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NDC: Taiwan’s population to drop by 8.44 million by 2070
Taiwan’s population is projected to drop from 23.4 million in 2024 to 14.97 million by 2070, according to the National Development Council. The report highlights the shift to a "super-aged society" by 2025, with over 20% of the population aged 65 and above. This demographic change poses economic challenges but also opportunities for industrial transformation.2024/10/17 22:00 -
Taiwan’s economic shows stability: NDC
Stay updated on Taiwan’s economic progress as the National Development Council reports a stable outlook for January 2024. Economic indicators show positive trends in production, investment, sales, and finance, signaling continued recovery. Follow the transition from recession to a transitional economy in key sectors, reflecting a promising shift in Taiwan’s economic landscape.2024/03/04 18:06 -
Taiwan probes LY Corp. over 440K users’ data leak
Taiwan’s Minister of Digital Affairs, Audrey Tang, has announced that the cyber security breach at LY Corporation, the parent company of popular messaging app LINE, is currently under investigation by the National Development Council (NDC). The breach potentially exposed the personal data of approximately 440,000 users, including information from 100 Taiwanese accounts. The incident, which follows a hack on South Korean IT giant Naver, a major shareholder in LY Corporation, has prompted the ongoing investigation in Taiwan. The leaked data primarily includes names, affiliated institutions, and email addresses of LY Corporation’s employees and business partners, as well as potentially leaked ages, genders, and purchase histories for stickers. However, no users’ messages, bank account numbers, or credit card information were compromised. Taiwan’s Digital Ministry has requested relevant entities to provide information and report the breach in accordance with the law. The affected user data includes hashed mobile phone numbers, email addresses, and LINE account details. Whether sanctions will be imposed under Taiwan’s new Personal Data Protection Act will depend on the outcome of the NDC’s investigation. Minister Tang assured the public that messages sent between LINE users are end-to-end encrypted and the server does not store message content, indicating that no message content was compromised in this breach. She emphasized the importance of having servers located in Taiwan for apps like LINE, particularly for maintaining communications during disasters. Discussions are underway with various international messaging providers, including LINE and the Signal Foundation, regarding the potential establishment of servers in Taiwan.2023/11/29 16:09