Taiwan Economic News articles from September 2006

Taiwan Economic News archives from September 2006

BenQ Ceases to Invest in Former Siemens Mobile-Phone Operation.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--One year after acquiring the mobile-phone department of Siemens, the board of directors of BenQ decided yesterday (Sept. 28) to cease further investments in its German...

OBUs Permitted to Take Deposits From Mainland Chinese.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--In line with the government's plan to allow mainland Chinese tourists to visit Taiwan at year end, mainland Chinese people will be able to open accounts at the offshore banking...

CBC Raises Interest Rates for the Ninth Time.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--To nudge the actual interest rate closer to the neutral level, the board of directors and supervisors of the Central Bank of China (CBC) resolved yesterday (Sept. 28) to raise...

Shanghai Bank of Mainland China Offers Loans to Uni-President and Chia Hsin Cement.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--Five Taiwanese-owned firms, including Uni-President Group and Chia Hsin Cement Corp., recently signed loans contracts with the Shanghai Bank in China that total RMB322 million...

Cross Strait IT Industries Team Up on Linux Development.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--The representatives of the Taipei Computer Association's Linux interest group recently signed a pact with their counterparts from mainland China's Co-Created Software League in...

Cross Strait IT Industries Team Up on Linux Development.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--The representatives of the Taipei Computer Association's Linux interest group recently signed a pact with their counterparts from mainland China's Co-Created Software League in...

Lite-On to Launch First-Time Job Cuts.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)-- Lite-On Technology Corp. recently confirmed reports circulating the company would cut jobs for the first time in its some 30-year history as a measure to reduce costs although...

Saturn Prefers Taiwan-made Automotive Navigation Products: Chairman Tsuha.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--Taiwan automotive electronics makers should work harder to upgrade themselves to tier-one suppliers for international automakers, suggested Wally Tsuha, chairman, CEO and...

AUO to Sell 19 QDI's SMT Production Lines to Taiwan SMT.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--AU Optronics Corp. (AUO), Taiwan's largest maker of thin-film-transistor liquid-crystal-display (TFT-LCD) panels, plans to sell 19 surface-mounting technology (SMT) production...

Taiwan's Monthly Pay Dips 3rd Time in First 7 Months of 2006.
September 29, 2006... (From Taiwan Economic News) Taipei, Sept. 29, 2006 (CENS)--Taiwan's average real regular monthly pay for employees witnessed a negative annual growth of 0.15% to NT$34,624 (US$1,049.2 at US$1 = NT$33) in the first seven months of this...

Gov't to Sell Out Stakes in Five Financial Institutions in Three Years.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--The government will sell out its stakes in five financial institutions for which it doesn't have dominating influence after the major private shareholders have raised their...

Taishin Plans to Merge With Changwa Bank Via Share Swapping.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--In line with the plan of the Ministry of Finance (MOF) to sell out government's stakes in financial institutions in which it doesn't have dominating influence, Taishin Financial...

Non-life Insurance Industry Saw Premium Revenues Drop 6% in August.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--The premium revenues generated by Taiwan's non-life insurance companies dropped to NT$8.46 billion (US$256.26 million at US$1:NT$33) in August, down 6% from the NT$9.013 billion...

TAMI Spotlights Latest Wares on Special Stage at TITAS 2006.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--The Taiwan Association of Machinery Industry (TAMI) will set up a special stage for textile machinery at the Taipei Innovative Textile Application Show slated for Oct. 3-5 at the...

Taiwan-Made OLED Panel Goes Into Sony-Ericsson Handset.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--Taiwan-made organic-light-emitting-diode (OLED) panel has been reportedly built into the latest Sony-Ericsson mobile phone, which debuted in Hong Kong recently and will be...

TSMC to Introduce 55nm Process Technology in Q2 of 2007.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) plans to roll out the 55-namometer process technology in the second quarter of 2007 in a bid to further widen the gap in the...

