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Food Taipei: A springboard for El Salvadoran products
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Business
South Korea, Asia's fourth-largest economy, grew at the fastest clip in nearly a year thanks to recovery in exports, the central bank said Thursday, despite a backlash from Chinese consumers over the deployment of a U.S. missile defense system.
 
Pop star Selina (任家萱) recently teamed up with her father, Mr. Jen (任爸), to promote Nestle's Klim Senior formula, which is tailored for older drinkers.
 
FPTC unveils more DAF,Iveco Daily utility vehicles
As it celebrates the milestone of 5,000 vehicles sold in Taiwan's market, Formosa Plastics Transport Corp. (FPTC, 台塑汽車貨運股份有限公司) has positioned itself as the leading supplier of commercial vehicles on the island.
 
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) co-chief executive officers Mark Liu (劉德音) and C.C. Wei (魏哲家) have been enlisted as candidates for the company's board of directors.
 
Taiwan-based 17 Media, maker of popular live-streaming app 17, is reportedly merging with Singaporean dating app Paktor to form a new social entertainment company, M17 Entertainment.
 
After months spent clearing regulatory hurdles, the Fair Trade Commission (FTC, 公平會) Wednesday approved a whopper NT$5.09 billion bid from Ambassador Hotel group president Hubert Lee to purchase McDonald's Taiwan assets.
 
Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said Tuesday.
 
German automaker Daimler AG says net profit doubled in the first three months of the year as the new version of the company's Mercedes-Benz E-Class sedan and its SUV lineup boosted sales.
 
Hyundai Motor Co. reported Wednesday more than a 20 percent drop in its first quarter profit as the anti-Korean sentiment in China sparked by the deployment of the U.S. missile defense system battered the Korean carmakers' sales in its biggest auto market.
 
Uber said Tuesday it wants to launch a system of flying cars to move people around cities, with a goal of putting demonstration projects in place by 2020.
 
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