President Enterprises tries to create a new wage policy

Article Abstract:

President Enterprises Corp has begun an ambitious program to overhaul its outmoded compensation system. The Taiwanese food company, which retains a Japanese-style wage policy, is making tentative steps toward its eventual goal of making performance rather than seniority the primary consideration for wage increases. The bold move is part of the company's restructuring program, which aims to increase profits by winning back market share across its product range and by introducing new products that cater to the upscale retail market.

United States, Strategy & planning, Convenience Stores, Grocery stores, Innovations, Grocery industry, Compensation and benefits, Compensation management, President Enterprises Corp.

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A battle may be brewing at Wei-Chuan: takeover bid would come amid tough times at Taiwanese food firm

Article Abstract:

The families who control Taiwan-based Wei-Chuan Foods Corp are fighting to maintain control of the company since the family that controls Ting Hsin (Cayman Islands) Corp and its supporters may have gained ownership of over 50% of Wei-Chuan's shares. A takeover bid by Ting Hsing would come at a time when Wei-Chuan is burdened by government cuts in tariffs to expedite Taiwan's entry to the World Trade Organization.

Contracts, Wei Chuan Foods Corp., Ting Hsin (Cayman Islands) Corp.

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Clinton's remarks on U.S. policy rile many Taiwanese

Article Abstract:

US Pres Bill Clinton's restatement of his administration's official view that there is only one China drew extensive criticism from Taiwanese political leaders for his remarks may make it harder for Taiwan to improve its ties with China. Clinton stated that his administration would not support an independent Taiwan or endorse Taiwan's entry in organizations needing national status.

International Affairs, Intnl Political Relations, China, Political aspects, International relations

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