Page 4 - Far Eastern Group News Today

U-Ming Marine Transport Corporation (TSEC code: 2606 – one of nine public-listed companies of the Far Eastern Group), has contracted with Japan’s Sumitomo Marine Co. Ltd. to commission Oshima Shipbuilding Co., Ltd. to build a 99,990 DWT Post Panamax Bulk Carrier M.V. Cemtex Excellence. A Christening ceremony was hosted by Mr Douglas Hsu, Chairman of ...

A new eco-friendly Post-Panamax bulk carrier ordered by U-Ming was christened during an online ceremony on 9 March.

Follow this page for updates on conflict between China and Taiwan. 

Ejinsight 20220210-Taiwan-companies-leave-China-for-ASEAN Hkej ejinsight.com

Ejinsight 20220210-Taiwan-companies-leave-China-for-ASEAN Hkej ejinsight.com

The Taiwan Strait is a key trade route critical to the free flow of commerce that connects Taiwan to like-minded democracies around the world. The Taiwan Strait is a key trade route critical to the free flow of commerce that connects Taiwan to like-minded democracies around the world.

Based on my experience as a Taiwanese married to a Nicaraguan, the severance of diplomatic relations between Managua and Taipei reflects not so much China’s threat to Taiwan, but China’s threat to the world. Since Nicaraguan President Daniel Ortega returned to power at the end of 2006, he has managed to hold on to the presidency by amending the constitution to allow the president to be re-elected without restrictions. Blackouts would happen at polling stations during a presidential election,...

CARBON CAVEATS: The nation’s net-zero carbon emissions goals mean that participating firms would be reviewed based on their plans to use green energyBy Chen Cheng-hui / Staff reporter

The Cabinet yesterday extended its “Invest in Taiwan” initiative for three years, adding more funding and requirements to meet the government’s 2050 net-zero carbon emissions goals. The extension of the repatriation program came amid persistent demand from Taiwanese businesses and an anticipated wave of reshoring due to changes in China’s business environment, Executive Yuan spokesman Lo Ping-cheng (羅秉成) told a news conference in Taipei after a weekly Cabinet meeting. The initiativ...

(Bloomberg) -- Taiwanese companies, which led the charge into China decades ago when the mainland opened to overseas capital, have been scaling back for years because of higher labor costs and more local competition.