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Keyword: taiwaneconomy

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  • Ma Ying-jeou pledges against "Taiwan independence"

    11/11/2013 6:43:20 PM PST · by TexGrill · 4 replies
    Xinhua News Agency ^ | 11/11/2013 | An
    TAIPEI, Nov. 11 (Xinhua) -- Taiwan leader Ma Ying-jeou on Monday said that he will not promote "Two Chinas," "one China, one Taiwan" or "Taiwan independence," inside or outside the island. Ma, also chairman of the Kuomintang (KMT) party, made the comments during a speech at a KMT meeting. He said the relationship between Taiwan and the mainland is not a state-to-state one but a special relationship in many aspects. In his speech, Ma reviewed the KMT's efforts over the last five years since the party returned to power. He described them as "beneficial and tangible for the public in...
  • Strong quake hits Taiwan, sways buildings in Taipei

    10/31/2013 6:56:38 PM PDT · by TexGrill · 1 replies
    Christian Science Monitor ^ | 10/313/2013 | AP
    A strong earthquake hit eastern Taiwan on Thursday, shaking buildings over a wide area including the capital. There were no immediate reports of serious damage or casualties. The US Geological Survey said the earthquake struck at 8:02 p.m. local time and measured magnitude 6.3. It was centered in a remote mountainous area 45 kilometers (28 miles) south-southwest of the coastal city of Hualian at a depth of just 12 kilometers (7.5 miles), it said. In the capital, Taipei, about 150 kilometers (95 miles) from the epicenter, buildings swayed for more than 10 seconds and startled residents ducked for cover. Taiwan's...
  • Tens of thousands march for same-sex marriage in Taiwan

    10/27/2013 11:39:30 PM PDT · by TexGrill · 11 replies
    Reuters ^ | 10/26/2013 | Michael Gold
    (Reuters) - Tens of thousands of demonstrators, many displaying rainbows and glitter, thronged the center of Taiwan's capital on Saturday to press demands to legalize same-sex marriage amid an increasingly tolerant environment on the island nation. Organizers and participants said they were heartened by the prospect of same-sex marriage becoming a reality, despite enduring traditional attitudes among many residents. Taiwan's legislature on Friday began a review of a gay marriage bill, which has the support of 53 percent of the public, according to a recent opinion poll, though acceptance of a gay family member remains low. "Chinese families are still...
  • Mas security strengthened after shoe-hurling attacks (Taiwan)

    10/21/2013 1:19:34 AM PDT · by TexGrill · 1 replies
    Taipei Times ^ | 10/21/2013 | Shih Chih-ju
    President Ma Ying-jeou (馬英九) had yet another close encounter with a flying shoe hurled by a protester yesterday as he attended this year’s Taipei Hakka Yimin Festival in Taipei. Although Ma had security personnel surrounding him at the time, the shoe flew over the guards and landed beside his foot as he was leaving the venue. He was not hurt. Ma also had his speech at the festival disrupted as a protester demonstrated against the government’s land expropriation through forced demolitions in Miaoli County’s Dapu Borough (大埔), shouting “Ma, step down” before being carried away by police officers. In recent...
  • Taiwan reiterates nations claim over disputed Diaoyutais

    10/15/2013 9:07:16 PM PDT · by TexGrill
    Taipei Times ^ | 10/16/2013 | CNA
    A presidential aide yesterday reiterated that the Diaoyutai Islands (釣魚台) and their surrounding waters are an inherent part of the territory of the Republic of China and that territorial disputes should be solved peacefully. “Taiwan has been very clear: The Diaoyutais are an inherent part of the sovereign territory of the Republic of China,” Presidential Office Secretary-General Timothy Yang (楊進添) said at the opening of the Taiwan-US-Japan Trilateral Security Dialogue forum in Taipei. Taiwan has consistently stated that the Diaoyutais issue should be addressed based on the principles of “safeguarding sovereignty, shelving disputes, pursuing peace and reciprocity, and promoting joint...
  • Tactical Taiwan map on CCTV draws concern

    10/15/2013 8:59:30 PM PDT · by TexGrill
    Taipei Times ^ | 10/16/2013 | CNA
    A tactical map of Taiwan shown in a China Central Television (CCTV) report on an ongoing Peoples Liberation Army (PLA) military drill has raised concerns on both sides of the Taiwan Strait, a local news report said. Unidentified Chinese sources were quoted by the Chinese-language United Daily News as saying that CCTV military news reports tend to be carefully selected and should be taken seriously. CCTV reported over the weekend that the PLA started a large-scale exercise codenamed Mission Action 2013B at 7:30pm on Friday. More than 20,000 soldiers from the Chinese army, navy and air force took part in...
  • Broadcast of Chinese military drill reveals map of Taiwan

