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Formosa Plastics Group donates NT$1 billion for Taiwan COVID relief

TAIPEI (Taiwan News) — The Formosa Plastics Group said Tuesday (July 27) it was donating NT$1 billion (US$35.7 million) to the government for distribution to businesses and individuals suffering...

Taiwan's Formosa Plastics quarantines 10 after visit by Covid-positive Dane

TAIPEI (Taiwan News) — Formosa Plastics Group (台塑集團) has placed 10 of its employees in quarantine after it was discovered that a Danish man who visited one of the firm's factories later test...

Judge drops suit since Corps reconsidering plastics complex

NEW ORLEANS (AP) — A federal judge has dismissed a challenge to a Taiwan-based conglomerate’s plans for a $9.4 billion plastics complex in Louisiana because the Army Corps of Engineers is reconsiderin...

Corps suspends $9.4B plastics complex permit for a new look

NEW ORLEANS (AP) — The Army Corps of Engineers has suspended its permit for a Chinese conglomerate’s $9.4 billion plastics complex on a technicality but says it may also review other aspects of the pe...

Taiwan’s ‘Godfather of DRAM’ leaves China

TAIPEI (Taiwan News) — Charles Kao (高啟全), the “Godfather of Taiwan’s DRAM industry,” has left China’s Tsinghua Unigroup (紫光集團) after completing a five-year term, reports ...

Taiwan's Formosa Plastics scion wishes to retrieve, donate hidden assets

TAIPEI (Taiwan News) — The son of a Taiwanese businessman has been tracing assets valued at as much as NT$600 billion (US$20 billion), which his late father and uncle had left in foreign countri...

Court asked to stop work at Formosa Plastics' Louisiana site

NEW ORLEANS (AP) — Opponents of a Taiwan-based company’s plans for a $9.4 billion plastics complex asked a federal judge on Tuesday to stop work at the site in Louisiana. Planned co...

Taiwan expected to halve gasoline exports in 2020

TAIPEI (Taiwan News) — Taiwan is expected to halve its gasoline exports this year, with its two major refiners cutting supplies amid the low demand. Last week, Taiwan’s Formosa Petroche...

Taiwan’s Formosa Plastics Group announces 1% pay bump

TAIPEI (Taiwan News) — The Formosa Plastics Group (FPG, 台塑集團) has announced a one percent pay raise for rank-and-file employees despite revenue being affected by the coronavirus pandemic. The...

The Latest: Juneteenth celebrated in Philly with many events

TOP OF THE HOUR: — Marches, gatherings mark Juneteenth in Philadelphia. — Police in Memphis, Tennessee, to stop using no-knock warrants. — “Planta...

Juneteenth at slave cemetery on $9.4B construction site

NEW ORLEANS (AP) — Community and environmental groups have won court approval for a Juneteenth ceremony at a Louisiana site archaeologists have described as probably a cemetery for enslaved Africans A...

Report: Land for $9.4B complex could hold 7 slave cemeteries

NEW ORLEANS (AP) — Land bought for a Taiwan company's planned $9.4 billion plastics complex may hold as many as seven slave cemeteries — five more than previously thought, local activists said Wednesd...

Environmental groups challenge plastics complex permit

NEW ORLEANS (AP) — Conservation and community groups sued the Trump administration Wednesday, challenging environmental permits for a Taiwan company's planned $9.4 billion plastics complex in Louisian...

Taiwan’s economic outlook may not be so rosy in 2020

TAIPEI (Taiwan News) — A sluggish economy can be expected for Taiwan in the coming year, said the island’s leading business tycoons on Monday (Oct. 7). Wang Wen-yuan (王文淵), president of...

Taiwan's CNFI releases 2019 White Paper

The Taiwan-based Chinese National Federation of Industries (CNFI) released its 2019 White Paper Monday, which raised more than 200 suggestions to the government for a friendlier business environment a...