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Volvo停產美國S60轎車

Reported 11 months ago

全新世紀正式展開;2000年1月1日,新西蘭吉斯本市民成為首位看到新千年的人;IMB推出首個閃存驅動器;Volvo停產S60轎車,將專注全新EX90 SUV,EX90是該公司首款全尺寸電動車,擁有近500匹馬力和大約300英里的行駛里程。

Source: YAHOO

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State-Owned Property Office: 10 Land Leases to Be Auctioned on August 12 with a Minimum Price of 3.28 Billion

Reported 11 months ago

The State-Owned Property Office announced the fourth batch of state-owned land leases for auction, including ten plots with a total minimum price of about 3.28 billion yuan, to be auctioned on August 12. The properties are diverse in usage, such as releasing large areas of land in Kaohsiung's prime areas and land in Hsinchu County suitable for financial and insurance industries. The leases range over various areas including Kaohsiung, Tainan, New Taipei City, Taoyuan, Taichung, Hsinchu County, Miaoli County, and Chiayi City, totaling 3.48 hectares. The lease period will be 70 years with an annual ground rent rate of 3.5%.

Source: YAHOO

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US breaks record with 2.99 million air passengers screened in a day

Reported 11 months ago

The U.S. Transportation Security Administration screened a record-setting 2.99 million airline passengers in a single day, with expectations to screen more than 32 million travelers during the 2024 Independence Day travel period, a 5.4% increase from 2023. This comes as major U.S. airlines forecast a record summer travel season with 271 million passengers expected to be transported, up 6.3% from last year, while the Federal Aviation Administration addresses a shortage of air traffic controllers with extended flight requirement cuts at congested New York airports.

Source: YAHOO

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Container Shipping Giants Seeing Profit Surge Ahead

Reported 11 months ago

In the wake of a significant increase in global container shipping rates on June 24, 2024, Taiwan's top container shipping companies - Evergreen (2603), Yang Ming (2609), and Wan Hai (2615) - are all strategically positioned to capitalize on the second wave of bullish market conditions in the shipping industry. Analysts believe that these companies are just entering a phase of substantial profit growth, with the post-pandemic recovery in the global shipping market presenting lucrative opportunities. Yang Ming and Wan Hai are expected to see significant profit increases due to recent upward pricing trends, while Evergreen's dominance in the European market with its 24,000 TEU vessels is enhancing its competitiveness. With Yang Ming's revenue heavily reliant on the North American and European routes and Wan Hai expanding its services in the Asian market, both companies are poised for increased profitability and market share growth.

Source: YAHOO

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Sunshine Maritime: Container Shortage Continues, Strong Q3 Shipping Demand

Reported 11 months ago

Sunshine Maritime (2609) indicated at a press conference that global shipping is still affected by various external factors, with strong demand continuing into the third quarter starting from July, as containers remain scarce. The company mentioned the imbalance in supply and demand, particularly in the manufacturing sector, with shipping prices rising in response to the high demand from Europe and the United States due to end-of-year holiday shipments. The geopolitical situation and container availability uncertainties further complicate the market, with external factors like container shortages, vessel congestion, and port congestion contributing to the confusion in the market.

Source: YAHOO

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Tech Concerns and Market Wrap-Up

Reported 11 months ago

Tech giants like Nvidia led a rally lifting stocks worldwide, with Nvidia's 7% climb after a $430 billion drop. In late trading, FedEx surged around 15% on a positive forecast, and Rivian Automotive gained big with Volkswagen's $5 billion investment. US consumer confidence dipped slightly, while Federal Reserve officials hinted at potential rate cuts. Despite volatility, analysts anticipate the S&P 500 to remain in a 'buy-the-dip' state. Bank of America saw net equity outflows last week, and Commodity Trading Advisors are expected to reduce equity positions. UBS reassured about positive demand signals despite Nvidia's recent correction, and Neuberger Berman views it as a long-term investment. Various corporate highlights and key upcoming events were also highlighted, providing a comprehensive overview of market movements and sentiments.

