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Soup Dumpling Index measures global purchasing power
Axios introduces the "Soup Dumpling Index," revealing global purchasing power differences. Taipei ranks high, offering 15.7 dumplings for US$10, while Kuala Lumpur tops the list.
2024/09/23 15:16
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Taiwan’s semiconductor industry to hit US$160B in 2024
Discover how Taiwan’s semiconductor industry is set to revolutionize the global market with a projected US$160 billion revenue in 2024, making up over 25% of the worldwide sector. Learn about the advancements in 2-nanometer process technology and its impact on AI, alongside insights from industry leaders at the SEMICON Taiwan 2024 opening ceremony.
2024/09/04 13:51
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Premier Cho outlines Taiwan’s energy strategy
Taiwan’s Premier Cho Jung-tai is steering the country toward a sustainable energy future, emphasizing new nuclear technology and diverse power sources to ensure stability and global supply chain integrity.
2024/07/17 14:01
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Taiwan’s nuclear-free policy debated amid climate concerns
Explore the debate on Taiwan’s nuclear energy policy as Lee Yuan-tseh, former president of Academia Sinica, backs a pro-nuclear stance to combat climate change and avoid a catastrophic global temperature rise.
2024/07/10 10:25
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Hsiao: Bubble tea shops in D.C. show Taiwan’s soft power
Taiwan’s service industry, from bubble tea shops in Washington, D.C., to its hospitality sector, is making a global impact, as highlighted by Vice President Bi-khim Hsiao at the 2024 iService ceremony.
2024/07/03 20:59
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Taiwan summit discusses AI advancements, green goals
Discover how Taiwan’s President Lai Ching-te plans to position the island as a leader in AI technology amid global challenges, focusing on cloud infrastructure and green energy goals.
2024/06/26 17:03
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J.W. Kuo: Taiwan’s electricity sufficient for AI industry
Discover how Taiwan’s Economic Affairs Minister J.W. Kuo assures sufficient power supply for the AI industry’s growth, addressing global concerns and outlining strategic initiatives for development.
2024/06/12 10:13
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Taiwan calls for health rights recognition at WHA
Discover how Taiwan’s delegation to the World Health Assembly in Geneva is advocating for the island’s health rights and international participation, despite challenges.
2024/05/27 17:17
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Clark: China aims to showcase leadership via France visit
Duncan Clark discusses France-China relations post Xi Jinping’s Europe visit on TVBS, highlighting trade, technology, and global power dynamics.
2024/05/24 18:07
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Cheng Wen-tsan praises Taichung Mayor Lu as rational
Vice Premier Cheng Wen-tsan praises Taichung Mayor Lu Shiow-yen’s political achievements at the 2024 International Vegetarian Culture Festival, highlighting Taiwan’s vegetarian culture’s global recognition. Cheng also commends Merit Times for promoting Taiwanese vegetarianism, showcasing Taiwan’s soft power.
2024/05/13 17:52
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Taipower to receive NT$100B subsidy amid financial crisis
The Executive Yuan of Taiwan approves an additional NT$100 billion budget for 2024 to support Taipower in offsetting electricity costs, addressing the company’s financial challenges and the impact of global events on fuel prices. The proposal, aimed at reducing Taipower’s projected deficit, now awaits Legislative Yuan review.
2024/05/03 17:30
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Former President Ma questions US support amid divisions
Former President Ma Ying-jeou questions U.S. support for Taiwan amid cross-strait tensions, highlighting internal U.S. divisions over Israel-Palestine conflict. Advocates for Taiwan’s defense preparedness, peace talks, and cross-strait dialogue to avoid war and rejects Taiwan’s involvement in global power politics, emphasizing shared Chinese heritage for peaceful resolution.
2024/04/24 14:54
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Lai champions AI, green tech in Taiwan’s ICT push
Vice President Lai Ching-te engages in discussions with ICT industry leaders at Hwa Ya Technology Park in Taoyuan, emphasizing Taiwan’s pivotal role in the global AI revolution amidst the U.S.-China tech war. NVIDIA CEO Jensen Huang highlights Taiwan’s significance in the new AI era, urging collective efforts to solidify Taiwan’s global standing. Lai’s visits and dialogues with industry players signal a collaborative approach to strategic industry planning.
