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March 26, 2017

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Justice Minister under fire as top court hears gay marriage case
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Taiwan > Business
Under pressure
A manager at the embattled Far East Oil Mills Co. (遠東油脂公司) pushes a cart of his company's recalled products in Taipei, Sunday, March 12, during a government inspection. A national recall is underway for 19 of Far East's products, including margarine and shortening, ...
 
Taiwan-based Taishin Financial Holdings's (台新金) securities arm agreed a deal in principle Friday to acquire Ta Chong Securities (TCSC, 大眾證券) for NT$4.23 billion.
 
Papermaker Yuen Foong Yu (YFY, 永豐餘) said Friday it would raise its household product prices this month because of rising material costs.
 
Swiss presence at Taipei show reflects growth of Swiss-Taiwan collaborations
Secretary-General of the Swiss Mechanical and Electrical Engineering Industries Christoph Blattler praised Swiss-Taiwan collaboration in the field of machine tools during an exclusive sit-down with The China Post on Thursday.
 
An expo fit for Taiwanese firms
A product by Taiwan-based furniture and hardware company King Slide Works Co. is displayed at the International Furniture Fair Singapore. Several local firms have traveled to the city-state to show off their wares at the event.
 
Gov't offers sneak peek at Asia Silicon Valley
The central government on Wednesday unveiled its first list of 21 "priority" projects in its development program for internet of things at Asia Silicon Valley.
 
Call the APIC team: Industry, gov't   launch 'New Southbound' task force
The government appears to be stepping up its efforts to pivot toward Southeast Asia -- and away from mainland China -- as the Economics Ministry and national corporate groups joined hands Wednesday to announce the launch of the Committee on Asia-Pacific Industrial Cooperation (APIC, 亞太產業合作推動委員).
 
Market leading consumer lens maker Genius Electronic Optical (GSEO) reported a 42.92 percent month-on-month decrease and 9.33 percent year-on-year increase in February revenues on Wednesday.
 
Local automotive and aircraft equipment manufacturer KEN (大前科技) put the spotlight on its trademark high-speed "5-axis" machinery Tuesday as the Taipei International Machine Tool Show (台北國際工具機展) kicked off.
 
Tools of development
Vice President Chen Chien-jen (陳建仁) speaks at the opening ceremony of the 26th Taipei International Machine Tools Show, Tuesday, Mar. 7. Taiwan's exports of machine tools rank fifth globally, and Chen said he hoped that the industry could gross over NT$1 trillion this year, propelling Taiwan into an age of Industry 4.0.
 
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