A food fair is scheduled to be held from Thursday to Sunday in Kaohsiung City under the auspices of the Taiwan External Trade Development Council (TAITRA) and the Kaohsiung City Marine Bureau, a TAITRA official said yesterday.
The official said that approximately 150 manufacturers would showcase their products in the three-day 2007 Kaohsiung Food Show, which will be divided into sections including processed food, fresh fruit and agricultural products, food-processing machinery and vintage brands.
The fair at the Kaohsiung Business Exhibition Center (
To highlight the strengths of Kaohsiung, the official said the Marine Bureau would create a display of frozen tuna, including Big eye, Yellow-fin, Mediterranean and Southern tuna.
The public will be invited to sample tuna sashimi and pick up information on the different tuna varieties.
Another highlight of this year's show will be the vintage brands section, where Taiwan's traditional culinary arts and local specialties, such as pineapple cake, pickled fruits and handmade string noodles, will be on display, the official said.
The exposition is expected to attract dozens of international large-scale buyers from other Asia-Pacific countries, such as Japan, Korea, China, Singapore and Indonesia, the official said.
Prospective buyers will be able to negotiate on prices and discuss product details with suppliers of agricultural products and other foods at the fair's 120 negotiating sessions.
At TAITRA's invitation, the famous Japanese supermarket group Daiei Inc, Okinawan fruit importer Okinawa Miyako Noen, Korean aquatic products importers CJ Food System and MKC Food Co Ltd, Wal-Mart China, Indonesia's PT. Sukanda Djaya, Singapore's Hupco Pte Ltd and Hong Kong fruit importer Jet All Trading Ltd will send delegations.
In addition, TAITRA will hold information briefings on Wednesday concerning Wal-Mart and Daiei Inc's procurement policies. Senior procurement managers from the two companies will speak on the operations of their supermarkets and on procurement procedures and supplier screening.
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
‘IMMENSE SWAY’: The top 50 companies, based on market cap, shape everything from technology to consumer trends, advisory firm Visual Capitalist said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was ranked the 10th-most valuable company globally this year, market information advisory firm Visual Capitalist said. TSMC sat on a market cap of about US$915 billion as of Monday last week, making it the 10th-most valuable company in the world and No. 1 in Asia, the publisher said in its “50 Most Valuable Companies in the World” list. Visual Capitalist described TSMC as the world’s largest dedicated semiconductor foundry operator that rolls out chips for major tech names such as US consumer electronics brand Apple Inc, and artificial intelligence (AI) chip designers Nvidia Corp and Advanced
Saudi Arabian Oil Co (Aramco), the Saudi state-owned oil giant, yesterday posted first-quarter profits of US$26 billion, down 4.6 percent from the prior year as falling global oil prices undermine the kingdom’s multitrillion-dollar development plans. Aramco had revenues of US$108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw US$107.2 billion in revenues and profits of US$27.2 billion for the same period last year. Saudi Arabia has promised to invest US$600 billion in the US over the course of US President Donald Trump’s second term. Trump, who is set to touch
SKEPTICAL: An economist said it is possible US and Chinese officials would walk away from the meeting saying talks were productive, without reducing tariffs at all US President Donald Trump hailed a “total reset” in US-China trade relations, ahead of a second day of talks yesterday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post early yesterday, Trump praised the “very good” discussions and deemed them “a total reset negotiated in a friendly, but constructive, manner.” The second day of closed-door meetings between US Secretary of the Treasury Scott Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng (何立峰) were due to restart yesterday morning, said a person familiar