Chipmakers to invest in new plants
BIG MONEY:
Hsinchu Science Park administrators said that the new plants should generate about NT$300 billion in revenues and create 10,000 jobs
By Lisa Wang Leading chipmakers, including Taiwan Semiconductor Manufac-turing Co (TSMC, 台積電), could pour as much as NT$450 billion (US$147 billion) into new next-generation plants over the next few years, a government agency said yesterday.
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Companies upbeat about job prospects
POSITIVE:
Of the 1,357 employers interviewed, 33 percent intended to add to their workforce, 7 percent sought cuts and 52 percent said numbers would remain the same
By Lisa Wang The nation's job prospects will rebound strongly from the slowdown experienced in the past six straight quarters, as corporate executives anticipate political uncertainty will diminish after the presidential election and as a result of economic stimulus measures, a quarterly survey from employment service group Manpower Inc said yesterday.
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Three out of four graduates seeking jobs found one
More than 75 percent of last year's college and university graduates seeking employment have found a job, the results of a survey released yesterday by a National Taiwan Normal University (NTNU) research center showed.
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Further gains in value of NT dollar could hurt business
By Kevin Chen The New Taiwan dollar is likely to strengthen further this year, which could have a negative impact on foundries, integrated circuit design, basic materials and automobile parts, as well as the financial sector, Macquarie Research Equities said in a client note yesterday.
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Overseas Taiwanese firms invest home
By Jerry Lin The Ministry of Economic Affairs (MOEA) said it had received 133 investment applications, totaling NT$12.4 billion (US$404.5 million), from Taiwanese businesses based overseas between September 2006 and last month.
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No US recession: UCLA
SQUEAKING BY:
The UCLA study said sluggish job growth and housing markets will pose risks, but that the US economy should avoid slipping into a recession
The US economy will suffer as the slumping housing market eats away at job creation and consumer spending, but the nation should avoid slipping into a recession this year, a new economic report said.
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Higher oil prices are here to stay: IEA
Slowing economies in leading countries will moderate thirst for oil, but high prices are not the result of speculation alone and are here to stay, the International Energy Agency (IEA) said yesterday.
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Lenovo eyes overseas acquisitions
Lenovo Group Ltd (聯想), China's biggest personal-computer maker, is "interested" in buying companies overseas to expand share outside its main domestic market.
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