CAUTION: Realtors said easing restrictions on Chinese investments in commercial properties could help the market, but an expert said it would only be short-term
By Joyce Huang
Local realtors yesterday welcomed the government's plan to ease policy restrictions to attract Chinese investment in the commercial property market.

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By Lisa Wang
Chunghwa Telecom Co (中華電信), the nation's biggest telecom operator, plans to invest in the fast-growing Southeast Asian telecom market this year as part of its effort to boost stagnant revenues, a company executive said yesterday.

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By Jerry Lin
The annual Taipei International Chain and Franchise Exhibition may see 130,000 visitors this weekend, up from last year's 120,000, as more people grow interested in starting up their own businesses, an organizer said yesterday.

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TROUBLED SKIES: Financially troubled FAT could also see its bid for financial restructuring scuppered because it has yet to pay the required NT$5,000 processing fee
By Judy Lin
China Airlines (CAL, 中華航空) announced yesterday that it was giving up its seat on the board of debt-ridden Far Eastern Air Transport (FAT, 遠東航空).

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By Chinmei Sung
AU Optronics Corp (AUO, 友達光電), the world's third-largest maker of liquid-crystal displays (LCD), plans to invest NT$294 billion (US$9.3 billion) to build two factories to meet demand for large-sized LCD TVs, a government official said.

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CAPITAL INTENSIVE: Approved investments in the manufacturing sector rose 30 percent to a record 59.9 billion ringgit last year, more than twice the objective
Foreign investment in Malaysia's manufacturing and services sectors soared 69 percent to a record 44.2 billion ringgit (US$13.7 billion) last year, but that growth rate may be untenable amid global economic uncertainties, Trade Minister Rafidah Aziz said yesterday.

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Intel Corp, the world's largest chipmaker, said it was set to close a unit near Kuala Lumpur by the middle of this year to cut expenses.

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Hana Financial Group Inc fell to its lowest level in almost four months in Seoul trading on a report that it may have to pay more than 1 trillion won (US$1.1 billion) in back taxes and penalties, an amount almost equivalent to last year's profit.

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Policy hopes boost TAIEX

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