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US delegation lands in Taiwan for defense forum
Discover insights on the Taiwan-US Defense Business Forum in Taipei, highlighting the growing defense collaboration between Taiwan and the United States and featuring top defense contractors.2024/06/04 17:02 -
China announces rocket launch near Taiwan amid tensions
The Ministry of National Defense announces Chinese Communist Party’s rocket launch activity and multiple airspace violations near Taiwan. Stay informed on the latest updates.2024/02/22 14:30 -
Santa soars over Taiwan sky on Christmas Eve, NORAD reports
Santa Claus flew over Taiwan’s skies on Christmas Eve, according to the North American Aerospace Defense Command (NORAD). This tradition, dating back to 1955, began when a local newspaper misprinted a Santa hotline number, leading to NORAD’s predecessor’s number being inundated with calls from curious children. Rather than disappoint, the command started reporting Santa’s location. This year, Santa departed from the North Pole in a sleigh with the call-sign "HOHOHO," flying over Japan, Korea, China, and finally Taiwan. NORAD shares Santa’s flight trajectory, destinations, times, and the number of gifts distributed on their official website each Christmas Eve. They also rely on 1,100 to 1,200 volunteers to answer calls from children worldwide, receiving up to 260,000 calls in 2022. Platforms like Google and Flightradar24 also offer trackers to keep up with Santa’s movements.2023/12/25 13:30 -
Taiwan defense stocks surge ahead of presidential election
Taipei’s military, national defense, and aerospace stocks experienced notable performances in early trading as Taiwan’s presidential election approaches. AirAsia, Aerospace Industrial Development Corporation (AIDC), and Thunder Tiger stood out, attracting investor attention. With the United States reporting a slowdown in inflation growth, the market anticipates a lower probability of further interest rate hikes by the Federal Reserve (Fed). AirAsia reported a net zero profit for the first ten months of the year, with optimism in the commercial maintenance market. AIDC exceeded last year’s total revenue in the first ten months, aiming for its highest annual profit since listing. AIDC Chairman Hu Kai-hung is working towards enhancing Taiwan’s aerospace industry through the A-Team 4.0 alliance. Thunder Tiger is planning collaborations with domestic electric vehicle supply chains and aiming to introduce innovative solutions in the defense sector.2023/12/12 19:13