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  • Taiwan orders recall of schizophrenia drug ABILIFY

    Taiwan’s FDA announces a recall of Otsuka America Pharmaceutical’s ABILIFY tablets due to contamination concerns after a notification from the U.S. FDA. The recall affects 1.789 million tablets of 5mg and 30mg doses across three batch numbers, used for treating schizophrenia and other disorders, after unclean production lines led to potential mixing with other pharmaceutical ingredients. The Taiwan FDA urges completion of the recall by May 26 and advises patients to seek alternative treatments.
    2024/05/07 18:04
  • Taipei Mayor orders review after Taipei Dome leak incident

    Read about the unexpected rainfall incident at Taipei Dome during a CPBL game, sparking a comprehensive review by Taipei Mayor Chiang Wan-an. Preliminary findings by Farglory Group suggest rainwater overflow as the cause. Stay tuned for updates on the investigation and repair progress.
    2024/04/01 14:32
  • Taipei mayor oders popular restaurant chain to shut down

    Taipei Mayor Chiang Wan-an orders closure of Polam Kopitiam branches due to alleged food poisoning cases. Public concern rises after a tragic incident at a branch in Hsinyi District. Investigation ongoing to determine cause of death.
    2024/03/27 12:11
  • Global system outage affects McDonald’s orders in Taiwan

    McDonald’s Taiwan faces temporary service interruptions due to Internet disruptions affecting transactions, prompting urgent system maintenance. The fast-food giant assures customers of necessary repairs amid widespread systemic failures impacting online and phone-based ordering systems.
    2024/03/15 15:43
  • MOHW orders CWLF to stop admissions amid foster care scandal

    Taipei’s MOHW orders CWLF to suspend new foster child placements following a tragic case. Deputy Minister Lee Li-Fen calls for internal review and supervision improvements. Adoption process for existing children to receive heightened scrutiny.
    2024/03/13 12:41
  • Premier orders crackdown on tainted chili powder scandal

    Premier Chen Chien-jen orders a thorough inspection of chili powder contamination issues in Taiwan, involving multiple government agencies like the Ministry of Justice and MOHW. Over 21,000 kilograms of tainted chili powder distributed to 13 businesses across nine cities are being investigated, with a focus on a food factory in Nantou. Chen calls for stringent measures to remove non-compliant products from shelves and promises robust action against offending manufacturers to safeguard food safety.
    2024/03/11 17:23
  • KKTIX refutes claims of unfair IU concert ticket sales

    KKTIX denies rumors of ticket reservation for IU’s concert in Taiwan. IU’s "2024 IU H.E.R. WORLD TOUR CONCERT" in Taipei sees rapid ticket sales, sparking fan anger. Over 95% of tickets were for public sale, with 20,000 tickets sold out in a minute for each of her two shows. The real-name system was implemented to ensure consumer rights, with failed orders put back on sale.
    2024/03/07 11:33
  • System glitch disrupts meal plans: Uber Eats investigates

    Uber Eats faced a system crash on March 5, causing inconvenience for users unable to place orders. The company is investigating the cause and working to restore service. Customers left complaints on Facebook due to the disruption.
    2024/03/05 11:03
  • Lunar New Year dishes’ popularity adds to festive atmosphere

    Kaohsiung’s catering chefs witness a 10% surge in Lunar New Year orders as pandemic restrictions ease, reflecting the festive spirit of the season.
    2024/02/09 12:30
  • Taiwan’s cold snap leads to food delivery dilemmas

    Residents in Taiwan are facing difficulties in getting food delivery services due to persistently low temperatures. The Central Weather Administration issued a cold weather warning, with the lowest temperature dropping to eight degrees Celsius across the country. As a result, many people have chosen to stay indoors, leading to a surge in online complaints about limited delivery options and self-pickup only. Some speculate that couriers are avoiding orders due to the cold weather and low delivery fees, which are as low as NT$30-40 per delivery. This has prompted discussions about the need for higher wages and better working conditions for couriers.
    2024/01/24 15:54
  • Taiwan launches coveted dragon zodiac coins amid frenzy

