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  • TSMC names Mii and Chin as new co-COOs in leadership shuffle

    Taiwan Semiconductor Manufacturing Co. (TSMC) appoints Y.J. Mii and Y.P. Chin as executive vice presidents and co-chief operating officers, setting the stage for their potential succession. Mii and Chin, with decades of experience at TSMC, will report directly to CEO C.C. Wei, as part of a strategic reshuffle within the company’s leadership.
    2024/02/29 17:35
  • KMT, DPP split Legislative Yuan committee leadership

    The results of the Legislative Yuan’s standing committee convener election were announced, with both the Kuomintang (KMT) and the Democratic Progressive Party (DPP) securing one seat each in the eight committees. Huang Kuo-chang of the Taiwan People’s Party (TPP) expressed support for KMT’s convener candidates, while KMT’s Fu Kun-chi revealed TPP did not nominate any candidates. The committees cover Home Affairs, Foreign Affairs, Economic Affairs, Finance, Education, Transportation, Judiciary, and Sanitation.
    2024/02/29 12:04
  • Taiwan strengthens bonds with Tuvalu amid new leadership

    Deputy Minister Tien Chung-kwang to visit Tuvalu as Taiwan’s special envoy, showcasing support for the newly elected government led by Prime Minister Feleti Teo. Ambassador Andrew Lin conveys congratulations on behalf of Taiwan’s President Tsai Ing-wen, emphasizing the solid friendship and continued diplomatic relations between the two nations. Taiwan and Tuvalu, with a 45-year-old diplomatic relationship, share democratic values and aim to promote peace and development in the Indo-Pacific region.
    2024/02/26 17:52
  • Eric Chu focuses on party unity ahead of KMT elections

    KMT Chairman Eric Chu dismisses rumors of successors as attempts to sow discord within the party and speculations on his re-election. Fu Kun-chi and Lu Shiow-yen are rumored to have leadership ambitions. Chu emphasizes party effectiveness in the legislature and addressing citizen concerns.
    2024/02/26 16:44
  • US bipartisan delegation affirms strong support for Taiwan

    The U.S. House of Representatives Select Committee reaffirms bipartisan commitment to deepening U.S.-Taiwan relations, emphasizing support for Taiwan’s defense against potential Chinese Communist Party aggression. Chairman Mike Gallagher and Representative Raja Krishnamoorthi lead the delegation in advocating for sustained development of ties under the Taiwan Relations Act, expressing confidence in President Lai Ching-te’s leadership abilities.
    2024/02/22 17:05
  • Rep. Gallagher praises Tsai’s leadership in Taiwan visit

    The U.S. House of Representatives’ Select Committee on the Chinese Communist Party extends an invitation to President Tsai Ing-wen to visit the United States after her tenure. The committee, led by Chairman Mike Gallagher, commends Tsai’s leadership and vision, highlighting Taiwan’s strong ties with the U.S. and discussions on cross-strait issues. Tsai expresses gratitude for U.S. support in strengthening Taiwan’s self-defense capabilities and endorses Taiwan policy reports presented by the committee. The delegation, including members like Rep. Raja Krishnamoorthi, visits Taiwan for three days to meet with leaders and officials, fostering bilateral relations.
    2024/02/22 16:03
  • Legislative speaker salary revealed as Han takes office

    Kuomintang (KMT) legislator Han Kuo-yu has been elected as the speaker of Taiwan’s Legislative Yuan, with Johnny Chiang as his deputy. As speaker, Han is responsible for maintaining order in the legislative body and overseeing legislative matters. According to the "Act Governing the Discipline of Legislators," Han’s monthly salary is equivalent to that of central government department heads, amounting to NT$346,960, with an additional special remuneration of NT$79,100. Johnny Chiang, as deputy speaker, will earn a monthly salary of approximately NT$229,860. Legislators in Taiwan receive an average monthly salary of about NT$190,500, along with an annual bonus equivalent to 1.5 months’ salary. Han’s role grants him decisive power in the event of tied votes or disputes over legislation, giving him a significant role in shaping future policy.
    2024/02/02 13:57
  • Tsai Ing-wen welcomes new legislative leaders in Taiwan

    President Tsai Ing-wen congratulates Han Kuo-yu and Johnny Chiang on being elected as Speaker and Deputy Speaker of Taiwan’s Legislative Yuan. She expresses hope for constructive communication and rational oversight to advance laws and budgets beneficial to the people. The confirmation of Han and Chiang signals a change in Legislative leadership, as outgoing Speaker You Si-kun and Deputy Speaker Tsai Chi-chang step down. President Tsai expresses gratitude to You and Tsai Chi-chang for their service and emphasizes the importance of transcending party lines for the benefit of the nation and its people.
    2024/02/02 11:32
  • Legislative Yuan elects new leadership amid high stakes

