CHIPS Act lures Taiwan’s GlobalWafers to Texas

Taiwan’s GlobalWafers is set to build a new semiconductor wafer factory in Texas, leveraging into the subsidies on offer from the new CHIPS Act signed into law by President Joe Biden on August 9.   GlobalWafers is expected to spend about US$2 billion on the facility initially and $5 billion eventually as wafer production, sales […]

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PM defends ad spending of govt

Best Minister Prayut Chan-o-cha and government authorities on Friday was released in defence of the Office of the Excellent Minister’s spending on ads, after it was positioned 13th out of 20 agencies for most advertisement spending in the country based on a recent poll simply by US-based research firm Nielsen.Continue Reading

PM defends ad spending by govt

Prime Minister Prayut Chan-o-cha and government officials on Friday defended spending by the Office of the Prime Minister on advertising, after it was ranked 13th out of 20 businesses and organisations for the highest ad spending in the country according to a recent poll by the US-based research firm Nielsen.Continue Reading

Beijing’s Li talks reform with bond market push

TOKYO – As China scrambles to stimulate growth, it’s comforting to see Chinese Premier Li Keqiang internalizing – apparently – the works of Milton Friedman. How so? By recalling the Nobel Prize-winning economist’s edict that a crisis is a terrible thing to waste. This week, Li called on local officials in six key provinces to […]

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