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Explore the vibrant atmosphere of the 2024 New Taipei Lantern Festival, featuring a stunning 12-meter-high dragon lantern, international and indigenous art displays, and diverse activities for attendees. Join in the celebration of the Year of the Dragon and the Spring Lantern Festival at New Taipei Metropolitan Park.

Taiwan High Speed Rail (THSR) achieved record-breaking success in 2021, transporting 73.08 million passengers and generating NT$49.8 billion in revenue. THSR aims to surpass NT$50 billion this year, attributing its growth to changes in commuting behavior post-pandemic and enhanced services like frequent ventilation for pandemic prevention. The surge in passenger willingness to use THSR has led to increased travel numbers, with a peak of 310,000 passengers in a single day during the Lunar New Year holiday. THSR serves various purposes, including commuting, business, homecoming, and tourism, with 4.02 million people utilizing the high-speed rail for tourism last year. Additional trains and service enhancements have been implemented to encourage passengers to travel during off-peak hours.

Taiwan’s Executive Yuan has signed a Memorandum of Understanding (MOU) with India to facilitate the hiring of Indian migrant workers. The MOU states that Taiwan will determine the sectors and numbers for employment, while India will recruit and train the workers according to regulations. Contrary to online rumors, the plan does not involve the introduction of 100,000 Indian workers. The signing ceremony occurred online between the Taipei Economic and Cultural Center in India and the India-Taipei Association. Taiwan’s Ministry of Labor will submit the MOU to the Legislative Yuan for record and will hold meetings with Indian counterparts to discuss further details. Once all preparations are completed, India will be recognized as a new source of migrant labor, allowing employers to hire based on individual demand. This move is part of Taiwan’s efforts to address issues such as an aging population, decreased birth rate, and labor shortages by developing new sources of migrant labor.

Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.

Don’t miss Ed Sheeran’s first concert in Kaohsiung on February 3rd, with doors opening at 4 p.m. The event will feature an opening act by Calum Scott at 7 p.m., followed by Sheeran taking the stage at 8 p.m. After wrapping up his concert in Japan, Sheeran flew to Kaohsiung to continue his global tour. This historic performance will accommodate over 50,000 fans and required equipment to be shipped from Japan on chartered cargo planes. Sheeran’s record-breaking success in the UK, including the Gold BRIT Billion Award, makes this concert an extraordinary event.

Taiwan’s newly elected Legislative Yuan speaker, Han Kuo-yu of the Kuomintang (KMT), cannot be recalled despite public demands due to existing laws. Unlike district-based legislators, Han, as an at-large legislator, is immune to recall. The announcement of Han’s victory in the legislative speaker election on Feb. 1 triggered a surge of interest in the topic of recall. This is a significant turnaround for Han, who was previously recalled as Kaohsiung Mayor in 2019. His brief 528-day term set a record for the shortest in Taiwan’s municipal history, with an unprecedented 939,090 votes of approval. Han’s actions, including his rapid bid for the presidency after being elected mayor in 2018, and perceived ineffective governance, have garnered significant criticism.

Famed Hong Kong singer Jacky Cheung announces a historic run of nine concerts at Taipei Arena starting May 31, sparking excitement among fans. Cheung, one of Hong Kong’s ＂Four Heavenly Kings＂ of Cantopop, last performed in Taiwan in 2018, making his return highly anticipated. The ambitious nine-show stint in Taipei surpasses his previous record of six shows at the same venue. Despite being over 60, Cheung, known for his marathon of 24 consecutive shows in Hong Kong, believes that with adequate preparation, practice, and passion, a demanding performance schedule is manageable. Cheung’s illustrious career dates back to 1992, and he has been named Asia’s most popular singer by Billboard.

The 11th session of the Legislative Yuan commenced on February 1, with legislators taking their oaths of office under the supervision of Grand Justice Lu Tai-lang. Before the inauguration, the lawmakers gathered for group photos and exchanged congratulations. Following the oath-taking, each legislator signed their pledge, which was then sent to the Judicial Yuan for record-keeping. A group photo was taken to commemorate the occasion. The day’s events also included a vote for the speaker of the Legislative Yuan, with the counting of votes expected to begin at noon. These solemn ceremonies serve as a reminder to legislators of their responsibilities and commitments as representatives of the people.

波蘭有名女子近日成為首位通過「耐寒極限考驗」的女性，她在待在裝滿冰塊的箱子內長達3個小時6分鐘又45秒、成功打破「金氏世界紀錄」（Gguinness World Record），更成為全身與冰接觸時間最長的女性，她也希望藉此鼓勵更多女性參與挑戰。

President Tsai Ing-wen visits forces stationed at Penghu and pledges continued support for the Republic of China Armed Forces. She also inaugurates the renovated Wude Barracks and emphasizes the government’s dedication to revitalizing military dormitories nationwide. The defense budget for 2024 reaches a record high of NT＄600.7 billion, and Tsai inspects military demonstrations by the mechanized infantry battalion of the Penghu Defense Command. The president highlights ongoing defense reforms to establish a leaner and more modern military force and acknowledges the strategic importance of the Penghu force. With the Lunar New Year approaching, she advises officers to stay connected with their families and encourages quality time with loved ones for those on leave.

