-
Taiwan’s retirement wave to persist until 2026, MOI says
Taiwan faces a retirement wave until 2026, with over 20% of its population expected to be elderly by 2025. Learn about the demographic shifts and policy challenges.
2024/11/05 09:54
-
Emotional Tai Tzu-ying shares father’s supportive message
Discover the journey of Taiwan’s badminton star Tai Tzu-ying at the Victor China Open, her emotional struggles, and her retirement plans. Read about her resilience and family support.
2024/09/19 11:29
-
FTV confirms Vice President Anne Hu’s retirement
Discover the career and retirement of Anne Hu, a seasoned Taiwanese media professional and vice president of Formosa TV News, who has made significant contributions to journalism and academia.
2024/09/16 17:15
-
Lee Yang retires, plans deep dive into Taiwan
Discover how Olympic gold medalist Lee Yang plans to explore Taiwan by cycling and fulfill his dream of attending an NBA game in the U.S. after announcing his retirement.
2024/09/09 10:39
-
Olympic champion Lee Yang retires from badminton
Discover the legacy of Olympic gold medalist Lee Yang as he retires, leaving a mark on Taiwan’s badminton history. Highlights from his emotional farewell at Taipei Arena.
2024/09/09 09:39
-
Badminton star celebrates birthday with call for compassion
Discover how Olympic gold medalist Lee Yang celebrated his meaningful 29th birthday by advocating for compassion towards 16 disadvantaged groups and reflecting on his career and personal joys.
2024/08/12 17:23
-
Harimoto honors Taiwan’s Chuang with handshake, deep bow
Discover the end of an era as Chuang Chih-yuan, Taiwan’s table tennis "godfather," plays his final Olympic match in Paris, leading to a heartfelt farewell and reflections on a storied career.
2024/08/07 11:43
-
Badminton duo Lee, Wang set for final match in Taipei
Discover how Lee Yang and Wang Chi-lin clinched a gold medal at the Paris Olympics in men’s doubles badminton, marking Lee’s final Olympic appearance. Learn about their upcoming retirement match at the Taipei Open, where Tai Tzu-ying may also compete despite injury concerns.
2024/08/05 17:08
-
Taiwan passes law to extend retirement age for seniors
Taiwan’s new labor law amendment allows workers aged 65 and older to negotiate delaying retirement, aiming to keep seniors active in the workforce.
2024/07/15 12:01
-
LINE Bank survey reveals Taiwanese digital financial trends
a comprehensive survey on digital financial trends in Taiwan, conducted by LINE Bank, Schroders, and National Chengchi University. Learn about Taiwanese citizens’ investment habits, preferences for stable cash flow over retirement savings, and the rise of digital investing among 20 to 50-year-olds.
2024/07/12 21:00
-
Labor groups demand end to mandatory retirement age
Legislative Yuan reviews changes to the Labor Standards Act that could affect retirement ages. Labor groups demand more autonomy for workers.
2024/07/12 13:55
-
Military enthusiasts gather for AT-3’s final flight show
Witness the thrilling final showcase of Taiwan’s AT-3 jet trainers during the annual air force training session, as the nation prepares to transition to the more advanced Brave Eagle jets.
2024/06/27 16:29
-
Tsai Ing-wen jokes about post-retirement career in design
Discover how former President Tsai Ing-wen humorously shares her retirement plans on Threads, and Vice President Hsiao Bi-khim praises Taiwan’s evolving interior design at the Taiwan International Interior Design Expo 2024.
2024/06/14 16:58
-
Over 7M Taiwanese face poverty, illness, and fraud risks
Over 7 million Taiwanese aged 30-50, known as the "Three Precautions Generation," face significant risks of poverty, illness, and fraud as they prepare for retirement. Financial safety nets and vigilance against scams are essential to secure their future.
2024/05/22 18:03
-
Taiwan’s president-elect vows to boost worker rights
Discover how Taiwan’s President-elect Lai Ching-te pledges to enhance labor rights, promote economic growth, and improve work-life balance for families, starting with a flexible parental leave trial in June.
2024/05/01 14:55
-
Incentives reintroduced for middle-aged worker employment
This article discusses the challenges and governmental efforts surrounding the employment of older workers in Taiwan, focusing on participation rates, early retirement trends, and new incentives for re-entering the job market.
2024/04/12 17:02
-
Heroic Rescue Dog Roger makes int’l news after earthquake
Discover the inspiring journey of Roger, a rescue dog from the Kaohsiung Fire Bureau, who became a hero by finding victims in the aftermath of a 7.2 magnitude earthquake in Hualien, Taiwan. Initially trained as a drug-sniffing dog, Roger’s boundless energy led him to a career in search and rescue, culminating in international recognition for his bravery. As he approaches retirement, Roger’s story highlights the invaluable contributions of rescue dogs in disaster relief.
