TAIWAN POWER FIRM PLANS MORE FOREIGN DEBT CUTS State-owned (Taiwan Power co) will boost its domestic borrowings to further cut its foreign debt in line with a government policy to trim the island's huge foreign exchange reserves, a company official said. The company's foreign debt, mainly from the Japanese and U.S. Banks, was cut nearly by half to 66.2 billion taiwan dlrs equivalent in calendar 1986 from 124.6 billion in 1985, he said. Its domestic borrowings however rose to 105.2 billion taiwan dlrs from 80.6 billion in the same period, he added. Taiwan's foreign exchange reserves now stood at 50 billion U.S. Dlrs, due to its 1986 record trade surplus of 15.6 billion.