APPRECIATION: Analysts predicted that the NT dollar would trade at NT$30.576 to one US dollar by June 30, NT$30.275 by Sept. 30 and NT$29.8 by the end of this year
By Kevin Chen
Citigroup, the biggest US bank by assets, forecast the NT dollar to strengthen to less than NT$30 per US dollar by the end of the year, saying the local currency is still undervalued despite its recent gains against the greenback.

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SMALL IS GOOD: Nearly 400,000 of the US$200 Eee PCs have been sold since its launch three months ago. New versions will be powered by Microsoft Corp software
By Lisa Wang
In mid-October, local PC maker Asustek Computer Inc (華碩電腦) chairman Jonney Shih (施崇棠) told reporters two hours before the launch of the company's first low-cost computer that it was not a toy, as some people might have thought.

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Malaysia's victorious opposition in weekend polls assured foreign investors yesterday that pro-business policies would remain intact in Penang, one of Asia's biggest manufacturing hubs.

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A summit meeting of business leaders from Taiwan and eight of its diplomatic allies in Central America and the Caribbean will be held today at the Taipei International Convention Center, an official with the Ministry of Foreign Affairs (MOFA) said yesterday.

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