Latest Taiwan News
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Taipei puts Manila on the spot with boat satellite data
(26 mins ago) Taiwan has released a satellite record of the route of a fishing boat fired on by Philippine coastguard, flatly rejecting Manila's claims that the vessel intruded into Philippine waters. The killing of Hung Shih-cheng, 65, sparked outrage in Taiwan, which has announced a series of economic sanctions against Manila, including a travel alert. Taiwan's Fisheries Agency ...
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Chinese Taiwanese tourists held in Ilocos
LAOAG CITY, Ilocos Norte, Philippines -- At least 52 Chinese and Taiwanese tourists were turned over to the Bureau of Immigration here early Tuesday after their presence in a resort in Vigan City in Ilocos Sur raised suspicions. Inspector Glen Dulay, deputy police chief of Vigan, said police were on routine inspection of beach resorts in Vigan on Monday when they chanced upon a big group of ...
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Taiwanese start cancellation of flights resort reservation in Boracay
Taiwanese tourists to Boracay, a world-renowned resort in central Philippines, have started canceling hotel reservations since Taiwan issued an advisory against traveling to the country after Philippine Coast Guards killed a Taiwan fisherman. Percy Malonesio, head of the Civil Aviation Authority of the Philippines (CAAP) to Kalibo International Airport (KIA), said on Tuesday, "We have ...
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Taiwan tourists cancel Philippines plans
/enpproperty--> BORACAY, Philippines - Taiwan tourists to Boracay, a world-renowned resort in central Philippines, have started canceling hotel reservations since Taiwan issued an advisory against traveling to the country after Philippine Coast Guards killed a Taiwan fisherman. Percy Malonesio, head of the Civil Aviation Authority of the Philippines (CAAP) to Kalibo International Airport ...
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Govt moving to end southern fishing line
The government is moving toward abolishing Taiwan's southern boundary for fishery protection, an act which would extend the formal operational area of the Navy, the Coast Guard and local fishermen further south within Taiwan's exclusive economic zone (EEZ) toward the ...
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Taiwan cancels flight to Boracay
(1 hr 9 mins ago) Taiwanese tourists to Boracay, a world-renowned resort in central Philippines, have started canceling hotel reservations since Taiwan issued an advisory against traveling to the country after Philippine Coast Guards killed a Taiwan fisherman. Percy Malonesio, head of the Civil Aviation Authority of the Philippines to Kalibo International Airport, said on Tuesday, "We ...
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As no longer a deprived island environmental sustainability should be valued over any individual business gains in Taiwan
Query from Taiwan News on April 17:Attention: Taitung County Government Do you agree with claims by environmentalists that the impending Meiliwan Resort development project will do much damage to Shanyuan Bay as well as the way of life of local indigenous people? If not, what is your argument? As of May 21, Taitung County Government has not responded to the press ...
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Japan releases Taiwan fishing vessel
Japan impounded his vessel in waters between the two countries. The incident followed the death of Taiwanese fisherman Hung Shih-cheng at the hands of a Philippine government agent on May 9, which led to rising tension and to the imposition of sanctions on Manila by Taiwan. ...
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Taiwan prosecutors appeal sentence ex-Cabinet official
TAIPEI (Taiwan News) - Prosecutors filed an appeal against the prison sentence of seven years and four months for former Cabinet Secretary-General Lin Yi-shih, reports said Tuesday. After the Taipei District Court issued the verdict on April 30 and found Lin not guilty on two corruption-related charges, while also throwing out similar charges against his wife, mother and two uncles, public ...
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Local bourse ends flat as profit taking erases gains
Taipei, May 21 (CNA) Shares in Taiwan closed little changed Tuesday as investors pocketed the gains they had built up earlier in the session amid fears over a possible pullback ahead of 8,400 points, dealers said. Smartphone camera lens supplier Largan Precision Co. continued an uptrend amid optimism toward its bottom line, while several other high-tech heavyweights remained stagnant after their ...
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CLSA raises MediaTek target price on brighter Q3 outlook
Taipei, May 21 (CNA) MediaTek Inc., Taiwan's largest handset chip designer, is expected to post stronger revenue growth in the third quarter thanks to lower-priced chips and improving production capacity, ...
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Taiwan registers net outflow of funds for 11th quarter in a row
Taipei, May 21 (CNA) Funds poured out of Taiwan for the 11th quarter in the row in the first quarter of 2013 as life insurers bought overseas bonds and individuals increased their investments abroad, Taiwan's central bank reported Monday. In its quarterly review of Taiwan's balance of payments, the central bank said the country ran ...
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Taiwans specialty chemicals output to grow in 2013
Taipei, May 21 (CNA) The output of Taiwan's specialty chemicals sector will grow marginally in 2013 despite global economic uncertainties, a government report said Tuesday. The report released by the Industry and Technology Intelligence Services said that the output value of the sector is expected to reach NT$678.54 billion ...
