Latest Headline News From Taiwan

(ChinaPost.com.tw) - The U.S. dollar fell against the Taiwan dollar yesterday, losing NT$0.075 to close at NT$29.560.

(ChinaPost.com.tw) - Chang Hwa Bank's wealth management unit has designed a special package to Thailand for its VIP customers, the unit announced recently.

(ChinaPost.com.tw) - Taiwan's communication equipment production value totaled NT$208.6 billion in the first quarter, a decline of 19.8 percent quarter-on-quarter and 10.7 percent year-on-year, the Industry and Technology Intelligence Service (ITIS) under the Ministry of Economic Affairs (MOEA) reported yesterday.

(ChinaPost.com.tw) - The Taiwan Stock Exchange (TSE) has asked Yuanta Financial Holding to explain speculation that it may purchase Teampro Securities, local bourse representatives said yesterday.

(ChinaPost.com.tw) - A total of 42 large-scale housing projects will be launched during the so-called “520 Period,” in spite of a slowing economy and government measures to clamp down on speculation, My Housing Magazine reported yesterday.

(ChinaPost.com.tw) - The local bourse staged a technical rebound yesterday, rising above 7,300 points by the end of the session, after a slump the previous day caused by worries over the debt problems in the eurozone, dealers said.

(ChinaPost.com.tw) - Fair Trade Commission (公平會, FTC) Chairman Wu, Shiow-ming (吳秀明) stated yesterday that the FTC will summon representatives of Nexon Co. to talk next week concerning the takeover of Gamamia Digital Entertainment Co. (遊戲橘子). Nexon may be fined up to NT$25 million (US$833,333) and the FTC might acquire the authority to nullify the takeover of Gamamia, according to officials.

(ChinaPost.com.tw) - President Ma Ying-jeou vowed to further enhance Taiwan's trade liberalization in the upcoming four years by signing various international trade pacts. He made the remarks at the 2012 Europe Day dinner for the European Chamber of Commerce Taipei (ECCT, 台北市歐洲商務協會) yesterday evening.

(ChinaPost.com.tw) - Citing the word of South Korean President Lee Myung-bak that free trade agreements (FTA) are not a political issue but a matter of life and death, South Korean Trade Minister Bark Tae-ho encouraged Taiwan to expand its trade relations with other countries.

(ChinaPost.com.tw) - A historic sailing boat that left Taiwan 57 years ago on a cross- Pacific voyage was brought back yesterday to cheers by an excited crowd that included the boat captain's brother.

(ChinaPost.com.tw) - The ruling Kuomintang (KMT) has its mind set on passing U.S. beef-related regulation amendments within the current legislative session.

(ChinaPost.com.tw) - Members of the opposition Democratic Progressing Party (DPP) filed lawsuits against Taipei police yesterday for physical assault, a day after clashes broke out between party protesters and police.

(ChinaPost.com.tw) - Local people will see large increases in travel costs if they join Europe-bound tourist groups in the summer season of July to September, with each member to face a rise of NT$3,000 to NT$10,000 from the same period of last year. This is higher than the fee for other outbound tourist routes, according to reference prices released yesterday by the Travel Quality Assurance Association (TQAA).

(ChinaPost.com.tw) - The National Conscription Agency (NCA) yesterday pledged to look into the death of a conscript surnamed Chen after an opposition lawmaker said Chen's family had cast doubt over agency's listing of suicide as the cause of death.

(ChinaPost.com.tw) - Taiwan's weather remained unstable yesterday due to a stationary front, which the Central Weather Bureau warned gave a high likelihood of heavy downpours across the country throughout the day.

(ChinaPost.com.tw) - Taiwan is paying close attention to the development of maritime talks between China and Japan, the Ministry of Foreign Affairs said Thursday amid reports that the focus of the talks is centered on the Tiaoyutai Islands, a group of uninhabited islands in the East China Sea claimed by Taiwan, Japan and China.

(ChinaPost.com.tw) - The Fair Trade Commission will investigate complaints that the prices of certain staple goods on the Taiwan market have been increasing despite a recent drop in global commodity prices, the commission's chairman Wu Shiow-ming said yesterday.

(ChinaPost.com.tw) - Taiwan's largest airport is to be equipped with electric fences to step up its security network following a series of perimeter intrusions.

(ChinaPost.com.tw) - Founder Shi Wen-long (許文龍) of Chi Mei Industrial Group (奇美實業集團) yesterday officially donated his new private Chi Mei Museum, located in the Tainan Metropolitan Park, to the Tainan City Government. The new museum will become a landmark of the metropolitan city after it is ready for operation in 2013.

(ChinaPost.com.tw) - Director-General David W.J. Hsieh of the Tourism Bureau and Vice Governor David Zhang from central Henan province of China jointly kicked off a tourism industry cooperation summit and tourism promotion activities in Taiwan that will last until May 20.