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Prince upbeat thanks to new projects

Tainan-based Prince Housing and Development Corp (太子建設) is looking at earnings growth this year due to unrecognized sales and profits of about NT$6 billion (US$205.42 million), the company told an investors’ conference on Wednesday.
The rosy outlook, if realized, would beat last year’s net income, which soared nearly twofold from 2020 to a five-year high of NT$1.53 billion, or earnings of NT$0.95 per share.
The company’s board approved a proposed cash dividend of NT$0.5 per share, pending shareholders’ approval at a meeting on June 17.
Prince Housing and Development stands to benefit from a new housing project in New Taipei City’s Linkou District ....

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TSMC could turn Kaohsiung into Taiwan's southern tech hub | Taiwan News

City is reinventing itself and has all the attributes to rival Hsinchu.The southern city has all the attributes to rival Hsinchu as a high tech hub | 2022-04-16 10:30:00 ....

T Ai Chung , Wikimedia Commons , Ma Ying Jeou , National Kaohsiung Center , Kaohsiung Music Center , Kaohsiung City Council , Taiwan News , Taiwan Semiconductor Manufacturing Co , Taiwan Semiconductor Manufacturing , Nanzih District , Yellow Metro ,

Two Chinese indicted in cash laundering case

Two Chinese have been indicted for their alleged involvement in illegal money transfers between Taiwan and China, Kaohsiung prosecutors said on Thursday.
A man surnamed Zheng (鄭) and a woman surnamed Ong (翁) were indicited under the National Security Act (國家安全法) and the Banking Act (銀行法), prosecutors said.
Zheng, 52, and Ong, 47, allegedly conducted unregistered banking activities, remitting about NT$20 million (US$686,860) in the past year, prosecutors said.
Investigators arrested Zheng and Ong at a supermarket in Kaohsiung’s Nanzih District (楠梓) last year.
The national security charges are because the two allegedly assisted a Hong Kong-based investment firm, and colluded with a Kaohsiung-based ....

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TSMC's Kaohsiung plant site passes environment impact assessment

Kaohsiung, April 13 (CNA) Taiwan Semiconductor Manufacturing Co.'s (TSMC's) plan to build a factory in Kaohsiung has moved one step forward after the factory site passed an environmental impact assessment on Tuesday. ....

T Ai Chung , Elizabeth Hsu , Chang Chien Chung , Kaohsiung Economic Development Bureau , Environmental Protection Administration , Kaohsiung City Economic Development Bureau , Taiwan Semiconductor Manufacturing Co , Materials Co , Taiwan Semiconductor Manufacturing , Nanzih District , Kaohsiung City Economic Development , Southern Taiwan Science , Hung Hsueh Kuang ,

THSRC, TRA seek NT$79m redress from cement firm

Taiwan High Speed Rail Corp (THSRC) and the Taiwan Railways Administration (TRA) are collectively seeking restitution of nearly NT$79 million (US$2.7 million) from Southeast Cement Corp for disrupting railway service on Friday last week, Minister of Transportation and Communications Wang Kwo-tsai (王國材) told a meeting of the legislature’s Transportation Committee yesterday.
The day before the nation was to observe a four-day Tomb Sweeping Day long weekend, a cement storage facility at the company’s Kaohsiung plant collapsed and crushed an electric tower. Power supply to the high-speed rail system was subsequently cut off, crippling train operations between Tainan and Kaohsiung’s Zuoying Station.
To ....

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