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Philippine president mulling fishery cooperation talks with Taiwan
Manila, May 21 (CNA) Philippine President Benigno S. Aquino III told local media Tuesday that he is considering discussions with Taiwan on matters related to fishery cooperation to avoid any recurrence of an incident in which a 65-year-old fisherman was shot dead by Philippine marine patrol personnel in overlapping waters of the two countries May 9. Such cooperation would help promote regional ...
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Moderate earthquakes jolt eastern Taiwan
Taipei, May 21 (CNA) A total of seven earthquakes struck eastern Taiwan between 12:21 p.m. and 1:16 p.m. Tuesday, with the largest one registering a magnitude of 4.9 on the Richter scale, according to Central Weather Bureau data. No casualties were immediately reported. The quakes, ranging from 3.4 to 4.9 in magnitude, were all centered in Hualien County in eastern Taiwan -- an earthquake prone ...
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Kempinski Hotels Opens Grand Kempinski Hotel Shanghai
Official reflagging of the 678-room Gran Meli Hotel Shanghai took place on 15 May 201321th May 2013 - Kempinski Hotels, the oldest European luxury hotel group, has signed an agreement with Shanghai Suncuba Co. Ltd to take over the management of the Gran Meli Hotel Shanghai in Pudong, Shanghai. Opened in February 2010, the hotel was rebranded as Grand Kempinski Hotel Shanghai on 15 May 2013 and ...
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EM ASIA FX-Taiwan dollar won lead Asia FX gains Bernanke in focus
* Taiwan dlr up on foreign investors, exporters; c.bank caps * Won up on offshore funds, exporters; intervention suspected * Baht firm on inflows, short-covering; rate cut views limit (Adds text, updates prices) By Jongwoo Cheon SEOUL, May 21 (Reuters) - The Taiwan dollar and the South Korean won led gains among emerging Asian currencies on Tuesday, as investors ...
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Heavy rain alert around Taiwan
Taipei, May 21 (CNA) All parts of Taiwan are likely to see heavy rainfall Tuesday as a stationary weather front continues to affect the country, the Central Weather Bureau said. The bureau predicted that more than 130 millimeters of rain will fall in parts of northern, central, southern and northeastern Taiwan and the outlying Penghu Islands on Tuesday, and could reach up to 200 mm in ...
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Weak export orders unlikely to spur interest rate move bank
Taipei, May 21 (CNA) Taiwan's central bank will likely leave interest rates unchanged at its next quarterly policymaking meeting in June despite weak global demand for Taiwan-made ...
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Shares of Largan higher on earnings outlook but gains capped
Taipei, May 21 (CNA) Shares of Largan Precision Co. continued to move higher Tuesday amid ongoing speculation that the company has secured orders from non-Apple Inc. buyers, such as Samsung Electronics Co., dealers said. The stock has scored significant gains in recent sessions to approach the NT$1,000 ...
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Taiwan networkingcommunication device makers see decreasing profit-to-RD spending ratio
Seven main Taiwan-based networking/communication device makers saw the average ratio of pre-tax profit to R&D expenditure continually decline from 0.87 for 2010 to 0.45 for first-quarter 2013, their financial reports have ...
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Taiwan attracts January-April foreign direct investment of over US$1.5 billion
Taiwan's Ministry of Economic Affairs (MOEA) approved 960 foreign direct investment projects (except from China) totaling US$1.558 billion in January-April 2013. The number of projects increased 34.08% on year but the value decreased ...
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Taiwan April export order value slightly down on month year says MOEA
Taiwan received export orders worth US$35.69 billion in total in April 2013, decreasing by 0.4% on month and by 1.1% on year, according to statistics released by the Ministry of Economic Affairs (MOEA) on May ...
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Taiwan makers expected to benefit from Lenovo targeting smartphones in 2013
China-based Lenovo jumped into the world's 10 largest smartphone vendors for the first quarter and has set an ambitious goal of shipping 60 million smartphones in fiscal year 2013 (April 2013-March 2014), which is expected to benefit Lenovo's existing Taiwan-based ODMs and EMS providers Compal Communications, Foxconn International Holdings, Wistron NeWeb and Qisda, according to ...
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Digitimes Research Taiwan LCD driver IC shipments rise 22 in 1Q13
Shipments of LCD driver ICs by Taiwan-based IC design houses for the first quarter of 2013 grew 21.6% from a year ago to NT$20.18 billion (US$673.8 million) in value, according to Digitimes Research. Shipments for small-size panel applications, such as smartphones, continued to register strong ...
Taiwan Focus
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Taiwan investing in biotech sector
Taiwan’s economy has seen massive growth in the last few decades, but one industry has been in decline and a development project by the Academia Sinica is expected to reverse that decline, once environmental issues have been cleared up.
Taiwan is one of the Four Asian Tigers; this little island off the coast of mainland China has experienced rapid development in just a few decades and has become a major hub of manufacturing, high-tech industry, shipping and tourism. Read more
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