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Taiwan open to new nuclear tech, says Premier Cho
Taiwan Premier Cho Jung-tai discusses openness to new nuclear tech, stressing consensus on safety and waste. Cho assures no power issues before 2030.
2024/10/21 14:04
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Etron chairman: Semiconductor growth to dip in late 2024
Discover insights from Etron’s chairman, Nicky Lu, on the semiconductor industry’s growth slowdown in H2 due to economic shifts and global challenges, and why AI could fuel future demand.
2024/09/05 11:01
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ASE CEO discusses Taiwan’s challenges in AI ahead of SEMICON
Discover insights from SEMICON Taiwan 2024, where industry leaders highlight the impact of AI on semiconductors, addressing challenges and opportunities ahead. Learn about the expo’s focus on AI, smart mobility, and more.
2024/09/03 10:40
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Taiwan delays Chinese game release over procedural issues
Discover why the release of "Black Myth: Wukong" in Taiwan is delayed. The ADI cites procedural issues, not political interference, as the cause. Learn about the compliance requirements and the current status of the game’s release process.
2024/08/26 11:44
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Taiwan faces underground tourism risk amid China travel ban
Explore the impact of a potential ban on Taiwanese travel groups to China starting June 1, as discussed by Chen Yi-hsuan. With 80% of Taiwan’s travel agencies involved with China, the industry faces the risk of unregulated tourism. Efforts to negotiate with China have begun, highlighting the economic significance of Chinese tourists to Taiwan and urging the new government to prioritize cross-strait exchanges. Concerns over legal, safety, and transportation issues are also raised by industry leaders.
2024/05/07 14:42
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Political tensions and natural disasters impact tourism
Chu Chien-meng of the Development Association for Taiwan Tour Guide shares a bleak outlook for Taiwan’s tourism in 2023 due to unresolved political tensions with China and a new ban on group tours. The industry also faces challenges from recent natural disasters and legal issues, despite calls for more open policies to boost tourism and economic growth.
2024/05/07 14:38
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Misleading documentary sparks anger among Taiwan’s fishermen
Taiwan’s fishing industry considers legal action against Greenpeace for a documentary allegedly tarnishing its reputation by confusingly linking Taiwanese vessels to labor abuses, despite the incident involving a Chinese ship. The industry urges the Ministry of Agriculture to clarify facts, amid concerns of damaging Taiwan’s image in international trade negotiations.
2024/04/30 17:55
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Taiwan premier addresses cimbuterol pork concerns
Taipei Premier Chen Chien-jen addresses concerns over cimbuterol pork contamination and agricultural fund management in Taiwan. Results on the banned additive’s presence in pork expected in two days. Ministry of Health and Welfare to evaluate incident as food safety fears rise. NT$128.3 billion pig farming fund aimed at industry upgrades and environmental improvements. Future plans to sustain industry growth and enhance production efficiency discussed.
2024/03/05 16:37
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Taiwan’s MOEA to monitor electricity price changes
Stay updated on Taiwan’s economic landscape with the latest news from Minister of Economic Affairs Wang Mei-hua. Discover insights on electricity price fluctuations and their impact on domestic issues, as well as the government’s strategies to address losses incurred by Taiwan Power Company. Explore the projections for economic growth and inflation rates amidst industry recovery and upcoming events.
2024/03/01 15:56
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Taiwan calls for goodwill from China to resume tourism
Taipei (TVBS News) - Taiwan’s Minister of Transportation and Communications, Wang Kuo-tsai, urges China to show goodwill towards resuming tourism and travel between the two countries. The Ministry of Transport and Communications banned local travel agencies from arranging tours to China in early 2024, leading to backlash from the tourism sector. Wang emphasized the government’s commitment to healthy interactions with China and hopes for the return of Chinese tourists to Taiwan. The goal of attracting 12 million international tourists to Taiwan this year remains unchanged, with the potential for two million visits from China, depending on pandemic control. The MOTC will evaluate the impact of the ban on travel agencies and work on solutions. Discussions with airlines will ensure affected travel agencies can refund their clients for booking issues.
2024/02/22 12:01
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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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Hsinchu Mayor Ann Kao faces dual legal challenges
Hsinchu Mayor Ann Kao is set to appear in Taipei District Court on Wednesday, December 27, as the defendant in two separate legal matters. In the morning case, Kao is accused of defamation by Tario Ong, a business professor at Western Washington University, who claimed on social media that Kao’s doctoral thesis contained unreferenced data from the Institute for Information Industry. After Kao reported Ong for aggravated defamation and the prosecutor chose not to indict, Ong filed a countersuit. In the afternoon case, Kao is facing charges of fraudulently claiming assistant fees during her time as a legislator. The Taipei District Prosecutor’s Office has charged Kao with fraudulently obtaining NT$460,030 in wages and overtime pay for her assistants, resulting in charges of embezzlement and forgery. The courtroom may face an overflow of observers from the Hsinchu City Government. The cases are ongoing with further developments pending.
2023/12/27 10:38
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Over 4M people earn less than NT$43K monthly in Taiwan: data
Discover the latest insights from Taiwan’s job market, including the widening income gap, low salary increase expectations for 2024, and varying pay trends across industries.
