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■ ECCT has new head
The European Chamber of Commerce Taipei (ECCT) said that Ralf Scheller, managing director of TUV Rheinland Taiwan Ltd, was unanimously elected chairman of the ECCT Board of Directors and will assume the post next year, according to a statement released yesterday. Scheller is the chairman of the ECCT Product Certification Committee, as well as the chamber's vice chairman. He will replace Dirk Sager of Melchers Trading, who served a maximum two-year term, the statement said.

■ Acer predicts profit rise
Acer Inc, the world's fourth-biggest supplier of personal computers, said profits next year will probably rise to NT$10 billion (US$301 million). The company's earnings per share will probably reach NT$4.3 and sales may increase to NT$321 billion next year, the Taipei-based company said in a statement to the Taiwan Stock Exchange yesterday. With subsidiaries included, sales may rise to NT$400 billion next year, Acer said. The company's profits are rising as it gains market share from rivals such as China's Lenovo Group Ltd (聯想). The company may become the No. 3 player in the global notebook market by mid-next year, president Gianfranco Lanci said in October.

■ NT dollar drops
The New Taiwan dollar declined against the US dollar on the Taipei Foreign Exchange yesterday, losing NT$0.013 to close at NT$33.187. A total of US$982 million changed hands during the day.

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