2024/03/26 16:55
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Innovations in smart cities showcased at 2024 SCSE
The 2024 Smart City Summit and Expo in Taipei gathers global leaders to discuss digital and green transformations in smart cities, featuring innovations from Acer, TECO, and more towards a sustainable urban future.
2024/03/13 18:44
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Premier pledges transparency in future power rate hikes
Taiwan Premier Chen Chien-jen emphasizes Taipower’s role in stabilizing commodity prices amid global challenges, promising transparency in future electricity rate adjustments. The upcoming electricity price review committee may lead to inclusive price hikes, citing the impact of the Russia-Ukraine conflict on raw material costs. Chen underscores Taipower’s efforts to control expenses and enhance efficiency while ensuring public understanding of any changes in electricity charges.
2024/02/20 11:58
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Exploring Taiwan’s democratic challenges at FICA
Taiwan takes center stage at the 30th Festival International des Cinémas d’Asie (FICA) in Paris as the theme country, showcasing a range of films from the martial law era to the works of new directors. Filmmaker Jean-Robert Thomann, who holds dual citizenship from France and Taiwan, presents his latest documentary, "Taiwan, Chronicle of a Threatened Democracy," in FICA’s documentary competition. The film, shot between 2021 and 2023, delves into the challenges faced by Taiwan’s democratic process, examining major referendums and the Taichung legislator election. Thomann believes Taiwan’s global recognition extends beyond seeking a seat in the United Nations, emphasizing the importance of parliamentary links, cultural and economic exchanges, and soft power rooted in creativity. He hopes his documentary will deepen French audiences’ understanding of Taiwan and inspire further exploration of the country. Thomann highlights that threats to Taiwan are not only external but also internal, with social media manipulation and fake news posing challenges to democracies worldwide. Despite these challenges, Thomann regards Taiwan as a remarkable example of democracy, particularly in Asia, and remains optimistic about the island’s democratic system. "Taiwan, Chronicle of a Threatened Democracy" premiered at FICA and is set to be screened in France, Taiwan, and Sweden.
2024/02/07 14:32
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Taiwan slips to 24th in 2024 global military strength rank
Taiwan’s ranking in the 2024 Global Military Strength Index falls to 24th place, emphasizing the nation’s domestic war resource challenges. Experts analyze the implications and the role of President-elect Lai in shaping cross-strait relations.
2024/02/06 17:18
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Taiwan’s MOEA to aid Taipower’s budget crisis
The Minister of Economic Affairs, Wang Mei-hua, plans to help Taiwan Power Company (Taipower) seek budgetary support from the Executive Yuan to alleviate its financial distress. Taipower reached out to the Ministry of Economic Affairs (MOEA) for assistance, citing escalating international fuel prices caused by the Russia-Ukraine war. Other global power companies, such as Korea Electric Power Corporation (KEPCO), Tokyo Electric Power Company (TEPCO), and Électricité de France (EDF), have already experienced significant price hikes. Taipower’s rates are relatively low compared to the cost of power generation, resulting in policy-driven losses. As of 2023, Taipower has accumulated losses of NT$382.6 billion due to absorbing price increases to protect Taiwan from global inflation. The MOEA disclosed that Taipower and the CPC Corporation have discrepancies in predicting natural gas prices, leading Taipower to observe international coal prices for cost estimates in 2024. While mitigating Taipower’s financial woes in the short term poses challenges, Wang aims to prevent further losses. The MOEA will assist Taipower in lobbying the government for budget support once financial situation estimates are finalized. The decision to adjust electricity prices will be made by the Electricity Price Review Committee.
