TAIPEI (TVBS News) — Taiwan finds itself at a crossroads of challenges and opportunities on Monday (Jan. 20) as it braces for colder temperatures and festive celebrations. A sweeping cold wave disrupts daily life while a surge in scams keeps citizens on alert. Meanwhile, Taiwan's transportation and financial sectors are adapting and innovating rapidly. Here are the five news stories you need to know tonight:
Cold Snap Grips Taiwan
Forecasts indicate a brief respite before another cold wave hits, coinciding with the Lunar New Year celebrations. Weather expert Wu Te-jung (吳德榮) predicts that temperatures will plummet further, potentially reaching "cold wave" levels, with the possibility of snowfall in high mountain areas. The public is advised to monitor weather updates closely as conditions evolve.
Taiwan Delegation Faces Inauguration Challenges
Taiwan's Legislative Speaker Han Kuo-yu (韓國瑜) and his delegation arrived in Washington, D.C., amid severe weather, complicating their plans to attend the U.S. inauguration. The change of venue due to cold conditions has left them without seats at the Capitol Rotunda ceremony. Despite this, Han conveyed Taiwan's congratulations to the new administration and underscored the strong ties between the two nations.
The Taipei Economic and Cultural Representative Office (TECRO, 駐美代表處) is working to find alternative ways for the delegation to participate meaningfully. Han plans to deliver Taiwan's best wishes to the U.S. president, with ongoing efforts to engage with the inauguration festivities despite logistical challenges.
Record Ridership for Taiwan High Speed Rail
Taiwan High Speed Rail Corp (THSRC, 高鐵) set a new record in 2024, with 78.25 million passengers, highlighting its crucial role as a north-south transport link. To manage growing demand, THSRC plans to introduce off-peak discounts, aiming to boost weekday ridership, which currently lags behind weekend figures. The company looks forward to further growth in revenue and profit.
As the Lunar New Year approaches, THSRC is coordinating with Taiwan Railway (台鐵) and highway bus services to ensure seamless travel during the peak period. The company is also preparing for the future with plans to introduce new-generation trains by 2026, marking a significant step in enhancing Taiwan's transportation infrastructure.
Surge in Scams Ahead of Lunar New Year
Authorities in Taiwan have reported a surge in scams as the Lunar New Year approaches, with 3,498 fraud cases and losses exceeding NT$2.45 billion recorded from Jan. 12-18. Fake investment and online shopping scams are among the most prevalent, causing significant financial damage. The National Police Agency (警政署) urges the public to exercise caution and avoid falling prey to fraudulent schemes.
The increase in scams highlights the importance of vigilance and awareness during festive seasons. Authorities advise the public to invest through legal channels, avoid suspicious apps, and refrain from sharing personal banking information. Staying informed and reporting suspicious activities are crucial steps in preventing further losses.
New Currency Exchange Service Launched
Despite the push for digital red envelopes, demand for new bills remains high. Bank of Taiwan Chairman Joanne Ling (凌忠嫄) confirmed that the bank is prepared for the surge, having exchanged NT$54.7 billion worth of bills last year. The Central Bank has provided resources to help citizens locate exchange points, ensuring a smooth process during this busy period.
