Wed, Dec 20, 2006 - Page 11 News List

Business Briefs

STAFF WRITER WITH AGENCIES

■ CPC to raise wholesale prices

State-run Chinese Petroleum Corp (CPC, 中油) announced yesterday it would raise its wholesale gasoline price by NT$0.3 per liter and its diesel price by NT$0.2 per liter. The new rates will go into effect at midnight tonight.

The retail prices for 98-octane unleaded gas will be NT$29.2 (US$0.90), 95-octane unleaded NT$27.7, 92-octane unleaded NT$27.0 and top-grade diesel oil NT$23.7 per liter, CPC said.

The adjusted range was calculated by the price change of West Texas Intermediate crude over the past week in New York trade, which was up by 1.31 percent from the previous week, CPC said.

■ News platform inaugurated

The International News and Information Exposure Platform established by the Taiwan Stock Exchange Corp and the Central News Agency was formally inaugurated yesterday to enable local blue-chip companies to release their corporate news.

Premier Su Tseng-chang (蘇貞昌) delivered a congratulatory message at the inauguration yesterday.

By cooperating with US-based Business Wire, Su said, the new platform enjoys the "unique advantage" of online news distribution, providing local companies with immediate access to media outlets.

■ New Taiwan dollar dips

The New Taiwan dollar traded lower against its US counterpart yesterday and fell to a three-week low. The local currency declined by NT$0.144 to close at NT$32.744 on the Taipei Forex Inc, with turnover of US$945 million.

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