DaimlerChrysler Taiwan to Hike 2007 Prices Despite Slowdown.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--Among all the major imports in Taiwan, only DaimlerChrysler Taiwan (DCT) plans to hike its 2007 Mercedes-Benz prices by NT$30,000 to NT$140,000 (US$915 to US$4,268 at US$1:...

Asustek to Ship 3G Smartphones to Vodafone.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--Asustek Computer Inc. of Taiwan, the world's largest maker of motherboards, recently claimed that its first third-generation (3G) cellphone model would be vended in some European...

Taiwan's Export Order Value Hit Record Monthly High of US$26.21 B. in August.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--Export orders received by Taiwan manufacturers and traders in August of this year hit a record monthly high of US$26.21 billion for an annual rise of 18.34%, according to the...

Taiwan's Jobless Rate Hit 10-Month High of 4.09% in August.
September 28, 2006... (From Taiwan Economic News) Taipei, Sept. 28, 2006 (CENS)--Taiwan's jobless rate edged up 0.04 of a percentage point to 4.09% in August, the highest in 10 months, yet it was down 0.27 of a percentage point from the corresponding figure...

SKF Technical Seminar Earns High Marks in Taiwan.
September 28, 2006... (From Taiwan Economic News) By BEN SHEN Sweden's SKF Group held a "SKF Technical Press Day" seminar in Tokyo on Sept. 14 to inform businesses about how they can benefit from its expertise. The seminar attracted more than 100 participants...

Taiwan's Global Competitiveness Plunges on Card Debt and Political Turmoil.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Taiwan's ranking in global competitiveness plunged five notches to 13th place in 2006 in the evaluation by the World Economic Forum (WEF), due mainly to political turbulence and...

Fitch to Host Structured Finance and CDO Conference Tomorrow in Taipei.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Fitch Ratings Corp., one of the world's renowned credit ratings service providers, will host a structured finance & CDO conference 2006 tomorrow at Far Eastern Plaza Hotel in...

Altek Said to Have Secured Pentax Orders.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Altek Corporation, one of Taiwan's leading contract manufacturers of digital still cameras (DSCs), is said to have acquired orders from Pentax of Japan for shipments beginning...

Philips and Taiwan CD Makers Resolve Licensing, Royalty Disputes.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Ritek Corp. signed an agreement this Monday (Sept. 25) to join Royal Philips Electronics' Veeza licensing system. In the meantime, Philips announced it would cut royalty charge...

Advance Agro Introduces Online Photocopy Service.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Advance Agro Public Co., Ltd., Thailand's largest pulp and paper manufacturer, recently introduced online photocopy service in Taiwan with its "Double A" brand name. The company...

Kirchhoff Automotive Sends Procurement Officials to Taiwan.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Two purchase officials of Kirchhoff Automotive of Germany recently held a procurement-explanation seminar in Taiwan under the invitation of Taiwan External Trade Development...

Taiwan Financial Institutions See 1st Drop in Staff in a Decade.
September 27, 2006... (From Taiwan Economic News) Taipei, Sept. 27, 2006 (CENS)--Taiwan's financial institutions saw a total of 163,171 employees at the end of June of this year, down 2,200 persons from the corresponding figure posted at the end of December...

Market Capitalization of TAIEX Listed Firms See Major Fluctuations.
September 27, 2006... (From Taiwan Economic News) Taiwan's stock market has not moved much this year, but some companies listed on the TAIEX have seen large fluctuations in their market capitalization. Hon Hai Precision Industry has recorded the biggest...

Airport MRT Breaks Ground.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--The section from Sanchung city of Taipei county to Taipei city of the external linking mass rapid transit system for Taoyuan International Airport (CKS Airport) broke ground...

Kolin to Shut Down Domestic CRT TV Production Lines.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--Kolin Corp. in Taiwan will shut down the production of cathode ray tube (CRT) TVs domestically and take such production facilities to the Philippines in November, faster than...

