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  • Taipei mayor eyes more seats for Asian Baseball finale

    Taipei City Mayor Chiang Wan-an aims to negotiate with the Farglory Group to allow 20,000 spectators to attend the championship match of the 2023 Asian Baseball Championship. The inaugural match at the Taipei Dome saw tickets being quickly sold out, indicating high enthusiasm for the sport. Approximately 17,000 fans attended the first match, showcasing their energy and support. Mayor Chiang emphasized the need to open more seats for the championship match, expressing his belief in meeting the public’s demand and expectations. The possibility of expanding the Dome’s capacity to 40,000 seats for scheduled exchange games with the Yomiuri Giants is being considered, with the city government willing to provide assistance and aiming to conduct a full-capacity test within the year.
    2023/12/04 17:28
  • Taipei launches Christmas festivities in Xinyi District

    Experience the festive spirit at the "2023 Taipei Xmas" event in Xinyi District! With a record-breaking 55 large-scale Christmas decorations and 12 pedestrian overpass illuminations, this year’s event is bigger than ever. The Taipei City Office of Commerce has collaborated with 15 major department store operators to create a dazzling display of over 80 Christmas decorations. Taipei Mayor Chiang Wan-an hopes that this event will become an iconic celebration in the future. Don’t miss the novel pop-up Christmas event, held every Friday through Sunday, and be sure to snap a photo with the stunning golden Christmas tree that has become a popular backdrop for photos and social media check-ins.
    2023/12/02 18:32
  • PFP Soong blames power struggle for Blue-White split

    James Soong, chairman of the People First Party (PFP), attributed the fallout of the Blue-White alliance to politicking among power-hungry politicians. Soong dismissed criticism directed at Huang Shan-shan, campaign chief of Ko Wen-je’s Taiwan People’s Party (TPP), and questioned whether politicians truly prioritize the people’s issues. Soong criticized major parties in Taiwan, including the Kuomintang (KMT), Democratic Progressive Party (DPP), TPP, and his own PFP, for not reflecting on whether they truly listen to the voices and interests of the populace. He expressed skepticism about the presidential nomination processes of other parties, suggesting they prioritize replacing each other rather than the welfare of the people. Soong emphasized that the PFP has always prioritized public affairs and prided itself on not placing party interests above the public’s welfare. These claims by Soong highlight the challenges of uniting against the ruling administration as the opposition parties navigate the upcoming elections.
    2023/11/29 20:25
  • Global semiconductor revenue to soar 13.1% in 2024

    The World Semiconductor Trade Statistics (WSTS) predicts a 13.1% surge in global semiconductor revenue for 2024, reaching US$588.364 billion. Memory products are expected to be the main driver, with a projected revenue jump of 44.8%. In contrast, current-year revenues are estimated to decline by 9.4% to approximately US$520.126 billion. WSTS has revised its current-year revenue predictions due to better-than-expected performances in certain end markets. Discrete semiconductors are projected to grow by 5.8% in 2023, while optoelectronic products, sensors, and integrated circuits are anticipated to experience declines of 3%, 10.9%, and 8.9% respectively. Europe is the only market expected to expand, with a growth rate of 5.9%, while the American market is predicted to decline by 6.1%, Japan by 2%, and the Asia-Pacific region by 14.4%. In 2024, growth is anticipated across all major markets and semiconductor product categories, including memory, discrete semiconductors, optoelectronics, and sensors. Europe is predicted to grow by 4.3%, Japan by 4.4%, the American market by 22.3%, and the Asia-Pacific region by 12%.
    2023/11/29 18:00
  • 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
  • Aviation industry faces labor shortage amid travel boom

    This article explores the surge in air travel demand leading to a record number of aircraft orders for Airbus, EVA Air’s major purchase of Airbus aircraft, the challenges in pilot training, and innovative solutions from a Taiwanese university.
    2023/11/29 16:02
  • Cathay Pacific to hire 5,000 staff amidst travel surge

    Cathay Pacific plans to hire 5,000 additional employees in 2024 to address a staff shortage caused by a rapid rebound in travel demand. The airline’s Chief Financial Officer, Rebecca Sharpe, announced the plan during an analyst meeting, stating that the strong performance in the first half of the year is expected to continue. This comes after Cathay Pacific already expanded its workforce by 4,000 this year. The positions to be filled range from ground staff and cabin crew to pilots. The airline had to enact major staff reductions in 2019, cutting around 11,000 employees due to the impact of the pandemic. However, the resurgence of travel demand in 2023 led to severe staffing shortages. Despite this, Cathay Pacific achieved a net profit of HK$ 4.27 billion in the first half of 2023, a significant turnaround from a loss of HK$ 5 billion in the same period last year. Passenger numbers also soared to 14.57 million in the first 10 months of 2022, nearly ten times higher than the same period in 2021. This expansion reflects the recovery of the travel industry from the COVID-19 pandemic.
    2023/11/25 16:38
  • TPP’s Vivian Huang makes history as top legislator-at-large

