Quanta Display in merger talks
Quanta Display Inc (廣輝電子), a flat-panel venture controlled by Sharp Corp and Quanta Computer Inc (廣達電腦), is in merger talks with rivals, a local newspaper said, citing Quanta chairman Barry Lam (林百里). Lam's comment comes after Chi Mei Optoelectronics Corp (奇美光電) chairman Hsu Wen-long (許文龍) last weekend said Chi Mei is in merger talks with rivals, the report said.
Banks to charge service fees
Starting Feb. 1, state-owned banks, including Bank of Taiwan (台銀), First Commercial Bank (一銀), Chang Hwa Bank (彰銀) and Hua Nan Commercial Bank (華銀) will charge over-the-counter fees for financial services including the issuance of blank checks. Bank clients will pay NT$5 to NT$10 to receive a blank check, NT$100 to change their account identification imprints and NT$100 to re-issue new saving account books, while a stop-check request will cost NT$100 per transaction.
Bally Total Fitness eyes Taiwan
Bally Total Fitness Holding Corp, said it will open new health clubs in Taiwan, Thailand, Singapore, Malaysia and the Philippines to expand its franchise. The first club in Taiwan will open as soon as June the company said.
NT dollar dips versus greenback
The New Taiwan dollar yesterday traded lower against its US counterpart, declining NT$0.018 to close at NT$34.485 on the Taipei foreign exchange market. Turnover was US$377.5, compared with last Friday's US$623 million.
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