    10/14/2013 12:26:09 AM PDT · by TexGrill · 1 replies
    Nation ^ | 10/14/2013 | Katherine Wei
    A map of Taiwan appeared in a video feed of Guangzhou Military Area Headquarters during China Network Television's broadcast of a drill by the Chinese People's Liberation Army (PLA) codenamed Mission Action 2013B yesterday. An unnamed source familiar with China's military affairs stated that China has always been attentive to Taiwan's naval affairs and that the Nanjing Military Area Command (MAC) and the Guangzhou Military Area Command are in charge of observing China's southeast seas. The drill was carried out by PLA units stationed in Guangzhou; therefore, it should not be surprising to see a map of Taiwan in Guangzhou...
  • Ma remarks could rule out US intervention: academic (Taiwan)

    10/14/2013 12:07:38 AM PDT · by TexGrill · 1 replies
    Taipei Times ^ | 10/14/2013 | Chen Hui-ping
    President Ma Ying-jeou’s (馬英九) statement that cross-strait relations are “not international relations” during his Double Ten National Day speech has further weakened Taiwan’s sovereignty and was meant as a hint for the US and Japan not to interfere in cross-strait issues, a local academic said. “If by including such words in the National Day address Ma intends to make the cross-strait issue an internal matter and not open to international interference, it would cause serious repercussions in the days to come,” said Wong Ming-hsien (翁明賢), director of Tamkang University’s Graduate Institute of International Affairs and Strategic Studies. Pointing to the...
  • US Congress members back Taiwan-US trade pact

    10/13/2013 7:31:57 PM PDT · by TexGrill · 5 replies
    Taipei Times ^ | 10/14/2013 | CNA
    Nine members of the US Congress have issued statements or certificates congratulating the Republic of China on its 102nd National Day, with some saying that Taipei and Washington should sign a bilateral investment agreement (BIA) soon, given Taiwan’s importance to the US in the Asia-Pacific region. Some Congress members also proposed that Taiwan be included in the US-led Trans-Pacific Partnership (TPP) and that the two countries conduct more mutual visits by Cabinet members. Representative to the US King Pu-tsung (金溥聰) expressed his gratitude to the Congress members for their congratulations and their support on important issues related to Taiwan-US ties...
  • Taiwan To Tax Cinema Tickets

    10/10/2013 6:40:22 PM PDT · by TexGrill · 1 replies
    Variety ^ | 10/10/2013 | Patrick Frater
    BUSAN Taiwan may impose a 5% tax on all cinema tickets sold in the island territory. The proceeds will be channeled into a fund to help support the local movie industry. The proposal was put forward Wednesday by the Ministry of Culture at a meeting with local film-makers and industry bodies. The ministry positioned the move as an amendment to the existing Motion Picture Act. It said that the tax would be levied on ticket sales for all films, domestic and foreign. The support fund would provide subsidies for Taiwanese film-makers and screenwriters, and encourage them to make more...
  • Taiwans actions at APEC flawed: DPP

    10/09/2013 11:45:04 PM PDT · by TexGrill · 1 replies
    Taipei Times ^ | 10/10/2013 | Chris Wang
    President Ma Ying-jeou’s (馬英九) administration’s participation in the APEC summit has restricted Taiwan’s strategic options and international engagement with its sole focus on cross-strait relations at the annual meeting, the Democratic Progressive Party (DPP) said yesterday. “The APEC summit, one of several international events that Taiwan takes part in as a full member, was supposed to be a setting where Taiwan could actively expand its international visibility and interaction. Unfortunately the Ma administration only approached the meeting as an arena for cross-strait political dialogue,” DPP Chairman Su Tseng-chang (蘇貞昌) said yesterday. Former vice president Vincent Siew (蕭萬長), who represented Ma...
  • Mas approval rating plunges to 9.2 percent (Taiwan)

    09/15/2013 9:04:51 PM PDT · by TexGrill · 3 replies
    Tapei Times ^ | 09/16/2013 | Chris Wang
    President Ma Ying-jeou’s (馬英九) approval rating hit a new low of 9.2 percent, the first time the rating has dipped to to single-digits, in a public opinion poll released yesterday amid widespread public dissatisfaction with Ma’s role in ongoing political strife within the Chinese Nationalist Party (KMT). Only 9.2 percent of the respondents said they were satisfied with Ma’s performance in his second term, which began in May last year, while 80.5 percent of those polled disapproved of his performance and 10.3 percent declined to comment, according to the poll conducted by ERA Survey Research Center, a subsidiary of ERA...
  • Former vice president Lu calls on Ma to step down (Taiwan)

