Monday , February 18 2019
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Taiwan

Pilots’ strike at China Airlines strands passengers in Taiwan

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SINGAPORE: A shortage of pilots has caused chaos for thousands of passengers during peak travel season in the region, as cockpit crew complaining of overwork extended a strike at Taiwan’s biggest carrier to a fourth day. Flights to Bangkok were among those cancelled. Since the pilots’ union of China Airlines Ltd decided to stay away from work starting early Feb ... Read More »

Bank of Taiwan opens branch office in Manila, Philippines

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TAIPEI: The Bank of Taiwan is continuing its expansion into Southeast Asian markets in accordance with the government’s Southbound Policy, in an effort to increase financial links and capital flow between Taiwan and the region. the Bank of Taiwan held an opening ceremony for a new representative office in Manila, Philippines. The offshore banking office is expected to become a ... Read More »

Economic minister hails new Google investments in Taiwan

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TAIPEI: In a video posted to the Ministry of Economic Affairs Facebook page on Jan. 27, Taiwan’s economic minister Shen Jong-chin (沈榮津) flaunted a series of new investments from Google to encourage citizens to keep their faith in the Taiwanese government and economy. Shen says Google’s three main investment areas are significant for multiple reasons. First, he stated, its purchase ... Read More »

AmCham Taipei: businesses less confident in Taiwan’s economy for 2019

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TAIPEI: Results from the American Chamber of Commerce (AmCham) in Taipei’s 2019 Business Climate Survey reveal companies are less confident in Taiwan’s economic outlook over the next 12 months compared to last year. The survey polled senior representatives from some of the 500 largest corporations currently operating in Taiwan. The results were presented in a press conference at the commerce ... Read More »

Woman attempts to smuggle 24 gerbils into Taiwan under her skirt

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A woman has been caught trying to smuggle 24 gerbils into Taiwan under her skirt. Border patrol stopped the woman in Kinmen on Friday after they discovered her walking awkwardly and wearing a puffy skirt that was an “abnormal size.” The 60-year-old revealed that she had placed the rodents in plastic bags and strapped them to her legs. Images from ... Read More »

Over 80% reject ‘two systems,’ poll finds

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More than 80 percent of Taiwanese do not accept the “one country, two systems” formula and a majority reject the existence of the so-called “1992 consensus,” a survey published yesterday by the Cross-Strait Policy Association found. Asked whether they supported Chinese President Xi Jinping’s (習近平) proposal of a “one country, two systems” model for unification, which would make Taiwan a ... Read More »

Taiwan to bar foreign passengers smuggling meat, Jan. 2019 the soonest

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TAIPEI: In the wake of growing violations of meat being brought into Taiwan by passengers arriving from other countries, Taiwan’s Council of Agriculture (COA) is slated to implement new rules to bar offenders from entering the country from as soon as January of 2019. A total of 104 cases of meat from areas infected with African swine fever being seized ... Read More »

Two Taiwanese arrested in India for allegedly smuggling gold

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Two Taiwanese nationals were recently arrested in India on suspicion of gold smuggling when law enforcement officers waited for them to pick up parcels that had gold inside, according to sources. Customs officials detected 86 wrapped parcels that contained nine kilograms of gold worth $33 million rupees (US$468,000), and then informed the person to whom the parcels were addressed that ... Read More »

Taiwan strengthens protection against African swine fever contagion

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TAIPEI: In order to prevent African swine fever disease from spreading throughout Taiwan, Premiere Lai Ching-te (赖清德) on Dec. 17 instructed the Council of Agriculture to establish an emergency operation center to fight against the ongoing epidemic of African Swine fever. At a press conference today, spokesperson of the Executive Yuan, Ting Yün-kung (丁允恭) pointed out that, in a meeting ... Read More »

Indian man charged in alleged human smuggling operation

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NEWARK: Federal authorities say an Indian national conspired to smuggle foreign citizens into the U.S. on commercial airline flights. An indictment unsealed Monday alleges Bhavin Patel was part of a smuggling operation that recruited Indian nationals and others who would pay fees to be smuggled into the U.S. The indictment says an undercover officer posing as a smuggler met Patel ... Read More »

