Taipei - China-based Taiwanese food and beverage giant Want Want China plans to raise 100 million US dollars through an initial public stock offering (IPO) in Taiwan on April 28, its underwriter said Tuesday. "We have proposed the price range of 12.5 Taiwan dollars
(0.37 US dollars) to 15.5 Taiwan dollars, and will start the book-building process between Wednesday and next Monday to determine at what price to offer the IPO," said an agent of the Grand Cathay Securities Corp, underwriter for Want Want.
Taipei - Taiwan bicycle manufacturer Giant Inc plans to launch a travel agency to promote bike tourism , a newspaper reported Tuesday. Giant has applied to the Transport Ministry to operate a Class-A travel agency and hopes to launch the new venture in May, the Taipei Times quoted Giant general manager John Ho as saying.
Ho said the new travel agency was initially expected to bring in more than 100 million Taiwan dollars (nearly 3 million US) in annual revenue, but Giant's goal is not making money but to promote bike riding as a way of life.
Taipei - Taiwan's parliament Monday adopted a resolution insisting that a proposed trade pact with China be apolitical and not sacrifice the island's economic sovereignty. Opposition and ruling party parliamentarians agreed that if Taiwan were to sign a trade agreement with China, it must not include political terms, parliament officials said.
Taipei - Taiwan police on Sunday arrested a man for throwing banknotes from a taxi on the highway. Chen Ping-teng, 43, was arrested after he tossed 1,000 Taiwan dollar
(30 US dollar) bills from the window of a taxi on a highway in central Taiwan.
The taxi driver, suspecting Chen was the same man who threw money from a taxi on the highway Tuesday, causing traffic jams and triggering a police probe, drove Chen to a police station and handed him over to police.
Taipei - Two Taiwan naval personnel have been arrested for armed robbery which left one Vietnamese prostitute dead and another injured, Taiwan press said Saturday. Tseng Shao-tzu and Liang Poh-yu, both 20, committed the armed burglary and murder Friday in Kaohsiung City, south Taiwan, near the Tsoying Naval Base.
They face a court martial and the death penalty, if found guilty, several newspapers reported.
Taipei - Taiwan confirmed Friday that US ratings agency Moody's plans to quit the country in order to focus on larger Asian markets, a move seen by some as a warning sign for the island. According to the Central News Agency (CNA), Moody's - which has operated in Taipei for six years - has notified Taiwan's Financial Supervisory Commission (FSC) of its plan to leave Taiwan by the end of June as part of its re-structuring in Asia.
FSC will approve Moody's withdrawal after making sure that the interests of Moody's local clients have been protected, CNA said.
Taipei - China-based Taiwanese food and beverage giant Want Want China plans to raise 100 million US dollars through an initial public stock offering (IPO) in Taiwan on April 28, its underwriter said Tuesday. "We have proposed the price range of 12.5 Taiwan dollars 
Taipei - Taiwan bicycle manufacturer Giant Inc plans to launch a travel agency to promote bike tourism , a newspaper reported Tuesday. Giant has applied to the Transport Ministry to operate a Class-A travel agency and hopes to launch the new venture in May, the Taipei Times quoted Giant general manager John Ho as saying.
Taipei - Taiwan's parliament Monday adopted a resolution insisting that a proposed trade pact with China be apolitical and not sacrifice the island's economic sovereignty. Opposition and ruling party parliamentarians agreed that if Taiwan were to sign a trade agreement with China, it must not include political terms, parliament officials said.
Taipei - Taiwan police on Sunday arrested a man for throwing banknotes from a taxi on the highway. Chen Ping-teng, 43, was arrested after he tossed 1,000 Taiwan dollar 
Taipei - Two Taiwan naval personnel have been arrested for armed robbery which left one Vietnamese prostitute dead and another injured, Taiwan press said Saturday. Tseng Shao-tzu and Liang Poh-yu, both 20, committed the armed burglary and murder Friday in Kaohsiung City, south Taiwan, near the Tsoying Naval Base.
Taipei - Taiwan confirmed Friday that US ratings agency Moody's plans to quit the country in order to focus on larger Asian markets, a move seen by some as a warning sign for the island. According to the Central News Agency (CNA), Moody's - which has operated in Taipei for six years - has notified Taiwan's Financial Supervisory Commission (FSC) of its plan to leave Taiwan by the end of June as part of its re-structuring in Asia.