The beloved rubber duck by Dutch artist Florentijn Hofman has returned to Love River Bay in Kaohsiung after a decade, attracting over 600,000 attendees in the first two days of the exhibition. The event, named ＂2024 Kaohsiung Wonderland,＂ features more than just the two popular inflatable yellow ducks. It includes a bouncy castle, a yellow ball pit, a small train ride, street performances, and a food market. The event will run until Feb. 25. Free park tickets are distributed daily at 2 p.m. at Pier 16-18, with opening hours from 3 to 6 p.m. on Monday to Thursday, and from 3 to 9 p.m. on Friday to Sunday and during the first to fifth day of Chinese New Year. The exhibition has also led to almost record-high single-day light rail usage, with over 137,000 rides in the first two days. Additionally, a duck-themed light show has been created for night-time enjoyment along Love River Bay.

Taiwanese tennis player Hsieh Su-wei and Belgium’s Elise Mertens won the Australian Open women’s doubles championship on Jan. 28. This victory is notable as Hsieh is only the third player in the past 24 years to win both the women’s and mixed doubles titles at the Australian Open. At 38 years and 24 days old, Hsieh is the second-oldest women’s doubles champion in Grand Slam history, just eight days younger than U.S. record holder Lisa Raymond. After an 18-month break due to injury, Hsieh made a triumphant return in 2023, winning the Australian Open, French Open, and Wimbledon. Hsieh and Mertens defeated Lyudmyla Kichenok from Ukraine and Jelena Ostapenko from Latvia in the women’s doubles final with a score of 6-1, 7-5. Hsieh has a total of eight Grand Slam trophies, including seven titles in women’s doubles, but is yet to win a title at the U.S. Open.

The 22nd annual Taiwan International Science Fair opened at the National Taiwan Science Education Center, featuring 630 teachers and students from 27 countries presenting 211 top projects. The fair focuses on international exchange and sharing, with extended event duration to accommodate foreign participants. Activities include expert talks, workshops, a science tour, and a cultural night. Minister of Education Pan Wen-chung praised Taiwan’s young scientists and highlighted the fair’s growing influence as one of Asia’s top science fairs. The event saw a record number of participating nations, demonstrating the ministry’s mission to educate students globally.

LINE Pay, a mobile payment provider, had a successful over-the-counter market debut in Taipei, with shares soaring 195% from the listing price of NT＄348 to a record high of NT＄1030. The company’s financial documents reveal a capital of NT＄600 million and earnings per share of NT＄8.04 in 2022. LINE Pay’s revenue for 2022 reached NT＄3.62 billion, demonstrating consistent growth over the past four years. With over 500,000 payment locations and more than 7 million active users out of 12 million customers in Taiwan, LINE Pay predicts that its revenue will increase to NT＄4.78 billion in 2023. Notably, nearly half of the population in Taiwan are LINE Pay users. In terms of revenue share in 2023, transaction fee income accounted for 83%, financial promotion collaborations for 12%, and marketing product sales for 5%, according to LINE Pay’s statement.

China’s Ministry of National Defense spokesperson, Wu Qian, dismisses the record number of balloons released into Taiwan’s airspace as meaningless hype and denies military involvement. Wu lambasts the actions of the Democratic Progressive Party (DPP) authorities as a tactic to provoke cross-strait confrontation, claiming it is destined to fail. He reiterates that Taiwan’s election is China’s local affairs and that the DPP cannot represent the mainstream public opinion on the island. Wu firmly asserts that Taiwan is a part of China and that the international community adheres to the one-China principle. He declares that the sovereignty and territory of China have never been divided and that Taiwan’s legal status as part of China’s territory has never changed. Wu emphasizes that Taiwan will never be a country, Taiwan independence is not possible, and external forces’ plot to split China will never succeed. He pledges that the People’s Liberation Army (PLA) will defend national sovereignty and territorial integrity as a ＂Great Wall of Steel.＂

Taiwan’s government confirms budget surplus, prioritizes debt repayment and infrastructure investments. Cabinet spokesman Lin Tze-luen expresses gratitude for joint efforts leading to economic growth. Taiwan’s annual tax revenue exceeds target, reaching NT$367.1 billion in fiscal year 2023, marking the third-highest record. Speculation arises on possible cash rebate as government distributed NT$6,000 to citizens in 2022 surplus. Lin Tze-luen declares government will consider public opinion on surplus utilization. Surplus will be applied with fiscal discipline, focusing on debt repayment and infrastructure investments. Efforts will be made to meet national and individual needs for sustainable development.

