STRENGTHENING: The NT dollar may rise to its highest level since 1997 this year as economic growth and capital inflows receive a boost, according to Societe Generale
By Judy Lin
Turnover on the Taipei Foreign Exchange swelled to US$2.118 billion yesterday, up from the US$664 million recorded on the previous trading day, because of inward remittances by foreign investors and a US dollar selling spree on speculative trading.

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By Lisa Wang
Financially troubled Asia Pacific Telecom Co (亞太電信) yesterday urged creditor Taiwan Railway Administration (TRA, 台鐵) to withdraw an injunction to freeze NT$60 million (US$1.86 million) in bank accounts to save the mobile operator from collapse.

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HOLDING OUT: It seems that many potential visitors are waiting until the introduction of direct flights from China to Taiwan and for better consumer protection measures
By Judy Lin
The number of Chinese tourists visiting Taiwan last year decreased by 18 percent due to tensions in cross-strait relations and sluggish market liberalization progress, according to the Travel Agent Association of Taiwan (TAA), the organization that negotiates with Chinese authorities and manages visa applications for tourist groups.

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By Lisa Wang
Taiwan Mobile Co (台灣大哥大), the nation's second-largest telecom operator, expects its third-generation (3G) subscribers to double to 2.6 million this year as it plans to launch more affordable packages in an effort to spur demand, a company executive said yesterday.

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By Felix Hong
With the advent of hand-held wireless devices that combine multiple functions, the market for small to medium-sized touch screen panels is set to grow.

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By Jerry Lin
Amid criticism, Eslite Bookstore (誠品書店), the nation's largest bookstore, yesterday insisted its new business-to-business (B2B) platform would truly reflect sales performance to ensure publishers' rights.

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SOBERING NUMBERS: The company said that Taiwan would remain the 'most exposed' to a recession in the US. The outlook for other states wasn't much better
Goldman Sachs Group Inc reduced its growth forecasts for Asia on concern an expected recession in the US will erode demand for the region's exports.

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LG.Philips LCD Co, the world's second-largest maker of liquid-crystal displays (LCD), reported record quarterly profit after a shortage boosted the prices of screens used in desktop computers and laptops.

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Lyu appointed to Mega job [ FULL STORY ]