Staff writer, with CNACompanies listed on the main board posted a year-on-year increase in pretax profit in the first quarter, as the economy at home and abroad continues its recovery, Taiwan Stock Exchange (TWSE) data released yesterday showed. Companies listed on the exchange earned NT$503.7 billion (US$16.85 billion) in pretax profit, up 11.29 percent from a year earlier, the TWSE said. The profit reports were submitted by 831 Taiwan-incorporated firms and 70 firms registered overseas that have their primary listings in Taiwan, the exchange said. However, the data did not cover the 14 financial holding companies listed on the board, as they do not release their first-quarter results until the end of the month, it added. Taiwanese firms’ pretax profit rose 12.26 percent from a year earlier to NT$491.5 billion, while pretax profit of the foreign companies fell 17.57 percent to NT$12.2 billion, the data showed.
May 16, 2018 15:56 UTC
Department of Animal Industry Deputy Director Wang Chung-shu (王忠恕) made the remark in response to animal rights groups’ calls for cage-free eggs. By the end of this year, its nationwide stores are to set up special zones to promote cage-free eggs, it said. Open Wing Alliance vice president Aaron Ross displayed pictures taken at Taiwanese egg farms, showing chickens crowded in battery cages, and called on the farmers to join the global trend of cage-free egg farming. The council has no timetable to ban battery cages, as more communication with egg farmers is needed, Wang said. Most egg farmers at the meeting said they do not object to rearing free-range chickens, but added that they are deterred by potentially higher costs and limited market access.
May 15, 2018 16:04 UTC
By Ou Su-mei and Sherry Hsiao / Staff reporter, with staff writerAn interactive multimedia exhibition featuring flower and horse paintings is scheduled to open in the fall at the Houli Horse Ranch in Taichung, cosponsored by the Taichung Tourism and Travel Bureau and the National Palace Museum. The exhibition is to feature digital projection and motion-sensor technologies to provide a new, immersive way of experiencing art, and to inspire visitors to engage in dialogue with nature, art and history, they said. Not only will the painting exhibition show respect for culture, but it would also portray a “horse and flower paradise” that is beautiful whether standing still or is in motion, the bureau said. The painting exhibition has been timed to coincide with the Taichung World Flora Exposition, for which the ranch and the Houli Forest Park Area will be one of three main venues. The Taichung City Government has remodeled parts of the ranch as part of preparations for the World Flora Exposition, restoring historical buildings to preserve their historical connections while giving them new meaning, the bureau said.
By Jason Pan / Staff reporterThe Taiwan High Court yesterday found former president Ma Ying-jeou (馬英九) guilty of leaking classified information obtained from Special Investigation Division (SID) wiretaps of two top lawmakers in 2013. Ma is the second former Taiwanese president to be convicted of a crime, following former president Chen Shui-bian (陳水扁), since direct presidential elections started in 1996. Overturning the Taipei District Court’s not guilty verdict delivered on Aug. 25 last year, the High Court said Ma contravened the Communication Security and Surveillance Act (通訊保障及監察法) and the Personal Information Protection Act (個人資料保護法), and was guilty of leaking confidential information under the Criminal Code. The probe found that Ma then divulged the classified information from the transcripts of a conversation between Ker, Wang and others to then-premier Jiang Yi-huah (江宜樺) and then-Presidential Office deputy secretary-general Lo Chih-chiang (羅智強). Together with the new interpretation, the High Court judges ruled that there was clear evidence that Ma leaked confidential information from the investigation to Jiang and Lo.
By Lee I-chia / Staff reporterThe Health Promotion Administration (HPA) has published a “my meal plate” illustration to promote eating healthy, nutritionally balanced meals. While people should prepare healthy meals according to the “my meal plate” concept, which total about 850 calories per meal, they can make small modifications according to their likes and lifestyles, Yu said. For example, a woman with a sedentary lifestyle could reduce the amounts in each group to three-quarters, which would reduce the total calories to about 650 yet still maintain balanced nutrition, Yu said. HPA’s Nutrition and Health Surveys conducted between 2013 and 2016 of people aged from 19 to 64 found that 99.8 percent did not get enough dairy products, 91 percent did not eat enough nuts and 86 percent did not eat enough fruit and vegetables. The “my meal plate” picture, the dietary guidelines and more detailed information can be found on the HPA’s Web site in Chinese (obesity.hpa.gov.tw/TC/Eat.aspx).
By Ann Maxon / Staff reporterNone of the 57 candidates who hope to head the nation’s cities and counties next year consider Minister of Education Wu Maw-kuen (吳茂昆) qualified for his position, the National Federation of Teachers’ Unions said yesterday, citing a survey it conducted. It surveyed 57 mayoral and county commissioner candidates across party lines, the group said. Of the 17 candidates who responded, 16 said Wu is unqualified to be education minister. None of 20 Democratic Progressive Party (DPP) candidates, including incumbents, said Wu is qualified to be the minister. Almost all teachers’ unions and more than 15 parents’ associations have openly asked Wu to step down, the group said.
By Lisa Wang / Staff reporterNeo Solar Energy Corp (新日光能源) yesterday reported its seventh consecutive quarterly loss, as a modest rise in prices was not enough to help it out of the woods last quarter. Neo Solar attributed the improvement to a reduction in operating expenses to NT$345 million during the quarter. “Demand from China came to a halt as a year-end installation spree ended,” Neo Solar said in a statement. Neo Solar is scheduled to absorb Gintech and Solartech in a three-way merger in October. Neo Solar hopes the merger will enhance the cost structure of the new entity — to be called United Renewable Energy Co (聯合再生) — by expanding its solar mobile scale and allowing it to build a greater presence in the solar power plant market.
