Friday, October 12, 2007

Google Maps Taiwan offers free ad listings, traffic info

The China Post - Google Taiwan announced yesterday the addition of a free advertising platform on its well-known Google Maps that allows users to add personal and business listings based on location. Full Story

Nestle Taiwan — drive of health, nutrition, wellness life

The China Post - Almost a century and a half ago, Swiss pharmacist Henri Nestle invented a milk food for infants which saved the life of a neighbor's child and helped combat the high infant death rate in Europe at the time. Full Story

Cathay Financial falls after gaining on quarterly profit surge

The China Post - Cathay Financial Holding Co., Taiwan's biggest financial services company, fell in Taipei after earlier rising to an 11-week high on quarterly profit that tripled as fewer customers defaulted on credit-card repayments. Full Story

Fair Trade Commission to probe CPC's crude oil costs

The China Post - The Fair Trade Commission (FTC) said yesterday that it will conduct an investigation into the crude oil purchase costs of the state-owned CPC Corp. Taiwan. Full Story

Taiwan Semi, United Micro shares decline after report

The China Post - Taiwan Semiconductor Manufacturing Co. and United Microelectronics Corp. fell in Taipei trading after a newspaper reported the chipmakers plan to cut capital spending in 2008 as they prepare for slowing demand. Full Story

Think-tank revises growth up to 4.61%

The China Post - The Taipei-based Polaris Research Institute revised upward yesterday its forecast for Taiwan's economic growth for 2007 from 4.58 percent to 4.61 percent. Full Story

86% of Gateway shares tendered as bid ended

The China Post - Acer Inc., which agreed to buy Gateway Inc. for US$710 million to become the world's third-biggest personal computer maker, completed its offer and said 86.09 percent of Gateway's shares were tendered. Full Story

Asian stocks close higher; gains limited by Wall St.

The China Post - Asian stocks closed mostly higher Thursday with investors focussing on domestic issues, however, a mixed performance by Wall Street overnight limited gains. Full Story

Shares rise on strong cement

The China Post - Taiwan shares rose Thursday on strong cement issues performance due to demand from China. Full Story

TSU urges government to tackle low-end tea imports

The China Post - Lawmakers and officials of the opposition Taiwan Solidarity Union (TSU) urged the government yesterday to tackle substandard tea imports from China and Vietnam, which they said have seriously affected the livelihoods of Taiwan's growers. Full Story

CAL, EVA Airways may offer flights to Prague

The China Post - China Airlines (CAL) and EVA Airways -- the country's two largest carriers -- expressed interests Thursday in offering flights to Prague, capital of the Czech Republic, after Taiwan and the Central European country signed an aviation agreement earlier in the day. Full Story

Photovoltaic output to hit NT$50 billion by 2009

The China Post - The annual output Taiwan's solar energy-related industry will top NT$50 billion (US$1.53 billion) in 2009, rising from a mere NT$7 billion in 2005, Minister of Economic Affairs Steve R.L. Chen said yesterday. Full Story

Thursday, October 11, 2007

Labor income share in Taiwan GDP drops

The China Post - The share of labor income in Taiwan's gross domestic product (GDP) has been declining over the past two decades, with the ratio having dropped from 51.4 percent in 1990 to 45.8 percent in 2005, according to a report released yesterday by the Directorate General of Budget, Accounting and Statistics (DGBAS). Full Story

Rotterdam to pip Kaohsiung as 6th-largest container port in '07

The China Post - Rotterdam Port will replace Taiwan's Kaohsiung Harbour as the world's 6th-busiest container port by the end of 2007, a newspaper said yesterday. Full Story

Forum to address investment in China

The China Post - The Department of Business Administration at National Taipei University announced yesterday it will hold a business forum addressing issues and policies related to Taiwan investment in mainland China. Full Story

Shopping becomes Japan's top draw: study

The China Post - Shopping has replaced culture as the top draw for tourists to Japan as Asian travelers flock to buy electronics products and clothing, an industry survey showed Tuesday. Full Story

Decline in gas sales as drivers complain of cost

The China Post - Gasoline sales have declined slowly amid a rise in gas prices and driver complaints about rising costs at the pumps. Full Story

Online purchases to top NT$185 billion in 2007: III

The China Post - Taiwan's online shopping business is forecast to top NT$185.5 billion for 2007, the quasi-governmental Institute for Information Industry (III) reported yesterday. Full Story

China, Hong Kong and India again at record closes

The China Post - Most Asian markets rose Wednesday, with markets in China, Hong Kong and India again finishing at record closes. Full Story

India's bull market run has further record highs to go: analysts

The China Post - India's stock market has rocketed nearly 3,000 points in three hectic weeks to hit record highs and analysts say the bull run has further to go. Full Story