Taiwan Economic News articles from February 2007

Taiwan Economic News archives from February 2007

Amount of Market Financing Plunged in 2006.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--For the first time in 10 years, flow of funds into market financing, or direct financing, decreased by NT$217.8 billion in 2006, underscoring sharp decline in fund raising via...

Cross-Strait Financial Dealings Broke US$200 B. Mark.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--In reflection of the increasingly close cross-Taiwan Strait economic links, cross-Strait financial dealings surpassed the US$200 billion mark, for the first time ever, in 2006,...

Teco Ties Up With CTC to Tap Wind Power Generation.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--Teco Group, one of Taiwan's leading manufacturers of heavy electric products, has recently formed a strategic alliance with Composite Technology Corporation (CTC) of the U.S....

SKF Acquires ABBA.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--The Sweden-based SKF Group, one of the world's top-three manufacturers of bearings, yesterday announced it would acquire a 90% stake in the Taiwan-based ABBA Linear Tech Co....

TSMC Expected to Buy Used Equipment to Expand Shanghai Fab.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly likely to buy running chip-making tools from Nederland chipmaker NXP Semiconductor as part of its plan to add output...

FPG's Chip Assembly Subsidiary to Build One More Factory.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--Formosa Advanced Technologies Co., Ltd. (FATC) will build its fourth chip testing and module factory to cope with increased orders and listing plan, according to the company's...

SYM Projects Its Global Production of PTWs at 658,200 Units for 2007.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--Taiwan's Sanyang Industry Co., Ltd. recently claimed that it aims to globally produce and sell 650,000 powered two-wheelers (PTWs) and 20,000 automobiles (including passenger...

Optimer Pharmaceuticals Goes Public on NASDAQ.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--Optimer Pharmaceuticals Inc. of the U.S., which was set up by its CEO Michael Chang, recently launched its initial public offering (IPO) of 7,000,000 common shares at a price of...

Asustek Eyes Revenue of NT$200 B. for Q1.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--Taiwan-based Asustek Computer Inc., a leading supplier of motherboards, is likely to rake in revenue of NT$200 billion in the first quarter, presenting a whopping growth of 100%...

MiTAC Emerging as No.2 GPS Supplier to European Market.
February 27, 2007... (From Taiwan Economic News) Taipei, Feb. 27, 2007 (CENS)--MiTAC International Corporation, Taiwan's biggest supplier of global positioning system (GPS) products, is expected to become the second-largest supplier with an 18-19% share of...

Deposit Insurance Adjustment to Impact Foreign Banks Most.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--Domestic financial institutions will have to bear much higher premiums for deposit insurance, averaging over 100%, possibly from July 1, this year, with foreign bank branches going...

Number of Cash Cards Plunged 40% in 2006.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--The twin-card financial storm has battered banks' cash-card business, as the number of cash cards in use had plunged to only 2.09 million as of the end of last December, for a...

Taiwan's PCB Equipment Makers Step Up Marketing Efforts.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--To tightly sustain its outstanding sales performance posted last year, Tong-Tai Machine & Tool Co., Taiwan's No.1 manufacturer of PCB (printed circuit board) production equipment,...

Teco to Kick Off 'Seven Star' Market Development Plan in March.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--Teco Group, one of Taiwan's leading manufacturers of heavy electric machinery and information-technology products, will officially kick off its 'Seven Star' plan sometime in March...

Far EasTone Acquires Dominant Stake in Q-ware System's Wireless Affiliate.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--Far EasTone Telecom Co., Ltd. recently acquired a 51% stake in a wireless-service provider owned by Q-ware Systems Inc. for around NT$496 million (US$15 million at US$1:NT$33) at...

Hon Hai to Set Up Two Industry Zones in Northeastern China.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--Foxconn International Holdings Ltd. (FIH) of the Taiwan-based Hon Hai Group, the island's largest private manufacturer, recently signed an investment agreement with the Shenyang...