World Hypertension Day is observed every year on May 17, and this year’s theme is “Know Your Numbers,” the agency said. The day is an initiative of the World Hypertension League and aims to raise hypertension awareness around the world, and encourage people to prevent and control it by measuring their blood pressure, it added. Hypertension is also a risk factor for diabetes, kidney disease, eye disease and other chronic diseases, HPA Chronic Disease Control Division Director Chia Shu-li (賈淑麗) said. “Hypertension has no initial symptoms, so we hope that people will measure their blood pressure regularly,” said Lin Hung-ju (林鴻儒), Taiwan Hypertension Society secretary-general and an attending physician at National Taiwan University Hospital’s Division of Cardiology. HPA Director-General Wang Ying-wei (王英偉) said people with blood pressure of more than 140/90 millimeters of mercury is considered as hypertensive and should seek medical treatment.
By Ted Chen / Staff reporterEastern Home Shopping & Leisure Co Ltd (EHS, 東森購物) is optimistic on earnings growth this year as the TV shopping operator expands into the cross-border e-commerce business through an acquisition. EHS is expecting a boost to its profit and top line as its products are listed on Strawberrynet, Gary Wang (王令麟), chairman of Eastern Media Group (東森集團), the parent company of EHS, told a news conference in Taipei. “We expect our earnings per share to rise to NT$6 this year from NT$3.84 last year, with sales this year projected to rise 33 percent year-on-year to more than NT$18.3 billion,” Wang said. Given the limited market at home, local companies must tap the global market, Wang said, adding that as opposed to building capabilities and warehouses on its own, the acquisition of operators is the quickest way to establish a foothold in the e-commerce market. The company would refrain from engaging in unsustainable competition on prices and shipping fee subsidies in Taiwan’s fiercely competitive e-commerce market, Wang said.
AP, GAZA CITYThousands yesterday joined funeral processions for some of the dozens of Palestinians killed by Israeli troops in a mass march on the Gaza border, as Israelis faced growing diplomatic fallout from the use of lethal force against unarmed protesters. Israeli forces killed 59 Palestinians, most by gunfire, and injured more than 2,700 on Monday, the Gaza health ministry said. Turkey lowered flags to half-mast to mark three days of mourning for the Palestinians killed in Gaza, while China called on Israel to exercise constraint. For Hamas, which seized Gaza in 2007, Monday’s border protest was the culmination of a weeks-long campaign to try to break the blockade. There were no signs yesterday that it had made a breakthrough in shaking off the blockade that was imposed by Israel and Egypt in 2007.
“Lai had said that the plan to subsidize private kindergartens was made because the speed at which public and non-profit kindergartens are being built cannot meet the nation’s growing need for childcare services and preschools. Private kindergartens are known for overworking their employees and their quality is often questionable, she said. Subsidizing private kindergartens would not solve any problems, as they would only be opened in profitable locations, he said. “Of all the nation’s districts and townships, 43 have no private kindergartens — and they are not necessarily what people typically consider ‘remote areas,’” he said. Offering subsidies to private kindergartens would not help families living in those areas, nor would it improve the quality of those kindergartens or increase birthrate, he said.
The company yesterday forecast a 5 percent quarter-on-quarter growth in shipments across its four main product categories this quarter, it told a teleconference. MARGINGross margin during the period came in at 5.1 percent, up 0.1 percentage points quarter-on-quarter, but down 0.5 percentage points year-on-year. Operating margin fell by 0.4 percentage points quarter-on-quarter and 0.2 percentage points year-on-year to 1.4 percent, it said. That compared with non-operating losses of NT$1.7 billion the previous quarter and NT$993 million the previous year, it said. Inventec shares yesterday rose 0.43 percent to close at NT$23.15 in Taipei trading, outperforming the TAIEX, which fell 0.71 percent.
Staff writer with CNAThe Tainan City Government wants to use “secret diners” to provide feedback on service at English-friendly eateries in the city this summer, the Tainan Office of English as the Second Official Language (OEASOL) said yesterday. The feedback should cover the restaurants’ bilingual language service, menus and brochures, Lee said. Building on a previous initiative to help the city’s businesses foster English-friendly environments, OEASOL is shifting its focus to help with marketing efforts, Lee said. This includes helping distribute restaurants’ bilingual coupons and vouchers to foreign students in Tainan to promote local food, he said. With OEASOL’s efforts, Tainan now has more than 500 English-friendly shops, and the office also helps correct inaccurate or confusing translations in shops and restaurants, Lee said.
AP, HOUSTONKevin Durant continues to deliver in the post-season for the Golden State Warriors. He scored 37 points on Monday to lead the Warriors to a 119-106 win in the long-awaited showdown with the Houston Rockets in Game 1 of the Western Conference Finals. Durant, who played just more than 40 minutes, was asked if he would prefer to play the entire 48 minutes. Harden scored 41 to lead the Rockets, who lost at home for the second time this post-season. Steph Curry added 18 for the Warriors, who are in the conference finals for a franchise-record fourth straight time.
AP, WINNIPEG, ManitobaJonathan Marchessault on Monday scored twice in the Vegas Golden Knights’ message to the Winnipeg Jets, bouncing back with a 3-1 series-evening win in Game 2 of the Western Conference Final. “Every time we need a big game as a group, we show up,” Marchessault said. After losing the series opener, Marchessault told reporters that the team faced a must-win game. “Fleury had to make three or four really good saves in the first seven minutes,” Vegas coach Gerard Gallant said. Fleu-ry!” — and were quickly quieted by another Marchessault backhander that beat Hellebuyck.