    09/15/2013 8:59:33 PM PDT · by TexGrill · 4 replies
    Taipei Times ^ | 09/16/2013 | Chen Ching-min
    Former vice president Annette Lu (呂秀蓮) yesterday issued an online statement urging President Ma Ying-jeou (馬英九) to step down and take responsibility for his poor governance and autocratic actions regarding the revocation of Legislative Speaker Wang Jin-pyng’s (王金平) Chinese Nationalist Party (KMT) membership. She called on members of the public to show their concern about the country’s future by joining a “civic alliance to recall Ma.” During his five years serving as head of state and commander-in-chief, Ma has not lived up to the presidential vows he recited during his inauguration, Lu said in a statement posted on her Facebook...
  • US to push for role for Taiwan in world civil aviation body

    09/11/2013 9:34:26 PM PDT · by TexGrill · 1 replies
    Taipei Times ^ | 09/12/2013 | CNA
    Taiwans inclusion in the International Civil Aviation Organization (ICAO) is a public safety issue and the US will take all possible measures to push for results, US House Representative Ed Royce said on Tuesday. Royce, a Republican congressman who chairs the House Foreign Affairs Committee, said Taiwan needs to be able to take part in the ICAO to gain access to the organizations safety rules. This is important because Taiwan Taoyuan International Airport is a major transit hub and the country has been admitted to the US visa waiver program, Royce said. There is no reason to exclude Taiwan from...
  • Civic groups label AEC nuclear power safety drills a farce (Taiwan)

    09/11/2013 9:25:43 PM PDT · by TexGrill
    Taipei Times ^ | 09/12/2013 | Lee I-chia
    Civic groups and environmentalists yesterday criticized an emergency safety drill organized by the Atomic Energy Council (AEC) as being merely an act and questioned whether the safety measures would prove sufficient in the event of a real accident. The AEC held the two-day safety drill at the Ma-anshan Nuclear Power Plant in Ma-anshan (馬鞍山), Pingtung County, on Tuesday and yesterday The safety drill used the 2011 Fukushima Dai-ichi nuclear disaster as a reference and had the disaster scenario set as a magnitude 8.2 earthquake in the Manila Trench, causing a huge tsunami to flood the coast of southern Taiwan, cutting...
  • Taiwan's Ma forces out speaker of parliament in lobbying scandal

    09/11/2013 9:19:21 PM PDT · by TexGrill · 2 replies
    Reuters ^ | 09/11/2013 | Reuters
    (Reuters) - Taiwan President Ma Ying-jeou forced out speaker of parliament, widely seen as the government's second most powerful figure, over accusations of illegal lobbying on Wednesday, a move that could usher in a period of political instability. Wang Jin-pyng's expulsion was decided by a disciplinary committee formed by the ruling Kuomintang (KMT), or Nationalist Party. The move strips him of his party membership and removes him from his position as head of Taiwan's legislature. Some analysts say the move could hit the island's financial markets, predicting its TAIEX index could drop to as low as 7,800 points from 8208.99...
  • Taiwans robotic extravaganza

    09/03/2013 7:15:57 PM PDT · by TexGrill · 1 replies
    EuroNews ^ | 09/03/2013 | EuroNews
    The International Robotics fair in Taiwan features the latest in interactive futuristic design. In between the showcase, competitions and various workshops, around 300 different exhibitors from around the world flaunted their hardwares. Some focussed on entertainment, while others put the onus on care. Amongst the techno-treats on show, an exoskeleton robot the first self-developed robot of its kind in Taiwan proved a favorite with punters. Built to help reduce the wearers lower-limb loading and generate movement, it can support walking, standing and sitting. As Wu Cheng-Ha, of the Industrial Technology Research Institute of Taiwan explained, it has the...
  • Ancient art of knife massage helps Taiwanese stay sharp

    08/25/2013 7:40:02 PM PDT · by TexGrill · 11 replies
    BBC News ^ | 08/24/2013 | Cindy Shiu
    In Taiwan, an unusual kind of massage is given - to those who are brave enough. Knife massages date back more than 2,000 years to China, where they originated. Now Taiwan is one of the few places where they are still practiced. Cindy Sui put herself on the chopping block at a knife massage parlour to give the treatment a try.
  • Taiwan Jones trying position switch for Raiders