    The Taiwan People’s Party (TPP) has made history in Taiwan’s presidential elections by positioning its campaign manager, Vivian Huang, as the top non-constituency legislator-at-large candidate. This unprecedented move has raised concerns about a potential conflict of interest, as Huang holds the power to nominate while also being involved in the election game. Legislator Chuang Jui-hsiung of the ruling Democratic Progressive Party (DPP) highlighted Huang’s appointment as a reflection of her close rapport with TPP’s presidential candidate Ko Wen-je and her understanding of the Kuomintang’s (KMT) campaign strategies. Huang’s previous engagement with the KMT provides her with intimate knowledge of the opposition’s tactics, allowing her to preemptively contest any strategic moves. As the presidential candidacies were solidified, attention has turned to the election strategies of the major parties, with Huang’s multiple duties generating scrutiny. Her readiness to counteract tactics demonstrates the intensifying nature of Taiwan’s elections as parties prepare for a fierce battle, where alliances and poll maneuvers could have a significant impact.
    2023/11/25 16:37
  • KMT candidate blasts DPP, Taipower for Kaohsiung blackouts

    KMT candidate criticizes DPP and Taipower for power outages in Kaohsiung. Outages disrupt transportation and businesses. Candidate questions DPP’s energy policies and financial losses. Concerns raised about impact on major industries.
    2023/11/22 20:23
  • Quanta Computer raises salaries to beat inflation

    Taiwan’s major contract manufacturer, Quanta Computer, has announced that it will adjust its employee salary structure in response to inflation and talent retention. Starting in December, the salary adjustments will be based on job grades, with employees in the 8th job grade receiving an increase of NT$3,000. According to the Taiwan Stock Exchange’s corporate employee salary information from June, the average annual salary for non-supervisory full-time employees at Quanta in 2022 reached NT$1.501 million. This marks the third consecutive year that Quanta has raised salaries, with structural pay adjustments also made in 2021 and 2022. The company has clarified that the current restructuring will not affect the annual raises based on performance and division alignment. Additionally, Quanta plans to implement a flexible working hours system, reinstating the flexible work hour system adopted during the pandemic period at its headquarters in Taiwan. This will allow employees to start their day between 7 a.m. and 9 a.m. and leave between 4 p.m. and 6 p.m.
    2023/11/22 16:51
  • Trump threatens to revoke Biden’s IPEF framework if elected

    Former U.S. President Donald Trump has stated that he would revoke current President Joe Biden’s Indo-Pacific Economic Framework (IPEF) if he wins the 2024 presidential election. Trump argues that the IPEF could negatively impact the American manufacturing industry and lead to increased unemployment rates. The U.S. previously withdrew from the Trans-Pacific Partnership (TPP) due to similar concerns. Negotiations for Biden’s IPEF began in September 2022, with a focus on major southern powers like India and Indonesia, aiming to promote economic cooperation and exclude China. The IPEF includes countries such as Australia, Singapore, Japan, and 10 other Indo-Pacific nations, constituting about 40% of the global GDP. It emphasizes fair and resilient trade, supply chain resilience, and clean energy. Taiwan’s chief trade negotiator expressed the country’s interest in monitoring the IPEF’s development and presenting a proposal for Taiwan’s inclusion at the appropriate time. President Tsai Ing-wen has also expressed Taiwan’s desire to join the IPEF, believing it would create more business opportunities for Taiwanese and U.S. companies.
    2023/11/20 12:11
  • Formosan black bear released to the wild after FNCA’s care

    A Formosan black bear, injured at a coffee plantation in Taiwan, has been released back into the wilderness after four months of intensive care. The bear, named "Da qu-ali" after a Bunun indigenous leader, triggered a trap in July and underwent successful surgery to recover. Weighing 101 kilograms, the bear was deemed fit for reintroduction. Major wildlife conservation organizations participated in the release, which included a divine naming ceremony led by tribe chief Ho Cheng-chung. The Forestry and Nature Conservation Agency used the incident to highlight the importance of wildlife conservation and encouraged local residents to create bear-friendly environments.
    2023/11/14 21:14
  • Cross-strait tensions deter Japanese tourists to Taiwan