    Limited edition dragon year zodiac commemorative coins are being sold by Taiwan’s Central Bank, with 45,000 sets available at the Bank of Taiwan’s counters. Queues formed as early as 4 a.m. despite the cold weather, and each buyer can purchase only two sets per turn. Online pre-orders sold out within 3 hours, and the resale price has surged to NT$3,000 from the original price of NT$1,900.
    2024/01/22 12:15
  • Marketech’s record revenues fuel semiconductor market growth

    Marketech International Corp., a semiconductor giant, is set to achieve new operational heights through factory expansion and the promotion of new business ventures, including 2-nanometer projects and advanced packaging. With high-profile orders exceeding NT$60 billion, the company anticipates robust financial health and ambitious expansion plans. In December 2023, Marketech achieved a record monthly growth rate of 12.7% and an annual surge of 13.8%, with consolidated revenue reaching NT$5.63 billion. Furthermore, the company’s accumulated annual consolidated revenue in 2023 reached NT$56.28 billion, marking a growth of 11.7%. These impressive results position Marketech as an emerging player in the global semiconductor market, poised for future growth and expansion through advanced technological strategies.
    2024/01/18 14:58
  • Taiwan leads Asian stocks as foreign funds return

    Foreign investors are showing renewed interest in Asian stocks, particularly in Taiwan, according to a report released on December 25. In the week of December 18 to 22, foreign funds flowed back into Asian stocks, with the Taiwan Stock Exchange attracting NT$643 million. South Korea also saw an influx of NT$602 million. South Korean stocks performed the best, increasing by 1.4%, followed closely by Thailand with a 1.01% increase. Indonesia, the Philippines, and Vietnam also experienced positive growth. However, Taiwan’s stocks unexpectedly fell by 0.44%, despite being favored by foreign investors. India’s stock market also dropped by 0.53% for the week. In terms of overall performance in 2023, Taiwan’s stocks related to the AI supply chain surged 24.47%, surpassing the gains made by India (16.87%) and South Korea (16.24%). Looking ahead, PGIM noted that Taiwan’s industry has already hit bottom, with November’s export orders totaling US$50.63 billion, driven by emerging technologies such as high-performance computing and artificial intelligence.
    2023/12/26 13:54
  • Taiwan sees rise in unpaid leave figures, now totals 9,935

    The Ministry of Labor in Taiwan has reported an increase of 359 employees on unpaid leave since December 18, bringing the total to 9,935. The rise is primarily attributed to the manufacturing sector, which has been affected by a decline in orders. Notably, a sports equipment manufacturing company saw a significant increase of around 170 unpaid leave cases, while the Hsinchu Science Park, known for its semiconductor component manufacturers, reported about 50 workers on unpaid leave. A total of 382 businesses have reduced working hours, impacting 9,935 workers. In the Hsinchu Science Park alone, a semiconductor component manufacturer with a staff of over 600 has implemented reduced shifts for 50 workers. Other industries, such as support services, wholesale, and retail, have experienced relatively minor changes during this period.
    2023/12/25 19:21
  • November export orders mark 1% YoY growth after decline

    Taiwan’s export orders in November reached US$50.6 billion, showing a 1% year-on-year growth after 14 consecutive months of decline, according to the Ministry of Economic Affairs’ Department of Statistics. However, export orders decreased by US$2.24 billion, or 4.2%, from October, with a seasonal-adjusted decrease of 5.4%. Notably, information and communication equipment orders increased by 10% annually to reach US$16.2 billion, ending nine months of negative growth. Electronic product orders also saw a 3.5% annual increase, amounting to US$17.8 billion and ending a 12-month downturn. Despite these positive developments, the overall export orders from January to November showed a decrease of US$97.38 billion, or 15.8%, compared to the previous year.
    2023/12/21 15:00
  • MOE: 1,345 students to transfer amid school closures

