WRONG STRATEGY: A company official said that the government's fuel price measures had not eased costs for the public, but rather focused on subsidizing big oil consumers
By Lisa Wang
State-run oil refiner CPC Corp, Taiwan (CPC, 台灣中油) yesterday said it hoped the new government would adopt a more reasonable energy policy by scrapping the four-month-long approach of freezing local fuel prices in an attempt to stop widening losses.

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By Cindy Sui
Mike Liang earns the equivalent of US$37,500 a year, owns a four-bedroom apartment and can afford to send his two daughters to English tutorial schools.

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Following Chinese Nationalist Party (KMT) presidential candidate Ma Ying-jeou's (馬英九) election victory on Saturday, securities traders expressed optimism that the benchmark TAIEX could be in for a major rally in the coming days and weeks.

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LISTEN UP: The chamber welcomed the incoming government to consider its proposals to improve the nation's environment for attracting businesses
By Kevin Chen
The American Chamber of Commerce (AmCham) in Taipei said yesterday its leadership hoped to meet president-elect Ma Ying-jeou (馬英九) and vice president-elect Vincent Siew (蕭萬長) before the release of its White Paper in the second half of May to exchange views on policy priorities.

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Japanese Finance Minister Fukushiro Nukaga urged Chinese Finance Minister Xie Xuren (謝旭人) to make the yuan more flexible versus foreign currencies.

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