Taiwan's Machine Tool Makers Scored Big Harvest at 2006 IMTS.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--Taiwan's manufacturers of machine tools participated in the 2006 International Manufacturing Technology Show (IMTS), held at the McCormick Place showground, Chicago of the U.S....

Foundry Business to Take Three to Six Months to Upswing: TSMC Executive.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--F.C. Tseng, vice chairman of foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC), recently said the foundry industry would begin turning strong only after depleting...

New Century InfoComm Plans to Reduce Capitalization.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--Taiwanese telephone carrier New Century InfoComm Co. mulls cutting capitalization from NT$47.5 billion (US$1.4 billion at US$1:NT$32) to NT$40 billion (US$1.2 billion), a minimum...

AGC Suspends Glass Furnace for Maintenance in Taiwan.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--Asahi Glass Co. (AGC) of Japan has announced a three-month suspension of one of its two glass furnaces in Taiwan to facilitate annual maintenance The furnace in question...

Plastic Cards Issued in Taiwan to Be All Chip-integrated by Yearend.
September 26, 2006... (From Taiwan Economic News) Taipei, Sept. 26, 2006 (CENS)--To protect cardholders from abused by copied credit cards or piracy, the Bankers Association of ROC has launched a project to equip all financial cards with chips to replace the...

CBC May Cease to Raise Interest Rates Again.
September 25, 2006... (From Taiwan Economic News) Taipei, Sept. 25, 2006 (CENS)--Following suspension of interest-rate hike by the U.S. Fed, the Central Bank of China (CBC) may also cease to raise Taiwan's interest rates again, according to a survey of the...

Political Leaders Urge Dialogue to Solve Political Confrontation.
September 25, 2006... (From Taiwan Economic News) Taipei, Sept. 25, 2006 (CENS)--In order to alleviate the political turmoil caused by contention between advocates of the on-going "Depose Chen Shui-bian" movement and the force supporting Chen, Ma Ying-jeou,...

Shinkong to Set Up TAC Film Plant in Chunan.
September 25, 2006... (From Taiwan Economic News) Taipei, Sept. 25, 2006 (CENS)--Shinkong Synthetic Fiber Corporation, one of Taiwan's leading integrated producers of textiles, will invest between NT$7 billion (US$212.12 million at US$1:NT$33) and NT$10...

Taiwan's First-year Life Insurance Premiums Down 6.4% in First 8 Months.
September 25, 2006... (From Taiwan Economic News) Taipei, Sept. 25, 2006 (CENS)--Revenues for first-year life insurance premiums totaled NT$327.4 billion (US$9.92 billion at US$1:NT$33) in the first eight months of this year, representing a decline of 6.4%...

ASML Mulls Opening R&D Facility in Taiwan.
September 25, 2006... (From Taiwan Economic News) Taipei, Sept. 25, 2006 (CENS)--Lithography-equipment supplier ASML Holding NV of Holland is evaluating a plan to open an NT$10 billion (US$312.5 million at US$1:NT$32) research and development facility in...

TSMC Unseats Hon Hai as No.1 Taiwanese Patent Holder in U.STaipei, Sept. 25, 2006 (CENS)--Last year, Taiwan Semiconductor Manufacturing Co. (TSMC) replaced Hon Hai Precision Industry Co., Ltd. as the No.1 Taiwanese patent holder in the United States, a.
September 25, 2006... (From Taiwan Economic News) The two academic organizations surveyed 101 Taiwanese U.S patent holders and chose the top 100 last year. The organizations' surveyors pointed out that TSMC hold patents in seven of the 21 surveyed categories,...

Taiwanese Top 10 U.S. Patent Holders.
September 25, 2006... (From Taiwan Economic News) Patent Holder Year 2005 Ranking Year-To-Year Comparison Year 2004 Ranking TSMC 1 Advance 2 Hon Hai 2 Decline 1 ITRI 3 Unchanged 3 VIA 4 Advance 6 BenQ 5 Unchanged 5 AU Optronics 6 Advance 11 Macronix 7 Decline...

