NEW DEVELOPMENTS: Other real estate experts appeared more cautious about the proposal and said that location would always be key in the market
By Jessie Ho
Realtors welcomed the Cabinet's proposal to transform some farmland into countryside residential communities, saying the project would benefit farm owners, construction firms and home buyers.

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By Jason Tan
With new plans in the pipeline, the world's fourth-largest PC brand maker, Lenovo Group Ltd (聯想), is working to build a strong brand image in Taiwan, its new local chief said yesterday.

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DEMAND UP: Chi Mei Optoelectronics said there is already a shortage in the supply of 26-inch and 32-inch TV panels and 19-inch and 22-inch PC monitors
By Lisa Wang
Chi Mei Optoelectronics Corp (奇美電子), the nation's second-largest flat panel maker, said yesterday the second quarter would be a better-than-expected period, saying a rebound in demand for most products has caused supply constraints in a traditionally slow season.

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By Lisa Wang
Chi Mei El Corp (CMEL, 奇晶光電), the organic light emitting diode (OLED) manufacturing arm of Chi Mei Optoelectronics Corp (奇美電子), said yesterday it aims to start supplying displays for a top-five mobile phone manufacturer by the end of the year.

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By Jackie Lin
Chang Hwa Commercial Bank (彰化銀行) yesterday elected Wu Cheng-ching (吳澄清) as acting chairman, after former chairman Chang Po-shin (張伯欣) unexpectedly resigned on Monday after a seven-year term.

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The production value of Taiwan's optoelectronics industry is expected to reach NT$1.46 trillion (US$45 billion) this year, accounting for 14 percent of the global market, according to statistics released yesterday by the organizers of the Photonics Festival Taiwan 2007.

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CRYSTAL BALL GAZING: The world's third-largest liquid-crystal-display maker yesterday joined industry-leader Samsung Electronics Co in predicting a market recovery
At its annual shareholder meeting yesterday, AU Optronics Corp (友達光電), the world's third-largest liquid-crystal-display (LCD) maker, forecast a profit for this quarter as LCD panel prices rise.

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BNP Paribas SA, France's biggest bank, opened a wealth-management branch in Kaohsiung yesterday. It already has a branch in Taipei.

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INFLATED? : Red-hot house prices might cool slightly, according to the latest report from the council for Economic Planning and Development
By Jessie Ho
A decline in the homebuyers' confidence index suggests that the nation's bullish property market is likely to see a downturn, a Council for Economic Planning and Development report said yesterday.

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Share prices decline
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