FELLING THE EFFECT: Firms that depend on the US market for a lion's share of their sales could see a worst-case scenario in which earnings per share decline 10 percent
By Jason Tan
If the subprime mortgage crisis in the US weighs heavily on corporations and consumer sentiment in that country, Taiwanese technology firms' earnings per share (EPS) could decline by as much as 10 percent, a report said last week.

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MAN OF THE MOMENT: Recognized worldwide for his achievements in the high-tech industry, the Acer founder has all the credentials to represent Chen at the APEC forum
By Jessie Ho
Stan Shih (施振榮), creator of the country's leading brand, Acer, hopes to create a similar level of awareness for Taiwan at the APEC summit in Sydney, Australia, next month.

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AGREE TO DISAGREE: The Directorate General of Budget, Accounting and Statistics ranked Taiwan 21st last year with a GDP of US$364.2 billion
Taiwan's economy ranked as the 22nd largest in the world last year with a GDP totaling US$355.7 billion, tallies published in April by the IMF showed.

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The output value of the nation's contract chip makers is expected to reach NT$121 billion (US$3.66 billion) in the third quarter, a 16.9 percent increase over the previous quarter, thanks to growing market demand, a report released yesterday said.

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Philippine central bank Governor Amando Tetangco said the US Federal Reserve's decision to cut the interest rate it charges banks may help restore liquidity to the financial system and provide relief to emerging markets.

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