Global media spotlight on Taiwan’s 2024 elections with TVBS News at the forefront. International collaboration, record-breaking viewership, and insightful analysis.

The pilots of EVA Air, one of Taiwan’s leading airlines, have voted in favor of strike action, marking the fourth labor strike in Taiwan’s aviation history. Previous strikes in Taiwan’s aviation industry include a flight attendant strike at China Airlines in 2016, which lasted three days and resulted in over 100 canceled flights and over 30,000 affected passengers. China Airlines pilots also went on strike in 2019, lasting seven days and impacting over 25,000 passengers. EVA Air flight attendants initiated a strike in 2019 as well, lasting a record 17 days and leading to 1,440 canceled flights and almost 280,000 affected passengers.

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.

58% of part-time workers in Taiwan have faced wage issues, misleading job ads, and illicit contracts, according to a survey by Yes123 Job Bank. The platform advises job hunters to follow a list of ＂seven don’ts＂ and ＂four musts＂ to protect themselves. The survey also found that a record-breaking 87% of university students plan to work part-time over the winter break, with reasons including earning living expenses and gaining social experience. Of the respondents, 65% reported receiving wages lower than the government’s minimum wage, with some not even being insured. Only about 30% actively negotiated or reported these issues. Yes123 spokesman Yang Tsung-pin urged job seekers to prioritize labor rights and work safety.

Taiwan’s 2024 presidential candidates focus on housing issues to win young voters’ support. Opposition parties criticize the incumbent president’s housing track record. Experts raise concerns over rising costs.

Taiwan’s Ministry of Finance clarifies that the property at Lai Ching-te’s permanent residence was not illegally transferred from public to private ownership. The Finance National Property Administration states that land registry data show the property has always been privately owned and has no record of being expropriated from state ownership. Accusations of profiteering corruption against Lai by former legislator Chiu Yi and media personality Mao Chia-ching are refuted by the FNP, which reiterates that the land has been privately owned since 1940 with no records of state ownership or transfer.

Kuomintang (KMT) presidential candidate Hou Yu-ih highlights his achievements in public childcare in New Taipei City, having established 121 facilities, surpassing other major cities in Taiwan combined. Hou criticizes his Democratic Progressive Party (DPP) opponent, Lai Ching-te, for lacking concrete efforts in providing care for children up to the age of 22. Hou also questions Lai’s commitment to waiving high-school fees and granting university subsidies, suggesting irresponsibility towards young people. Additionally, Hou points out Lai’s failure to plan social housing during his tenure as mayor of Tainan, while New Taipei City completed 11,000 units under his leadership.

During a campaign event in New Taipei City, Kuomintang (KMT) vice-presidential candidate Jaw Shaw-kong mistakenly referred to the election day on Jan. 13 as ’Jan. 15.’ He quickly corrected himself, stating that they would be a president-elect on Jan. 15 next year, which received enthusiastic applause from supporters. This is not the first verbal gaffe from Jaw, as he has made other slips of the tongue recently. He called out the rival Democratic Progressive Party (DPP) candidate Lai Ching-te instead of his own party’s presidential hopeful Hou Yu-ih during a policy presentation by the Central Election Committee (CEC). Furthermore, he referred to former KMT chairman Johnny Chiang as a ’terrorist of peace for Taiwan’ instead of DPP presidential candidate Lai Ching-te during a campaign event in Taichung. Jaw also criticized the DPP’s governance record over the last eight years, arguing that their belief in a change of personnel and party now resonated with the DPP itself.

EVA Air, a Taiwanese airline, has announced a record six-month year-end bonus, the highest since its establishment. The bonus will also be distributed to its subsidiaries, including airport services, sky kitchens, and aviation technologies. In addition, EVA Air plans to adjust salaries for employees in 2024, with ground and cabin crew members seeing an average adjustment of NT$5,000 and pilots receiving adjustments ranging from NT$11,000 to NT$20,000 based on their position. However, this announcement comes amidst potential strike action by EVA Air pilots, leading to concerns that the wage increase announcements are an attempt to pacify them. The Taoyuan Flight Attendants’ Union has emphasized the importance of fair distribution of year-end bonuses and salary increases regardless of the proposed pilot action. Rival airlines Starlux and China Airlines have also announced their year-end bonuses, with Starlux providing a one-month bonus and an approved salary increase of NT$2,000, and China Airlines reportedly planning to distribute a three-month bonus (although the union is demanding five months’ worth). In the marine transportation industry, YangMing Marine Transport Corporation has scaled down its year-end bonus from 13 months last year to two months this year due to a downturn in the shipping industry. The shipping corporations’ lower year-end bonuses are attributed to the ＂revenge-travel boom＂ post-pandemic. Other industries with high year-end bonuses include finance, semiconductor, and construction, with 1.83, 1.38, and 1.23 months respectively.