Friday, July 25, 2014
Formosa Plastics Group (FPG, 台塑) executive Wilfred Wang (王文潮) yesterday stated that the company is seeking an experienced expert and industry veteran to lead the company's Vietnam-based steelworks operation.
Shares of TransAsia Airways (復興航空), a mid-sized Taiwanese international carrier, came under pressure Thursday morning after one of its turboprop planes crashed on the outlying island county of Penghu a day earlier, killing 48 and leaving 10 injured, dealers said.
Shares in Taiwan closed 0.29 percent higher at 9,527.54 as the financial sector attracted rotational buying while the U.S. dollar gained NT$0.017 to close at the day's high of NT$30.052.
LG Electronics posted a 165 percent surge in second-quarter net profit Thursday from a year ago, on solid TV sales and a dramatic turnaround in its long-troubled mobile unit.
Thursday, July 24, 2014
Stormy weather on the trailing edge of Typhoon Matmo was the likely cause of a plane crash on a Taiwanese island that killed 48 people, the airline said Thursday.
A TransAsia Airways (復興航空) passenger flight crashed near the Magong Airport on Penghu Island yesterday, with the transportation minister confirming 46 missing and feared dead and 12 injured as of press time., 2 Comments
Thirteen people were reported injured as a result of Typhoon Matmo, which hit Taiwan yesterday morning, the Central Emergency Operations Center (CEOC) announced yesterday.
In the wake of a crash landing by TransAsia Airways' passenger plane, flight GE-222, Premier Jiang Yi-huah (江宜樺) instructed the Ministry of Transportation and Communications (MOTC) to investigate the accident and take the lead in future official matters.
Of the hundreds of trees felled by Typhoon Matmo around Taiwan overnight, one drew special attention Wednesday, with local officials and one of Taiwan's major airlines immediately pledging not only to save it but to make it grow stronger.
The Ministry of National Defense (MND) said that it had dispatched over 1,100 servicemen to evacuate over 1,600 people across Taiwan from their residences.