    The 11th term legislators in Taiwan reported for duty and will elect the new Speaker and Vice Speaker of the Legislative Yuan. Notable incumbents include Han Kuo-yu, Wang Shih-chien, and Huang Kuo-chang. The KMT has put forth Han Kuo-yu and Johnny Chiang as candidates, while the DPP has nominated You Si-kun and Tsai Chi-chang. The TPP has unanimously elected Huang Shan-shan as its candidate. The KMT controls 54 seats, the DPP holds 51, and the TPP has eight. If no one secures a majority in the first round, a second round will be held. The speaker election will take place from 10:30 a.m. to 12 p.m., followed by the vice speaker election from 2:30 p.m. to 4 p.m. Results are expected by 5 p.m.
    2024/02/01 11:35
  • Experts warn of potential Taiwan Strait crisis in 2024: CSIS

    Experts from the U.S. and Taiwan predict a high likelihood of a Taiwan Strait crisis in 2024, emphasizing the new government and U.S. presidential election as crucial factors. Military capabilities and international relations play key roles in shaping the future of the region.
    2024/01/30 18:03
  • DPP candidate champions disability rights amid talk show row

    Human rights lawyer Chen Chun-han, a legislative-at-large candidate for the Democratic Progressive Party (DPP), responds to a controversy involving the online talk show "The Night Night Show with Hello." Chen appreciates the show’s apology for allowing mainland China media personality Wang Zhian to mimic disabled individuals, which was seen as a dig at the DPP and indirectly at Chen. Despite thinking the apology came late, Chen commends Hello and his production team for planning a special segment to discuss the issues faced by disabled and rare disease patients in Taiwan. Chen emphasizes that the core of the criticism lies in whether society can tolerate discrimination against the disabled and respect their right to political participation. He states that this is a human rights issue that transcends ideological and party lines. Chen also mentions that voters needn’t feel obligated to vote for the DPP in 2028, highlighting Taiwan’s democratic freedom and the importance of supporting any political party based on personal beliefs. However, he adds that if Hello and his team find the DPP under Lai Ching-te’s leadership satisfactory within the next four years and genuinely wish to support it, they would be welcomed.
    2024/01/30 17:51
  • Over half of Taiwan backs President-elect Lai Ching-te: TPOF

    A recent survey by the Taiwan Public Opinion Foundation reveals that 52% of respondents have confidence in President-elect Lai Ching-te’s leadership. The survey, conducted from Jan. 15-17, 2024, among adults aged 20 and above nationwide, shows that 21% have high confidence in Lai’s ability to lead, while 30.9% are somewhat confident. On the other hand, 19.5% are not very confident, 18.7% are not at all confident, and 7.3% held no opinion. The survey, which had a total valid sample of 1083 respondents, also found that 51.9% expressed confidence in Lai, while 38.2% reported having no confidence in him. The survey was funded by TPOF and had a margin of error of approximately 2.98 percentage points at a 95% confidence level.
    2024/01/30 14:23
  • Legislative Speaker You Si-kun seeks cross-party support

    The Democratic Progressive Party’s Speaker You Si-kun plans to meet with speaker and deputy speaker nominees from all political party caucuses in the legislature to seek advice and votes. The DPP nominated current Speaker You and Deputy Speaker Tsai Chi-chang for the positions in the next legislative term. The Kuomintang (KMT) has put forth Han Kuo-yu and Johnny Chiang as their candidates for Speaker and Deputy Speaker. Han and Chiang have already visited the Taiwan People’s Party (TPP) caucus. The TPP respects the decisions of the speaker and deputy speaker candidates who wish to conduct visits. The KMT will hold its caucus leadership election on Feb. 1, after which You and Tsai will personally visit the KMT caucus to seek their support.
    2024/01/29 16:03
  • 104 Job Bank ignites youth podcasting wave for career edge