Taiwanese Banks Posted Year's First Monthly Loss in July.
September 25, 2006... (From Taiwan Economic News) Taipei, Sept. 25, 2006 (CENS)--Taiwan's domestic banks posted pretax loss of NT$7.33 billion (US$222.12 million at US$1 = NT$33) in July, the first monthly loss ever recorded this year, according to the...

Municipal Governments in Serious Financial Strait.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--As of July this year, outstanding debts of various levels of governments in Taiwan had surpassed NT$4 trillion and with their outstanding debts approaching the legal ceiling, six...

Taiwan's President Chain Store to Set Up 2nd Headquarters in Shanghai.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--President Chain Store Corp. in Taiwan has decided to set up its second Chinese headquarters in Shanghai, aiming to coordinate the resources of its various subsidiaries to tap the...

More Electronics Sector Investments in China From Taiwan.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--Despite the impact of the macro-economic controls imposed by the mainland China government, investments there from domestic electronics firms are on the rise, given a decreased...

BenQ Mobile Adjusts Manufacturing Operation.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--BenQ Corp.'s spokesman, K.Y. Yu, denied news wires reporting that BenQ Mobile will sell its handset manufacturing facilities in Europe and Asia, but he conceded the company will...

E-Ton Supplies Solar Cells to British Building Material Supplier.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--E-Ton Solar Tech Co., Ltd., a leading Taiwanese manufacturer of solar cells, recently signed a one-year contract to supply four megawatts of cells to British building-material...

Shung Ye Group to Locally Assemble, Sell Mercedes-Benz Truck Trailers.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--DaimlerChrysler Taiwan (DCT) recently decided to further expand its operation of locally assembling and sales of Mercedes-Benz truck trailers with the Shung Ye Group, the leading...

Taiwan Firms Advised to Cooperate With Major Automakers in China.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--Some experts suggested local auto and parts makers cooperate with the top-15 automobile-manufacturing conglomerates in mainland China in automotive electronics, fuel cell,...

Hsinchu Science Park Sees Stagnant Export Growth.
September 22, 2006... (From Taiwan Economic News) Taipei, Sept. 22, 2006 (CENS)--The Hsinchu Science Park (HSP) in northern Taiwan has been experiencing stagnant export growth in recent years due mainly to the shrinking computer and information technology...

Leading Chinese Maker Steps Into Taiwanese Internet Market.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--Furnished with its strong price edge, Huawei, China's leading Internet communications equipment maker, is endeavoring to extend its reach into the Taiwanese market, notably the...

Tycoons of Taiwan and Jigang of Mainland China to Set Up Steel Mill in Vietnam.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--The Vietnamese government recently approved an application filed by the Taiwan-based Tycoons Group Enterprise Co. and mainland China-based Jinan Iron & Steel Group Corp. (Jigang)...

Hon Hai Most Profitable Taiwan Firm in Mainland China.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--The top-three most-profitable Taiwanese firms in mainland China in the first half of this year, in descending order, were Hon Hai Precision Industry Co., Walsin Lihwa Corp., and...

Nintendo Reportedly Join Rivals to Place Delta With Contracts for Latest Machine' Power Supply.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--Delta Electronics Inc. has reportedly had its power supply for the Wii game console approved by the supplier of the game machine, Nintendo, and will begin delivery sometime next...

FSP Successfully Develops LCD TV Power Supply.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--FSP Group recently landed orders from South Korean and Japanese LCD-TV suppliers for its power supplies shortly after it introduced the leading-edge product specifically designed...

Sales of New PTWs in Taiwan Down 12.6% in August.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--The sales of new powered two-wheelers (PTWs) in Taiwan in August declined by 12.6% in volume from a year earlier to 67,855 units, but edged up 0.2% from a month earlier,...

