In turn, Uni-President and President Chain Store have also agreed to buy a 20 percent and 30 percent stake in Starbucks Taiwan, from the U.S. firm for NT$2.17 billion and NT$3.25 billion. Added to their existing stake in the company, the new acquisitions ... ( read original story ...)
Ting Hsin former chairman jailed in oil scandal
Taipei, July 28 (CNA) Wei Ying-chung (魏應充), the former ... After Wei's appeal, the Intellectual Property Court reduced his sentence to two years in the second trial in April 2016. The ruling is final and cannot be appealed because prosecutors charged ... ( read original story ...)
Philippines Morning News For July 28
THE Department of Finance (DOF) targets to incur a total of $1.8 billion ... will stay strong and climb 30 percent over the next 3 years, Minister James Chu of the Taipei Economic and Cultural Office said Thursday. The local government of Davao City ... ( read original story ...)
Dubai’s population surges as tourists outnumber residents by five to one
A recent report produced by finance body ICAEW and Oxford Economics claimed that ... Prague, Vienna, Amsterdam, Taipei, Osaka, Bangkok, Rome, London, Hong Kong, Singapore, Seoul, Tokyo, Istanbul, New York and Shanghai, the data showed. ( read original story ...)
Taiwan Shares May Hand Back Thursday’s Gains
For the day, the index climbed 89.26 points or 0.86 percent to finish at 10,508.37 after trading between 10,427.83 and 10,516.23 on turnover of 109.083 billion Taiwan dollars. Among the actives, Cathay Financial climbed 1.53 percent, while Mega Financial ... ( read original story ...)
The Latest: Officials call Foxconn project ‘Flying Eagle’
Walker says the project says to the world ... the headquarters of Taiwan's Hon Hai Precision Industry Co., also known as Foxconn, in New Taipei City, Taiwan. Wisconsin Gov. Scott Walker says President Donald Trump plans to make a "major jobs announcement ... ( read original story ...)
Approval of Burrard & Nelson Project Keeps First Baptist Church at the Heart of the City
The Community Amenity Contributions (CAC) for the project, valued at $91.3-million - one of the city's largest - will go towards a full ... Shanghai, Beijing, Taiwan, Tokyo, Hong Kong, Shenzhen, Chengdu and Singapore, and over 25 billion dollars of ... ( read original story ...)
U-12 Baseball World Cup 2017 is ready to go in Tainan, Taiwan
That’s why the city is hosting this event for the second straight time”. Fraccari than said he had been impressed by the project of a new baseball facility ... Why move it from Taiwan?”. Fraccati and Hsu Tain Tsair were sitting in a front row filled ... ( read original story ...)
International agricultural fertilisers, machinery expo opens in HCM City
Agro Vietnam 2017 has attracted 80 exhibitors from 10 countries and territories, including Japan, the US, South Korea, Malaysia, China, and Taiwan. The products ... saying that the city will facilitate the project implementation. Can Tho is also offering ... ( read original story ...)
Pinoy wizards shine in World Math Invitational
The Philippine Team, composed of students from various schools, won big at the World Mathematics Invitational (WMI) held from July 14 to 18 in Ho Chi Minh City ... of the Research Project Regarding Math category. Founded in 2013 in Taiwan, WMI is an ... ( read original story ...)
The Latest: Foxconn pushes Wisconsin on highly skilled jobs
FILE - In this Feb. 4, 2016, file photo, employees enter and exit the headquarters of Taiwan's Hon Hai Precision Industry Co., also known as Foxconn, in New Taipei City, Taiwan ... It's the largest economic development project in state history. ( read original story ...)
Starbucks to Acquire Remaining Shares of East China JV to Operate All Stores in Mainland China
Founded in 1997, the Taiwan JV currently operates approximately 410 Starbucks stores in Taiwan. “Unifying the Starbucks business under a full company-operated structure in China, reinforces our commitment to the market and is a firm demonstration of our ... ( read original story ...)
Opinion Journal: Trump’s Foxconn Triumph
Business World Columnist Holman Jenkins Jr. on the Taiwan-based electronic company’s investment in Wisconsin. Photo Credit: Getty Images. ( read original story ...)
Starbucks buys its China business
"Similar to our decision in 2011 to fully license our Hong Kong and Macau market operations, we are pleased to transition our business in the Taiwan market to our longtime partners Uni-President Enterprises Corp. and President Chain Store Corp., both ... ( read original story ...)
Coffee giant makes a blockbuster deal in China
... operates approximately 410 Starbucks stores in Taiwan. “Similar to our decision in 2011 to fully license our Hong Kong and Macau market operations, we are pleased to transition our business in the Taiwan market to our long-time partners Uni ... ( read original story ...)
Starbucks’ $1.3B China Deal Is Its Biggest Acquisition Ever
At the same time that SBUX buys the rest of its East China business, it will also be selling its 50% stake in President Starbucks Coffee Taiwan Limited. This sale will be to, Uni-President Enterprises Corporation and President Chain Store Corporation. ( read original story ...)