Industry

Grab Seeks Taiwan Approval for US$600 Million Foodpanda Deal

Singapore: Singapore-based ride-hailing and delivery giant Grab Holdings Ltd. has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero’s foodpanda in a deal valued at about US$600 million. Grab said in a stat…

Taiwan Shares Plunge as Crude Oil Prices Surge

Taipei: Shares in Taiwan moved sharply lower Monday as a spike in crude oil prices led investors to trim their holdings of large-cap stocks, particularly those in the electronics sector, analysts said. The Taiex, the Taiwan Stock Exchange’s benchmark …

Sun PhuQuoc Airways Launches Taipei-Phu Quoc Flights

Taoyuan: Vietnam’s Sun PhuQuoc Airways (SPA) on Sunday inaugurated direct flights between Phu Quoc and Taipei, marking its first international route and a push into Taiwan’s competitive travel market.

According to Focus Taiwan, a ribbon-cutting cerem…