LUXURY LINES: As Taipei's Hsinyi district has the largest concentration of department stores in the nation, Shin Kong Mitsukoshi thinks that it is time to get in on the action
By Lisa Wang
Shin Kong Mitsukoshi Department Store (新光三越), Taiwan's biggest department store chain, is set to open a new outlet by the end of the year in Hsinyi district, boasting a lineup of luxury brands such as Chanel, Gucci and Armani, a company official said yesterday.

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By Joyce Huang
Opposition lawmakers yesterday questioned finance officials about the government's role in recent sales of shares in the form of global depository receipts (GDRs) by state-owned banks, including First Commercial Bank (第一銀行) and Chang Hwa Commercial Bank (彰化銀行).

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By Jessie Ho
Are you fed up with lousy customer service when trying to call for simple information about restaurants or hotels in Taiwan? Don't be upset, because you're not alone.

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The Taiwan Stock Exchange Corp (證交所) wants to persuade companies funded or started by Taiwanese in countries such as Malaysia to list their shares on the bourse, chairman Sean Chen (陳沖) said.

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SURVEY: Analysts said earnings were boosted by game console and PC sales as well as cost-cutting measures, but the limited company data makes profits hard to predict
Hon Hai Precision Industry Co (鴻海精密), the country's biggest electronics company by sales, will probably report a 46 percent increase in third-quarter profit as sales of computers and video-game consoles surged after the SARS outbreak.

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India and Taiwan agreed yesterday to boost cooperation in the trade and information technology spheres as part of a focused agenda for greater development in the Asian region, an official said.

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Trade between Taiwan and China totaled US$28.6 billion (NT$972 billion) in the first eight months of this year -- a 22 percent increase from the same period last year, the Ministry of Economic Affairs reported yesterday.

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Stocks gained yesterday on expectation third-quarter earnings this week from companies such as Taiwan Semiconductor Manufac-turing Co (TSMC, 台積電) and Quanta Computer Inc (廣達電腦) are indicating growing demand for their products.

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Credit-card figures released
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