2024/01/23 13:09
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2024全球軍力排名 台灣居24「較去年退步1名」
軍事網站「全球火力」(Global Fire Power, GFP)公布2024年軍力排名,台灣名列24,較去年退步1名。美國、俄羅斯和中國則分別拿下前3名。
2024/01/18 21:36
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Overseas community emphasizes voting’s role in democracy
The San Francisco overseas Chinese community hosted a New Year flag-raising ceremony, with Fremont Mayor Lily Mei encouraging the next generation to run for office and speak out for Asians. Mei also urged the community to vote robustly in the upcoming T U.S.-Taiwan relations and reminded them not to underestimate individual power. Director-General Scott Lai of the Taipei Economic and Cultural Office in San Francisco reviewed Taiwan’s accomplishments last year, highlighting its rise in various indices, ranking second in freedom in Asia and sixth in global competitiveness. Lai also noted the meeting between Morris Chang, founder of Taiwan Semiconductor Manufacturing Company (TSMC), and key U.S. officials at the 2023 Asia Pacific Economic Cooperation (APEC) summit, praising it as a symbol of U.S. executive branch support for Taiwan. However, Lai acknowledged challenges lie ahead for Taiwan, particularly in its tourism, sightseeing, and restaurant industries’ recovery, as well as social issues such as declining birthrates and wealth disparity. Lai assured that the government would take a more proactive and responsible stance to make positive changes felt by the public.
2024/01/02 16:00
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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
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KMT’s Hou Yu-ih questions DPP’s energy policies
Kuomintang (KMT) presidential candidate Hou Yu-ih raises questions about Democratic Progressive Party (DPP) candidate Lai Ching-te’s energy policy during a policy presentation. Hou specifically probes Lai’s stance on the "nuclear-free homeland" policy and his attitude toward nuclear power generation. Hou questions Lai’s viewpoints, suggesting that if Lai believes "nuclear units cannot be stopped," it implies Taiwan’s nuclear power plants may need to extend their lifespan. Hou also criticizes Lai’s "clean coal" concept and its potential impact on the prevalence of pulmonary adenocarcinoma in Taiwan. Furthermore, Hou criticizes the DPP’s goal of "net-zero carbon emissions," arguing that even the announced 2030 target of reducing carbon emissions by 24% to 25% is unattainable and out of step with global trends.
2023/12/26 17:24
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Ko Wen-je vows to bring 2038 Asian Games, Olympics to Taiwan
Taiwan People’s Party (TPP) presidential candidate Ko Wen-je vows to promote international sports events, including the 2038 Asian Games and the Olympics, if elected. He recognizes the connection between sports and national power and highlights Taiwan’s top athletes. Ko also proposes career planning guidance and specific examinations for sports personnel, as well as the establishment of a National Sports Development Fund and revision of the Sports Industry Development Act. He plans to increase the budget for the national training center, improve support teams, and promote physical fitness nationwide. Ko aims to develop e-sports and align it with global standards, while advocating for education reforms and cultivating high-tech talents.
2023/12/26 16:46
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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
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NMEA urges focus on funding, talent for Taiwan’s media hub
The newly appointed Chairperson of the New Media Entertainment Association (NMEA), Daphne Lee, emphasizes the importance of funding, talent, and global integration for Taiwan’s content industry to succeed. At the 2023 Asiahub New Media Summit in Taipei, Lee highlights the need for cross-sector collaboration and industry chain integration in the AI era. The summit features six main themes, 19 keynote speeches, panel discussions, and 7 workshops with 60 speakers. Participants, such as LINE Taiwan Managing Director Roger Chen, discuss Taiwan’s soft power, industry upgrade, transformation, and global outreach. Videoland Television Network Chairman Lee Chung-pei suggests creating quality content to ensure profitability and establish funding recovery mechanisms. Lin Chien-han, Chairman of Taiwan Secom, shares the company’s dual strategy of investment and production, moving from DVD rental services to investing in Taiwanese films. Lin also discusses how Taiwanese creative content is breaking into the international market by integrating local culture and socio-political issues, citing successful films like "The Candidate" and "The Bridge Curse."
2023/12/19 15:38