Page 3 - Far Eastern Group News Today

SOGO SAGA: Sufin Siluko, Chen Chao-ming, Su Chen-ching and Hsu Yung-ming received heavier sentences because they were not cooperative, the court saidBy Jason Pan / Staff reporter

The government should raise the electricity rate for industrial users while freezing the charge for household consumers, the New Power Party (NPP) caucus said yesterday. “We believe the government’s priority should be to adjust the electricity price for industrial users in a more reasonable manner, but it should freeze the electricity charge for household consumers frozen,” NPP Chairwoman Chen Jiau-hua (陳椒華) said ahead of a meeting of the electricity price review committee. Industria...

/PRNewswire/ -- Advanced upcycling startup Novoloop expands its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and...

Advanced upcycling startup Novoloop expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions. This nearly doubles the company's raise of $11 million announced in February.

A fire that broke out at Air Liquide Far Eastern Ltd’s (ALFE, 亞東工業氣體) plant in the Hsinchu Science Park (新竹科學園區) yesterday morning was likely caused by malfunctioning transformer units, the Hsinchu Fire Bureau said. The blaze was extinguished at about 12:30pm, and no injuries were reported, the fire bureau said. Seventy firefighters and 20 trucks were deployed to the site to put out the fire, which likely stemmed from overheating transformer equipment on the first floor...

The Business Research Company’s Tire Cord Fabrics Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

Authorities in the Vietnams Binh Duong province recently met Yeh Ming Yuh, director general of Taiwans Polytex Far Eastern Vietnam, to discuss how to help the later resolve...

Authorities of the southern province of Binh Duong on March 29 met with Yeh Ming Yuh, Director-General of Polytex Far Eastern Vietnam, to discuss how to help the textile firm to resolve issues facing its expansion project at Bau Bang Industrial Park.

LIKELIEST BUYER: The Taiwanese food conglomerate has the right of first refusal for Carrefour’s 60% stake in the unit, although other bidders are interested, sources said/ Bloomberg

Carrefour SA is in advanced talks to sell a controlling stake in its Taiwanese operations to its local minority partner Uni-President Enterprises Corp (統一企業), people familiar with the matter said. Uni-President has emerged as the likeliest buyer for 60 percent of the French grocer’s business, the people said, asking not to be identified because the matter is private. The Taiwanese food conglomerate, which has the right of first refusal for Carrefour’s stake, and the European firm are...