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McDonald’s across Taiwan now accept e-payment cards

TAIPEI: McDonald’s on Tuesday announced that most of its restaurants across Taiwan can now accept the four main electronic payment cards, and EasyCard is offering free large French fries to those who hold a receipt from a previous McDonald’s purchase for the next two months. On Tuesday, McDonald’s announced that most of its restaurants in Taiwan since March 15 have ... Read More »

Taiwan’s ban on American beef, pork a trade barrier: US report

TAIPEI: Taiwan’s restrictions on imports of pork and beef from the United States remain a major barrier to trade between the two sides, according to a recently released U.S. report that highlights significant foreign barriers to American exports. Taiwan has not followed international standards or a bilateral protocol with the US on the issue of American meat imports, said the ... Read More »

Confidence in Taiwan economy improves in March

Local confidence in Taiwan’s economy improved for a second consecutive month in March as optimism over a possible resolution of the U.S.-China trade war offset concerns over disappointing economic data. In a survey of its clients conducted by Cathay Financial Holding Co. in the first week of March, 26.7 percent of respondents said they expected the economy to improve over ... Read More »

400 7-Elevens in Taiwan stop running 24 hours

TAIPEI (Taiwan News) — Huang Jui-tien (黃瑞典), the general manager of the operator of 7-Eleven Taiwan, President Chain Store Corp. (統一超, PCSC), announced on Tuesday (March 19) that 400 of Taiwan 7-Eleven stores no longer operate for 24 hours a day. After news broke that 7-Eleven is considering ending the practice of keeping its stores in Japan open 24 hours, ... Read More »

Taiwan business not impressed by new China investment law

TAIPEI: Taiwanese business people failed to be impressed by a Chinese promise that its new foreign investment law would also apply to Taiwanese, reports said. Chinese Premier Li Keqiang (李克強) said at a news conference Friday that the law, passed earlier in the day, would also be valid for investors from Hong Kong, Macau and Taiwan, the Central News Agency ... Read More »

Taiwan, Eswatini ink 6-year US$12.7 million MOU on health care improvement

Taiwan and Eswatini concluded a six-year US$12.7 million memorandum of understanding on health care improvement in the African nation, according to the Ministry of Foreign Affairs March 13. Signed by ROC (Taiwan) Ambassador Jeremy H. S. Liang and Eswatini Minister of Health Lizzy Nkosi in the capital Mbabane, the pact will see Taipei Medical University Hospital cooperate with various partners ... Read More »

Taiwan Central Bank Governor suggests rate pause amid mild inflation outlook

TAIPEI: Taiwan’s Central Bank Governor Yang Chin-long (楊金龍) suggested at a legislative finance committee on Thursday that interest rates would remain unchanged in the bank’s upcoming rate-setting meeting. The bank’s next rate-setting gathering is scheduled for March 21. The country’s rediscount rate has been kept at 1.375% for 10 straight quarters. Yang cited major forecast reports, which expect the rate ... Read More »

Taiwan Power Corp. to pay GE US$158 million over 4th nuclear plant

TAIPEI: According to an arbitration ruling, the Taiwan Power Corporation will have to pay General Electric Co. (GE) US$158 million (NT$4.8 billion) over the closure of the fourth nuclear plant, reports said. The projected plant, in the New Taipei City district of Gongliao on Taiwan’s north coast, was mothballed in 2015 before it even started operating following years of protests. ... Read More »

Taiwan’s StarLux Airlines buys 17 Airbus A350 aircraft

Recently established StarLux Airlines (星宇航空) will sign a contract this month to buy 17 Airbus A350 passenger aircraft, reports said. StarLux was officially founded last year by former EVA Air Chairman Chang Kuo-wei (張國煒) but will not start flying until January next year, with high-income travelers as its target. Under the deal with Airbus, the airline will buy 12 large ... Read More »

Japan startups bring prototyping home from Shenzhen and Taiwan

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Taipei’s export orders down year-on-year for 3rd straight month in January

Taiwan continued to feel the pinch of weakening global demand, reporting the third consecutive month of year-on-year decline in export orders in January, the Ministry of Economic Affairs (MOEA) said. According to data compiled by the MOEA, export orders placed with Taiwanese firms in January fell 6.0 percent from a year earlier to US$40.49 billion after a 10.5 percent fall ... Read More »

‘Cat burglar’ flees Taiwan with two kittens

TAIPEI: An alleged cat burglar from Hong Kong reportedly smuggled two stolen persian kittens through Taiwan’s biggest airport by hiding them under her clothes and pretending to be pregnant. The brazen theft prompted the authorities at Taoyuan airport to launch an investigation into how the woman was able to breeze through security without her feline contraband being spotted, Apple Daily ... Read More »

Taiwan COA: Pork sample from Vietnam tests positive for African Swine Fever

TAIPEI: Taiwan’s Council of Agriculture (COA) has announced that it will hold a press conference, Feb. 15, to announce that the African Swine Fever (ASF) virus has been detected in pork products from the nation of Vietnam. The troubling announcement is a very likely indicator that the ASF epidemic in China has crossed the southern border into Vietnam, which will ... Read More »

Pilots’ strike at China Airlines strands passengers in Taiwan

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

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

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

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

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

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

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 »