Investor sentiment shows slight improvement: poll
US CONCERNS:
Respondents believed that global factors such as the forecast US slowdown, rather than domestic politics, would affect the local bourse's performance
By Jerry Lin A bimonthly survey of investor sentiment showed a slight improvement from December, but economists warned that the lingering impact from the US subprime crisis and an anticipated US economic slowdown could continue to weigh on sentiment.
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Economy recorded stable growth last month: CEPD
By Judy Lin The economy flashed another "green light," indicating stable and moderate growth last month, but the overall economic monitoring indicator score dropped 2 points from December to 27, the Council for Economic Planning and Development (CEPD) said yesterday.
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Bank official sees bright prospects for local demand
OPPORTUNITIES:
Greg Gibb was confident that the presidential election would bring about policy changes that would stimulate the economy
By Joyce Huang Sagging consumer confidence is the biggest challenge facing the next administration, a bank executive said yesterday.
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FAT needs at least NT$18 million in short term: CAA
By Shelley Shan The Civil Aeronautics Adminis-tration (CAA) confirmed yesterday that Far Eastern Air Transport Corp (FAT, 遠東航空) must raise at least NT$18 million (US$582,000) to continue operating through Monday.
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Global Mobile postpones WiMAX launch
By Lisa Wang Global Mobile Corp (全球一動), one of the winners of a Worldwide Interoperability for Microwave Access (WiMAX) license, has decided to postpone its commercial launch to early next year, a company executive said yesterday.
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Cash-rich IBT opens new headquarters
By Joyce Huang The Industrial Bank of Taiwan (IBT, 台灣工銀), one of the nation's three industrial banks, yesterday celebrated the launch of its NT$2 billion headquarters in the Neihu Science Park, Taipei City, by reporting record-high earnings for last year.
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Yulon, HTC to develop new property in Sindian
BRAND NEW VEHICLE:
The car maker is seeking to give its bottom line a new boost by jointly developing a complex with HTC that will be half commercial and half residential
By Kevin Chen and Lisa Wang Yulon Motor Co (裕隆汽車) said yesterday its board had agreed to develop a property complex in a Taipei suburb and expected to make NT$3.282 billion (US$106.2 million) in profit within three years.
[ FULL STORY ]
Taipower forecasts a drop in fuel prices in April
Taiwan Power Co (Taipower, 台電), Asia's biggest thermal coal buyer, said the cost of the fuel will fall after China resumes exports in April, easing pressure on buyers to settle term negotiations at double last year's prices.
[ FULL STORY ]
MOEA announces it will postpone joint venture with UAE
By Jerry Lin The Ministry of Economic Affairs (MOEA) announced late last night that it would postpone its proposal to sell an 80 percent stake in the debt-ridden Sino Swearingen Aircraft Corp (SSAC, 華揚史威靈) to a venture capital firm in the United Arab Emirates (UAE).
[ FULL STORY ]
Business Briefs
TAIEX up 1.86 percent
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