Source: YAHOO

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高薪挖角!高雄螺絲大廠拚了「留人」蓋員工宅 15年後霸氣免費送

Reported 11 months ago

晉禾螺絲螺帽大廠與高雄都發局合作,在岡山改建員工宅,15年後免費贈送給員工以留才。由於台積電留才高薪,晉禾為挽留技術人才,希望建立員工住宅,吸引人才留在公司。高雄都發局擬修改城市規劃細則,提供50%的容積獎勵,鼓勵企業建造員工宿舍和建商建造住宅並一同捐贈社會住宅。

Source: YAHOO

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Retail and Food & Beverage Industries Thrive in May

Reported 11 months ago

Economic Affairs Department reported that in May, both the retail and food & beverage industries in Taiwan achieved record-high sales, with retail industry's revenue increasing by 2.4% year-on-year, experiencing a 33-month growth streak, demonstrating strong domestic demand. The Deputy Director of the Statistics Department, Huang Weijie, mentioned that the domestic consumption market was active, leading to new highs in both industries' revenues. Wholesale sector also saw growth in May, with a 12.6% year-on-year increase, mainly fueled by the expansion of emerging applications like AI and high-performance computing. There is optimism for continued positive development if unforeseen circumstances do not arise.

Source: YAHOO

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May Industrial Production Index Continues to Rise for a Third Consecutive Month

Reported 11 months ago

Taipei, June 24, 2024 - The Ministry of Economic Affairs announced that the industrial production index for May was 98.2, with a year-on-year increase of 16.06%, marking a third consecutive monthly increase and the highest annual growth rate in 34 months. The semiconductor industry saw a significant 40.99% surge driven by strong AI demand, while the computer, electronic, and optical manufacturing sector also grew by 31.84% year-on-year. Expectations for June indicate a year-on-year growth of 12.5% to 17.3% in the manufacturing industry, with the overall industrial production index forecasted to exceed 10% for the first half of the year.

Source: YAHOO

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National Science Council Chair Urges NVIDIA and AMD to Bring in Talent

Reported 11 months ago

In response to NVIDIA and AMD increasing investments in Taiwan and establishing research and development centers in the country, National Science Council Chair Wu Cheng-wen expressed that they have reached a consensus with the Ministry of Economic Affairs. He has communicated with both companies, expressing the hope to bring in 50% of overseas system talent to assist Taiwan in developing AI application systems and enhance industrial value in Taiwan. Both companies have positively responded, aiming to grow together with Taiwan as President Tsai mentioned building Taiwan as an 'AI island' in her inaugural speech, hoping to apply AI across all industries for development.

Source: YAHOO

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NCSIST Chairman Interview: Wu Cheng-wen - Taiwan's Development of Sovereign AI

Reported 11 months ago

NCSIST Chairman Wu Cheng-wen emphasized the importance for Taiwan to develop Sovereign AI and establish autonomous AI systems, working with international companies to assist industries and service sectors in AI application development. The plan includes a 10-year, NT$300 billion project focusing on advancing Taiwan's IC design sector. Acknowledging the significance of Sovereign AI, Wu mentioned Taiwan's strengths in semiconductors and hardware manufacturing but highlighted the need for independent systems, applications, and services to enhance national security. The goal is for Taiwan to become the 'Island of AI' with its own data centers, computing power, and cloud services to control and leverage data accurately for citizen services.

Source: YAHOO

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National Council for Science to Preview First Draft of AI Basic Law in August, No Infringement of Image Rights Allowed

Reported 11 months ago

The National Council for Science will present the first draft of Taiwan's AI basic law by the end of this year, with a preview scheduled for August and a focus on balancing industry innovation and human rights protection. Following the recent adoption of the AI Act by the European Parliament, the National Council for Science aims to introduce Taiwan's first AI basic law, explicitly prohibiting infringements like image rights. The draft will include regulations on the appropriate use of AI technology to prevent misuse and ensure compliance with existing laws.

Source: YAHOO

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Treasury Secretary Yellen Discusses Inflation and Economy in Yahoo Finance Interview

Reported 11 months ago

US Treasury Secretary Janet Yellen discussed various topics including new housing initiatives and inflation in an exclusive interview with Yahoo Finance. She shared optimism that inflation would come down to the Fed's 2% target next year and highlighted the economy's resilience amidst potential election uncertainties. Yellen also mentioned the impact of tariffs on the economy and the importance of addressing deficits. The interview conveyed Yellen's confidence in the economy and her insights on key economic issues facing the nation.

