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Taiwan insurer buys 20% of RCBC for P18B

RCBC1

Cathay Life Insurance Co. Ltd., Taiwan’s largest life insurer, is buying a 20-percent stake in Yuchengco-led Rizal Commercial Banking Corp. for P17.92 billion, boosting the local bank’s capital build-up program.

Posted: October 2nd, 2014 in Latest Business Stories | Read More »

Taiwan food imports with ‘gutter oil’ recalled

By
SCREENGRAB from www.fda.gov.ph

The Food and Drug Administration (FDA) has announced that importers and distributors have agreed to pull out from the domestic market food items that were sourced from Taiwanese companies that are believed to have purchased oil products tainted with recycled waste oil or “gutter oil.”

Posted: September 18th, 2014 in Latest Business Stories | Read More »

Philippine food firms try to penetrate Taiwan market

Ten Philippine food exhibitors have booked $13.7 million—or roughly P600 million at the prevailing exchange rate—in sales at a recent food show in Taipei, where the country’s “power fruits” and their derived products grabbed the spotlight to gain international recognition anew.

Posted: July 17th, 2014 in Headlines | Read More »

Taiwan’s tourism revenue hits record high in 2013

Taipei Taiwan

Taiwan’s tourism revenue hit an all-time high of $12.32 billion last year, boosted by a growing number of Chinese visitors, the government said Thursday, as relations between the two continue to improve.

Posted: July 10th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Smuggled garlic seized

By
garlic

Amid the spike in garlic prices, the Bureau of Customs (BOC) on Friday seized around 100 metric tons of garlic smuggled from Hong Kong with an estimated value of P30 million at the Port of Batangas.

Posted: June 21st, 2014 in Latest Business Stories | Read More »

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News

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  • Sports

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  • Lifestyle

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  • A week on the road in North Korea
  • Mama Sita’s brings PH flavors to the world’s most prestigious food expo – The 2014 SIAL Paris
  • Living Life ‘Til The Very End
  • Toys ‘R’ Us pulls ‘Breaking Bad’ drug dolls
  • Entertainment

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  • Doors that ‘Saigon’ opened for Rachelle
  • A thoroughly Asian fest for the region and beyond
  • Business

  • EU, PCCI ask PH gov’t for trade facilitation measures
  • EU not keen on Customs pre-shipment inspection amid port congestion
  • URC, Danone sign joint venture to manufacture beverages in PH
  • SSI Group prices IPO at ‘upper end’ P7.50 per share
  • Nokia in $950 million Q3 profit on growing sales
  • Technology

  • Google offers peek into Bhutan with Street View launch
  • Driver of private car using Uber app nabbed in LTFRB sting
  • Zuckerberg speaks Chinese; Beijing students cheer
  • Apple computer sells for record $905K in NY–Bonhams
  • Samsung debuts new Nook tablet with larger screen
  • Opinion

  • Editorial Cartoon, October 23, 2014
  • Truck ban
  • To have peace, there must be justice
  • Double entendre
  • Binay’s politics
  • Global Nation

  • De Lima notes some ambiguous provisions in VFA
  • Foreign maids endure abuse in UAE—Human Rights Watch
  • Widodo kicks off Asean introduction with PH visit
  • DOJ to Interpol: Don’t remove ‘red notice’ tag on Aman Futures boss
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