Taipei Customs officers seize 3,043kg of smuggled meat

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Taipei: Taipei Customs officers seized 3,043 kilograms of meat products brought into the country by passengers arriving from foreign countries between August and November as African swine fever (ASF) continues to spread in China, according to data released Tuesday by Taipei Customs. In response to the continued smuggling of meat products into the country, the Legislature passed on Nov. 30 ... Read More »

Two Taiwanese arrested in India for allegedly smuggling gold

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Two Taiwanese nationals were recently arrested in India on suspicion of gold smuggling when law enforcement officers waited for them to pick up parcels that had gold inside, according to sources. Customs officials on Nov. 22 detected 86 wrapped parcels that contained nine kilograms of gold worth $33 million rupees (US$468,000), and then informed the person to whom the parcels ... Read More »

Taiwan’s Underdog City Is Reborn in China-US Trade Spat

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One of the biggest beneficiaries of the clash between the US and China may turn out to be a gritty Taiwanese town called Taoyuan. The former Japanese enclave west of Taipei had long suffered as local companies shifted factories to the mainland to benefit from lower wages and globalizing trade. But with tensions escalating between the world’s two largest economies, ... Read More »

Taiwan’s industry has entered era of socially responsible investment

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TAIPEI: At the Global Corporate Sustainability Forum held in Taipei this week (Nov. 22-23), the Secretary General of the Taiwan Academy of Corporate Sustainability, Yung-Shuen Shen, and the Senior Executive Vice President of the Taiwan Stock Exchange, Rebecca Chen shared an optimistic view on Taiwanese industry and the countries commitment to corporate sustainability. “Taiwan has already entered an era of ... Read More »

Xi woos Pacific islands to curb Taiwan’s influence

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Chinese leader Xi Jinping will sit down with seven Pacific island allies Friday, doling out attention and perhaps some largesse in the hope of convincing more nations to drop recognition of Taiwan. While countries have vied for resource contracts and influence along vital Pacific shipping routes, the region has also become a frontline in the diplomatic war between Beijing and ... Read More »

Foreign investors oversold NT$31.24 billion Oct

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TWSE announced today that the securities net oversold position by foreign investors was NT$31.24 billion during the week.This represented the difference between NT$146.12 billion securities bought and NT$177.36 billion securities sold. The accumulated net oversold position by foreign investors, during the period year to Oct 2018, was NT$ 308.86 billion. This represented the difference between NT$ 6,901.92 billion securities bought ... Read More »

3 Taiwanese arrested in South Korea for drug smuggling

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Seoul: South Korean authorities have arrested six members of a drug trafficking syndicate, including three Taiwanese, in connection with smuggling 112 kilograms of methamphetamine into the country, a source from Taiwan’s representative office in Seoul said Monday. The case was cracked through the joint efforts of South Korean police, intelligence and customs authorities and Taiwan’s Criminal Investigation Bureau, according to ... Read More »

Foreign investors oversold NT$41.45 billion Oct.15-19

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TWSE announced Monday that the securities net oversold position by foreign investors was NT$41.45 billion during the week of Oct. 15~Oct. 19, 2018. This represented the difference between NT$155.06 billion securities bought and NT$196.51 billion securities sold. The accumulated net oversold position by foreign investors, during the period year to Oct. 19, 2018, was NT$ 277.62 billion. This represented the ... Read More »

181 caught smuggling Chinese meat into Taiwan during Sept.1-Aug.14

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TAIPEI: From Sept. 1 to Oct. 14, 181 people were caught trying to smuggle illicit Chinese meat products into Taiwan, the Bureau of Animal and Plant Health Inspection and Quarantine (BAPHIQ, 農業委員會動植物防疫檢疫局) said in a statement on Oct. 15. The bureau said that 25 people were fined the maximum penalty of NT$15,000 (US$486) while the rest were fined NT$3,000. Taiwan ... Read More »

Philippines arrests Taiwanese for drug smuggling

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Philippine police early yesterday arrested four people, including three Taiwanese, on suspicion of smuggling drugs and ingredients, in a joint effort with Taiwanese authorities. Based on information provided by the Ministry of Justice’s Investigation Bureau, a Philippine Drug Enforcement Agency-affiliated team under the Philippine National Police inspected a fishing boat in a village in Infanta, Quezon Province, about 138km east ... Read More »