AUO Wins Big-ticket Orders for Semi-finished Cellphone-panel Substrates.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--The AU Optronics Corp. (AUO), Taiwan's No. 1 maker of thin film transistor-liquid crystal display (TFT-LCD) panels, has reportedly won big-ticket orders for semi-finished...

Taiwan's Major Golf Equipment Makers to See Good Q1 Biz.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--Thanks to influx of new orders and the price fall in titanium-alloy materials, Taiwan's leading golf head and club makers, namely O-TA Precision Casting Co., Dynamic Precision...

Froch's New Plant in China Slated for Operation in Mid-2007.
February 26, 2007... (From Taiwan Economic News) Taipei, Feb. 26, 2007 (CENS)--The Taiwan-based Froch Enterprise Co., Ltd., a supplier of stainless steel tubes and pipes, is scheduled to kick off official operations of its new plant located in China's Wuxi...

Three Chinatrust Execs Indicted, Facing Heavy Penalties.
February 16, 2007... (From Taiwan Economic News) Taipei, Feb. 16, 2007 (CENS)--The Taipei prosecutors' office indicted yesterday (Feb. 15) three ranking executives of Chinatrust Financial Holding for violation of the Banking Law and Securities Transaction...

MAC Relaxes Regulations for Chinese Professionals to Visit Taiwan.
February 16, 2007... (From Taiwan Economic News) Taipei, Feb. 16, 2007 (CENS)--The Mainland Affairs Council (MAC), under the Executive Yuan, announced yesterday (Feb. 15) relaxation of regulations on visit of Chinese professionals to Taiwan, including...

Daikin of Japan to Set Up Air-conditioner Plant in Taiwan.
February 16, 2007... (From Taiwan Economic News) Taipei, Feb. 16, 2007 (CENS)--Daikin Industries, Ltd., one of Japan's leading manufacturers of air-conditioning systems, will cooperate with its Taiwanese sales agent Ho Tai Development Co. to set up an...

Taiwan Announces WiMAX License Plan.
February 16, 2007... (From Taiwan Economic News) Taipei, Feb. 16, 2007 (CENS)--Taiwan's Executive Yuan (the Cabinet) has decided to issue six WiMAX-service licenses by the end of June this year and one more license for the mobile Internet connection service...

Uncertainty Clouds Over Carlyle-ASE Deal.
February 16, 2007... (From Taiwan Economic News) Taipei, Feb. 16, 2007 (CENS)--Advanced Semiconductor Engineering (ASE) Inc. yesterday announced it already ended an "exclusive article" the company's chairman, Jason Chang, signed in November last year with...

TAITRA to Organize Export Promotion Group to the Middle East in April.
February 16, 2007... (From Taiwan Economic News) Taipei, Feb. 16, 2007 (CENS)--To further explore the market in the Middle East, Taiwan External Trade Development Council (TAITRA) will organize a trade group to visit Iran and the United Arab Emirates (UAE)...

CPT Scored Record Loss in 2006.
February 15, 2007... (From Taiwan Economic News) Taipei, Feb. 15, 2007 (CENS)--Owing to hefty loss in its TV panel business, China Picture Tubes (CPT), the third largest Taiwanese TFT LCD (thin-film-transistor liquid-crystal-display) maker, posted a net loss...

Synnex to Distribute AMD Processors in Asia-Pacific.
February 15, 2007... (From Taiwan Economic News) Taipei, Feb. 15, 2007 (CENS)--The Advanced Micro Devices, Inc. (AMD), a major global provider of innovative processing solutions in the computing, graphics and consumer electronics markets, recently announced...

Cetelem Bank Decides to Withdraw From Taiwan.
February 15, 2007... (From Taiwan Economic News) Taipei, Feb. 15, 2007 (CENS)--The France-based Cetelem Bank has decided to withdraw from Taiwan, making it the only foreign bank to close operations on the island in recent years The bank's lackluster...

