PRESS DIGEST- Taiwan - May 20

TAIPEI, May 20 (Reuters) - Taiwan newspapers carried the following stories on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

CHINA TIMES

-- Outbound President Chen Shui-bian said he felt "free beyond comparison" on his final night before leaving office on Tuesday.

-- Taiwan's diplomatic allies proposed in Geneva that the island be allowed World Health Assembly observer status.

UNITED DAILY NEWS

-- Leaders in Taiwan's Democratic Progressive Party (DPP), including Chen and outgoing Vice President Annette Lu, will not attend Ma Ying-jeou's inauguration events.

-- Taiwan stock and currency markets were up on hopes for new cross-Strait trade and transit ties following Ma's inauguration.

LIBERTY TIMES

-- DPP Chairwoman Tsai Ing-wen said she would be willing to visit Chinese President Hu Jintao if China did not impose conditions.

COMMERCIAL TIMES

-- The Abu Dhabi stock exchange will list Taiwan stock ETFs by the end of the year, beginning with big-name and high-yield companies.

ECONOMIC DAILY NEWS

-- Chunghwa Telecom (2412.TW) and HTC (2498.TW) have received a large order for 3G service from Formosa Plastics Group (1301.TW) and a number of its units.