• Most Popular
  • Most Shared

PRESS DIGEST-Taiwan - July 6

Sun Jul 5, 2009 9:28pm EDT

Stocks

   

TAIPEI, July 6 (Reuters) - Taiwan newspapers carried the following stories on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

CHINA TIMES

-- Taiwan's President Ma Ying-jeou demanded an apology from Nicaraguan President Daniel Ortega over the latter's absence in a Nicaragua state banquet and had originally wanted to cut short his visit there.

-- Taiwan's Nationalist Party and China's Communist Party will hold a cultural and economics forum in the Chinese province of Hunan this coming weekend. China has also invited members of Taiwan's Democratic Progressive Party to participate in the forum.

UNITED DAILY NEWS

-- President Ma Ying-jeou attended a banquet held by Governor of Hawaii Linda Lingle during his overnight transfer in Honolulu, Hawaii. The two met for the first time in 2002, when Ma was still the mayor of Taipei City.

-- Computer manufacturer Dell (DELL.O) misquoted the price for its Latitude E4300 notebooks on its Taiwan website which resulted in a flood of orders for the computers. Dell shut down its website immediately upon discovering the mistake.

LIBERTY TIMES

-- Taiwan's scholars plan to petition against imports of China's organic agricultural products as it might hinder the development of Taiwan's organic agriculture.

COMMERCIAL TIMES

-- Taiwan's government is expected to set a higher threshold for companies that want to enjoy a 15 percent business income tax rate from 2010 when they establish their headquarters on the island, the newspaper reported. Firms suitable for the low tax rate should have sales of at least T$300 billion ($9.1 billion) annually or be among the top 500 brands globally, the paper said.

ECONOMIC DAILY NEWS

-- Taiwan's cabinet is set to approve a proposal to boost the island's economy at its weekly meeting on Thursday by promoting export competitiveness of local service industries, such as food, tourism and cultural innovation, the newspaper reported.



More from Reuters

Photo

World should at least halve CO2 by 2050: draft text

COPENHAGEN (Reuters) - The world should at least halve world greenhouse gas emissions by 2050 with rich nations taking the lead, according to a first draft text on Friday seeking to break deadlock on a new climate pact at U.N. talks. | Video

A weary trader rubs his eyes as he pauses outside the New York Stock Exchange following the end of the trading session in New York October 9, 2008. REUTERS/Mike Segar

PIMCO finds its calling

It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations."  Full Article 

A security personnel stands guard near oil pipelines at Tawke oil field near Dahuk, 400 km (245 miles) north of Baghdad May 9, 2009. REUTERS/Azad Lashkari

Now or never for Big Oil

The pressure's on for oil giants looking to secure rare access to cheap Middle East reserves as Iraq gears up to auction off some of the world's largest untapped oilfields.  Full Article