Foreign Banks Saw Profits Hit Record Low of NT$4.1 B. in 2006.
February 15, 2007... (From Taiwan Economic News) Taipei, Feb. 15, 2007 (CENS)--Taiwan's foreign banks scored total profits of NT$4.1 billion (US$124.24 million at US$1 = NT$33) in 2006, the lowest of its kind since 1994 when the statistics was first...

Tong Lung to Zero In On Markets for Low-Price Locks.
February 15, 2007... (From Taiwan Economic News) Taipei, Feb. 15, 2007 (CENS)--Tong Lung Metal Industry Co., Ltd., Taiwan's leading lock maker, is to tap the markets for low-price locks by resuming the operation of its plant in the Philippines and...

Ma Ying-jeou Announces Bid for 2008 Presidency.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--After being indicted on corruption charges over is alleged embezzlement of special mayoral allowance, Chairman Ma Ying-jeou of the opposition Kuomintang immediately quit the...

Business Leaders Oppose Reduction of Tax Incentives in New Industrial Laws.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--Local business leaders strongly opposed yesterday (Feb. 13) the substitution of cash subsidies for tax incentives and large-scale shrinkage in function-oriented investment tax...

Eximbank to Ease Long-term Loan Rules for Taiwanese Firms in China.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--To meet the real need of the Taiwanese firms operating in mainland China, Taiwan's Export-Import Bank of the Republic of China will largely loosen its regulations on long-term...

TSMC, ProMOS Apply for Transplanting 0.18-micron Process to China.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) and ProMOS Technologies Inc. recently submitted to the government here their applications for approvals on their transplantations of...

Taiwan to Push Legislation to Combat Internet Piracy.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--The Intellectual Property Office (IPO) of the Ministry of Economic Affairs (MOEA) will push legislation this year to combat the infringement of other people's intellectual...

HannStar to Cut Capitalization by 17.2%.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--The board of HannStar Display Corp., a second-tier thin film transistor-liquid crystal display (TFT-LCD) panel maker in Taiwan, yesterday decided to reduce capitalization by...

Taiwan's Share of Mainland China Market Hit 12-Year Low of 11% in 2006.
February 14, 2007... (From Taiwan Economic News) Taipei, Feb. 14, 2007 (CENS)--The market share posted by Taiwan-made products in mainland China has declined over the past few years to 11% in 2006, the lowest of its kind since 1994 and making Taiwan become...

Yunlin County Chief Supports FPG's Big Steel Plant.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--Su Chih-fen, magistrate of southern Taiwan's Yunlin county, openly expressed her support to Formosa Plastics Group (FPG) to build a big steel plant in the county, greatly boosting...

TSEC Launches Forum to Celebrate 45th Anniversary.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--To celebrate its 45th anniversary, the Taiwan Stock Exchange Corporation (TSEC) recently held a "Capital market Development Forum" at its headquarters in Taipei 101 Building,...

Homeyue to Scale Down Investments in Mainland China.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--Homeyue Enterprise Co., Taiwan's largest manufacturer of industrial fabrics, has readjusted its investment deployment in mainland China as a step to consolidate the resources of...

Hon Hai Appears to Become Major Financer of Taiwanese LED Startups.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--Hon Hai Precision Industry Co., Ltd., currently Taiwan's No.1 manufacturing conglomerate by revenue, appears to become a major financer of Taiwanese light-emitting diode (LED)...

Taiwanese Hi-Tech Enterprises Taxed More As Tax Holiday Ends.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--As the five-year tax holiday granted to Taiwan's high-tech industry is close to end, Taiwan's top 100 hi-tech enterprises have paid more taxes in recent years, according to...

