Taipei, March 11, 2010 (CENS)--Formosa Plastics Group (FPG), Taiwan`s leading manufacturing conglomerate, plans to raise the salaries of the 75,000 employees of its four major subsidiaries, Formosa Plastics, Nan Ya Plastics, Formosa Chemicals and Fibre, and Formosa Petrochemical, by 3% in July.

The pay hike underscores the business upturn of the group, which froze its employee`s salaries last year, due to the impact of global financial tsunami.

Along with the pay hike, Wang Wen-yuan, ch ...(Full Story)