Taipei - China-based Taiwanese food and beverage giant Want Want China plans to raise 100 million US dollars through an initial public stock offering (IPO) in Taiwan on April 28, its underwriter said Tuesday. "We have proposed the price range of 12.5 Taiwan dollars
(0.37 US dollars) to 15.5 Taiwan dollars, and will start the book-building process between Wednesday and next Monday to determine at what price to offer the IPO," said an agent of the Grand Cathay Securities Corp, underwriter for Want Want.
Taipei - Taiwan bicycle manufacturer Giant Inc plans to launch a travel agency to promote bike tourism , a newspaper reported Tuesday. Giant has applied to the Transport Ministry to operate a Class-A travel agency and hopes to launch the new venture in May, the Taipei Times quoted Giant general manager John Ho as saying.
Ho said the new travel agency was initially expected to bring in more than 100 million Taiwan dollars (nearly 3 million US) in annual revenue, but Giant's goal is not making money but to promote bike riding as a way of life.
Taipei - Taiwan's parliament Monday adopted a resolution insisting that a proposed trade pact with China be apolitical and not sacrifice the island's economic sovereignty. Opposition and ruling party parliamentarians agreed that if Taiwan were to sign a trade agreement with China, it must not include political terms, parliament officials said.
Taipei - German wind-power firm InfraVest GmbH on Monday threatened to quit Taiwan over what it claims is Taipei's reluctance to promote renewable power. InfraVest chairman Karl-Eugen Feifel told a news conference that unless Taiwan improves conditions for developing renewable power, InfraVest may quit Taiwan and consider looking for another country.
He complained that Taiwan's parliament had not adopted a bill on promoting renewable energy and the Taiwan Power Co's purchase price for InfraVest's power is too low.
Taipei - Taiwan police on Sunday arrested a man for throwing banknotes from a taxi on the highway. Chen Ping-teng, 43, was arrested after he tossed 1,000 Taiwan dollar
(30 US dollar) bills from the window of a taxi on a highway in central Taiwan.
The taxi driver, suspecting Chen was the same man who threw money from a taxi on the highway Tuesday, causing traffic jams and triggering a police probe, drove Chen to a police station and handed him over to police.
Taipei - Two Taiwan naval personnel have been arrested for armed robbery which left one Vietnamese prostitute dead and another injured, Taiwan press said Saturday. Tseng Shao-tzu and Liang Poh-yu, both 20, committed the armed burglary and murder Friday in Kaohsiung City, south Taiwan, near the Tsoying Naval Base.
They face a court martial and the death penalty, if found guilty, several newspapers reported.
Taipei - China-based Taiwanese food and beverage giant Want Want China plans to raise 100 million US dollars through an initial public stock offering (IPO) in Taiwan on April 28, its underwriter said Tuesday. "We have proposed the price range of 12.5 Taiwan dollars 
Taipei - Taiwan bicycle manufacturer Giant Inc plans to launch a travel agency to promote bike tourism , a newspaper reported Tuesday. Giant has applied to the Transport Ministry to operate a Class-A travel agency and hopes to launch the new venture in May, the Taipei Times quoted Giant general manager John Ho as saying.
Taipei - Taiwan's parliament Monday adopted a resolution insisting that a proposed trade pact with China be apolitical and not sacrifice the island's economic sovereignty. Opposition and ruling party parliamentarians agreed that if Taiwan were to sign a trade agreement with China, it must not include political terms, parliament officials said.
Taipei - German wind-power firm InfraVest GmbH on Monday threatened to quit Taiwan over what it claims is Taipei's reluctance to promote renewable power. InfraVest chairman Karl-Eugen Feifel told a news conference that unless Taiwan improves conditions for developing renewable power, InfraVest may quit Taiwan and consider looking for another country.
Taipei - Taiwan police on Sunday arrested a man for throwing banknotes from a taxi on the highway. Chen Ping-teng, 43, was arrested after he tossed 1,000 Taiwan dollar 
Taipei - Two Taiwan naval personnel have been arrested for armed robbery which left one Vietnamese prostitute dead and another injured, Taiwan press said Saturday. Tseng Shao-tzu and Liang Poh-yu, both 20, committed the armed burglary and murder Friday in Kaohsiung City, south Taiwan, near the Tsoying Naval Base.
