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StarLux plans cash capital increase, hopes to raise NT$5 billion

Taipei, Feb. 22 (CNA) StarLux Airlines Co., Taiwan's newest international carrier, has decided to pursue a cash capital increase that it hopes will raise up to NT$5 billion (US$163.85 million) in funds, the company announced Tuesday.

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Lai-yen-hsi
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Starlux-airline

StarLux to launch direct flights to Los Angeles on April 26

Taipei, Feb. 11 (CNA) StarLux Airlines Co., the newest international carrier in Taiwan, announced on Saturday that it would launch direct flights to Los Angeles, its first destination outside of Asia.

Malaysia
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Philippines
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Formosa Plastics Group to pay year-end bonus of 4.06 months' salary

Taipei, Jan. 11 (CNA) The Formosa Plastics Group (FPG), one of the leading conglomerates in Taiwan, has decided to pay its employees year-end bonuses equivalent to 4.06 months' salary, after having paid year-end bonuses of seven months' salary last year.

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Lai-yen-hsi
Formosa-petrochemical-corp
Formosa-chemicals-fibre-corp

Highly leveraged property developers could bow out after bill passes

Taipei, Jan. 10 (CNA) After the Legislature passed a bill to deter house flippers in the presale home market Tuesday, it is likely highly leveraged property developers will exit the market amid a fall in liquidity and reduced opportunities to speculate in the property market, according to analysts.

Taipei
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Jessica-hsu
Chuang-meng-han
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Lai-yen-hsi
Sean-lin

China Airlines to raise wages by 3%, give 3-month salary year-end bonus

Taipei, Jan. 7 (CNA) China Airlines (CAL), one of the leading international carriers in Taiwan, said on Friday that it will raise wages by 3 percent on average for its employees and issue year-end bonuses equivalent to three months of salary.

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