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  • Ex-KMT legislator Tsai defends classical Chinese in schools

    Former Kuomintang (KMT) legislator Alex Tsai advocates for the inclusion of classical Chinese literature in education, suggesting that it should be part of university entrance exams. Tsai cites the University of Tokyo as an example, where classical Chinese content is included in the national language exams. He argues that studying these classics can enhance language skills and cultural refinement. Tsai criticizes the ruling Democratic Progressive Party (DPP) and pro-independence forces for neglecting the value of classical Chinese and accuses them of attempting to "de-sinicize" Taiwan’s education system. Critics argue that education should prioritize critical thinking and note that the DPP has retained a significant portion of classical Chinese content in the curriculum. They emphasize the need for a comprehensive understanding of the curriculum’s core principles and content to advance Taiwan’s educational progress.
    2023/12/12 17:44
  • NTU students vote on ’108 Curriculum,’ clash over classics

    The recent debate over the removal of classical Chinese literature from Taiwan’s Ministry of Education’s 108 Curriculum has sparked diverse opinions among students at National Taiwan University (NTU). In a student-led poll on Dcard, 38% of participants supported a teacher’s criticism of the curriculum reform, arguing that classical literature is an essential part of Mandarin education. On the other hand, 24% of students opposed the importance of classical texts, viewing them as pedantic Confucian brainwashing. Interestingly, 39% of students abstained from taking a strong stance, humorously identifying themselves as "engineering majors too busy with homework to have an opinion." Student comments highlighted the complexity of the issue, with some emphasizing the importance of classical Chinese in enhancing writing skills and its philosophical value, while others expressed concerns about a potential lack of cultural depth in young people if literary content is reduced.
    2023/12/11 20:03
  • Taiwan’s instant noodle sales boil over NT$14 billion mark

    Taiwan’s instant noodle industry has achieved impressive sales, reaching an annual output value of NT$14 billion. This year alone, consumers in Taiwan have consumed around 900 million packets of instant noodles. Market research conducted by noodle manufacturers reveals that beef and seafood flavors are the preferred choices among Taiwanese consumers. In order to stay competitive, noodle companies continuously innovate their marketing tactics, introducing new flavors, prize draws, and strategic partnerships. The iconic "Hong Shao Beef Noodle Soup" and "Spicy Seafood Noodle Soup" from a well-established Taiwanese instant noodle brand have experienced a significant increase in sales, surpassing the million-packet mark. This success can be attributed to a collaboration with a popular food television series. To celebrate this achievement, the brand has joined forces with a lifestyle app to launch a lottery with a guaranteed 100% winning rate, providing customers with an additional incentive to enjoy the comforting warmth of a bowl of instant noodles.
    2023/12/09 13:58
  • 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
  • Taiwan sees third lowest November rainfall days since 1951

    Taiwan experienced its third lowest average rainfall days for November since records began in 1951, with only 5.9 rainy days last month, according to the Central Weather Administration (CWA). The CWA’s climate review highlighted fluctuating cold and warm temperatures, with isolated showers occurring mainly on the windward sides of the eastern and northern parts of Taiwan. The average monthly temperature was normal at 23.0 degrees Celsius, slightly above the climate average of 22.7 degrees. Taiwan’s cumulative rainfall also fell well below the climatic average of 110.6 millimeters, with only Keelung reaching 90% of its climatic value for rainfall. The Taitung, Pengjia Islet, Hsinchu, and Hengchun stations all reported record lows or near-record lows for rainy days in November. This data from the CWA highlights the variability of precipitation patterns and their potential impact on the region’s climate.
    2023/12/06 20:28
  • FSC head touts domestic impact on Taiwan stock market

    The Financial Supervisory Commission (FSC) Chairman, Huang Tien-mu, addressed questions from Kuomintang Legislator Lin Te-fu about Taiwan’s stock market. Huang emphasized the significant role of domestic funds and corporations in driving market momentum, despite the heavy presence of foreign capital. While foreign capital makes up around 40% of the market value, it accounts for only 30% of regular stock volume. Huang stated that this indicates the considerable impact of internal funds and corporations on the market. Huang also highlighted a record inflow of foreign investment in November 2022, with overseas investors injecting over NTD $350 billion into the Taiwanese market. He attributed this surge in foreign investment to cooling inflation rates in the United States and a retreat from the highs of U.S. national debt yields. Huang argued that confidence in Taiwan’s robust economic fundamentals and attractive yield rates has led to increased foreign investment trust in Taiwan’s stocks. He further emphasized that the sustained influx of ’hot money’ into Taiwan indicates substantial interest from both foreign and local investors. This interaction underscores the FSC’s recognition of diverse investment sources in strengthening the Taiwanese stock market and suggests a cautiously optimistic outlook for continued investment in the island’s economic landscape.
    2023/12/06 20:26
  • Taiwan’s 2023 exports on track to hit US$400B milestone

