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...

Lamborghini smashes into CPC corp. semi-tanker on Taiwan highway

TAIPEI (Taiwan News) – Around 8:00 a.m. March 31, on Taiwan Highway No. 9 in Pingtung County, a Lamborghini and a CPC Corp. semi-tanker collided in spectacular fashion, flipping the semi off the...

China's slowing economy casts shadow over National People's Congress

Thousands of delegates from across China have descended on Beijing to attend the annual gathering of the National People's Congress (NPC), which kicks off on Tuesday and ends next Friday (March 5-...

Photo of the Day: 1960s tourist map of Taiwan

TAIPEI (Taiwan News) -- A copy of this vintage 1960s tourist map of Taiwan went viral on social media yesterday (Feb. 9). The map, which was published in 1969 and is titled "Tourist's Map ...

Taiwan sees steepest increase in fuel prices in 27 months

TAIPEI (Taiwan News) – Taiwan’s state-run oil refiner CPC Corp. announced it is raising gasoline and diesel prices by NT$1.1 (US$0.035) and NT$1.2 (US$0.0385) per liter respectively starti...

Upcoming Events in Taipei, January 4 - 13

TAIPEI (Taiwan News) – For those of you looking for something interesting to do in Taipei the start of 2019, here are a few options to consider over the next week, Jan. 4 to Jan. 13. The offi...

Taiwan fuel price to reach lowest level in 15 months

TAIPEI (Taiwan News) – Unleaded fuel prices will fall to their lowest price in 15 months tomorrow, reported CNA. The state-owned oil refiner, CPC Corp., said that the recommended retail price...

Taiwan fuel price to reach lowest level in 13 months

TAIPEI (Taiwan News) – Unleaded fuel prices for the week beginning on Dec. 24 will reach their lowest levels since Nov. 5, 2017, reported CNA. CPC Corp. reports fuel prices will range from NT...

Taiwan’s SYM inks e-scooter MOU with CPC Corp

TAIPEI (Taiwan News) – Taiwanese motorcycle company Sanyang Motor Co. (SYM, 三陽工業) inked a memorandum of understanding (MOU) with state-owned oil refiner CPC Corp. to solidify joint development o...

CPC Corp. makes progress on oil spill in Taiwan's Penghu

TAIPEI (Taiwan News) – Taiwan's state-run oil refiner CPC Corp. (台灣中油) said they are making improvements to an area tainted by an oil leak at its depot in Penghu last year. The contaminat...

Fuel prices in Taiwan to rise NT$0.2 per liter this week

TAIPEI (CNA) -- Domestic gasoline and diesel prices will increase by NT$0.2 (US$0.006) per liter this week, ending a seven-week falling streak, due to a hike in international crude oil prices, Taiwan&...

Australian comedian Jim Jefferies coming to Taipei Jan. 10

TAIPEI (Taiwan News) -- Outspoken Australian stand-up comedian, Jim Jefferies, will be performing in Taipei on Jan. 10. The 41-year-old comedian will be bringing his "The Night Talker Tour&quo...

Despite sanctions waiver from US, Taiwan's CPC Corp. ceases buying Iranian oil

TAIPEI (Taiwan News) – Despite being provided a waiver from sanctions for purchases of Iranian oil by the U.S. government early in November, Taiwan’s largest oil conglomerate Taiwan’...

Taiwan’s 95 unleaded gasoline price to dip below NT$30 per liter on Monday

TAIPEI (Taiwan News) -- Taiwan's state-run oil refiner CPC Corp announced on Sunday that, starting from 12:00 a.m. on Monday, gasoline and diesel prices at CPC retail pumps across t...

Taiwan fuel prices drop by largest amount this year

TAIPEI (Taiwan News) – Fuel prices across Taiwan dropped by the greatest amount this year on Nov. 12, off the back of declining global crude oil prices, reported CNA. This week’s fuel p...