STICKING TO ITS GUNS: The company will focus on its core telecom business and try to stimulate growth by expanding its product lineup to include broadband service
By Lisa Wang
Far EasTone Telecommunications Co (遠傳電信), the nation's third-largest telecom service provider, yesterday said it aimed to outgrow its rivals next year by broadening its product portfolio to include home broadband and other services.

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HAPPY DAYS: A think tank attributed manufacturers' optimism to increasing demand for Taiwanese goods abroad and the coming high season for their products
By Kevin Chen
A business climate index for manufacturers rose last month while the reading for the service industry dipped, a think tank survey released yesterday showed, painting a mixed picture of the nation's economic health.

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Taipei-based EVA Airways Corp (長榮航空) has decided to end its Taipei-Paris passenger flight service from Nov. 23 because of increasing operational costs and to launch a cargo-only service to the French capital in January, the company said yesterday.

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By Lisa Wang
Asustek Computer Inc (華碩電腦), the world's biggest maker of computer motherboards, said yesterday it would acquire a 3-percent stake in chip designer Alcor Micro Corp (安國國際) for NT$120 million (US$3.67 million) via a private placement.

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By Kevin Chen
Central bank Governor Perng Fai-nan (彭淮南) is expected to address consumer price and housing issues on Monday when he appears before the legislature's finance committee, a draft of his written report submitted yesterday to the legislature showed.

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CONVERTIBLE: The sale attracted an unusual amount of interest for the sector as consumers replace old-style TVs with more affordable and convenient LCD versions
Chunghwa Picture Tubes Ltd (中華映管), the nation's third-biggest maker of liquid-crystal displays (LCDs), raised US$125 million selling bonds convertible into its shares, according to ABN Amro Rothschild, the sale's arranger.

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China has announced another package of measures to cool the country's red-hot property market, including raising the down payment requirement for second homes to 40 percent.

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Shares closed little changed yesterday as late profit-taking eroded gains spurred by Wall Street's overnight advance and purchases by institutional investors, dealers said.

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Winbond borrows NT$5bn

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