LED Makers Emit High Revenue Power in JanTaipei, Feb. 13, 2007 (CENS)--Major light-emitting diode (LED) makers in Taiwan enjoyed better-than-expected sales performance in January thanks to the increasing demand from high-level backlight applications an.
February 13, 2007... (From Taiwan Economic News) AOC posted January revenue at NT$299 million (US$9.2 million), up 31% from December 2006 and 32% from the same month of last year Tyntek scored revenue of NT$220 million (US$6.77 million) last month, up...

Asia Optical to Ship 60 M. Cellphone Camera Lens This Year.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)-- Asia Optical Co., a major digital camera maker in Taiwan, recently announced that it has won a big-ticket order for cellphone camera lens and that it expects to double its...

Taiwan's Tax Revenue Down 6.2% in January.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--The government scored total tax revenue of NT$107 billion (US$3.24 billion at US$1 = NT$33) in January, down NT$7 billion (US$212.12 million) or 6.2% from a year earlier,...

FSC Rejects Problem Bank's Request for Regaining Operating Right.
February 13, 2007... (From Taiwan Economic News) Taipei, Feb. 13, 2007 (CENS)--The Cabinet-level Financial Supervisory Commission (FSC) recently turned down an application filed by the financially troubled Enterprise Bank of Hualien for getting back its...

E United Launches Greater Northern China Investment Plan.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--E United Group, one of Taiwan's leading integrated producer of steel products, has recently kicked off its Greater Northern China Investment Plan E United said its...

Gov't to Appropriate NT$3 B. for Biomedical Technology Island Project.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--The Science and Technology Advisor Group (STAG) of the Executive Yuan (Cabinet) recently claimed that from 2007 through 2010 the government will appropriate NT$3 billion (US$92.31...

Taiwan's Science Parks See Revenues Exceed NT$2 Trillion.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--Taiwan's three major science parks, Hsinchu Science Park (HSP), Central Taiwan Science Park (CTSP), and Southern Taiwan Science Park (STSP), are expected to score aggregate sales...

FPG to Build 100%-Owned Mega Ethylene Plant in Ningbo.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--The Chinese government has agreed in principle to the mega ethylene investment project of Formosa Plastics Group in Ningbo of Zhejiang Province, including a 100% owned ethylene...

Chinese Maritime Vowing to Acquire Taiwan Navigation Despite Gov't Intervention.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--Despite alleged intervention from the Ministry of Transportation and Communications (MOTC), Hong Kong-based Chinese Maritime Transport has vowed to proceed with its project to take...

FPG to Distribute Over NT$100 B. in Dividends in 2007.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--With pretax earnings expected to reach a historic high of NT$270 billion (US$8.23 billion at US$1:NT$32.8) in 2006, Formosa Plastics Group (FPG) has decided to dole out more than...

Taiwan to Set Up First Hand-Tool Industrial Park.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--Taiwan's hand-tool makers decided to organize a land-development venture to develop a 110-hectare land mostly owned by a government-run enterprise at Holi in central Taiwan to...

US New Financial Interpretation Expected To Hit US-Listed Taiwanese Companies.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)-The Financial Interpretation (FIN) 48 issued by the U.S. Financial Accounting Standards Board (FASB) will likely affect some Taiwanese publicly held enterprises circulating...

Winbond Scored 24% Revenue Growth in 2006.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 12, 2007 (CENS)--Winbond Electronics Corp., a major semiconductor manufacturer, scored total revenue of NT$ 34.49 billion (US$1.06 billion at US$1: NT$32.5) in 2006, representing a robust annual...

Taiwan's Enterprises to Add 90 Garment Sales Outlets in China.
February 12, 2007... (From Taiwan Economic News) Taipei, Feb. 9, 2007 (CENS)--Tainan Enterprises Co., a blue-chip textile firm on Taiwan's stock market, will further explore the market in mainland China this year by installing 90 sales more outlets there for...