    The Ministry of Education (MOE) has announced that 1,345 students from six schools in Taiwan will be required to transfer to other institutions due to the act Governing the Closure of Private Educational Institutions at Senior Secondary or Higher Level. The act, passed last year, gives schools a two-year period to improve, and if they fail to meet the standards, they face orders to stop recruiting students and cease operations. Chung Chou University of Science and Technology and Taiwan Shoufu University have already closed this July, with 310 students transferred to other institutions. Mingdao University, Tatung Institute of Commerce and Technology, Tung Fang Design Institute, and TransWorld University are scheduled to close in July 2024. The MOE plans to conduct briefings on student distribution and placement a semester before the termination of these institutions to ensure a smooth transition. The affected students will be given priority to continue their studies at schools in the same or neighboring counties, and the MOE will assist affected faculty members and staff in finding new employment opportunities. Currently, there are no other private universities or colleges listed for specialized guidance by the MOE.
    2023/12/15 17:21
  • Taiwan’s steel banana craze: Unusual orders baffle Japan

    Discover the mystery behind the surge in orders for steel bananas from Taiwan. Iron Factory Ikeda, a Japanese manufacturer known for unique metalworking, is puzzled about the usage of these peculiar items. Find out why these steel banana-shaped hammers have gone viral online and sparked feverish discussions in Taiwan. Learn about Iron Factory Ikeda’s lineup of steel cutlery, including designs like crabs, oysters, clams, and whelks, which have become a novel trend among Taiwanese consumers.
    2023/12/15 16:53
  • Legislative Yuan passes law linking minimum wage to CPI

    The Legislative Yuan has passed the Minimum Wage Bill in Taiwan, which requires employers to meet minimum wage standards when settling wages with employees. Noncompliance with this law could result in fines of up to NT$1.5 million and public disclosure of the offender’s name. The new legislation mandates the inclusion of the Consumer Price Index (CPI) as one of the key references when determining minimum wage, linking wage adjustments more closely with the cost of living. Previously, adjustments to the basic wage were governed by lesser regulations - the Deliberation Regulations for Basic Wage, which are merely administrative orders and do not guarantee annual wage increases. Labor Minister Hsu Ming-chun welcomed the passage of this legislation, expressing gratitude to labor and employer groups, scholar experts, and legislators from all parties for their support. President Tsai Ing-wen had initially proposed the elevation of the Minimum Wage from an administrative order to the force of law in her 2016 policy plan, but it took seven years for the draft to make its way through the legislative process.
    2023/12/12 16:48
  • Taiwan food delegation eyes Australian market expansion

    The General Chamber of Commerce (ROCCOC) Chairman, Paul Hsu, led a delegation of 16 Taiwanese food suppliers on a mission to tap into the Australian market. The delegation attended business matchmaking events in Brisbane, Sydney, and Melbourne as part of the "Procurement Meetings of 2023 Taiwan Food Industries Delegation to Australia." The objective of this initiative is to enhance the international presence of Taiwanese food products, boost competitiveness, and foster economic collaboration between Taiwan and Australia. Hsu emphasized the complementary nature of Taiwan and Australia’s industries due to their contrasting seasons. The delegation has secured orders worth US$3.7 million so far, and Hsu remains optimistic about further trade opportunities through ongoing communications with Australian distributors.
    2023/12/12 15:46
  • Hotai Motor reports 23,400 vehicle backlog amid sales dip

    Taiwanese distributor Hotai Motor, responsible for TOYOTA and LEXUS, reported a backlog of around 23,400 orders during an earnings call on Dec. 8. Despite an expected slight decrease in sales volume, the outlook remains optimistic. Hotai Motor dominates Taiwan’s auto market with a 33.3% share, as TOYOTA and LEXUS sold a combined total of 144,522 vehicles from January to November. The profit for the first three quarters was driven by the company’s core operations, particularly the more profitable LEXUS brand. With 19,000 pending orders for TOYOTA and 4,400 for LEXUS, the current order book suggests business for the next two months. Hotai Motor’s diversified investees, including Carmax, Hotai Finance, and Hotai Leasing, continue to grow. Hotai Insurance also experienced significant growth, except for the investing channel in China, which was affected by competitive pricing from domestic electric vehicle brands like BYD.
    2023/12/08 17:45
  • Aviation industry faces labor shortage amid travel boom

