Eyeing a growing trend among consumers of finding ways to save money amid rising costs, President Chain Store Corp (統一超商), which runs the nation’s largest convenience store chain, 7-Eleven, has been cooperating with the e-go Taiwan Car Rental Travel Group (e-go 台灣租車旅遊集團) to provide pooled ride services from Taipei City to Taiwan Taoyuan International Airport since the middle of this month.
In light of high gas prices that have made people less willing to drive their cars, President Chain Store said the new service would not only help consumers save money, but also conserve energy resources and reduce carbon dioxide emissions.
President Chain Store said the new service is available at its around 4,000 ibon-equipped 7-Eleven stores nationwide, with four different prices.
The company said a single ticket costs NT$600, a two-person ticket costs NT$711, a three-person ticket costs NT$888, and a van service for up to six passengers costs NT$12,000.
The company said its prices are competitive compared with other car rental services and taxis that run from Taipei to the airport, which normally cost between NT$1,000 and NT$1,400.
Commenting on the new scheme, Taiwan Taxi Co (台灣大車隊) said the shared-ride service would not affect its business much, as it primarily targets office workers in the city that commute regularly.
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
US sports leagues rushed to get in on the multi-billion US dollar bonanza of legalized betting, but the arrest of an National Basketball Association (NBA) coach and player in two sprawling US federal investigations show the potential cost of partnering with the gambling industry. Portland Trail Blazers coach Chauncey Billups, a former Detroit Pistons star and an NBA Hall of Famer, was arrested for his alleged role in rigged illegal poker games that prosecutors say were tied to Mafia crime families. Miami Heat guard Terry Rozier was charged with manipulating his play for the benefit of bettors and former NBA player and
The DBS Foundation yesterday announced the launch of two flagship programs, “Silver Motion” and “Happier Caregiver, Healthier Seniors,” in partnership with CCILU Ltd, Hondao Senior Citizens’ Welfare Foundation and the Garden of Hope Foundation to help Taiwan face the challenges of a rapidly aging population. The foundation said it would invest S$4.91 million (US$3.8 million) over three years to foster inclusion and resilience in an aging society. “Aging may bring challenges, but it also brings opportunities. With many Asian markets rapidly becoming super-aged, the DBS Foundation is working with a regional ecosystem of like-minded partners across the private, public and people sectors
BREAKTHROUGH TECH: Powertech expects its fan-out PLP system to become mainstream, saying it can offer three-times greater production throughput Chip packaging service provider Powertech Technology Inc (力成科技) plans to more than double its capital expenditures next year to more than NT$40 billion (US$1.31 billion) as demand for its new panel-level packaging (PLP) technology, primarily used in chips for artificial intelligence (AI) applications, has greatly exceeded what it can supply. A significant portion of the budget, about US$1 billion, would be earmarked for fan-out PLP technology, Powertech told investors yesterday. Its heavy investment in fan-out PLP technology over the past 10 years is expected to bear fruit in 2027 after the technology enters volume production, it said, adding that the tech would
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