sales increasing by 20 per cent in the first six months of this year.

Further, chief executive Andrew Penn said, “We will show in a couple of weeks, the business is very profitable.”

“Growth is accelerating in Hong Kong,” he said to a question on whether Hong Kong was dragging the firms earnings.

According to a spokesperson of the State Information Center, China's imported cars may surpass 1 million units by next year among the high demand of vehicles in the Chinese market.

Moreover, the country has witnessed sturdy demand of imported cars during Jan-June period of 2010 as the domestic car production can not meet up the rising demand of customers.

Nissan (China) Investment Co announced that the Japanese car manufacturer Nissan Motor Co has registered an increase of 51.4% year on year in its car sales in China at 503,077 units in the first six months of 2010 on account of increasing demand from the middle class.

Moreover, the company has attained 58 percent of its sales target for this year.

During the first six months, the company sold 497,964 vehicles under the brand of Nissan in China, a growth of 50.6 percent as compared to the same of the last year.

According to reports, the federal government said that its campaign to attract investment is not only planned at foreign capital.

Further, it stated that it aims Taiwan's small as well as medium-size enterprises (SMEs) will invest too.

Moreover, the chairwoman of the Council for Economic Planning and Development, Christina Liu, said that the data announced by major institutions -- both locally and overseas -- all suggest a major development in investment in Taiwan.

According to news, China Merchants Property Development Co Ltd and Wheelock and Co Ltd announced that they jointly bagged the bid for a piece of land in Foshan, Guangdong Province for RMB 524 million.

The 25,914.9-square meter parcel, which is situated in Nanhai District and cost around RMB 15,000 per sq m, will have a floor area ratio between 2.5 and 4.

This was the second cooperation the two associates joined hands for land bid in Foshan during the existing year.