Source: YAHOO

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Mexico's Fuel Imports Increase, Harming AMLO's Energy Independence Goal

Reported 11 months ago

Mexico's state oil company, Petroleos Mexicanos, saw an 11% rise in gasoline imports in May, hindering President Andres Manuel Lopez Obrador's aim to achieve national self-sufficiency in refining. Despite earlier cuts in fuel imports, the company's struggles persist as they await the completion of the Dos Bocas refinery. Pemex's delays in refinery projects and declining crude production, along with a high debt burden, are impeding Mexico's energy independence efforts.

Source: YAHOO

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Administrative Yuan to Review New Youth Housing Policy Before Making Decisions

Reported 11 months ago

Following the implementation of the 'New Youth Housing Stability and Homeownership Preferential Loan Program' (New Youth Housing Program) which has boosted the housing market but also led to issues such as people acting as intermediaries or subletting, the Administrative Yuan held a review meeting yesterday to assess the current situation. Policies and countermeasures are currently under discussion with plans to clarify and announce decisions to the public in due course. Various measures are being considered to address concerns and improve the implementation of the policy.

Source: YAHOO

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Post-Election US Stocks Up 12%, Taiwan Tech Semiconductors Benefit

Reported 11 months ago

French bank BNP Paribas released a mid-year market outlook, noting more interest rate cuts by central banks next year compared to this year, creating investment opportunities in the forex market. The US Federal Reserve is expected to cut interest rates four times next year, with rates projected to drop to 4.25%. Historically, post-election US stocks tend to rise by 11-12%, benefiting Taiwan's tech and semiconductor sectors. BNP Paribas advises focusing on policy rather than politics ahead of the US presidential election in November, emphasizing that regardless of the election outcome, the US stock market typically experiences growth post-election.

Source: YAHOO

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AI熱潮推升 工業與製造業生產指數連3月正成長

Reported 11 months ago

經濟部統計處發布工業與製造業生產指數連續3月呈現正成長,5月分別年增16.06%、16.7%,受惠於AI和高效運算需求。然而,傳統產業如機械、汽車則轉為負成長,顯示景氣回升步調仍緩慢。產發署持續關懷協助傳產,並展望未來製造業生產指數增幅將拉大,吸引海外大廠前來台灣設資料中心。

Source: YAHOO

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14項「味素藥」退出健保 8月生效

Reported 11 months ago

The Health Insurance Administration of the Ministry of Health and Welfare announced that 14 indicative drugs will no longer be covered by health insurance starting on August 1, in an effort to save approximately NT$278,000. These drugs, mostly digestive enzymes and vitamins known as 'flavoring medicines,' have been a point of contention as their continued coverage by health insurance was criticized despite being for dietary supplements rather than medical treatment. The gradual reduction in subsidized drugs aims to optimize health insurance resources for necessary medical services.

Source: YAHOO

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Controversy over Removal of Listed Medicines from National Health Insurance

Reported 11 months ago

Starting August 1, 2024, Taiwan's National Health Insurance will stop providing coverage for 14 listed medicines while still covering over 800 others. The medical and pharmaceutical industry in Taiwan have differing opinions on this decision. The Pharmacists Association believes that listed medicines should be removed from coverage due to the strain on healthcare resources, while the Physicians Association emphasizes the need for careful evaluation before removing these medicines to prevent burdening patients financially. The debate revolves around the financial implications and accessibility of commonly used listed medicines for the public.

Source: YAHOO

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Pregnancy Transport Subsidy in Taoyuan and Hsinchu City

Reported 11 months ago

Taoyuan recently introduced a 'Good Pregnancy Transport' subsidy policy for pregnant women, providing up to NT$9,000 per person, which has received positive feedback. However, there are challenges during peak hours or rainy days in calling for rides. Hsinchu City's subsidy of NT$6,000 for pregnancy transport can now be used in Hsinchu County as well, pending further discussion. The subsidy in Taoyuan is accessed through a card system for pregnant women registered in Taoyuan, with the program having issued 6,656 subsidies in over 3 months. Hsinchu City also offers transport subsidies for pregnant women and has expanded the service range to postnatal care facilities.

