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Taipei, Oct. 29 (CNA) With local IC suppliers keen to expand production and upgrade technologies, imports of semiconductor equipment to Taiwan surged almost 80 percent over the past five years, according to the Ministry of Finance (MOF). ....
Taiwan s natural gas prices raised by 2.99% on average for May 05/01/2021 01:34 PM CNA file photo Taipei, May 1 (CNA) In the wake of a price hike in imported natural gas, CPC Corp., Taiwan, the country s sole state-run oil supplier, has announced a 2.99 percent average increase in prices for natural gas products, starting from May 1. After the price increase, households around the country are expected to see their natural gas bills rise between NT$6.6 (US$0.24) to NT$9.9 per month, based on the average household monthly consumption of 30 to 45 cubic meters of gas, according to an estimate by CPC. In the latest price adjustments, natural gas prices of public utilities have been raised by NT$0.22 per cubic meter, CPC said. ....
Fubon Financial rejects rumors Jih Sun deal related to Chinese tycoon 12/21/2020 03:20 PM CNA file photo Taipei, Dec. 21 (CNA) Fubon Financial Holding Co., one of the leading financial holding companies in Taiwan, on Monday dismissed speculation that its deal to acquire the smaller Jih Sun Financial Holding Co. is aimed at helping the latter s Chinese tycoon shareholder to dispose of his assets for cash. In a statement, Fubon Financial said before it announced on Friday a tender offer to acquire Jih Sun Financial that the company had never made any contact with any of the latter s two majority shareholders Japan s Shinsei Bank and Hong Kong-based Capital Target Ltd. which is reportedly owned by Chinese tycoon Xiao Jianhua (肖建華), head of the Chinese conglomerate Tomorrow Holding. ....