    104 Job Bank in Taiwan has launched the "Youth General Knowledge Class" event, inviting high-school and university students to create their own podcast episodes to gain industry experience and earn extra income. The job bank’s marketing director, Chang Pao-ling, stated that there are currently 25,000 job opportunities in sectors such as art design and print media that primarily evaluate candidates based on portfolio work. This trend has grown by 44% in the past five years. The initiative aims to help job seekers showcase their curatorial abilities and increase their competitiveness. Job categories such as "Communication Art/Design" and "Print media" demand portfolios for 13.5% and 13% of their openings, respectively. Recently, job postings have started asking for portfolios from applicants in various positions, including 3D animation designers, video game programmers, and web front-end engineers. A survey conducted by 104 Job Bank revealed that 64% of businesses advised students to take part-time jobs to broaden their perspective, while 45.3% expected students to join clubs or teams to foster skills in interpersonal communication and leadership. The initiative by 104 Job Bank aims to create opportunities for students to showcase their curation skills, build a personal portfolio, and tap into the growing popularity of podcasts. For more information, visit: 104青春通識課 | Podcast, Instagram, Facebook | 傳送門 (portaly.cc).
    2024/01/17 17:11
  • KMT legislator concerned over U.S.-Taiwan-China relations

    Kuomintang candidate Wang Hung-wei raises concerns about the impact of Democratic Progressive Party candidate Lai Ching-te’s presidential victory on Taiwan Strait stability and U.S.-China relations, questioning the future of Taiwan under Lai’s leadership.
    2024/01/14 17:16
  • Taiwan’s new leaders brace for future challenges: Analysts

    The 2024 Taiwan elections, marked by a victory for the Democratic Progressive Party, have drawn global attention and sparked discussions on the island’s future relations with China and the United States. Experts analyze the implications of Lai Ching-te’s leadership and the reactions from Washington amidst rising regional tensions.
    2024/01/14 16:10
  • Lai Ching-te slams KMT’s outdated policies in 2024 debate

    In this story, Democratic Progressive Party (DPP) presidential nominee Lai Ching-te criticizes the outdated policy views of Kuomintang’s (KMT) presidential candidate, Hou Yu-ih, during a presidential debate. Lai emphasizes the need for abandoning outdated policies and upgrading past efforts to comprehend and master the rapidly changing world. He outlines his policy principles, including boosting national projects, enhancing defense, economic and democratic ties, and maintaining dignified, equal cooperation with China. Lai believes that the 2024 presidential election will determine whether Taiwan aligns with democracies or authoritarian entities, and he highlights that voting for him and his running mate Hsiao Bi-khim is the only option to continue collaborating with democratic allies.
    2023/12/30 19:17
  • Hou Yu-ih highlights public childcare achievements

    Kuomintang (KMT) presidential candidate Hou Yu-ih highlights his achievements in public childcare in New Taipei City, having established 121 facilities, surpassing other major cities in Taiwan combined. Hou criticizes his Democratic Progressive Party (DPP) opponent, Lai Ching-te, for lacking concrete efforts in providing care for children up to the age of 22. Hou also questions Lai’s commitment to waiving high-school fees and granting university subsidies, suggesting irresponsibility towards young people. Additionally, Hou points out Lai’s failure to plan social housing during his tenure as mayor of Tainan, while New Taipei City completed 11,000 units under his leadership.
    2023/12/26 19:51
  • TPP’s Ko calls for change in leadership

    Taipei mayoral candidate Ko Wen-je criticizes the lack of long-term vision and planning in economic policy by the Democratic Progressive Party (DPP) and Kuomintang (KMT). Despite a 120% increase in Taiwan’s GDP since 2000, real wages have only increased by 4% and the country ranks sixth in total working hours globally. Ko believes that low wages and poor living conditions are not the fault of Taiwanese people but rather the result of the government’s lack of global strategic planning. He questions what keyword might define 2024 if the DPP and KMT continue to be in power, and asserts that a change in leadership is needed. Ko suggests that he should be elected president in 2024 to address these ongoing issues, emphasizing the absence of comprehensive strategic planning as the underlying reason behind the problems.
    2023/12/26 18:18
  • Premier Chen defends mining area management amid criticism

    Premier Chen Chien-jen responds to criticism from Kuomintang presidential candidate Hou Yu-ih regarding the government’s handling of mining area management. Chen refutes claims that the Executive Yuan ignored mining rights ownership issues. A disagreement between municipal authorities and the campaign headquarters of DPP presidential candidate Lai Ching-te over illegal construction in Wanli mining district has emerged. Chen clarifies that Lai has addressed the issue and plans to convert the structure into a charitable trust. The premier emphasizes that there have been extensive written exchanges between the city government and central leadership, including the Ministry of Economic Affairs. Chen expresses concern about recent alarm among mine area residents and calls on both Hou and the New Taipei City Government to defend the rights and interests of miners.
    2023/12/26 11:45
  • Smartphone market set for growth in 2024 with AI