Citibank and Overseas of Chinese Bank Finalize Takeover Deal.
February 9, 2007... (From Taiwan Economic News) Taipei, Feb. 9, 2007 (CENS)--Following one year of protracted talk, Citiibank and the Bank of Overseas Chinese finally reached agreement yesterday (Feb. 8) for the former to acquire the latter at NT$11.9 per...

ASE Forms Consulting Panel for Talk With Carlyle Over Acquisition Offer.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--ASE Inc. announced yesterday (Feb. 7) formation of a consulting panel for evaluating contract of acquisition offer of Carlyle Group, indicating the project has entered a substantial...

Advantech to See Sales Grow 30% in 2007.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--Thanks to its long-term plowing into the vertical application territory, Advantech Co., Taiwan's leading manufacturer of industrial personal computers, will see a 30% annualized...

Inventec Appliances to Benefit From Palm Treo 680 Smartphones.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--Inventec Appliances Corp., one of Taiwan's leading contract manufacturers of smartphones, will see sales grow in the first half of this year as the leading PDA (personal digital...

US ITC Overrules Its Decision on Philips vs. Gigastorage Patent Case.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--The International Trade Commission of the United States recently reversed its initial ruling in a patent lawsuit case involving Phillips and Taiwanese compact-disk makers to grant...

Sales of New PTWs in Taiwan Up Slightly in January.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--The sales of new powered two-wheelers (PTWs) in Taiwan grew by 2.8% in January, a traditional off month, to 52,116 units, according to statistics compiled by Ministry of...

European Banks Eyeing Taiwan's Fixed Income Financial Market.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--Attracted by the lucrative domestic market for fixed-income financial products, some European banks have rushed to set up footholds in Taiwan to get a slice of the market pie ...

Taiwanese Banks Posted Loan/Deposit Ratio at 81.2% in Dec. 2006.
February 8, 2007... (From Taiwan Economic News) Taipei, Feb. 8, 2007 (CENS)--The outstanding deposits and loans of Taiwan's domestic banks reached NT$21.1682 trillion (US$641.46 billion at US$1 = NT$33) and NT$17.1825 trillion (US$520.68 billion),...

Taiwan's Bond Market Becomes Moribund.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--Due to concentrated holding of government bonds by financial institutions, notably Chunghwa Post Co., Ltd., Taiwan's bond market has almost become moribund, as the yield rate of...

Gov't Plans Investment Tax Credit and Lotto Lottery for Sports Industries.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--In order to stimulate domestic sports activities, the government plans to grant investment tax credit to enterprises donating to sports industries, and advance issuance of sports...

CSC, BaoSteel Launch Joint Venture in Changsu of Jiangsu Province.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--Taiwan's China Steel Corporation (CSC) has tied up with BaoSteel Corp. of mainland China to set up the Baoshunchang Corporation in Changsu of Jiangsu Province to engage in steel...

Tatung Makes Foray Into LED Lighting Business.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--Forward Electronics Co., Ltd., owned by the Tatung Group, recently signed an agreement to co-develop light-emitting diode (LED) technologies for lighting purposes with the...

Motech Industries Mulls Opening Solar Wafer Ingot Factory in Mainland China.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--Motech Industries Inc. will open a factory in Kunshan of mainland China to make silicon ingots for solar cells, with annual output set at an amount enough for making 240-megwatt...

Yulon Motor, Yulon-Nissan Suffered Profit Declines in 2006.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--Both the Yulon Motor Co. and Yulon-Nissan Motor Co. failed to achieve their 2006 financial goals due to the stiff plunge of the overall new-cars sales in Taiwan Yulon Motor,...

Monthly Sales of New Cars in Taiwan Hit 10-year Low in January.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--The sales of new cars in Taiwan plunged by 28.4% from a year earlier to reach only 42,238 units in January, the lowest level of its kind for the same month in 10 years. Domestic...