2023/12/19 18:05
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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
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Hou slams Lai for neglecting academia in ’108 Curriculum’
Kuomintang (KMT) presidential candidate Hou Yu-ih criticizes Democratic Progressive Party candidate Lai Ching-te for disregarding the concerns of industry and academia amid controversies surrounding the 108 curriculum. Hou accuses Lai of prioritizing electoral politics over addressing the weakening of basic subjects in schools and the pressure of academic advancement, which he believes will harm Taiwan’s industries. Hou expresses concern over the decline in academic performance of basic subjects among university students and highlights the dissatisfaction of high school teachers regarding the removal of classical Chinese literature from the curriculum. Hou pledges to reconvene the National Education Conference to address the issues arising from the 108 curriculum if elected and calls on Lai to engage with the controversy rather than avoiding it or exploiting generational divides for political gain.
2023/12/11 20:05
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Wang Mei-hua confirms talks with TSMC on German subsidies
Taiwan Semiconductor Manufacturing Company (TSMC) may face obstacles in establishing a factory in Germany due to a shift in German subsidies. Minister of Economic Affairs Wang Mei-hua has confirmed that the German government is actively addressing the budget issues involved. The recent ruling by Germany’s Federal Constitutional Court, which deemed the diversion of pandemic funds for the "Climate and Transformation Fund" unconstitutional, has raised concerns about the fulfillment of financial promises to TSMC and other tech giants like Intel Corporation. If Germany decreases its subsidies, TSMC may need to renegotiate or even abandon its plans for the factory. The Taiwanese government is closely monitoring the situation and is prepared to provide support if necessary. This investment dispute has significant implications for the global supply chains and the semiconductor industry, as TSMC’s advanced semiconductors are in high demand worldwide.
2023/12/06 18:51
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CNFI to host economic forum with presidential hopefuls
The Chinese National Federation of Industries (CNFI) will host the "2023 Taiwan Economic Development Forum — Dialogue with Future National Leaders" on Nov. 27, 29-30. The forum aims to address critical issues for Taiwan’s economic development, including industrial development, energy, environmental protection, labor force, taxation, international trade, cross-strait economic relations, long-term care, and social insurance. Key candidates for the upcoming presidential election, including Taiwan People’s Party (TPP) Chairman Ko Wen-je, Kuomintang (KMT) New Taipei Mayor Hou Yu-ih, and Democratic Progressive Party (DPP) presidential candidate Lai Ching-te, will present their policies and participate in discussions. The forum will be presided over by CNFI Chairman Matthew F.C. Miau, Chinese National Association of Industry and Commerce (CNAIC) Chairman Thomas Wu, and General Chamber of Commerce of the Republic of China (ROCCOC) Chairman Paul Hsu. The event will take place at the Taipei International Convention Center (TICC).
2023/11/24 18:10
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Chicken producers push for enhanced labeling regulations
Taiwanese chicken producers are pushing for stricter labeling regulations for chicken and egg products, similar to those in place for pork and beef. The proposals include labeling the origins of these products in dining establishments. Chen Yu-che, Chairman of the Taichung City Poultry Association, has been advocating for thorough labeling since 2019, particularly for imported chicken. Following the COVID-19 lockdown lift in 2023, there has been a significant increase in imported chicken, reaching 230,000 tons per month, about half the volume of domestic chicken. The government’s importation of large quantities of eggs this year has led to quality issues, prompting industry representatives to call for a review of border management methods and increased inspection rates for imported chicken. Chen emphasizes the importance of clearly stating the origin of imported chicken, disclosing slaughter dates for chicken in the consumer market, and specifying the type of meat used on menus at dining establishments.
2023/11/13 11:55
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MOEA ensures sufficient land for semiconductor industry
The Ministry of Economic Affairs (MOEA) reassures that Taiwan has sufficient land for the semiconductor industry, despite concerns over shortages in land, water, energy, labor, and talent. Media reports claimed that Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) had abandoned its Longtan plant, highlighting potential issues in the semiconductor industry. However, the MOEA states that it is actively working on land allocation and expansion plans in science parks and industrial parks. The government aims to meet all land requirements for industry expansion and new factories, while providing full services to manufacturing businesses. The MOEA is fully committed to assisting semiconductor companies in developing in Taiwan, with the goal of maintaining Taiwan’s dominant role in global semiconductor manufacturing.
2023/11/09 15:05
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NDC Minister addresses inauguration of Talent Taiwan
The National Development Council (NDC) Minister, Kung Ming-hsin, spoke at the inauguration press event for Talent Taiwan, emphasizing its commitment to attracting global talent and addressing issues related to living and education in Taiwan. The center aims to provide one-stop services and will launch an exclusive website by the end of the year. The NDC is actively working to strengthen international talent recruitment to meet industry demands in the post-pandemic era. The NDC’s workforce goals include attracting 400,000 foreign workers by 2030 to position Taiwan as a key global economic powerhouse. In collaboration with the Ministry of Education (EDU), Talent Taiwan plans to attract overseas students for long-term stays, making Taiwan a top destination for studying and career pursuits.
2023/11/02 21:06
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Terry Gou warns Taiwan risks missing next ’golden 30 years’
Independent presidential candidate Terry Gou faces internal and external challenges, including petition issues, joint actions by the Kuomintang and Taiwan People’s Party, and poor poll ratings. The future of his campaign is uncertain as his company, Hon Hai’s subsidiary Foxconn, is under investigation by the Chinese Communist Party’s tax department.
2023/10/27 15:04
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Taiwan offers subsidies to alleviate labor shortage issues
The food service, hospitality, and tourism industries were severely impacted by COVID-19.
2023/07/10 10:49