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The U.S. CHIPS and Science Act seeks to boost domestic semiconductor manufacturing. John Neuffer, CEO of the Semiconductor Industry Association, is optimistic about the act, highlighting early private sector commitments and the critical need to rebalance global chip manufacturing.

The Taipei City Police Department is close to a breakthrough in the Polam Kopitiam food poisoning case, with officials stating no poison was found in samples, and only a Vietnamese chef’s hands tested positive for Bongkrek acid. The case remains under investigation, with all possible leads being explored.

A food safety scandal at Polam Kopitiam in Taipei’s Xinyi district leads to the arrest of a substitute chef surnamed Hu. The incident involves violations of food safety laws and involuntary manslaughter, with the deceased testing positive for bongkrekic acid. The founder and representative of the restaurant attend a meeting with Taipei’s Department of Legal Affairs, urging customers who dined between March 17 and 25 to monitor their health.

Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.

Goldman Sachs predicts that Taiwan Semiconductor Manufacturing Company (TSMC) will double its CoWoS production capacity by 2025, leading to a raised target price of NT$975. The forecast includes plans for advanced CoWoS packaging plants in Chiayi and potential expansion to Japan. Customer demand for advanced packaging, especially CoWoS, is expected to rise with the adoption of 2-nanometer process technology. Goldman Sachs also revised TSMC’s capital expenditure forecast and profit outlook for major AI companies, reflecting a positive growth trend in the industry.

Taiwan’s currency faces depreciation as the Federal Reserve’s interest rate hikes continue. Experts weigh in on potential impacts on exports and inflation, with anticipation for future Fed decisions. Stay updated on Taiwan’s economic landscape.

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.

Taipei’s FDA suspends chili powder imports from 21 Chinese suppliers for three months due to health concerns. The powder tested positive for Sudan III, a banned substance, prompting a recall of contaminated products. Sudan III is classified as a possibly carcinogenic substance by the WHO. The FDA warns that adding Sudan III to food violates food safety laws and could lead to severe penalties.

Taiwan reports its first domestic measles case of 2024, with a man in his 30s testing positive in the Northern part of the country. The Centers for Disease Control are investigating possible sources of infection and monitoring 199 individuals who had contact with the patient. Vaccination is urged, especially for infants older than one year.

Formosa Plastics Corporation will invest NT＄318.03 million into Formosa Heavy Industries to expand its business operations. The corporation plans to spend NT＄59.58 million on two designation projects and two initiatives to upgrade manufacturing processes. The decision is a response to the impact of China’s ＂Refining-chemical integration＂ endeavor, which has caused a dip in demand for petrochemicals and plastics. By enhancing equipment, Formosa Plastics aims to increase carbon fiber and PVC production capabilities, anticipating a positive market boost. Despite reduced shipping days during the Lunar New Year, the company projects a seasonally high-demand period post-Lunar New Year. With lower inflation in Western countries and growing consumer confidence, the market is expected to warm up.

Taiwan’s FDA confirms detection of Cimbuterol in pork sample from Taichung, with trace levels at 0.001ppm. Public urged not to worry as only one package tested positive and levels are very low. Further test results to be released after the holiday.

Taipei’s Deputy Minister of Health and Welfare questions Taichung City’s decision to publicly announce the presence of Cimbuterol in local pork produce, insisting on a thorough investigation before disclosure. Taichung City’s Office of Food and Drug Safety found the banned substance in frozen pork slices produced by TaiSugar. The city health bureau defended the immediate announcement, citing the need to protect consumers and citizens’ health interests. The Executive Yuan expressed doubts about the test results, citing unusually low levels of Cimbuterol detected and suggesting further investigations. Taichung City’s Office of Food and Drug Safety informed Pingtung County’s Public Health Bureau and Tainan’s Public Health Bureau for further investigation. Organizations like the Executive Yuan’s Consumer Protection Committee and the Consumers’ Foundation tend to directly announce results when adulterated products are found, justifying Taichung’s disclosure. The office conducted three tests using two methodologies, with one result exceeding the quantitative limit. Only TaiSugar’s product tested positive for Cimbuterol. TaiSugar has called for a re-examination of the test results and sent the sample to the Ministry of Health and Welfare’s Food and Drug Administration for reinspection.

Yoko Abe, the mother of the late former Prime Minister of Japan, Shinzo Abe, has passed away. Taiwanese President Tsai Ing-wen and Vice President Lai Ching-te expressed their condolences, highlighting Yoko Abe’s friendly relations with Taiwan and her contributions to Taiwan-Japan relations. President Tsai fondly recalled a shared moment during Yoko Abe’s visit to Taiwan in 2016, while Vice President Lai expressed shock at her demise and prayed for strength for the grieving Abe family. Yoko Abe’s approachable demeanor and efforts in fostering Taiwan-Japan relations earned her high regard in Taiwan, and her passing has been met with mourning sentiments.