Taiwan's Exports of Medical Equipment to Rise 15% This Year.
September 21, 2006... (From Taiwan Economic News) Taipei, Sept. 21, 2006 (CENS)--Thanks to the growing orders for contact lens and blood glucosemeters, the export value of Taiwan's medical equipment and pharmaceuticals is estimated to grow by 15% from a year...

TSE Pushes Share Listings by Taipower and CPC.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--In order to invigorate the domestic stock market, Chen Shu, chairman of Taiwan Stock Exchange (TSE), has officially requested state enterprises Taiwan Power and Chinese Petroleum...

FSC Plans to Launch 90 IPOs in Three Years.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--The Cabinet-level Financial Supervisory Commission (FSC) has drawn up a "Greater Investments in Taiwan" plan, calling for an addition of 90 IPOs (initial public offerings)...

Fujitsu to Increase Procurements in Taiwan to 50 B. Japanese Yen in 2006.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--Fujitsu Limited of Japan, the world's third-largest information-technology service provider, will procure 50 billion Japanese yen worth of products in Taiwan this year, five...

Hon Hai Mulls Acquisition of IT Retailer Sunfar.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--Impressed by the high growth potential of mainland Chinese information-technology market, Hon Hai Precision Industrial Co., Ltd. mulls to buy a 30% stake in Taiwan-based...

Samsung to Hold Procurement Talks With Taiwanese Suppliers in October.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--Won-Dae Cha, representative of Samsung Electronics' international purchasing center in Taiwan, recently said that his company would hold procurement talks in October with...

Hon Hai's Shandong Production Base Eyes Northeast Asia Market.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--Some foreign institutional investors said that Taiwan's Hon Hai Precision Ind. Co. Ltd. has the chance to win big-ticket OEM orders from Samsung and Sony, with the support of its...

CPT Joins Supply Chain of World's Top-5 LCD TV Brands.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--Focusing more on shipments to first-class international LCD TV brands, Chunghwa Picture Tubes, Ltd. (CPT), the No. 3 thin film transistor-liquid crystal display (TFT-LCD) panel...

Taiwan May Become World's No. 1 Supplier of LCD TVs This Year.
September 19, 2006... (From Taiwan Economic News) Taipei, Sept. 19, 2006 (CENS)--Taiwan's manufacturers of liquid crystal display (LCD) television sets are witnessing their shipments rise significantly in September on booming market demand for LCD TVs for the...

Chunghwa Telecom Chooses Three Underwriters for ADR Issuance.
September 18, 2006... (From Taiwan Economic News) Taipei, Sept, 18, 2006 (CENS)--Chunghwa Telecom selected yesterday (Sept. 17) Goldman Sachs, Morgan Stanley, and U BS as the underwriters for the issuance of its American Depository Receipts (ADR), approaching...

'Depose Chen' Advocates to Initiate a National Strike.
September 15, 2006... (From Taiwan Economic News) Taipei, Sept. 15, 2006 (CENS)--Taiwan may experience the first political strike ever, as the decision-making panel of the on-going "Depose Chen Shui-bian" movement has decided to initiate a national strike to...

Fund Managers Shift Focus to Overseas Markets.
September 15, 2006... (From Taiwan Economic News) Taipei, Sept. 15, 2006 (CENS)--Affected by lackluster performance of the Taiwanese stock market, domestic fund managers have shifted their business focus to overseas markets, channeling hundreds of billions of...

Shin Kong Most Profitable Financial Holding Firm in First Eight Months.
September 15, 2006... (From Taiwan Economic News) Taipei, Sept. 14, 2006 (CENS)--Shin Kong Financial Holding and Cathay Financial Holding were the two most profitable financial holding firms in the first eight months this year, racking up NT$1.71 and NT$1.37...

Taiwan's Tax Revenues Up 3.7% to NT$86.5 B. in August.
September 15, 2006... (From Taiwan Economic News) Taipei, Sept. 15, 2006 (CENS)--The government collected total tax revenues of NT$86.5 billion in August, representing a slight growth of 3.7% or NT$3.1 billion from the same month of last year, according to...

