Taiwan state utility Taipower sees losses escalate

TAIPEI (Taiwan News) – The Taiwan Power Corporation (Taipower, 台電) is not just the only major state-owned company losing money, but it has also seen its losses escalate over the past year, the C...

Fuel prices to increase in coming week in Taiwan

TAIPEI (CNA) -- Taiwan's two major fuel suppliers on Sunday announced increases in fuel prices for the coming week, citing tensions in the Middle East and a halt in oil drilling operations in the ...

Asian Industrial Heritage Conservation forum aims to preserve Taiwan railways

TAIPEI (Taiwan News) — The second forum on Asian Industrial Heritage Conservation, which has a railways theme, was up and running in Chiayi City on Tuesday (July 2) and will carry on until Wedne...

Taiwan fuel suppliers raise gas prices

TAIPEI (CNA) -- Taiwan's two major fuel suppliers on Sunday announced increases in fuel prices for the upcoming week, citing a surge in global crude prices due to tension in the Middle East and a ...

CPC Taiwan estimates losses from Sea of Oman tanker at NT$8 million

TAIPEI (Taiwan News) – State oil refiner CPC Corporation, Taiwan said Friday (June 14) it estimated losses after insurance payments from the burning of a tanker in the Sea of Oman at NT$8 millio...

Taiwanese tanker hit by 'torpedo' in Gulf of Oman

TAIPEI (Taiwan News) -- An oil tanker chartered by Taiwan’s state oil refiner CPC Corp was set ablaze after being "hit by a torpedo" around noon today (June 13), according to a senior ...

PLA troops in Hong Kong awaiting orders from Xi: Boxun

TAIPEI (Taiwan News) -- As protests in Hong Kong intensify over a proposed law that would allow for the extradition of prisoners to China, an inside source tells the news site Boxun that Chinese Presi...

Five NT$10 million Taiwan receipt lottery tickets still not claimed

TAIPEI (Taiwan News) -- Five Taiwan receipt lottery tickets from the January-February draw worth NT$10 million (US$317,000) each have yet to be claimed, while three winners of the NT$2 million prize h...

Understanding China/CCP: Is Huawei’s ‘no-spy agreement’ really going to work?

TAIPEI (Taiwan News) -- The Chinese company Huawei, founded in Shenzhen in 1987, has become one of the largest manufacturers and suppliers of telecom equipment in the world. It claims to be a private ...

Taiwan’s CPC partners with Japan’s JERA on a 17-year LNG purchase deal

TAIPEI (Taiwan News) – Taiwan’s state-owned energy company CPC Corp announced on May 13 that CPC and Japan’s JERA have signed a joint long-term deal to purchase liquefied natural gas...

Taiwan gasoline prices rolled back after eight consecutive rises

Taiwan's two major fuel suppliers announced reductions in fuel prices for the coming week after eight consecutive weeks of price hikes because of a fall in international crude oil prices driven by...

Gasoline prices in Taiwan rise for eighth consecutive week

TAIPEI (CNA)-- In order to recoup some of the losses incurred over the past few weeks, state-run oil refiner CPC Corp., Taiwan will raise gasoline prices this week for the eighth week in a row, for a...

Taiwan listed as 'country' on Australian Attorney-General's Dept. website

TAIPEI (Taiwan News) – The official website of the Australian Attorney-General’s Department lists Taiwan as a “country." As reported by the Australian Chinese Daily, Taiwan i...

End of US sanction waiver on Iran oil to not hurt Taiwan: CPC

TAIPEI — Waiver exemptions the United States government gave to eight countries to allow them to continue buying oil from Iran despite sanctions will end in early May, but Taiwan's state-run...

Taiwan's CPC books over NT$3 billion in overseas asset losses

The state-run oil refiner CPC Corp. has decided to book more than NT$3 billion (US$97.40 million) in asset impairment losses from its overseas investment into its 2018 results. CPC said the move wa...