Vice president-elect Hsiao Bi-khim attended a Thanksgiving tea party in Miaoli County, acknowledging the need for progress in cities and counties. She expressed gratitude for the local supporters who remained steadfast with her party, the Democratic Progressive Party (DPP), despite challenges in Miaoli and Hualien. Hsiao emphasized the importance of adjusting communication strategies and ensuring equitable resource allocation in Taiwan. During a visit to a temple in Miaoli County, Hsiao discovered she had tested positive for Covid-19 and took precautions to prevent transmission. As a result, all her subsequent activities were canceled.

DPP Vice President-elect Hsiao Bi-khim has tested positive for COVID-19 for the second time. She underwent rapid testing in Miaoli due to congestion symptoms, which confirmed her infection. Despite her diagnosis, Hsiao diligently followed the Ministry of Health and Welfare’s guidelines, wearing a double mask and avoiding contact with others. She completed two events in Miaoli under these conditions but had to cancel subsequent activities to protect the public. Hsiao expressed regret to her supporters for not being able to interact with them and informed President-elect Lai Ching-te about her diagnosis.

Taiwan’s Ministry of Health and Welfare (MOHW) has successfully implemented a mental health support program for young people, serving 17,000 individuals by the end of 2023. The program offers three free counseling sessions for individuals aged 15 to 30, with 33% of users assessed as high-risk and referred for medical treatment. The majority of users are between the ages of 24 and 30, comprising 66% of the total users. The program has received positive feedback, with a satisfaction rate of 96% and 95% of participants finding the counseling services beneficial. The initiative has utilized approximately 50% of its budget and will continue to provide counseling even after its completion. Currently, 406 partner institutions nationwide contribute mental health services to the program. MOHW aims to combat the stigma surrounding mental health counseling and encourages young people to actively seek help. The ministry plans to further accumulate psychological medical resources to serve the needs of young people. The program was launched on August 1, 2022, through collaboration between seven leading professional medical and psychological associations.

In 2023, Taiwan’s concert scene witnessed a multitude of chart-topping performances, captivating fans with spectacles from renowned artists. The KeyPo big-data engine used by DailyView analyzed online discussions to rank the top 10 concerts of the year. At number 10, rock band Power Station, featuring guests JJ Lin and Accusefive, received positive reviews for their world tour concert ＂Because of Love.＂ Accusefive, the ninth most discussed band, also garnered favorable reviews for their world tour concerts in Taiwan. Veteran singer Rainie Yang, ranked eighth, touched the hearts of concertgoers at the Taipei Arena. Hebe Tien, in seventh place, returned to the Taipei Arena after three years, inviting guest artists Waa Wei, Deserts Chang, and actor Greg Hsu. Hong Kong superstar Eason Chan, placed at number six, conveyed deep philosophical messages in his concert ＂Fear and Dreams.＂ Korean soloist Taeyeon, at number five, held a solo concert at the Taipei Arena, performing 24 songs consecutively. Taiwanese star A-Mei, in fourth place, performed in Kaohsiung for 10 consecutive days, earning applause from dedicated fans. British band Coldplay secured third place for their eco-friendly concert in Kaohsiung. Taiwanese band Mayday celebrated their 25th anniversary with surprises and engagement with fans, landing them in second place. However, the top concert of 2023 in Taiwan belonged to K-pop girl group BLACKPINK, whose ＂Born Pink＂ tour tickets sold out instantly in Kaohsiung, attracting nearly 90,000 fans. The analysis collected data from various digital platforms from Jan. 1 to Dec. 31, 2023, including Facebook, YouTube, news media, discussion boards, and blogs.

Premier Chen Chien-jen discusses the pricing process and confidentiality agreements surrounding Medigen vaccines, stating that negotiations with the Centers for Disease Control (CDC) are ongoing. As a publicly listed company, any decisions about publicizing the government contract require shareholders’ approval. Chen emphasizes the government’s belief in vaccination as the best measure against the pandemic. Medigen had positive results from phase one trials and clinical experiments, leading to phase two development. The World Health Organization (WHO) conducted unity trials with four other countries after being unable to proceed with phase three trials due to Taiwan’s low COVID-19 case statistics. Chen disputes rumors about a 30-year embargo on clinical results, calling it fake news and clarifying that all official documents have a preservation period. He also refutes accusations that over a thousand Medigen shareholders are members of the Democratic Progressive Party (DPP), calling them ＂imaginary numerical figures.＂ Chen hopes to disclose the information as soon as possible to maintain public trust, but it can only happen after negotiations and respecting existing confidentiality agreements.