TRC Projects Stable Outlook for Taiwan's Life Insurance Industry.
September 15, 2006... (From Taiwan Economic News) Taipei, Sept. 15, 2006 (CENS)--The outlook on Taiwan's life insurance industry is stable with medium risk, according to a report titled "Life Insurance Industry Risk Analysis: Taiwan," jointly published by...

Top TSMC Executive Warns Investors Against Lingering Inventory.
September 15, 2006... (From Taiwan Economic News) Taipei, Sept. 15, 2006 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) Chief Executive Officer Rick Tsai yesterday told an institutional investor conference that the world's No.1 silicon-foundry giant...

Taiwan Jumps on the Global Photovoltaic Power Generation Bandwagon.
September 15, 2006... (From Taiwan Economic News) To address the twin problems of declining energy supplies and increasing CO2 emissions, the Taiwan government has decided to join the burgeoning global effort to develop photovoltaic products and markets. The...

Fujian Proposes Stepping Up Financial Cooperation With Taiwan.
September 14, 2006... (From Taiwan Economic News) Taipei, Sept. 14, 2006 (CENS)--Under the auspices for the development of the 'Taiwan Strait West Coast Economic Zone," the Fujian provincial government recently requested the Chinese central government to...

Uni-President Wins Sponsorship for Beijing Olympic Games.
September 13, 2006... (From Taiwan Economic News) Taipei, Sept. 13, 2006 (CENS)--Beijing Olympic Games Organizing Committee announced yesterday (Sept. 12) that Uni-President Enterprises has been selected as the exclusive instant-noodle sponsor, or the 10th...

Business Community Concerns About Impact of Strike on Economy.
September 12, 2006... (From Taiwan Economic News) Taipei, Sept. 12, 2006 (CENS)-In order to augment the pressure for President Chen Shui-bian to step down, some leaders of the on-going "Depose Chen Shui-bian" movement have proposed to stage a national strike...

Cable-TV Operators Required to Offer Free STBs Starting in 2007.
September 11, 2006... (From Taiwan Economic News) Taipei, Sept. 11, 2006 (CENS)--The National Communications Commission (NCC) plans to revise related laws and require local cable-TV operators to provide their subscribers set-top boxes (STB) free of charge...

New Regulations Make Financial Hostile Takeovers More Difficult.
September 8, 2006... (From Taiwan Economic News) Taipei, Sept. 8, 2006 (CENS)--Domestic financial institutions will have more difficulty carrying out hostile takeover in the future, due to the announcement by the Financial Supervisory Commission (FSC)...

No Application Filed for Preferential Loans for Taiwan Investments.
September 7, 2006... (From Taiwan Economic News) Taipei, Sept. 7, 2006 (CENS)--In order to encourage Taiwanese businessmen with overseas operations to make investments back in Taiwan, the Ministry of Economic Affairs (MOEA) offered NT$200 billion soft loans...

Taiwan's CPI Tumbled 0.57% in August.
September 6, 2006... (From Taiwan Economic News) Taipei, Sept. 6, 2006 (CENS)--Taiwan's consumer price index (CPI) in August dropped 0.57% year-on-year to 104.73, its first decline since January 2004, due mainly to plunge in produce prices, reported...

Issuance of Corporate Bonds May Hit Three-Year High in Sept.
September 5, 2006... (From Taiwan Economic News) Taipei, Sept. 5, 2006 (CENS)--Taking advantage of low domestic interest rates, local enterprises are rushing to issue corporate bonds, in order to secure low-cost funds, as a result of which total issuance of...

NCC to Strictly Review License Renewal of Cable-TV Operators.
September 4, 2006... (From Taiwan Economic News) Taipei, Sept. 4, 2006 (CENS)--To prevent engagement in financial leverage games by cable-TV operators, the National Communications Commission (NCC) will carry out face-to-face communications with each of the...