    The number of Japanese tourists visiting Taiwan has only recovered to 33% of pre-pandemic levels in the first half of 2023. One reason for this is the depreciation of the Japanese yen, but the major concern is the growing cross-strait tensions. The instability in the Taiwan Strait has created unease among Japanese tourists. Maintaining stability and peace in the Taiwan Strait is a key task for the new line-up of top government leaders. Another contributing factor to Japan’s decreased tourism in Taiwan is the rising interest in South Korea, including its Korean pop culture, local delicacies, casinos, and cosmetic surgery services, despite its more expensive cost to visit after the pandemic.
    2023/11/14 18:16
  • NTU proposes semiconductor program starting in 2024

    National Taiwan University (NTU) President Chen Wen-chang has announced plans to establish a new undergraduate semiconductor program, which has been submitted to the Ministry of Education for review. The program is expected to start in 2024, admitting around 50 to 60 students per year, mainly from international backgrounds. The renovated building at NTU’s Shuiyuan Campus will be designated for the use of prospective semiconductor major students. Additionally, Chen expressed his intention to establish an "International Political Economy Institute" at the renovated Downtown Campus on Xuzhou Rd., with further discussions and a university-wide meeting scheduled for December 23 to address concerns and foster dialogue on the proposed institute.
    2023/11/14 11:26
  • ASVDA to host talks on Taiwan-Japan industry ties and EVs

    Amid strengthening industry ties between Taiwan and Japan, ASVDA plans discussions on EVs and smart technology. Gartner predicts a significant rise in global EV shipments, while the IEA foresees a major shift towards sustainable energy.
    2023/11/13 20:32
  • Taiwanese major airlines report record revenues in October

    Taiwanese airlines, including China Airlines, EVA Air, Tigerair Taiwan, and Starlux Airlines, have reported record revenues in October and for the first ten months of the year. Starlux Airlines achieved a monthly operating income of NT$2.087 billion in October, the third highest in its history. China Airlines saw a 7.85% monthly increase and a 28.56% annual increase in October, with total revenue reaching NT$16.076 billion. EVA Air’s October revenue increased by 6.8% monthly and 46.57% annually to NT$17.525 billion. Tigerair Taiwan experienced the most significant growth, with October revenue increasing by 13.7% from September and skyrocketing 1040% from last year to NT$1.22 billion. The industry expects this revenue trend to continue as flight operations resume, driven by the northeast Asia leaf-viewing and skiing season, as well as peak travel periods such as Christmas markets and New Year’s Eve in Europe, America, New Zealand, and Australia.
    2023/11/13 12:50
  • Coldplay concert prompts unjustified hotel rate hikes

    The Kaohsiung City Tourism Bureau has fined four hotels in Taiwan between NT$10,000 to NT$50,000 for increasing room rates during Coldplay’s concerts on November 11 and 12 at the Kaohsiung National Stadium. To prevent the tourism and accommodation industry from exploiting such opportunities, the Tourism Bureau conducts proactive inspections of hotel room rates. Reports indicate that four hotels were found to have inflated their prices, with one hotel seeing a 60% increase, resulting in a fine of NT$50,000. The Kaohsiung City Government is making efforts to establish the city as a major global concert destination, with performances by international and domestic acts scheduled for 2023. While these events stimulate the tourism economy and increase demand for hotel accommodations, some operators take advantage of the situation by raising room prices. The director of the Tourism Bureau, Kao Min-Lin, has urged industry operators not to inflate prices during festivals, major events, or concerts. The Tourism Bureau will continue to inspect hotel room rates, maintain tourism and accommodation quality through strict supervision, inspections, and fines, and protect consumer rights and interests.
    2023/11/06 16:43
  • Taipei Metro celebrates 13 billionth passenger milestone

    Taipei Metro celebrates a major milestone as it records its 13 billionth passenger. The lucky rider embarked from Zhongxiao Fuxing station on the Bannan Line and alighted at Xindian station on the Songshan-Xindian Line. In recognition of this achievement, Taipei Metro gifted annual metro passes to the lucky recipient, as well as the five commuters preceding and following them. Additionally, the 13 billionth passenger received a voucher for a presidential suite at a vacation resort worth NT$88,000 and free metro travel for one year. The metro authority tracks ridership by counting entrance times of ticket cards and selects the winner from registered metro card members’ data. Passengers are encouraged to stay updated by following the official Taipei Metro fan page, "Fun with the Metro." Fans can participate in predictive activities on Facebook for a chance to win a voucher for a presidential suite at the Crystal Resort in Sun Moon Lake or a metro card. Taipei Metro is committed to promoting Environmental, Social, and Governance (ESG) concepts, aiming to convey the ideals of sustainable development and zero emissions to its riders as part of the city’s green transformation.
    2023/11/04 12:36
  • Semiconductor revenue expected to rebound by 11% in 2024