    Taiwan’s Finance Minister, Chuang Tsui-yun, projects that Taiwan’s total export value for this year will exceed US$400 billion, marking the third-highest record in Taiwan’s history. The nation’s exports for the first ten months of the year have already reached US$355.1 billion. Despite a slight decline in October, Taiwan’s export sector has shown signs of resilience, with positive growth in September. Chuang advises industry leaders and government departments to closely monitor global economic factors, such as inflation and the interest rate hike cycle, which may impact exports. Cautious optimism is emphasized for exports in the fourth quarter and beyond.
    2023/12/04 14:03
  • Taiwan to include mainland students in NHI program

    Taiwan Premier Chen Chien-jen has announced that mainland Chinese students who have completed their academic registration for six months will be included in Taiwan’s National Health Insurance (NHI) program, similar to foreign and overseas Taiwanese students. The new policy is set to take effect on Feb. 1, 2024. Chen emphasized the universal value and fundamental human right of health, and highlighted that the new policy will aid in epidemic prevention efforts. The Ministry of Health and Welfare (MOHW) will announce the new regulations in accordance with the Enforcement Rules of the National Health Insurance Act. Chen also urged related government bodies to prepare administrative procedures and effectively communicate with mainland students. Currently, overseas Taiwanese and foreign students who have resided in Taiwan for more than six months with a residence certificate can apply for NHI coverage through their schools. Foreign students are required to pay NT$826 per person per month for their NHI package.
    2023/11/23 17:49
  • Tourism Administration to launch travel program for seniors

    The Tourism Administration plans to launch a new travel program called "Golden Years" (凰金遊程Golden Years) next year, targeting senior travelers in response to Taiwan’s aging population. With an estimated senior travel demographic of 4 million individuals, Taiwan sees a potential tourist value of up to NT$120 billion. Deputy Director-General Lin Hsin-Jen expects a 10% to 20% growth in output value, reaching NT$120 billion, with domestic tours for the elderly market accounting for approximately NT$40 billion and international travelers adding NT$60 billion. Travel agencies and hotels are now focusing on marketing efforts and introducing 11 Golden Years itineraries to cater to this demographic’s preferences. Discounts and leisurely itineraries are being offered to accommodate the spending power of senior travelers.
    2023/11/22 19:47
  • Quarantine key to protecting Taiwan’s pork: MOA

    Learn about Taiwan’s pig farming industry, which involves over 3 million people and has an annual value exceeding NT$150 billion. Acting Minister of Agriculture Chen Junne-jih emphasizes the importance of quarantine stations to protect the industry and prevent the spread of African swine fever. With over 5,000 pig farms operating in Taiwan, the industry contributes significantly to the economy. Chen’s comments came after the implementation of manual inspection stations at Taoyuan International Airport caused a decline in its Skytrax ranking.
    2023/11/22 15:10
  • Survey reveals changing views on mobile device flagship chip

    According to a recent poll conducted by GSMArena, nearly 70% of online users believe that flagship chips, which were once a crucial factor in their choice of smartphone, are no longer vital. In the past, users prioritized new-generation flagship chips to ensure smooth performance and longevity. However, the survey found that only 21.3% still consider this necessary. Only 10.1% of respondents deemed flagship chips in Esports phones critically essential for superior performance. The shift in users’ attitudes is apparent, with 42.5% acknowledging the performance of flagship chips but feeling that their predecessor versions were still satisfactory. Additionally, 23.5% of netizens believed that mid-range mobile phones were sufficient for their needs. Users cited positive experiences with older chips, like the four-year-old Helio P70, which they argued delivered adequate performance. Some netizens also emphasized the importance of a stable product providing good value for money over having the latest flagship chip. The study gathered views from 5,499 participants.
    2023/11/20 19:32
  • Survey: Half of respondents expect salary increase in 2024

    According to a national economic confidence survey by Cathay Financial Holding, approximately half of respondents believe their salaries will increase in 2024, showing a more optimistic outlook compared to last year. About 25% of respondents anticipate a pay hike of more than 3%. This comes after the Ministry of Labor’s decision to raise the minimum wage by just over 4% in 2024. 64% of respondents reported that their income has remained unchanged over the past six months, while 18.1% said it has increased and 17.9% said it has decreased. Looking ahead to next year, 25.2% of respondents expect a salary increase of more than 3%, a significant increase from last year’s survey. The survey also reveals that respondents predict the country’s economic growth rate to stay at 1.6%, with only around 21% believing it will surpass 2% this year. In terms of inflation expectations, the median value remains steady at 2.5%, with 84% of respondents believing this year’s inflation rate will be more than 2%. Overall, the public maintains a conservative outlook on economic expansion, while inflation expectations remain higher.
    2023/11/20 13:50
  • Taichung’s Youth Model UN hailed for educational impact

    Explore how the Youth Model United Nations in Taichung brought together students to develop teamwork, global perspectives, and diplomatic skills, emphasizing the value of global education in preparing future leaders.
    2023/11/16 15:01
  • Taiwan’s 2023 semiconductor output to reach NT$4.3 trillion