    The smartphone market is set to rebound in 2024, according to Rick Tsai, chairman of MediaTek Inc., a global chip leader. Tsai attributes this growth to the increasing popularity of AI applications, which is driving the replacement of mobile phones and PCs and creating a higher demand for devices. Under Tsai’s leadership, MediaTek has released advanced products such as the Tianji 9300, a flagship 5G chip that supports generative AI applications. Qualcomm, another major chip company, is also capitalizing on the AI trend with its latest 5G handset chip, Snapdragon 8 Gen 3, which offers AI support for enhanced user experiences. Both companies anticipate a surge in AI smartphone upgrades due to improved computing power and a wider range of applications.
    2023/12/23 11:21
  • Hsiao Bi-khim stresses strength for Taiwan’s status quo

    DPP vice-presidential candidate Hsiao Bi-khim emphasized the importance of strength in maintaining Taiwan’s status quo and preventing bullying. She highlighted the current state and prospects of U.S.-Taiwan relations, noting that U.S. policy has consistently supported maintaining the status quo and opposing the use of force. Hsiao mentioned that under Xi Jinping’s leadership, the U.S. has shifted to view China competitively but does not seek a new Cold War. She emphasized critical issues of peace, security, and economic cooperation in Taiwan-U.S. ties, including the U.S.-Taiwan Initiative on 21st-Century Trade. Hsiao underscored Taiwan’s determination to defend itself, citing the national defense budget and military modernization reforms. She referred to herself as a "cat warrior" and advocated for government reform and a balanced international stance. Hsiao urged that Taiwan not become a divisive issue between American political parties and emphasized the need for a proper balance amidst U.S.-China competition to ensure Taiwan’s safe and steady progression.
    2023/12/20 21:21
  • Kaohsiung first in Taiwan to issue NT$2B green bonds

    Kaohsiung City Government’s Finance Bureau has become the first in Taiwan to be granted the qualification to issue green bonds, with a total amount of NT$2 billion. This move is expected to save on interest payments and enact sustainable environmental practices without increasing the city’s debt. The green bonds will fund green investment projects, encompassing renewable energy development, enhanced energy efficiency, and reduction of greenhouse gas emissions. These bonds, totaling NT$2 billion, will utilize their low, fixed interest rates to replace existing higher-interest bank loans, ensuring resources are invested in low-carbon construction. Under Mayor Chen Chi-mai’s leadership, the city has reduced its debt by NT$10.6 billion by the end of 2022, surpassing the goal of a NT$10 billion reduction. Kaohsiung aims to continue strengthening its financial and environmental sustainability and implement comprehensive net-zero policies as it works toward a 2050 net-zero goal.
    2023/12/20 19:38
  • C.C. Wei to maintain course after Liu’s 2024 exit: analyst

    TSMC chairman Mark Liu’s upcoming retirement in 2024 has led investment experts to suggest that the semiconductor giant should slow down the progress of its new manufacturing facility in the United States. Industry analyst Jonah Cheng believes that TSMC’s policy direction will remain unchanged under the leadership of chief executive C.C. Wei, who is expected to succeed Liu as chairman. Cheng also proposes maintaining a dual leadership structure to cultivate successors from various backgrounds. Speculation suggests that Liu’s retirement may be linked to potential investment challenges in the company’s U.S. expansion. In response to these challenges, Cheng recommends a deceleration in the construction of TSMC’s second U.S. plant. He also highlights the need to assess the current downturn in the car market and economic outlook before proceeding with the German plant focused on automotive applications. Cheng suggests that the Japanese facility could be an optimal choice due to labor and power shortages in Taiwan, as well as cultural similarities and strong government support from Japan. TSMC’s primary obstacle, according to Cheng, is maintaining its leadership position in the semiconductor industry, especially after surpassing Intel. Additionally, the cyclical nature of the industry and the potential opportunities presented by the rise of artificial intelligence (AI) applications pose further challenges for the company.
    2023/12/20 18:45
  • President thanks legislators for 2024 budget approval

    President Tsai Ing-wen expresses gratitude to lawmakers for passing the central government’s record-high budget for 2024, highlighting achievements in salary increases, tax cuts, and welfare improvements. The budget prioritizes social welfare, with a significant increase in long-term care funding. Education, science, and culture spending also receive attention, including a plan to reduce private university tuition fees. The national defense budget reaches a historic high, and efforts towards achieving ’net-zero emissions by 2050’ are emphasized. The administration has successfully reduced debt and improved fiscal discipline, with the debt repayment next year reaching a 23-year high. Taiwan’s overall economic scale has grown under President Tsai’s leadership, with GDP expected to exceed NT$23 trillion this year.
    2023/12/20 15:47
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