    This article explores the surge in air travel demand leading to a record number of aircraft orders for Airbus, EVA Air’s major purchase of Airbus aircraft, the challenges in pilot training, and innovative solutions from a Taiwanese university.
    2023/11/29 16:02
  • Taiwan’s car market hits 18-year high in October sales

    Explore the soaring heights of Taiwan’s automotive market in 2023. From electric vehicle demand to the impact of the global chip shortage, discover the key drivers behind the near 18-year sales high and the evolving landscape of car brands in Taiwan.
    2023/11/28 09:34
  • Foxtron marks milestone with record n7 EV model pre-orders

    Foxtron, a joint venture of Yulon Motor’s Luxgen Motor, has received over 9,100 pre-orders for its n7 electric vehicle (EV), making a significant impact on Taiwan’s domestic EV industry. Deliveries of the highly anticipated n7 model are set to begin in mid-January next year and be completed by the end of June. The n7’s pre-order numbers, achieved in just two days, equal three years of total EV sales in Taiwan, signaling a bright future for the EV market. Foxconn CEO Young Liu, leading the electric transformation of the trillion-dollar corporation, sees the increasing global competition in the EV sector as beneficial for Foxconn and its business models. Platformization, modularization, and standardization are key strategies for achieving cost control and timely product launches, which are at the core of Foxconn and Foxtron. The n7 model, benefiting from the shared platform provided by Foxtron, enjoys a competitive edge in cost, aligning with Foxconn’s global EV aspirations. The success of Foxtron’s n7 could potentially usher in a new era for Taiwan’s presence in the international EV landscape as the demand for sustainable transport continues to grow.
    2023/11/22 20:38
  • Tourism Administration orders hotel to adjust booking system

    Taiwan’s Tourism Administration has requested a hotel near Sun Moon Lake in Nantou County to adjust its reservation system. The hotel’s online reservation system was found to be in Simplified Chinese and listed the hotel’s address as "China Taiwan" instead of Taiwan. The Tourism Administration has instructed the hotel to ban the use of "China" and provide a Traditional Chinese interface. The hotel management clarified that it is 100% Taiwanese invested and partnered with Wyndham Hotels & Resorts to attract more tourists. The appearance of "China Taiwan" on the reservation system was due to linkages with the Wyndham booking site, which is overseen by China for the Asia Pacific region. The Nantou County Government Tourism Bureau has jurisdiction over the hotel, which began trial operations in August and is set to officially open in January next year.
    2023/11/22 19:41
  • TSMC sees orders hike as October revenue hits record levels

    Taiwan Semiconductor Manufacturing Company (TSMC) predicts a surge in artificial intelligence (AI) orders in the coming year, with October’s revenue reaching NT$243.203 billion ($8.6 billion), a 34.8 percent monthly increase and a 15.7 percent annual increase. TSMC’s stock price has also been on a steady rise, accumulating a growth of 7.5 percent since November. Morgan Stanley semiconductor research analyst Charlie Chan attributes TSMC’s revenue growth to signs of recovery and the robust demand for AI semiconductors worldwide. NVIDIA’s expanded order to TSMC, along with increased demand from clients like Apple and Advanced Micro Devices (AMD), has led TSMC to accelerate the enhancement of its advanced packaging technology, Chip on Wafer on Substrate (CoWoS). CoWoS enables TSMC to effectively reduce costs and trim electric consumption by packaging chiplets on a silicon interposer and placing them on a package substrate. However, TSMC’s current CoWoS capacity remains a bottleneck for NVIDIA’s AI GPU chips, though the company forecasts a rebound in productivity by the end of 2024 to meet customer demand.
    2023/11/16 21:24
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