Category: Taiwan
Development project at center of Ko allegations asks for permit change
Taipei, Jan. 15 (CNA) Core Pacific Development Corp. has asked for a change of building use permit for a redevelopment project allegedly granted illegal concessions by former Taipei Mayor Ko Wen-je (柯文哲). https://focustaiwan.tw/politics/202501150021
Read MoreApproved outbound investment hits new high in 2024
Taipei, Jan. 15 (CNA) With contract chipmaker Taiwan Semiconductor Co. (TSMC) investing huge amounts on building advanced fabs in the United States and Japan, approved outbound investment from Taiwanese firms hit a new high in 2024, the Department of Investment Review under the Ministry of Economic Affairs (MOEA) said Wednesday. https://focustaiwan.tw/business/202501150020
Read MoreHigh Court orders RCA, 3 other companies pay NT$170 million damages
Taipei, Jan. 15 (CNA) Taiwan’s High Court ruled on Wednesday that the Radio Corporation of America (RCA) and three other companies must pay NT$170 million (US$5.14 million) to former workers and family members affected by cancer-causing chemicals used at RCA’s factory in Taoyuan from 1970 to 1992. https://focustaiwan.tw/society/202501150019
Read MoreMND aims to stem exodus of volunteer soldiers with pay raises
Taipei, Jan. 15 (CNA) The Ministry of National Defense (MND) said Wednesday it has proposed pay raises for volunteer enlistees amid reports of a fourfold increase in military personnel opting out of their contracts early. https://focustaiwan.tw/politics/202501150018
Read MoreNvidia’s Jensen Huang to attend opening of new SPIL plant Thursday
Taipei, Jan. 15 (CNA) Taiwan-based IC packaging and testing services provider Siliconware Precision Industries Co. (SPIL) said American artificial intelligence chip designer Nvidia Corp. founder and CEO Jensen Huang (黃仁勳) will visit the company Thursday, to attend the opening ceremony of a new plant in Taichung, central Taiwan. https://focustaiwan.tw/business/202501150017
Read MoreLight snow reported on Yushan
Taipei, Jan. 15 (CNA) A dusting of snow was reported on Yushan, Taiwan’s highest mountain, Wednesday afternoon as temperatures fell to -1.4 degrees Celsius, according to the Central Weather Administration’s (CWA) Yushan Weather Station. https://focustaiwan.tw/society/202501150016
Read MoreTaiwan-made PARUS-T1 CubeSat launched into space orbit: Space agency
Taipei, Jan. 15 (CNA) A CubeSat designed and made by the Taiwan Space Agency (TASA) was launched early Wednesday morning (Taiwan time), carried by a SpaceX Transporter-12 rocket launched from the Vandenberg Space Force Base in California, the United States, TASA said in a news release. https://focustaiwan.tw/sci-tech/202501150015
Read MoreNo charges for owner of mattress involved in fatal motorcycle accident
Taipei, Jan. 15 (CNA) Changhua prosecutors on Wednesday said they had declined to press charges against the owner of a mattress that blew into a road during a typhoon and was struck by a speeding motorcyclist, causing the man’s death. https://focustaiwan.tw/society/202501150014
Read MoreLithuania, Taiwan need to defend rules-based order for survival: Ex-FM
Taipei, Jan. 15 (CNA) Lithuania and Taiwan are “destined to work together” in defending the rules-based order as doing so is “imperative” for smaller nations’ survival, a former top diplomat from the Baltic state said in Taipei on Wednesday. https://focustaiwan.tw/politics/202501150013
Read MoreTaiwan shares under heavy losses on futures-led sell-off
Taipei, Jan. 15 (CNA) Shares in Taiwan fell around 280 points Wednesday as heavy settlement-day selling emerged among foreign institutional investors with large short-position futures holdings, dealers said. https://focustaiwan.tw/business/202501150012
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