By Philip C. Tubeza
The Philippines has banned 15 food products from Taiwan which were found to be contaminated with maleic acid. In an advisory dated June 6, Food and Drug Administration (FDA) Acting Director General Kenneth Hartigan-Go said the FDA banned the 15 food products because they were also not registered with the government.
By Tonette Orejas
CLARK FREEPORT—State-owned Clark Development Corp.(CDC) has approved the operations here of Taiwanese garments company MSK Group Work Inc., which plans to invest an initial P360 million. CDC president and chief executive officer Arthur Tugade said he signed the agreement after the CDC board of directors on May 10 cleared MSK’s expansion plan. In [...]
One of the Philippines’ biggest airlines said Wednesday it had canceled the planned launch of a new Taiwan route because of tensions over a Taiwanese fishermen being killed by the Filipino coastguard.
Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip manufacturer, reported a 32 percent jump in profits in the final quarter last year, benefiting from increasing global sales of smartphones and tablet computers.
By Tarra Quismundo
Tourists from Malaysia and Taiwan posted among the biggest jumps in arrivals this year as the tourism industry picked up through renewed marketing and enhanced air connectivity with key cities, the Department of Foreign Affairs (DFA) said Saturday.
By the staff
The single biggest stockholder of Victorias Milling Corp. unloaded its 24-percent interest in the sugar firm last Friday, possibly cashing out ahead of further tariff cuts under the Asean Free Trade Agreement (Afta). No, it’s not the Lucio Tan group but a foreign fund named CVI GVF Lux Masters, which has a more substantial (compared [...]
Taiwan, which is seeing a boom in tourism from China, will spend Tw$463 billion ($15.4 billion) on a new terminal and other facilities at its main airport, the government said Wednesday.
By Amy R. Remo
A delegation of eight Philippine automotive and motorcycle parts companies is set to join two trade missions in Taiwan later this month, in a bid to explore strategic partnerships with auto parts importers, equipment suppliers and potential investors.
Taiwan’s leading computer vendor Acer Inc. said Wednesday it suffered a loss of Tw$6.8 billion ($236 million) in the three months to June, swinging from a profit of $41.53 million in the previous quarter.
TAIPEI – Taiwan’s once-booming textile industry entered this decade in need of a wake-up call, with global competition having reduced exports by over a third. But one firm has received a boost from a surprising source: coffee. The S. Cafe fabric, made by small firm Singtex Industrial, incorporates recycled coffee grounds from Starbucks and 7-Eleven, [...]