Industry

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…