    08/18/2013 11:37:20 PM PDT · by TexGrill · 3 replies
    Fox Sports News ^ | 08/18/2013 | AP
    Taiwan Jones' NFL career got off to a slow start when a variety of injuries and the inability to hold onto the ball kept him off the field for much of his first two seasons with the Oakland Raiders. Now the former running back with sprinter's speed is getting a second chance at establishing himself as an NFL player following a position switch to cornerback. While his coverage skills are still a bit raw after not playing cornerback since his freshman year at Eastern Washington, Jones still has that blazing speed that tantalized the Raiders those last two years. Combined...
  • Rights group slams conditions at Taiwan iPhone factory

    07/30/2013 7:05:37 PM PDT · by TexGrill · 4 replies
    France24 ^ | 07/30/2013 | AFP
    A labor rights group Monday accused a Chinese company that makes iPhones for Apple Inc. of abuses including withholding employees pay and excessive working hours. China Labor Watch said it found violations of the law and of Apples pledges about working conditions at factories operated by Pegatron Corp., a Taiwanese company. Conditions in Chinese factories that produce iPhones and other popular Apple products have been under scrutiny following complaints about labor and environmental violations by a different supplier, Taiwans Foxconn, a unit of Hon Hai Precision Industry Co. Apple said in a statement it was committed to providing safe and...
  • Taiwan to build pier for warships in Spratlys

    07/30/2013 6:59:54 PM PDT · by TexGrill · 4 replies
    ABS CBN News ^ | 07/31/2013 | Camille Diolla
    MANILA, Philippines - Taiwan has earmarked $110 million for the construction of a pier on Spratlys' Taiping Island, which the Philippines has also laid claims, set to be completed by 2015. The new project can hold frigates, radar-evading corvettes and Taiwanese Navy's Kuang Hua VI-class missile boats, according to reports by Taiwanese media on Monday. Taiping, largest among the Spratlys Islands in the disputed South China Sea, is the only territory that has fresh water. It has been administered by the Taiwanese government officially since the 1970s. Taiwan has long used the potentially oil-rich island as an arsenal with an...
  • Taiwan: The last outpost of old China

    07/26/2013 7:36:36 PM PDT · by TexGrill
    Daily Telegraph ^ | 07/26/2013 | Ben Lerwill
    Sometimes, small is everything. In Taipeis exceptional National Palace Museum, I chanced on a case containing a carved olive kernel. It was an unlikely exhibit, the kind that had people tilting their heads one way, then the other, before peering in closer. Shaped by the evidently steady hands of a master craftsman more than 250 years ago, it portrays a miniature boat, complete with exquisite awning, passengers and rigging. For a tiny piece of fruit matter it is a near-miraculous piece of art. The sculpture was created for the Chinese emperor of the day and, like so much in the...
  • Taiwan Beer serves up tennis ace endorsement

    07/17/2013 7:42:21 PM PDT · by TexGrill · 11 replies
    China Post ^ | 07/17/2013 | CNA
    TAIPEI -- Taiwanese tennis star Hsieh Su-wei has reached a preliminary agreement with Taiwan Tobacco & Liquor Co. (TTLC) to endorse Taiwan Beer. The deal, which will reportedly pay Hsieh NT$5 million (US$167,712) a year, could be signed by the end of the month at the earliest, TTLC Chairman Hsu An-hsuan said Tuesday. Under the agreement, Hsieh will wear the Taiwan Beer logo during her matches and shoot commercials pitching the product. Hsieh's visibility skyrocketed after she became the first Taiwanese to win a Grand Slam tennis title when she and partner Peng Shuai of China won the women's doubles...
  • Taiwan exports rise 8.6%

    07/08/2013 9:12:08 PM PDT · by TexGrill · 3 replies
    The Star ^ | 07/09/2013 | Reuters
    TAIpei: Taiwans exports grew nearly four times faster than expected in June, boosted by brisk electronics shipments and sales to China and Japan, but analysts cautioned that momentum might not sustain.
  • Taiwan is not sovereign nation: former premier

    07/02/2013 12:27:05 AM PDT · by TexGrill · 3 replies
    Taipei Times ^ | 07/02/2013 | Shih Hsiu-chuan
    Rejecting the term “Taiwan” as the nation’s name, former premier Hau Pei-tsun (郝柏村) said yesterday that Taiwan is not an independent, sovereign nation and that unification between Taiwan and China would eventually happen. The assertions “Taiwan is already an independent country named the Republic of China (ROC)” and “the ROC is Taiwan” are both forms of “self-depreciation,” Hau said when addressing a forum organized by the government-funded Taiwan Foundation for Democracy (TFD). Hau said this kind of rhetoric was a “politically motivated tactic” aimed at “fooling voters.” “They represented a step backward for democracy and have become major obstacles to...
  • Legislature passes new education laws (Taiwan)

