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May, 28, 2016

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Business > Asia
IOC: 23 positives in retests of samples from London Olympics
Nearly two dozen athletes tested positive in reanalysis of their doping samples from the 2012 London Olympics, adding to the more than 30 already caught in retesting from the 2008 Beijing Games.
 
The Ministry of Economic Affairs (MOEA) Friday clarified Economics Minister Lee Chih-kung's previous remarks about the criteria for not raising electricity prices.
 
Asia stocks tilted upward Friday, shrugging off a weak lead from Wall Street as oil pulled back below US$50 a barrel, but remained cautious ahead of a speech from the U.S. central bank head.
 
Petal to the medal
Showgirls pose with a richly patterned vehicle on Friday, May 27. The vibrantly decorated car, designed by Ninagawa Mika (蜷川實花), was a collaborative effort with an imported vehicle brand and went on display to the public, starting Friday. Visitors can participate in a lucky-draw event if they check in on Facebook.
 
Thumbs up for the new factory
Senior executives of the Uni-President Enterprises Corp. (統一企業) pose at the completion ceremony of its "Hsinchu Hukou Park" (新竹湖口園區) on Friday, May 27, which was an approximately NT$10 billion investment for the processed food giant. The 52,000 ping (3.3 square meters) park marks Uni-President's largest investment in both money and area in Taiwan in recent years. It will mainly serve as a base for the company's integrated production operations.
 
Japan's core consumer prices fell for a second straight month in April, dealing another blow to Tokyo's faltering war on deflation, data showed Friday.
 
As the local economy continues to slow down, only 56.6 percent of companies in the country are willing to hire new graduates, compared with 75.8 percent last year, according to a survey released Friday.
 
Economics officials said Thursday that the Asia Cement Co.'s mining project inside the Taroko National Park can be terminated next year as new Environment Minister Lee Ying-yuan (李應元) hopes, but the company's operations in the 417 hectares outside the park cannot be suspended without new legislation banning such activities.
 
McAspirations
A McDonald's employee guides a girl through the beverage-making process during a promotional event for the fast food chain's "Mcdcamp," in which young participants can experience working in a McDonald's restaurant in Taipei on Friday, May 27. The chain is accepting applications starting June 1.
 
Consumer confidence in Taiwan was haunted by weakness in the local economy in May, sending the country's consumer confidence index (CCI) to its lowest level in more than two years, according to National Central University (NCU).
 
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