Economy most important bid in event of Terry Gou campaign: Taiwan business leader

TAIPEI (Taiwan News) - The economy should be the most important topic if Foxconn Technology Group chief Terry Gou (郭台銘) decides to run for president, said Wang Wen-yuan (王文淵), chairman of the Chinese ...

Taiwan wages see slow and steady growth in Sept.

TAIPEI (Taiwan News) – Wages across Taiwan rose by an average of 2.48 percent in annual terms during the month of Sept., according to the Directorate General of Budget, Accounting and Statistics...

Taiwan's FPG to pay 6 months' salary for year-end bonus

TAIPEI (Taiwan News) -- Formosa Plastics Group (FPG, 台塑) is set to give its employees a year-end bonus worth six months of salary as well as red envelopes, said the company's president Wang Wen-yu...

'Arab Palace' up for sale for NT$3.3 billion in NE Taiwan

TAIPEI (Taiwan News) -- A massive Middle Eastern-style palace in northeastern Taiwan, which has seldom been seen by the public, is up for sale for the price of NT$3.3 billion (US$71.3 million). Th...

Taiwan needs to rely on manufacturing and trade: CNFI

TAIPEI (Taiwan News) – Taiwan is small so it needs to rely on manufacturing and trade, said Wang Wen-yuan (王文淵), chairman of Taiwan’s Chinese National Federation of Industries (CNFI, 工總), ...

Formosa Plastics' 2nd furnace in Vietnam steel mill starts production

TAIPEI (CNA) - The second furnace of Taiwanese conglomerate Formosa Plastics Group (FPG)'s steel mill in Vietnam has started production on a trial basis, a step which is expected to generate addit...

US chipmaker Micron to boost hiring in Taiwan to fight China poaching

TAIPEI (Taiwan News) -- U.S.-based chipmaker Micron Technology is planning hire at least 800 new workers in Taiwan by 2019 to counter poaching efforts by Chinese rivals, reported the Nikkei Asian Revi...

Taiwanese petrochemical giant plans US$9.4 billion chemical complex in Louisiana

TAIPEI (Taiwan News) - Formosa Petrochemical Corporation's top executive announced a plan to build a US$9.4 billion chemical manufacturing complex on a 970-hectare site in Louisiana, which is expe...

Vietnam jails activist for livestreaming pollution march

HANOI, Vietnam (AP) — A court in central Vietnam sentenced an activist to 14 years in jail Tuesday for livestreaming fishermen marching to file a lawsuit against a Taiwan-owned steel plant's...

Vietnam maintains ban on deep-water fishing in polluted area

HANOI, Vietnam (AP) — Vietnam is maintaining the ban on deep-water fishing in four central provinces one year after a Taiwanese-owned steel plant discharged toxins into the sea and caused the country'...

Vietnam sees 2016 growth at 6.2 pct, aided by building boom

HANOI, Vietnam (AP) — Vietnam's economy is forecast to grow 6.2 percent in 2016, helped by a manufacturing and building boom. The General Statistics Office said Wednesday that this y...