Dairy firms fined over price hikes

The China Post - The Cabinet-level Fair Trade Commission (FTC) yesterday slapped Taiwan's major dairy companies with fines totaling NT$11.5 million for what FTC termed as "joint raising of milk prices." Full Story

Gov't plans NT$10 bil. investment in medium-sized enterprises

The China Post - The Ministry of Economic Affairs (MOEA) yesterday kicked off an action plan to join forces with seven selected venture capital firms to intensify investments in local small and medium-sized enterprises (SMEs), in a bid to generate 20,000 job opportunities. Full Story

Taiwan's trade with China rises 14%

The China Post - Taiwan's two-way trade with China shot up 14 percent in the first half of the year from the same period in 2006, boosted by rising world demand for computers and electronics products, the Taiwan government said yesterday. Full Story

DoCoMo to sell Fujitsu, High Tech Computer Corp. phones

The China Post - NTT DoCoMo Inc., Japan's biggest mobile-phone company, will sell smart phones made by Fujitsu Ltd. and Taiwan's High Tech Computer Corp. (HTC) to attract business users. The phones will be sold from the first quarter of next year, Tokyo-based DoCoMo said Thursday. Full Story

Chunghwa says 10% profit growth in 2007 'achievable'

The China Post - Chunghwa Telecom Co., Taiwan's largest phone operator, said 2007 profit growth of 10 percent is "achievable" as depreciation costs fall and sales will beat an earlier projection. Full Story

Recession hits communication products sector

The China Post - Taiwan's communication equipment production has recently recorded its first recession since 2002, with the output value for the first half of this year registering a decline of 5.4 percent over the same period of 2006, according to statistics released yesterday by a non-profit research center. Full Story

EVA Air's Q2 loss widens as Taiwan cargo traffic falls

The China Post - EVA Airways Corp., Taiwan's second-largest carrier, posted a wider loss in the second quarter because of a slump in the island's air-cargo demand. Full Story

Uni-President doubles second-quarter profit: Citigroup report

The China Post - Uni-President Enterprises Corp., Taiwan's biggest processed food maker, climbed to a record in Taipei after second-quarter profit doubled and Citigroup Inc. raised its price target for the stock. Full Story

Taiwan flour millers seek 46,000 tons of United States wheat

The China Post - The Taiwan Flour Millers Association, which represents 34 grain users, reissued a tender to import 46,000 tons of U.S. No. 1 wheat after it failed to buy the grain on Tuesday. Full Story

Consumer confidence hits 6-year low in August

The China Post - Consumer confidence reached a six-year low in August due to price increases and stock declines amid U.S. subprime woes, a report showed yesterday. Full Story

Shares close 1.48% higher

The China Post - Taiwan share prices closed 1.48 percent higher Thursday as investors were encouraged by optimism on Wall Street that the U.S. Fed might cut its key rate and give the market a big push, dealers said. Full Story

Oil, commodity price hikes cost locals dearly: survey

The China Post - Surging oil and commodity prices have incurred a combined estimated extra expenditure of NT$46 billion (US$1.4 billion) per month for local people aged over 18, according to the results of a survey released by a local magazine yesterday. Full Story

Businesspeople protest against 'unsafe' Chinese bed sheets

The China Post - A group of Taiwanese businesspeople protested yesterday over the import of Chinese-made bed sheets they say contain toxic substances. Full Story

Cabinet approves revisions to land tax law

The China Post - The Cabinet yesterday approved a set of revisions to the land tax law, allowing nationals to enjoy a preferential land value increment tax rate of only 10 percent during their lifetime on earnings from sales of residential houses, instead of the existing practice of "just once for life." Full Story

Taiwan to attend Asia Pacific Economic Cooperation Business Summit in Australia

The China Post - Prominent Taiwanese business leaders met Wednesday morning in anticipation of the Asia Pacific Economic Cooperation (APEC) Australia 2007 Business Summit in Sydney, Australia, Sept. 2 through Sept. 7. Full Story

Nine firms awarded 'Rising Star' for export performance

The China Post - The Small and Medium Enterprises Association (SMEA) rewarded yesterday nine SMEs with the "Rising Star Award" in recognition of their contribution to Taiwan's export performance. Full Story

Shares fall 0.97% as late buying curtails early falls

The China Post - Taiwan share prices closed down 0.97 percent Wednesday as late buying curtailed early falls triggered by Wall Street's overnight slump, dealers said. Full Story

No plans for Taiwan to import China liquor

The China Post - The government currently has no plans to allow liquor from China to be imported into Taiwan, Executive Yuan Secretary General Chen Chin-jun said yesterday. Full Story

China to put tax on Taiwan bisphenol A products

The China Post - Starting today, China will impose a five-year anti-dumping tax of 5.3 to 6 percent on bisphenol A products made by some Taiwan companies, the Chinese Ministry of Commerce announced yesterday. Full Story

China Steel Q2 net up 56% vs. year ago

The China Post - Taiwan's China Steel Corp., the island's biggest steel maker, said its net profit jumped 56 percent in the second quarter due to a low base and as high raw material costs supported prices. Full Story

Wang deals Acer to No. 3 with Gateway buy

The China Post - Since taking the helm at Taiwan's top PC maker two years ago, J. T. Wang has trumped his opponents by building Acer Inc. into the world's No.3 computer maker. Full Story

Foxconn starts Vietnam operations

The China Post - Taiwan's Foxconn, the world's top maker of outsourced electronics, yesterday started operations in northern Vietnam, kicking off investment plans it says will reach US$5 billion. Full Story

Chi Mei to invest NT$2.4 billion in display module unit

The China Post - Chi Mei Optoelectronics Corp., Taiwan's second-largest liquid-crystal display maker, said it will invest NT$2.4 billion in a new business to make small and medium-sized display modules. Full Story

Taiwan seeks coal-fired power plants to plug shortfall

The China Post - Taiwan is seeking private companies to invest in the island's power generation sector with a preference for coal-fired plants, in an an attempt to boost supply amid concerns of blackouts that could affect thousands. Full Story

Taiwan Power plans issuing NT$25 billion in 5-year bonds

The China Post - Taiwan Power Co. (Taipower) plans to issue about NT$25 billion worth of five-year secured corporate bonds in the second half to boost its working capital, a senior company official said. Full Story

The Ministry of Economic Affairs to open offshore wind turbines

The China Post - The Ministry of Economic Affairs (MOEA) is set to open up six sea areas off the coast of Taiwan for wind turbine installations, with an estimated power generation capacity of 300,000 kilowatts in the first stage of its "offshore wind power development guidelines," government sources reported yesterday. Full Story

LDK wins US$495 mil. deal from Neo Solar Power

The China Post - LDK Solar Co., a Chinese maker of materials used to produce solar cells, won a contract worth about US$495 million from Taiwan's Neo Solar Power Corp., gaining a second order with a Taiwanese company in less than two weeks. Full Story