Source: YAHOO

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Criticism on Lack of Maternity Special Transport in Taichung City

Reported 11 months ago

On June 24, 2024, Taichung city councilors suggested allocating subsidies for pregnant women's prenatal check-up transportation expenses to encourage childbirth. Taichung has the lowest childbirth allowance among the six municipalities, with only NT$20,000 per birth. It is the only municipality without a 'maternity special transport' service, while even smaller cities like Pingtung, Chiayi, and Hsinchu have implemented it. Councilors urged the city to follow other municipalities and provide subsidies for maternity special transport, criticizing the lack of action by Mayor Lu Xiu-yan despite Taichung's high marriage rate and being the second in birth rate but declining annually. The city government promised to consider the feasibility of the special transport service next year. Comparison shows Taichung and New Taipei City have the lowest childbirth subsidies among the six municipalities, with proposals to increase support in Taichung.

Source: YAHOO

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Food Poisoning Suspected at Xinyi Hongwu Curry, 10 People Seek Medical Attention

Reported 11 months ago

Xinyi Hongwu Curry at Xizhi Far Eastern Plaza was suspected of causing food poisoning again. The New Taipei City Health Bureau received reports of 2 individuals experiencing diarrhea and discomfort after dining on June 18, with 1 hospitalized, bringing the total to 10 seeking medical care. The restaurant has been notified twice for suspected food poisoning within a year, leading to a temporary closure starting the day before. Samples have been collected for inspection with a focus on salmonella in eggs, and pending results may lead to legal investigations under food safety laws. The operator has apologized, visited the hospital, ceased operations, and undertaken sanitation measures according to the health bureau's advice, such as switching to washed eggs. The Health Bureau requires a successful improvement report and environmental reinspection before resuming business.

Source: YAHOO

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When a Doctor Becomes a Patient's Family Member: SHUH Hospital Neurosurgeon Xin Ming-tai's Experience on Insufficient Care for His Mother's Two Strokes

Reported 11 months ago

Neurosurgeon Xin Ming-tai from SHUH Hospital shared his emotional journey of caring for his mother who suffered two strokes, shedding light on the lack of resources for stroke patients. Despite arranging care, rehabilitation, and long-term care resources, his mother passed away after being bedridden for two years. Xin realized the importance of family support in illness and highlighted the disparities in rehabilitation resources across urban and rural areas, urging the government to allocate more resources for better patient care.

Source: YAHOO

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New Taipei and Taoyuan Set Fee Standards for Individual Cremation of Amputated Limbs

Reported 11 months ago

In Taiwan, there is a traditional belief of leaving the whole body intact after death, but amputated limbs are often classified as medical waste. Amputees have had to either store their limbs in freezers or hand them over to funeral service providers for centralized disposal, as funeral homes seldom offer cremation services for limbs. New Taipei and Taoyuan cities have revised their funeral service facility and fee standards to provide individual cremation services for amputated limbs at a cost of 1,000 NT dollars per cremation, expected to be implemented in July and August respectively. This initiative aims to help amputees have a more 'complete and fulfilling' posthumous arrangement, addressing concerns about not being able to keep their whole bodies after death. Previously, only Kaohsiung in Taiwan offered centralized cremation services for amputated limbs, showing regional disparities. The amendment also allows for the cremated remains to be combined with the individual's body cremation later on for a complete 'whole body burial'.

Source: YAHOO

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Sunshine Action: Old Residential Building in Crisis Due to Severe Exterior Peeling, Netting Installed to Catch Falling Debris, Public Fund Needed

Reported 11 months ago

In the community of Southeast Asian Garden Plaza in Taipei's Gongguan, the exterior tiles have been continuously falling off, prompting the installation of protective nets every two floors, creating an unusual cityscape. The forty-year-old building with 130 units utilizes this temporary solution initiated by the local government to prevent injuries due to falling debris. With no official management committee in place, the responsibility for maintenance and repairs falls on the residents, leading to a call for government assistance through the establishment of a public fund to address the prevalent issue of severe exterior peeling in aging buildings.

Source: YAHOO

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