    The global semiconductor revenue is projected to drop by approximately 12% in 2023 but is expected to rebound by more than 11% next year, reaching a total revenue of US$550 billion, according to International Business Strategies (IBS). Major semiconductor companies, including Intel Corp, TSMC, and Samsung Electronics, have indicated that the industry downturn has passed. Although Samsung Electronics’ profit for Q3 fell 38%, inventory is returning to normal levels, and oversupply is easing due to production cutbacks. Samsung’s deputy head of the Memory Division suggests that the recovery trend could continue into next year. Despite challenges such as inflation, the war in Ukraine, and clashes between Israel and Hamas, the semiconductor market recovery reflects the resilience of the global economy.
    2023/11/02 20:42
  • Stronger monsoon next week brings sharp temperature drop

    The Central Weather Administration (CWA) has announced that a weakening eastern monsoon will bring sporadic showers to the north coast of Keelung, the eastern region, and the southernmost areas bordering the Taiwan Strait on October 31st through the next day. Clear weather is expected to cover major areas throughout Taiwan, with the exception of sporadic showers in the eastern and southernmost areas.
    2023/10/31 17:20
  • Economic minister debunks rumors of TSMC share sale

    The Minister of Economic Affairs, Wang Mei-hua, has refuted online rumors that the government plans to sell shares of Taiwan Semiconductor Manufacturing Co. (TSMC). In fact, the government has been increasing its stake in TSMC, with the National Development Fund of the Executive Yuan owning major shares. The National Development Council (NDC) has also clarified the situation. Minister Wang emphasized the importance of TSMC in Taiwan’s economic development and the government’s continuous support for the tech giant.
    2023/10/31 15:40
  • NIA disputes reports of surging growth in emigration

    Recent media reports claiming a tripling growth in emigration businesses in Taiwan due to war fears have raised public concerns. However, statistics from emigration companies show no increase in approved applications over the past five years, with annual numbers ranging from 1,077 to 704. The National Immigration Agency (NIA) states that the overall migration level, currently around 20,000 people, may fluctuate significantly in the event of major events such as pandemics or wars. The NIA also notes that the pandemic has caused an increase in citizens unable to return to Taiwan, rising from 180,000 to 220,000 between 2021 and 2022. The agency emphasizes that immigration consultancy firms represent only one channel of advisory services and do not reflect the total number of emigrants. They request that the public avoid generalizations that could lead to societal instability. The NIA further highlights that exaggerated media portrayals of war-evading migration risk can cause unnecessary social anxiety and emphasizes that population mobility is part of the freedom of migration.
    2023/10/30 14:27
  • Mayor Chiang Wan-an inspects newly upgraded Taipei Dome

    Taipei Mayor Chiang Wan-an recently toured the upgraded Taipei Dome, which has been 32 years in the making and meets high standards verified by Major League Baseball officials. Slated to host international competitions, the dome aims to unite baseball fans of all ages. Test games are planned for November, prior to the Asian Baseball Championship in December.
    2023/10/27 15:36
  • NCC expands measures to combat telecom fraud

    The National Communications Commission (NCC) in Taiwan has announced further measures to combat telecommunications fraud. The NCC is working alongside major communications firms, including Chunghwa Telecom, Taiwan Mobile, Far EasTone Telecommunications (FET), TSTAR, and Asia-Pacific Telecom Co., Ltd (ATP), to strengthen their Know Your Customer (KYC) risk management mechanisms and implement special audits for high-risk customers.
    2023/10/26 15:29
  • Lai urges China to value Taiwan firms’ contributions

    DPP presidential candidate Lai Ching-te has called on Mainland China to appreciate the contributions of Taiwanese business people to its economy. This appeal comes as Foxconn Group, a major Taiwanese tech firm, faces investigations by China’s tax and natural resources departments. Lai emphasized that Taiwanese business people are an important asset to China, fostering economic growth and creating opportunities. He urged China not to pressure Taiwanese business people during the upcoming election, warning that it would harm both sides and undermine confidence in the Chinese market. Lai also called on China to respect Taiwan’s democratic constitution and lifestyle and to accept that the civil war between the Kuomintang and the Communists is over. He encouraged China to engage in equitable and dignified dialogue exchange.
    2023/10/24 13:40
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