2024/04/10 15:53
-
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
-
Taiwan Railway revamp: new era of worker rights management
Taiwan’s Minister of Transportation and Communications, Wang Kwo-tsai, announced that worker rights and disputes in Taiwan Railway will be handled by a board of directors once it becomes a company on Jan. 1, 2024. This marks a departure from the current practice where the Minister has jurisdiction over such matters. The transition will be commemorated with a plaque unveiling ceremony at Taipei Station, signifying Taiwan Railway’s separation from the administrative agency Taiwan Railways Administration. Wang expressed optimism for a fresh start, including the resolution of debt, enhanced safety protocols, and more flexible systems. In response to concerns raised by the Taiwan Railway Labor Union regarding employee vacation rights and driver treatment, Wang stated that decisions will be made by Taiwan Railway as a company. Wang also addressed worries about a potential retirement wave among senior maintenance staff, emphasizing that retirement is a normal occurrence in all workplaces and that the inclusion of younger employees could lead to improved performance.
2023/12/28 16:49
-
Taiwan’s minimum wage hike to benefit 2.39M workers in 2024
Taiwan is set to increase its minimum wage for 2024, benefiting approximately 2.39 million workers. Monthly basic wages will rise from NT$26,400 to NT$27,470, a 4.05% increase, benefiting 1.79 million workers. Hourly wages will also see a boost from NT$176 to NT$183, benefiting around 600,000 workers. The changes will affect labor insurance premiums, with employers bearing an extra cost of NT$2,307, workers contributing NT$659, and the government chipping in NT$329. This marks an increase of NT$89, NT$25, and NT$13, respectively, compared to the existing system. The adjustment will also impact the categorization of labor insurance premiums and retirement monthly contributions schedules. While the wage hike will increase labor costs, it provides an important boost for workers in challenging economic times.
2023/12/27 16:31
-
Tai Tzu-ying named ’top player’ after World Tour Finals win
Taiwan’s badminton player Tai Tzu-ying, the silver medalist at the Tokyo 2020 Olympics, has been recognized as "one of the top players in the world" by Malaysian newspaper "The Star" after winning the World Tour Finals. With victories at the Badminton Asia Championships, 2023 Taipei Open, and the World Tour Finals, the 29-year-old earned a prize of US$200,000 (approximately NT$6.3 million) and 12,000 world ranking points, positioning her well for the Paris Olympics seedings. Tai’s competitors in Paris include China’s Chen Yufei, South Korea’s An Se-young, Japan’s Akane Yamaguchi, and Spain’s Carolina Marin. In an interview with the Badminton World Federation (BWF), Tai emphasized the importance of maintaining her health as she prepares for the Olympics. She also confirmed that the Paris games will be her last, making it her most crucial opportunity to win a gold medal.
2023/12/25 17:38
-
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
-
TSMC CEO C.C. Wei nominated as next chair
The Taiwan Semiconductor Manufacturing Company (TSMC) has announced that its current CEO, C.C. Wei, is set to be nominated as the next chairman in the June 2024 board election. This comes after the current chairman, Mark Liu, revealed that he will not seek re-nomination and plans to retire after next year’s shareholder meeting. Liu, who joined TSMC in 1993, became chairman in June 2018 following the retirement of company founder Morris Chang. He expressed his desire to continue making a difference in the semiconductor industry using his decades of experience while also spending more time with his family. Despite varied opinions on Liu’s retirement, there is a consensus that TSMC’s stable corporate governance is unlikely to be affected in terms of operations and stock performance.
2023/12/20 10:45
-
TSMC Chairman Mark Liu to step down after shareholder meet
Mark Liu, Chairman of Taiwan Semiconductor Manufacturing Company (TSMC), will step down after the next shareholders’ meeting. C.C. Wei, currently the vice chairman, has been recommended to succeed Liu as the new chairman. Liu, who took over in 2018, focused on solidifying corporate governance and competitiveness during his tenure. He plans to continue contributing his semiconductor expertise in different capacities after retirement. Liu expresses gratitude for his collaboration with TSMC and intends to spend more time with his family. He remains confident in TSMC’s future performance and is committed to bolstering corporate governance until his term’s end.
2023/12/19 22:03
-
Ko’s spouse clarifies sudden bank deposit hike
Chen Pei-chi, spouse of Ko Wen-je, presidential candidate from the Taiwan People’s Party (TPP), explained in a Facebook post that the increase in their bank deposits was due to receiving NT$4.22 million from a public service pension after Ko’s term as Mayor of Taipei ended. This clarification came after concerns were raised regarding the rise in Ko’s bank deposits, as disclosed by the Central Election Commission (CEC). Chen, who has been responsible for Ko’s financial declarations for years, praised the user-friendliness of the Control Yuan’s property declaration system but noted that the process for fulfilling the CEC’s requirements was incompatible with the Control Yuan’s document handling. Chen meticulously calculated the savings and net value of funds, including residual payment insurance policies. The couple had paid approximately NT$700,000 in insurance premiums that year but did not explicitly list it in the commission’s financial report form due to a lack of specific fields. Chen expressed surprise at the deposit increase, considering Ko’s retirement and lack of salary income as chairman of the TPP. The family relied on Chen’s hospital income, and the discovery of the NT$4.22 million pension deposit was unexpected.
2023/12/07 10:00