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With possible presidential run looming, Terry Gou to visit U.S. - Vimarsana News

With possible presidential run looming, Terry Gou to visit U.S.

Taipei, March 27 (CNA) Terry Gou (郭台銘), founder of Taiwan-based manufacturing giant Hon Hai Precision Industry Co., known as Foxconn globally, was to leave for the United States on Monday for a 12-day visit, Gou's office said in a statement.

Tech manager indicted for fraud over generators sold to the Navy - Vimarsana News

Tech manager indicted for fraud over generators sold to the Navy

Taipei, March 27 (CNA) A tech company manager was indicted Monday on fraud and document forgery charges for having supplied generators made in China rather than Europe to the Navy in violation of the terms of the Navy tender, the New Taipei District Prosecutors Office said.

Economy remains in contraction mode for 4th straight month: NDC - Vimarsana News

Economy remains in contraction mode for 4th straight month: NDC

Taipei, March 27 (CNA) Taiwan's business climate monitor flashed a "blue" light in February for a fourth straight month, signaling that the local economy remained in contraction mode amid slumping exports, the National Development Council (NDC) reported Monday.

Wanted fugitive brought back to Taiwan from Manila to start jail term - Vimarsana News

Wanted fugitive brought back to Taiwan from Manila to start jail term

Taipei, March 22 (CNA) A Taiwanese man who had been at large since being convicted of abduction and extortion in 2002 has been brought back to Taiwan to serve his sentence after being arrested for illegal possession of weapons in Manila by Philippine police earlier this month.

Home buyers to pay NT$40,000 more annually after latest rate hike - Vimarsana News

Home buyers to pay NT$40,000 more annually after latest rate hike

Taipei, March 23 (CNA) Home buyers in Taiwan with a 30-year home loan worth NT$10 million (US$326,797) will have to pay an additional NT$40,000 per year in interest after the country's central bank lifted its key interest rates by 12.5 basis points Thursday, according to a real-estate expert.