The San Francisco overseas Chinese community hosted a New Year flag-raising ceremony, with Fremont Mayor Lily Mei encouraging the next generation to run for office and speak out for Asians. Mei also urged the community to vote robustly in the upcoming T U.S.-Taiwan relations and reminded them not to underestimate individual power. Director-General Scott Lai of the Taipei Economic and Cultural Office in San Francisco reviewed Taiwan’s accomplishments last year, highlighting its rise in various indices, ranking second in freedom in Asia and sixth in global competitiveness. Lai also noted the meeting between Morris Chang, founder of Taiwan Semiconductor Manufacturing Company (TSMC), and key U.S. officials at the 2023 Asia Pacific Economic Cooperation (APEC) summit, praising it as a symbol of U.S. executive branch support for Taiwan. However, Lai acknowledged challenges lie ahead for Taiwan, particularly in its tourism, sightseeing, and restaurant industries’ recovery, as well as social issues such as declining birthrates and wealth disparity. Lai assured that the government would take a more proactive and responsible stance to make positive changes felt by the public.

Taiwan’s Ministry of Foreign Affairs (MOFA) has expressed concern over comments made by Ko Wen-je, Taiwan People’s Party presidential candidate, stating that they could potentially harm Taiwan’s diplomatic relationships and lead to misunderstandings. MOFA spokesperson Liu Yung-chien emphasized that there is no conflict between solidifying relations with allied countries and developing substantial relationships with non-allied nations. The foreign ministry’s approach is to contribute to both areas simultaneously, without prioritizing based on alliance status. Liu highlighted the vital support received from allies over the years, which has helped Taiwan participate in international organizations and advance its causes. He expressed gratitude for the moral courage and vocal support shown by these allies, and stated that any possible misunderstanding sparked by Ko’s remarks is not something the people of Taiwan wish to see. In a podcast interview, Ko remarked that the number of diplomatic allies had been misperceived, suggesting that Taiwan would still fare well even if the number went down to zero. Ko emphasized the importance of substantial relationships, citing Taiwan’s positive relationships with Japan and the U.S., despite the absence of formal diplomatic ties.

Russian woman Lana Korotkova lost her wallet at a Christmas party in Taichung but was able to retrieve it within ten minutes with the help of local police. The wallet contained important documents, including her residency permit. Authorities located the missing items through surveillance footage and found the taxi cab where she had left them. The quick response from the police is part of their commitment to providing excellent service to all citizens, regardless of nationality, and aims to create a positive impression on foreign visitors and foster good diplomatic ties.

LE SSERAFIM, a South Korean girl group, will be the special guest at the 2024 Red White Superstar Concert in Taipei, Taiwan. This will be their first performance in Taiwan as a group. Leader Kim Chae-won expressed honor at the invitation and promised a spectacular stage performance. Member Kazuha also shared a warm message to fans, expressing excitement to meet FEARNOT from different regions and hoping to transmit positive energy through their performance. The group members, Sakura and Kazuha, also expressed anticipation for Taiwanese cuisine, with Sakura loving bubble milk tea and Kazuha eager to try the famous mango ice. The concert will be broadcast on Taiwan Television and MyVideo on Lunar New Year’s Eve, and audiences can participate in a ticket lottery for a chance of admission by downloading the TTV app.

The Ministry of Labor reported a significant increase in the number of furloughed workers, with the manufacturing industry being the most affected. The labor ministry also predicted a high demand for labor in the accommodation and food services industry and the wholesale and retail trade sector. The global labor shortage crisis has led to businesses implementing solutions such as cross-training to boost productivity. The Regent Taipei successfully reduced its labor shortage rate through cross-training and creating a positive work environment. Fair wages and a positive work environment are believed to be key factors in employee retention.

Foreign investors are showing renewed interest in Asian stocks, particularly in Taiwan, according to a report released on December 25. In the week of December 18 to 22, foreign funds flowed back into Asian stocks, with the Taiwan Stock Exchange attracting NT＄643 million. South Korea also saw an influx of NT＄602 million. South Korean stocks performed the best, increasing by 1.4%, followed closely by Thailand with a 1.01% increase. Indonesia, the Philippines, and Vietnam also experienced positive growth. However, Taiwan’s stocks unexpectedly fell by 0.44%, despite being favored by foreign investors. India’s stock market also dropped by 0.53% for the week. In terms of overall performance in 2023, Taiwan’s stocks related to the AI supply chain surged 24.47%, surpassing the gains made by India (16.87%) and South Korea (16.24%). Looking ahead, PGIM noted that Taiwan’s industry has already hit bottom, with November’s export orders totaling US＄50.63 billion, driven by emerging technologies such as high-performance computing and artificial intelligence.

A technological university in Taichung has partnered with a biotech company to create plant-based food, such as vegetarian drumsticks and popcorn chicken, using mycoprotein and 3D printing technology. The product has garnered positive feedback for its realistic taste and texture. Plant-based food products are gaining popularity due to increasing environmental awareness, presenting a new opportunity in the vegetarian market. The university highlights the health and environmental benefits of consuming mycoprotein, which promotes gut health and reduces greenhouse gas emissions. Replicating the taste and texture of real chicken meat was a challenging process that involved converting mycelium into strands of ’meat,’ but was successfully achieved through extensive research and the use of 3D digital technology.