BES takes on CKS rail link
A consortium led by the BES Engineering Corp (中華工程) has decided to build a mass rapid transit rail link connecting Taipei and CKS international airport, local media reported yesterday.
BES chairman Shen Ching-ching (沈慶京) said that the consortium will pay a deposit of NT$100 million before next Tuesday to gain priority negotiation rights with the Ministry of Transportation and Communications.
The consortium consists of 12 local and foreign enterprises including the China Development Industrial Bank (中華開發銀行) and the Bombardier Group of Canada.
Chunghwa to up subsidies
Chunghwa Telecom Co (中華電信) plans to improve its revenue by increasing subsidies for buyers of cellphones that download data and video clips. Subsidies for a handset with a large color screen to will be as much as NT$3,000, a local newspaper reported.
FPG puts China school on hold
The Formosa Plastics Group (台塑集團) has put on hold a plan to build a hospital and nursing school in Guangdong. The decision was made after the Dongguan city government rejected the group's proposal to make the hospital a non-profit institution, a local newspaper said yesterday.
NT dollar dips
The New Taiwan dollar yesterday traded lower against its US counterpart, dropping NT$0.014 to close at NT$34.658 on the Taipei foreign exchange market.
RSS