Formosa Regent Taipei (台北晶華酒店), a member of FIH Regent Group (FIH, 晶華國際酒店集團), has joined forces with Japanese restaurant operator Tofuya Ukai in serving meals for business-class travelers flying All Nippon Airways (ANA).
It is the first time that Ukai has collaborated with ANA, which has forged close ties with the Taipei-based hotelier since 2013.
The cooperation would benefit FIH Taipei, as it would make its expertise in Chinese cuisine better known among Japanese travelers, the hotelier said, adding that Japanese travelers account for 40 percent of FIH Taipei’s clientele.
The inflight meals are limited to business-class travelers on ANA international flights from Taiwan to Japan, the company said.
Ukai, known for tofu recipes and seasonal delicacies, is to set up an outlet in Silks Place Kaohsiung (晶英酒店), another hotel brand run by FIH, with the outlet to begin operations next year.
The new hotel is to have 196 guestrooms on a plot of land measuring 451 ping (1,490m2).
FIH posted NT$560.77 million (US$17.22 million) in revenue for last month, down 7.03 percent from a year earlier, company data showed. For the first two months, revenue totaled NT$1.18 billion, representing a mild increase of 0.67 percent.
FIH shares closed down 1.17 percent at NT$211.5 yesterday, weaker than the TAIEX’s 0.31 percent fall, Taiwan Stock Exchange data showed.
MANAGING RISKS: Taiwan has secured LNG sufficient to cover 95 percent of electricity demand for next month, UBS said, describing the government’s approach as proactive UBS Group AG has raised its forecast for Taiwan’s economic growth this year to 8 percent, up from 6.9 percent previously, and said expansion could reach as high as 8.6 percent if external energy shocks are avoided. The upgrade reflects a stronger-than-expected first-quarter performance and sustained momentum in artificial intelligence (AI)-driven exports, which UBS said are providing a firm foundation for growth despite geopolitical and energy risks. Taiwan’s GDP expanded 13.69 percent year-on-year in the first quarter, the fastest growth since the second quarter of 1987, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Thursday. On a seasonally
The Fair Trade Commission’s (FTC) ongoing review of Grab Holdings Ltd’s US$600 million acquisition of Foodpanda Taiwan’s operations, announced on March 23, has taken on fresh urgency as industry experts warn that the transaction could embed significant Chinese cybersecurity vulnerabilities into Taiwan’s digital infrastructure through Grab’s deep ties to autonomous-driving firm WeRide (文遠知行). Less than 16 months after the FTC blocked Uber Eats’ direct attempt to acquire Foodpanda Taiwan — citing potential combined market shares of 80 to 90 percent — the emergence of Grab as the buyer has prompted questions about whether the same competitive harm is simply being rerouted
The list of Asian stocks that benefit from business partnership with Nvidia Corp is getting longer, as the region further integrates into the artificial intelligence (AI) chip giant’s business ecosystem. Just in the past week, South Korea’s LG Electronics Inc, Taiwan’s Nanya Technology Corp (南亞科技), as well as China’s Huizhou Desay SV Automotive Co (德賽西威) and Pateo Connect Technology Shanghai Corp (博泰車聯) have become the latest to rally on news of tie-ups, supply-chain participation or product collaboration with the US chip designer. Asian suppliers account for about 90 percent of Nvidia’s production costs, up from about 65 percent last year, data compiled
POWER BUILDUP: Powered by Nvidia’s B200 Blackwell chips, the data center would support MediaTek’s computing power demand and business growth, the company said Smartphone chip designer MediaTek Inc (聯發科) yesterday launched a new artificial intelligence (AI) data center with a maximum capacity of 45 megawatts to meet its rising demand for computing power required to develop new advanced chips for AI applications. The company has completed the first-phase computing power buildup at the data center in Miaoli County’s Tongluo Township (銅鑼), providing 15 megawatts of capacity to support its research and development (R&D) capabilities, despite an industrywide shortage of key components, MediaTek said. Supply constraints have plagued a wide range of key components, including memory chips, solid-state drives, power supply units and central