Siemens Gamesa

Siemens Gamesa Signs Biggest Contract For Offshore Wind Energy In Taiwan: 1.044 MW In Three Projects

Link Securities | Siemens Gamesa has signed two agreements with Hai Long Offshore Wind Project to supply wind turbines for three offshore wind projects in Taiwan, totalling 1.044 MW. This is the manufacturer’s biggest contract for this technology in the country, according to Europa Press. The agreements are specifically for the Hai Long 2A (300 MW), Hai Long 2B (232 MW) and Hai Long 3 (512 MW) projects and will use…

de globalization

Taiwan’s Economy Is Still Holding Up, But Capital Outflows And Mainland China’s Lockdowns Show The Risks

Alicia García Herrero (Natixis) | With high inflation globally and supply chain disruptions in Mainland China, Taiwan will face more headwinds in growth. Even though the economic fundamentals are still supportive, the worsened environment can multiply risks in capital outflows and corporate profits. Above all, the good news is exports and investment remain the strong pillars. With buoying global demand, Taiwan’s export grew 24% YoY in Q1 2022. There was…

Hong Kong protests

Hong Kong protests: threat to regional stability

Shaun Riordan │ The Hong Kong protests have now entered their tenth week. Over the weekend protestors are reported to have fought running battles with the police in the Metro system. The police have had recourse to batons and tear gas. The dangers for Hong Kong´s political and economic future are clear. But the dangers are much broader than Hong Kong. Markets should be watching carefully.

No Picture

BBVA becomes the first Spanish bank to open a branch in Taiwan

BBVA’s representative office in Taipei, set up in 2006, is now a full branch. The entity is now the first Spanish bank to open a branch in Taiwan and the first European bank to open one since the financial crisis began. BBVA began building its Asian franchise over 30 years ago and now has operations in the continent’s main financial centers. The Taipei branch will be added to the group’s…