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  • November 23, 2014
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  1. News - China - TAIWAN

    Economists blame Taiwan protests on fears of Beijing 'annexation'

    Posted Mar 24th 2014, 07:38pm by Lawrence Chung, Patrick Boehler

    ... mainland firms to invest in 64 service sectors in Taiwan, including advertising, retail and medical services. Mainland businesses with more than US$200,000 in capital would be able to send workers ... to the economics of the pact," said Christopher Balding, an economics professor at the Peking University HSBC School of Business in Shenzhen. "There is this fear in Taiwan that they are being ...

  2. Taiwanese businesses greet their newest customers

    Posted Jul 05th 2008, 12:00am by Lawrence Chung

    ... policy, other service and business sectors might not. 'It won't do any good to us taxi drivers because these tourists have to travel in groups [in buses],' said Hsu Te-wang ... sworn enemy. When asked how business was, Ms Chang, a worker at Taiwan Post, flashed a satisfactory smile and replied: 'Not bad at all.' Many Taiwanese businesses are eyeing the influx ...

  3. News - China - TAIWAN

    Beijing's top Taiwan man Zhang Zhijun visits island for first time

    Posted Jun 24th 2014, 09:51pm by Lawrence Chung

    ... of students from I-Shou University in southern Taiwan. "Zhang must explain to us why the future of Taiwan should be decided by all Chinese people," Lin said. Political analysts said ... that the Kuomintang, had lost some popularity in Taiwan, they said. "Instead of meeting KMT bigwigs or business leaders, Zhang has chosen to focus his visit in central and southern Taiwan, deepen ...

  4. News - China - VIETNAM

    Taipei sends delegation to seek compensation from Vietnam

    Posted May 21st 2014, 04:38am by Lawrence Chung

    ... and help Taiwanese businesses seek compensation and restoration of operations from Vietnamese authorities, Mao said. According to Taiwan's economic ministry, 224 Taiwanese factories suffered ... US$3 million in property losses and a delay in the construction of a steel mill in Vietnam by one to two months due to the evacuation of 3,000 Chinese workers in the wake of the riots. Taiwan ...

  5. Late tycoon started out with a small rice store

    Posted Oct 17th 2008, 12:00am by Lawrence Chung

    ... at the age of 91, leaving behind a business empire worth HK$589 billion that he founded half a century ago. 'Our group founder passed away in his sleep early in the morning of October 15 during a visit to inspect the group's business in the US,' Formosa Plastic Group said yesterday. His nephew, William Wong Wen-yuan, said that even in the last stage of his life, the tycoon ...

  6. What's good for the goose

    Posted Oct 20th 2008, 12:00am by Lawrence Chung

    ... of the NT$2.5 trillion (HK$590 billion) Formosa Plastics Group died of cardiac arrest in his sleep at the age of 91 in the US on Wednesday during a visit to inspect its business in New Jersey. His life ... magazine rated Wang Taiwan's second-wealthiest man this year, with a net worth of US$6.8 billion. He was so successful that Japanese business professor Amuro Kenichi called him ...

  7. Taiwan demands apology and seeks compensation

    Posted Oct 01st 2008, 12:00am by Lawrence Chung

    ... Lawrence Chung in Taipei Taiwanese Premier Liu Chao-shiuan has demanded that the mainland apologise to Taiwan and make necessary restitution to related businesses on the island over the tainted milk crisis. 'I hereby officially ask the mainland government to apologise to us,' said Mr Liu yesterday when he was grilled by opposition Democratic Progressive Party lawmakers ...

  8. News - China - MEDIA

    Tsai Eng-meng lived up to his bulldog reputation with Next purchase

    Posted Dec 08th 2012, 12:00am by Lawrence Chung

    ... recent deal to buy part of the Hong Kong-based Next Media Group's Taiwanese print and television business demonstrates just how wilful and unyielding the 55-year-old Taiwanese billionaire ... business he established on the mainland in 1994. Marathon negotiations that began that afternoon and ended close to midnight in an upscale hotel in Macau secured victory for him in his first battle ...

  9. Chen and allies on new graft charges

    Posted Sep 23rd 2009, 12:00am by Lawrence Chung

    ... yesterday- this time for allegedly embezzling US$330,000 in diplomatic funds. The latest indictment would herald a series of other corruption charges against the ex-president and his wife, Wu Shu-chen, according to judicial officials. Prosecutors from the Special Investigation Task Force said last night that Chen had failed to return about US$330,000 after taking 11 overseas trips while ...

  10. Taipei market cheers plan for mainland investment

    Posted May 01st 2009, 12:00am by Lawrence Chung

    ... International Management Consultancy. He said while Taiwan had more than US$150 billion worth of investments on the mainland, it would be to the island's disadvantage if its market remained closed to the mainland. Facing a shortage of funds, many Taiwan businesses have repeatedly urged the government to open the island to mainland investments. The Ma government finally agreed to the liberalisation ...




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