Express and Ink-Less. CTEE – News the E-Way

TAIPEI, Taiwan–(Business Wire)–
Ever since the portable digital device has enriched our life, everyone is part
of the new technology wave. “Commercial Times Electronic Edition newspaper -
CTEE” is in the forefront of digital, instantaneous, and environmental friendly
news publishing. On its 30th anniversary, it releases a new way of news delivery
through digital media, offering the most convenient way for readers to obtain
detailed and accurate commercial news.

The innovative CTEE provides readers a new way of reading on the Internet by
simulating traditional reading with whole page display as well as single article
format. Now it gives traditional print readers a new option. This is an ideal
media for international businessman that offers quick single section and
breaking news PDF download without download limit and location restraint. Like
the news you see? No problem, we provide print friendly layout that
automatically embeds date and section number.

CTEE daily news is published at 6:00AM sharp. Two “Breaking News” added
services, “Western market breaking news” is available at 7:30AM and “Taiwan
market breaking news” at 2:45PM. CTEE subscribers also receive special privilege
to access our news archive database for articles within 5 years. The best part
of it, from May 20th, 2010, CTEE has partnered with Want-daily news to offer
CTEE subscribers with Want-daily news service. Added value and volume without
the extra price, it is an invaluable news platform for businessman traveling
between Taiwan and China.

Ink-less CTEE still strides to provide rich information that we have done for 30
years, now through the convenient of internet. Readers from around 60 countries
have joined the green movement. Are you always on the go? Join us!
(www.ctee.com.tw/affiliate/cna.htm)

Press:
CTEE
Andre Su
TEL:02-2308-7111 ext.3742
EMAIL:andre@ctee.com.tw

Copyright Business Wire 2010

US ratings agency Moody’s to quit Taiwan

Taipei – Taiwan confirmed Friday that US ratings agency Moody’s plans to quit the country in order to focus on larger Asian markets, a move seen by some as a warning sign for the island. According to the Central News Agency (CNA), Moody’s – which has operated in Taipei for six years – has notified Taiwan’s Financial Supervisory Commission (FSC) of its plan to leave Taiwan by the end of June as part of its re-structuring in Asia.

FSC will approve Moody’s withdrawal after making sure that the interests of Moody’s local clients have been protected, CNA said.

The FSC told CNA that since Moody’s operation in Taiwan is small, its departure will have little impact on Taiwan’s credit ratings, but some experts said this should be a warning for Taiwan.

Liang Kuo-yuan, director of the Polaris Research Institute, warned that Moody’s withdrawal may dampen foreign investors’ interest in Taiwan.

“Taiwan should try to improve the transparency of its government and enterprises, amend outdated rules, promote its internationalization, so as to lure foreign funds,” CNA quoted him as saying.

“Taiwan needs to make a big effort. … if it wants to become an Asia-Pacific operations centre of financial centre,” he added.

Moody’s has about 160 employees working in its offices across Asia – China, Hong Kong, Taiwan, Singapore, Indonesia, India, South Korea and Australia.

Moody’s provides ratings on over 170,000 corporates government and structured finance securities.

Red Cross societies of China, Taiwan to increase cooperation

Taipei – The Red Cross societies of Taiwan and China are to increase cooperation with the signing of an agreement that follows improved relations across the Taiwan Strait, Taiwan’s Central News Agency (CNA) said Wednesday.

Chen Shih-kuei, secretary general of the Taiwan Red Cross, was quoted as saying that a pact was to be signed soon in Taipei with China’s Red Cross. Their first agreement was signed 19 years ago.

The new agreement is to include cooperation in the areas of medical assistance and sea rescues, Chen said.

Taiwan and China split after the Chinese Civil War in 1949, and tensions between their two governments only began to thaw in the late 1980s.

In September 1990, their Red Cross societies signed the Kinmen Agreement, under which Taiwan agreed to deport illegal Chinese job seekers and criminals to China via Kinmen, a Taiwan-held islet off China’s south-east coast. The Kinmen Agreement is still in effect.

Since Taiwan President Ma Ying-jeou took office on May 20, cross-strait ties have improved rapidly. (dpa)

Taiwan to launch regular flights with China in early 2009

Taiwan to launch regular flights with China in early 2009Taipei- Taiwan plans to launch regular flights with China in the first half of 2009, an official said Friday.

Lee Wen-lung, director of the Civil Aeronautics Administration (CAA), told Broadcasting Corp of China that “authorities” have instructed CAA to achieve normalization of air flights across the Taiwan Strait before summer.

“Although the two sides have not opened talks, all the preparations have been made,” the radio quoted Lee as saying.

Taiwan launched holiday charter flights with China in 2003, turned them into weekend charter flights on July 4, 2008, and expanded them into daily charter flights on December 15, 2008.

President Ma Ying-jeou, from the China-friendly Chinese Nationalist Party, has instructed agencies concerned to launch regular flights with China to ease tension and to allow Chinese tourists to visit the island.

In related news, Taiwan on Friday allowed the Star Cruise line to launch Taiwan-China cruise service, according to the Central News Agency (CNA).

According to CNA, the Transport Ministry has approved Star Cruise’s application to launch Keelung-Xiamen regular service starting in the first half of 2009. The certificate, issued on a case-by-case basis, is valid for one year.

However, as the Taiwan-China agreement on sea links allows only Taiwanese and Chinese ships to join the direct sea links launched on December 15, 2008, Star Cruise still has to seek approval from Beijing for its Keelung-Xiamen service, CNA said.

If Star Cruise launches Taiwan-China service, it will become the first foreign cruise line to offer cruise service across the Taiwan Strait.

Taiwan banned sea, air and postal links with China at the end of the Chinese Civil War in 1949, when the Republic of China government lost the war and fled to Taiwan to set up its government-in-exile.

In recent years, as tension began to thaw, Taiwan has relaxed the restrictions and decided to fully drop the bans, after Ma took office on May 20, 2008 and pledged to seek reconciliation with China. (dpa)