DBS of Singapore Approved to Set Up Subsidiary in Taiwan

CENS.com, 3 Mar 2011Taipei, March 3, 2011 (CENS)--Taiwan`s Investment Commission of the Ministry of Economic Affairs (MOEA) lately approved the Development Bank of Singapore Ltd.`s investment of NT$10 billion (US$322.581 million) to set up a subsidiary in Taiwan, with the project being the largest inbound investment ever in Taiwan.The Investment Commission officials said that DBS came to Taiwan