GOOD FIRST YEAR: With an average 0.27-minute delay, the operator said that the high speed rail's punctuality rate was better than that of similar services in Japan and Europe
By Judy Lin
By improving shuttle bus services and adding variety to the ticket, Taiwan High Speed Rail Corp (THSRC, 台灣高鐵) aims to double both its number of passengers and revenue this year.

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WHAT THEY WANT: The impartiality of Chen Ming-jen as Agricultural Bank president is in doubt and board members want someone else appointed
By Joyce Huang
A majority of the 15 board members at the Agricultural Bank of Taiwan (農業金庫) expressed strong opposition yesterday to the Cabinet's nomination of Chen Ming-jen (陳明仁) as bank president -- an appointment planned for Jan. 2 that had been put on hold until now.

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By Lisa Wang
Local cable TV network Eastern Broadcasting Co (東森電視), 40 percent owned by US private equity fund Carlyle Group, said yesterday the board had approved a proposal to raise NT$200 million (US$6.2 million) by issuing corporate bonds this year as part of broader efforts to improve its financial structure.

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By Jerry Lin
Taiwan Lottery Co (台灣彩券公司), which reported losses of NT$345 million (US$10.7 million) last year, aims to break even this year with the introduction of a new Super Lotto (威力彩) game next Tuesday, a company executive said yesterday.

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By Felix Hong
The trend this year in the notebook PC sector will be toward new market segmentation and a niche created by low-priced notebooks, industry research group IDC said yesterday.

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RENEWAL: The National Development Fund will invest NT$2.4 billion for a 40 percent stake, while private firms will contribute NT$3.06 billion for a majority holding
The government will join the private sector in establishing a joint-venture company to speed up the pace of urban rejuvenation, a spokesman for the Cabinet's top economic planning agency said yesterday.

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By Jerry Lin
The Consumers' Foundation yesterday urged the telecom regulator to help promote information transparency to minimize the difference in roaming fees charged by different mobile phone operators using the same telecom operators overseas.

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RAW MATERIAL: The new contract with LDK Solar should help the solar cell maker secure its material supply to support its capacity expansion plans
By Lisa Wang
Neo Solar Power Corp (新日光), a Taiwanese solar cell manufacturer, yesterday extended its partnership with China's LDK Solar Hi-tech Co (江西賽維) by signing a 10-year agreement to secure silicon wafer supplies amid a shortage of the key raw material.

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Shares drop on US worries
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