    06/28/2013 1:36:53 AM PDT · by TexGrill
    Taipei Times ^ | 06/28/2013 | Shih Hsiu-chuan
    The legislature yesterday voted in favor of the Chinese Nationalist Party’s (KMT) proposal for a 12-year national education program, despite President Ma Ying-jeou’s (馬英九) pledges that senior-high schools and vocational education would be entirely tuition-free from beginning next year, and that all students would be admitted to such schools without entrance examinations. Under the Senior Secondary Education Act (高級中等教育法) and the amendment to the Junior College Act (專科學校法) passed by the legislature yesterday, an economic threshold will be set to exclude students from more well-off households from tuition support if they opt to study at certain senior-high schools. The laws...
  • Terry Gou says finance policy 'out of touch' (Taiwan)

    06/28/2013 1:30:23 AM PDT · by TexGrill · 1 replies
    China Post ^ | 06/27/2013 | Kathryn Chiu
    TAIPEI, Taiwan -- Tycoon Terry Gou yesterday said that Taiwan's finance policies enacted in the last decade are extremely out of touch, describing those finance ministers with diplomas from fancy U.S. business schools as living on another planet. Gou, the chairman of Hon Hai Precision, the world's largest contract electronics maker, was speaking at the company's annual general shareholders' meeting. Asked after the meeting about the annulment of the stock gains tax from transactions, Gou gave some candid comments about the financial policies promulgated by Taiwan over the past decade, ranging from earlier stock bonus taxes to the recent stock...
  • Taiwan struggling to afford social services

    06/25/2013 7:21:39 PM PDT · by TexGrill · 6 replies
    Australia Network News ^ | 06/26/2013 | Australia Network News
    Like many of its neighbours, Taiwan is struggling to deal with increasing welfare obligations as its population ages. By the year 2025, the island state estimates one in five of its people will be elderly. Taiwan's economy has been struggling in recent years - even as China powers ahead - and more people have fallen on hard times. Little has changed in some of the more historical parts of Taipei. Rent is relatively cheap, which makes it more affordable for those Taiwanese struggling financially. Pastor Chen Yuhua provides an outreach program at the Faith Church of Nazareth. "There are more...
  • No economic recovery in sight: Terry Gou (Taiwan)

    06/25/2013 1:14:46 AM PDT · by TexGrill · 1 replies
    China Post ^ | 06/25/2013 | Ted Chen
    TAIPEI, Taiwan -- Citing the impending end of quantitative easing measures in the U.S. and the lagging economic performances of Europe, China, and Japan, Hon Hai Group Chairman Terry Gou said yesterday that he sees no signs of an economic recovery. Gou attributed the gradual economic recovery in the U.S. to three factors: the loosening of monetary policy, the transition toward electronic commerce and the development of shale oil production Funds rendered available during the period of loosened monetary policy led to the recovery from the real estate bubble crisis, while the transition toward electronic commerce helped maintain consumption habits,...
  • Taiwan legislators in brawl over tax

    06/24/2013 11:40:49 PM PDT · by TexGrill · 5 replies
    Inquirer ^ | 06/25/2013 | AFP
    TAIPEI Fighting broke out in Taiwans parliament Tuesday as legislators scuffled and threw coffee during a debate on whether a controversial capital gains tax on share trading should be revised less than a year after it was brought in. Discussions were brought to a virtual standstill after dozens of lawmakers from the ruling Kuomintang party clashed with opposition legislators as both groups tried to seize the chambers podium. TV images broadcast live nationwide showed two angry women legislators scuffling and an opposition parliamentarian spraying coffee at her Kuomintang counterparts. A female legislator from the Kuomintang was also seen bursting...
  • Taiwan offers free Wi-Fi to all tourists

    06/12/2013 7:33:38 PM PDT · by TexGrill · 4 replies
    Daily Telegraph ^ | 06/11/2013 | Jolyon Attwooll
    The island state already has a widespread network of free Wi-Fi access points available to its citizens. Now it has opened up the service to visitors from overseas, the travel news website Skift reports. The government-backed iTaiwan scheme launched two years ago, and now has more than 4,000 hotspots dotted around the island, including the main tourist attractions, transport hubs and government buildings.