Taiwan's Top Knit-woven Cloth Maker to Expand Operations in Southeast Asia.
February 7, 2007... (From Taiwan Economic News) Taipei, Feb. 7, 2007 (CENS)--Eclat Textile Co., Taiwan's leading knit-woven cloth and garment maker, is planning to set up a knit-woven cloth plant in either Vietnam or Thailand. The location of the projected...

President Chen Reshuffles Top Staff Members.
February 6, 2007... (From Taiwan Economic News) Taipei, Feb. 6, 2007 (CENS)--In an unexpected move, President Chen Shui-bian announced exchange of positions between Chen Tan-sun, secretary general to the Presidential, and Chiu Yi-jen, secretary general of...

Taiwan's Cement Makers Expand Output in Mainland China.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb.5, 2007 (CENS)--Encouraged by the promising outlook of mainland China's cement market, Taiwan's major cement firms, including Taiwan Cement Corp., Asia Cement Corp., and Chia Hsin Cement Corp., are...

Mixed Prospects Seen for Taiwan's Debt Market in 2007.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb.5, 2007 (CENS)--Taiwan banks are likely to continue to aggressively issue fixed-income instruments in 2007, while more subdued activity is projected for financial holding companies, according to a...

Global Shipment of Next-Generation DVD Discs to Shoot Up to 3.23 M. Units in Q4, 2007.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb. 5, 2007 (CENS)--The global shipment of next-generation digital versatile disc (DVD) discs (including Blu-ray and HD formats) is expected to grow to 690,000 discs in the first quarter, and shoot up...

Quanta Computer Actively Expanding Into Electronics Manufacturing Services.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb. 5, 2007 (CENS)--Quanta Computer Inc., Taiwan's leading notebook personal computer (NB PC) maker, is actively expanding its operations to include electronics manufacturing service (EMS) for mobile...

Foreigners Can't Settle Over US$50,000 Remittance in China a Year.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb. 5, 2007 (CENS)--In order to dampen speculation of foreigners in stock/housing markets and renminbi, all Chinese banks triggered an "individual inward-remittance settlement system" on February 1,...

Problem Financial Institutions Will Be Delisted After Takeover.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb. 5, 2007 (CENS)--Problem listed financial firms which have been taken over by the regulator will be suspended of their share trading for 10 days followed by resumption of trading for 20 days before...

ASE, NXP Sign Pact t Open Chip Assembly Facility in Mainland China.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb. 5, 2007 (CENS)--Advanced Semiconductor Engineering (ASE) Inc. of Taiwan and NXP Semiconductors owned by Philips of Holland recently inked a memorandum of understanding (MOU) to set up a chip...

Taiwan Auto-parts Makers to Tap China's Huge AM Market.
February 5, 2007... (From Taiwan Economic News) Taipei, Feb. 5, 2007 (CENS)--More and more Taiwanese makers of auto parts are rushing to cash in on the great sales potential in the huge AM (aftermarket) replacement auto-parts market in mainland China. Tong...

NCC to Conduct Substantial Review of Buyout of CNS by MBK.
February 2, 2007... (From Taiwan Economic News) Taipei, Feb. 2, 2007 (CENS)--The buyout of China Network Systems (CNS), Taiwan's largest cable-TV operator, by Asian private equity fund MBK Partners has been clouded by the decision of the National...

CPC and CSBC to Undergo Name Changes.
February 2, 2007... (From Taiwan Economic News) Taipei, Feb. 2, 2007 (CENS)--In compliance with the policy of the ruling DPP (Democratic Progressive Party) highlighting Taiwan sovereignty, state-run Chinese Petroleum Corp. (CPC) and China Shipbuilding Corp....

Taiwan Life Insurers Saw Premium Revenues Increase 7% in 2006.
February 2, 2007... (From Taiwan Economic News) Taipei, Feb. 2, 2007 (CENS)--First-year premium revenues scored by Taiwan's life insurance industry en masse totaled NT$524.5 billion (US$15.99 billion at US$1:NT$32.8) in 2006, down 3% year-on-year, according...