Latest Taiwan News
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Hannstar shares surge by 6.82
TAIPEI -- Shares of Taiwan-based flat panel supplier Hannstar Display Corp. bucked the downtrend and closed up 6.82 percent Thursday after investors were allowed to engage in credit trading such as margin trades and short sales of the stock starting from that day, due to its higher book value, dealers ...
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Taiwan forms cloud computing initiative to join Facebook project
TAIPEI, Taiwan -- In an effort to participate in Facebook's Open Computing Project (OCP), Taiwan's academia and enterprises yesterday joined forces, announcing plans to establish a certification center and standards to govern hardware specifications ...
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TAIEX dives on US Fed concerns China data
Selling, in particular, accelerated after HSBC Holdings and Markit Economics reported a worse-than-expected Chinese Purchasing Manager's Index (PMI) for May, which made concerns over the regional economy run deeper, the dealers said. Large-cap stocks such as Taiwan Semiconductor Manufacturing Co. (TSMC), the most weighted stock in the local bourse, faced heavy profit-taking pressure after ...
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Finance body chief urges calm after market drops
TAIPEI -- Chen Yuh-chang, chairman of the Financial Supervisory Commission (FSC), urged investors Thursday to stay calm after the local market took a dive, sending the index below 8,300 points at the end of the trading ...
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Taiwan lowers annual growth expectations
Taiwan lowered its expectations for 2013 economic growth on Friday, citing a weaker global economic outlook and slower consumer spending. However, it revised its first quarter growth figure higher to 1.67 percent year-on-year. The figure improved slightly from the 1.54 percent it reported in April, said the Directorate General of Budget, Accounting and Statistics. The trade-reliant economy ...
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Ministry seeking to stimulate economy
Taipei, May 24 (CNA) Faced with a dwindling economic growth rate in Taiwan that has worried many parties concerned, the Ministry of Economic Affairs (MOEA) said Friday that it will put forth stimulus measures to prop up the domestic economy. The announcement came as the Directorate General of Budget, Accounting and Statistics (DGBAS) revealed earlier Friday that Taiwan's economy grew by a ...
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No problems found following inspection of B747 cargo planes CAA
China Airlines (CAL) cargo plane in the United States on Sunday, the Civil Aviation Administration (CAA) ordered a full inspection of the same type of plane, but has found no similar problem, officials said Friday. The CAL Boeing 747 cargo plane was flying to Atlanta from Anchorage, Alaska Sunday when a piece of its right wing tore off as the plane approached Hartsfield-Jackson Atlanta ...
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Talk of the Day -- Volunteers for Spratlys hard to find
China Sea and will uphold the policy of having the Coast Guard Administration (CGA) protect the country's claims to the islet. The CGA, however, has had a hard time finding volunteer soldiers and officers for service in the Taiping Island, the largest islet in the Spratly island chain in the ...
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Lee Chia-chin to head Association of East Asian Relations
Taipei, May 24 (CNA) Taiwan's Lee Chia-chin will serve as the chairman of the Association of East Asian Relations, which handles the interests of the Republic ...
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Taiwan Indonesia to work closer to fight human trafficking
Taipei, May 24 (CNA) Taiwan and Indonesia have agreed to strengthen cooperation in fighting human trafficking at a recent meeting in the Southeast Asian country. Under a joint statement signed at the first meeting of top immigration officials from the two countries, Indonesian immigration personnel will escort Indonesian victims of human trafficking sent back by Taiwan on their way home, to ...
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China-based Taiwan exporters hit hard by rising yuan
Taipei, May 24 (CNA) The Chinese currency, or yuan, has risen 20 percent against the U.S. dollar since 2005, causing a serious impact on Chinese exporters, including export-reliant Taiwanese businesses operating ...
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Number of Chinese visitors to Taiwan down by 26 percent in May
Taipei, May 24 (CNA) Taiwan's Tourism Bureau said Friday that the number of Chinese visitors to Taiwan between May 1-23 dropped by 25.6 percent from last year as a newly launched tour promotion program has failed to attract more mainland visitors. The "quality tour groups" launched in May has received no applicants so far, and its daily group quota of 3,650 was given to visitors ...