    The total semiconductor industry output is projected to reach NT$4.3 trillion in 2023, with a year-on-year decrease of 11.2%, according to a revised forecast by Taiwan’s Industrial Technology Investment Corporation (ITRI). The wafer foundry industry is expected to have an output value of NT$2.46 trillion, surpassing the earlier forecast of NT$2.38 trillion, and showing an 8.2% yearly decrease. The semiconductor manufacturing industry, including wafer foundry and DRAM, is set to have an output value of NT$2.64 trillion, with a year-on-year decrease of 9.6%. TSMC’s operational growth is likely to contribute to an anticipated 8.1% growth in Taiwan’s semiconductor manufacturing output in the fourth quarter.
    2023/11/14 18:11
  • MOEA embraces tech innovations amid strong ties with Japan

    The Minister of Economic Affairs praised the growing industry ties between Taiwan and Japan at the 2023 Japan-Taiwan Image Exhibition. Investments from Japanese companies such as Ebara, Fujifilm, and semiconductor factories are expected to contribute significantly to Taiwan’s economy, reaching a value of NTD$10 billion. Japan’s interest in Taiwan’s semiconductor industry, particularly TSMC’s projects in Kumamoto, suggests the potential for future collaboration. Minister Wang Mei-hua emphasized the importance of adopting low-carbon and smart technologies for a sustainable future, aligning with Japan’s smart city initiatives. She also highlighted the potential of hydrogen power, urging Taiwan to follow Japan’s lead in developing new technologies and exploring infrastructure partnerships.
    2023/11/13 12:10
  • Ice cream industry hits production value of NT$2.8B in 2022

    Taiwan’s ice cream industry has reached a record-high production value of NT$2.8 billion in 2022, with an average year-on-year growth of 8.3% over the past five years, according to the Ministry of Economic Affairs (MOEA). This growth is attributed to Westernized eating habits, health-conscious consumption, and the introduction of new flavors that cater to Taiwan’s hot climate. The rise of the ice cream sector has also contributed to the steady growth of Taiwanese dairy consumption, which reached a peak production value of over NT$40 billion in both 2021 and 2022. Despite this growth, Taiwan primarily relies on dairy imports, with an annual increase of 11.1%. New Zealand is the main import source, followed by the U.S., France, and Australia, accounting for 12.6%, 8.7%, and 7% respectively. These imports mainly consist of cheese, dry cheese, and dairy-based spreads.
    2023/11/07 13:11
  • 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
  • Taiwan’s digital learning valued at NT$51.06 billion in 2022

    Taiwan’s online education sector witnesses a remarkable surge with NT$51.06 billion in digital learning value in 2022. Former TSMC manager Waki’s online courses shine, surpassing prior income. Practical skills, from baking to dancing, thrive on online platforms, while ’memorizing techniques’ course generates an impressive NT$50 million revenue. Explore the future of digital learning.
    2023/09/01 17:35
  • Data show value of creating positive working environment

    Taiwan’s new hire retention rate has been declining recently while the country faces a talent shortage. In response, companies are now focusing more on creating positive work environments.
    2023/07/24 16:12
  • Experts give insights on how Taiwan’s car market changed

    Taiwan’s car market continues to thrive, with the value of imported cars reaching a record high of NT$85 billion from January to April this year, a 54% increase compared to the previous year, according to the Ministry of Finance.
    2023/06/19 15:53
  • Taiwan’s manufacturing PMI drops in March, signals recession

    The Taiwan Institute of Economic Research released its Manufacturing Purchasing Managers’ Index (PMI) report for March on Wednesday (May 3), revealing a decrease in the overall manufacturing PMI signal value from 10.97 in February (revised) to 10.41 in March.
    2023/05/04 12:02
  • MLB /大谷經典賽三振神鱒靠「橫掃滑球」 去年擋下29分

    效力美國職棒(MLB)洛杉磯天使隊的日籍「二刀流」好手大谷翔平(Shohei Ohtani),是當今棒壇最炙手可熱的明星,擁有超狂位移的變化球種「橫掃滑球」(Sweeper)是他壓制打者的秘密武器;大聯盟官網特別撰文分析這顆「邪惡滑球」的驚人數據,指出大谷2022年靠這一球飆出89次三振、替天使擋下29分,球種價值(Pitch Value)位列大聯盟第二。
    2023/04/13 15:05
  • NT$100M Bugatti sports car spotted at Taiwan local car wash

    A Bugatti Veyron, a sports car of extraordinary value surpassing NT$100 million, was spotted at a local car wash in Kaohsiung on Monday night, as reported by social media. 
    2023/04/12 16:08
  • President Tsai stresses value of enhancing military training

    President Tsai Ing-wen traveled to Penghu County to oversee the national army demonstrate combat shooting on Friday (Dec. 30), just 3 days after announcing the extension of Taiwan’s military service.
    2022/12/30 20:33
  • 台灣第1位榮獲美國會計學會「傑出國際會計教育家獎」

    2021年美國會計學會(AAA)之國際會計領域(IAS),頒發第32屆「傑出國際會計教育家獎」予政大講座教授吳安妮,這是台灣第一位獲此世界殊榮的會計學者。吳安妮講座教授創新研究的整合性制度「作業價值管理(Activity Value Management, AVM)」,不僅為台灣學術研究創造高度榮耀,更將為台灣企業提升獲利,強化轉型能量,於產學皆具重大貢獻。
    2021/10/10 18:56
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