Perng Fai-nan

No reason to bar Chinese bank offices

TAIWAN - The central bank doesn't have reasons not to allow mainland Chinese banks to set up representative offices in Taiwan, the Commercial Times reports, quoting Central Bank Governor Perng Fai-nan.

CBC gov favours listing of Taiwan firms in China

Perng Fai-nan, governor of Taiwan's central bank, said on Mar 7, 2201 that he personally endorses Taiwanese manufacturers that have set up companies in mainland China to get listed on the mainland's stock markets for fundraising purposes.

Taiwan cuts interest rates to record lows

Taiwan's central bank made a surprise cut in its two key interest rates by a quarter of a point on Feb 1, bringing them to record lows to boost the island's flagging economy. It cut the discount rate to 4.375 percent and the accommodation with collateral…

Taiwan will adopt loose monetary policy

Taiwan central bank governor Perng Fai-nan said on Jan. 29, 2001, the bank would adopt an "appropriately loose" monetary policy, and would consider following suit if the U.S. cuts rates at the end of the month. The central bank would also fully supply…

Taiwan mulls monetary policy framework change

Taiwan's Central Bank of China (CBC) governor Perng Fai-nan on Monday said the central bank is mulling adjusting its monetary policy-making framework. But Perng said it remains debatable whether an "inflation targeting" framework, which is adopted in New…

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