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Philippine reporters visit dead fishermans family
Taipei, May 24 (CNA) The family of a Taiwanese fisherman who was shot dead May 9 by officers on a Philippine government vessel in waters where the two countries' exclusive economic zones overlap on Friday asked ...
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Grassroots effort needed to make Taiwan more creative expert
Taipei, May 24 (CNA) Taiwan's government should work more closely with civic groups to inject energy into building a creative society because it will promote innovation and make the country attractive to talent, a British cultural expert said Friday. A creative society needs to be nourished through public participation rather than the implementation of top-down cultural polices, said ...
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Manila agrees to give Taiwanese investigators access to key video
Philippines ' video recording of an attack by a Philippine patrol vessel on a Taiwanese fishing vessel earlier this month, a Philippine official said Friday. Philippine Secretary of Justice Leila De Lima has agreed to allow Taiwanese investigators to see the video on the last day of their upcoming visit to ...
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Fined Taiwanese captain laments trespassing incident
Japan ese authorities since the two countries signed the agreement on fishing rights near the disputed Diaoyutai Islands on April 10. Su admitted to trespassing and was fined 4.3 ...
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Taiwan needs to upgrade modernize service sector official
Taipei, May 24 (CNA) Taiwan needs to upgrade its "modern service sector" and make it a more important part of its economy because the sector is not as strong as it appears to be, the country's top economic planner said Friday. Kuan Chung-ming, head of the Council for Economic Planning and Development, also urged Taiwan's service industry to find suitable niches that will ...
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Famed author donates meals after rumor of Filipino humiliation
Taipei, May 24 (CNA) Popular Taiwanese author Giddens Ko on Friday fulfilled his pledge to donate 700 boxed meals to the needy after it was reported that a Filipino had been denied service at a Taipei cafeteria, although it was later proved to be just a rumor. Ko has paid for 700 boxed meals at a cafeteria in Jhonghe District, New Taipei, at a price of NT$80 ...
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Taiwans Blockbuster Documentary to Screen in Washington DC
WASHINGTON, May 24, 2013 /PRNewswire-USNewswire/ -- D.C. Asian Pacific American Film, in collaboration with the Taipei Economic and Cultural Representative's Office (TECRO), is proud to present Taiwan's highest-grossing documentary, Go Grandriders, at Landmark's E Street Cinema (555 11th St. NW) on Wednesday, May 29, at 7 p.m. This is a FREE screening that you don't want to ...
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Taiwan cuts growth forecast on muted export demand
Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained ...
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Taiwans C.K. Wu confirms hes running for president of IOC
Wally Santana/AP TAIPEI, Taiwan (AP) -- C.K. Wu confirmed Thursday he is running for president of the International Olympic Committee, becoming the fourth candidate and the second from Asia bidding to replace Jacques Rogge. Wu, a 66-year-old architect from Taiwan who has been International Amateur Boxing Association president since 2006, said he is declaring his candidacy to ...
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Cultivating more sports professionals should start from the campus
Query from Taiwan News on April 18:Attention: Ministry of Education (MOE)Has your authority contemplated any new initiatives to find a better balance between academic subjects (highly dominant so far) and PE lessons for school students in Taiwan, a move which might help cultivate more sports professionals?As of May 24, MOE has not responded to the press ...
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Official policy has lagged behind public opinion in exploring renewable energy development in Taiwan
Query from Taiwan News on April 18:Attention: Bureau of Energy (BOE)Has the government's policy on renewable energy development in Taiwan proven to be effective so far, particularly in the field of encouraging private investment in the sector?As of May 24, BOE has not responded to the press ...
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Taiwan 2013 GDP growth will fail to reach 3 percent
TAIPEI (Taiwan News) - Taiwan's Gross Domestic Product will fail to reach its 3-percent growth target for the year and only amount to 2.4 percent, the government forecast Friday. The new figure, announced by the Cabinet-level Directorate-General of Budget, Accounting and Statistics, was a major disappointment as the previous government estimate stood at 3.59 percent. Doubts about the ...
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Taiwan DPP Congress to tackle China and ex-President Chen
China Affairs Committee earlier in the month, various party leaders have offered suggestions of how it should conduct relations with Taiwan's communist rival. Lawmakers were expected to submit separate suggestions for policy debates and for a resolution putting human rights at the center of the relationship. Committee spokesman Cheng Wen-tsang said the party was already planning to hold a ...
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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