Business

CAA Probes Starlux Flight to Kobe After Hard Landing

Taipei: Taiwan’s Civil Aeronautics Administration (CAA) is investigating a Starlux Airlines flight from Taichung to Kobe, Japan, after it experienced a hard landing on Jan. 20, and has grounded the crew pending the inquiry.

According to Focus Taiwa…

Simple Mart to Acquire OKmart for NT$125 Million

Taipei: Simple Mart Retail Co., the operator of the Simple Mart supermarket chain in Taiwan, has announced plans to acquire the OKmart convenience store chain for NT$125 million (US$3.96 million). This strategic move was approved during a board meetin…

Taiwan Shares Close Up 1.60%

Taipei: Taiwan shares ended up 499.71 points, or 1.60 percent, at 31,746.08 Thursday on turnover of NT$791.03 billion (US$25 billion).

According to Focus Taiwan, the stock market in Taiwan saw a significant rise, closing at 31,746.08 points. The tra…

GlobalWafers Initiates Second Phase of Texas Expansion

Taipei: Taiwan-based silicon wafer supplier GlobalWafers Co. has begun preparatory work for the second phase of its investment in Texas for expansion. Speaking with reporters, GlobalWafers Chairwoman Doris Hsu stated that the company aims to develop i…