Reported 7 months ago
New Taipei City has collected around 22.5 billion NT dollars in development fees since 2021, but only spent 1.7 billion NT dollars on buying public land, leading Green Party councilor Zhang Wei-Qian to question the city government's priorities. Zhang criticized the city for focusing on capital operations instead of acquiring public facilities, pointing out that the current system needs to be reevaluated to ensure that government land resources are appropriately used for public construction and development purposes.
Source: YAHOO
Reported 7 months ago
Taiwan Stock Market stabilizes at 22,000 points causing a stir among foreign investors who continue to increase their stake in Taiwanese stocks, pouring in over 32.3 billion yuan today and exceeding a total buyout amount of 49 billion yuan for the second day in a row. Foreign investment, self-employed businesses, and investment trusts all bought more Taiwanese stocks today, with foreign investments exceeding 32.05 billion yuan, traders buying over 1.79 billion yuan, and investment trusts adding 540 million yuan, making a total of 34.635 billion yuan of Taiwanese stocks bought by the three major institutions. Observing the trend of the three major institutions, foreign investors have been increasing their investments in Taiwanese stocks for consecutive days, with another 32.3 billion yuan poured in today, adding to the 16.817 billion yuan bought yesterday, totaling 49.122 billion yuan in two days. As a result of the low May inflation data in the United States, the Fed maintaining interest rates and hinting at a potential rate cut later this year, bond yields declining, the US dollar weakening, and US tech stocks hitting new highs, the New Taiwan dollar showed a strong upward trend by a dime during the day, along with the three major Taiwan electronics companies hitting all-time highs. Foreign investors, who flipped from selling over 16.8 billion yuan yesterday, made a strong comeback with a 32.3 billion yuan purchase today, fully buying back all the significant sales made on June 11. Self-employed businesses halted the ten-day selling streak by buying over 21.7 billion yuan of Taiwanese stocks today, while investment trusts continued to buy over 540 million yuan, resulting in a total of 34.635 billion yuan of Taiwanese stocks sold by the three major institutions. The Taiwan stock market opened at 22,217 points today, reaching a high of 22,440 points, and closed at 22,312 points, up by 263 points or 1.19%; TSMC rose by 13 yuan and closed at 919 yuan.
Source: YAHOO
Reported 7 months ago
On June 13, 2024, Keelung City’s Veterans Service Office Director Fang Zheng and Yaoji Food Factory Chairman Chen Lixiang met to discuss future initiatives for employing retired military personnel and reached mutual consensus on employment placement. Fang commended Yaoji Food for hiring many retired military personnel, invited them to participate in counseling sessions, and shared the office's efforts in promoting education, vocational training, and job services to assist in their professional development and facilitate smooth transition to civilian work. Chen expressed welcoming attitude towards retired military personnel joining Yaoji Food, citing good company benefits and stable work environment. The collaboration aims to facilitate job placements for retired military personnel and recruit talents for the company.
Source: YAHOO
Reported 7 months ago
A heated argument erupted between Legislative Yuan Speaker Han Kuo-yu and DPP Secretary-General Zhuang Ruei-hsiung during a meeting discussing parliamentary reform. Zhuang criticized Han for skipping his turn to speak and accused him of abusing his power, leading to a series of heated exchanges including swearing and taunting from both sides. Han eventually stormed out in anger, causing the meeting to be temporarily suspended. The altercation stemmed from disagreement over speaking order and fairness in conducting the meeting.
Source: YAHOO
Reported 7 months ago
Since its debut in Taiwan in 2022, MG has been creating a buzz with its HS and ZS crossover SUVs due to factors like 'manufacturer's suggested retail price' and high cost-performance ratio. The brand introduced its third new vehicle today in Taiwan, the first electric vehicle, MG4, with dual versions priced at 999,000 and 1,189,000, becoming the most affordable electric car in the country. Despite initial doubts, MG's solid product lineup and competitive pricing have made a significant impact in the local market, with the MG4 being a strong contender in the electric vehicle market, equipped with advanced features and performance capabilities.
Source: YAHOO
Reported 7 months ago
With the resurgence of COVID-19, there has been a significant increase in severe cases in Taiwan, with a doctor noting that nearly 60-70% of patients tested have positive rapid tests. Intensive care doctor Su Yifeng pointed out that the key factor behind the major outbreak is the lifting of the mask mandate, leading to many people not wearing masks and increasing exposure to the virus. Su also mentioned the surge of Streptococcus suis, known as the 'cannibal bacteria,' in Japan, attributing it to reduced mask usage and urging the vulnerable populations to continue wearing masks properly. This article also touches on other news such as political controversies and symptoms of COVID-19 becoming indicative of confirmed cases.
Source: YAHOO
Reported 7 months ago
The 2024 mid-year online shopping battle 618 Shopping Festival is heating up! Momo, under the Fubon Media, has expanded and upgraded its '618 Mid-Year Big Sale,' offering new benefits as well as a 'Double Night Owl Upgrade' starting from June 15, with limited-time offers of Mo coins and discount vouchers daily. On June 18, there will even be a special 'Choose One Meal with Certain Spending Amount' deal with choices like McDonald's, FamilyMart, or Lao Lai's Tea House food items. The popular 'Team Up for Rewards' activity with Momo Card unlocking limited-time bonuses now offers up to 9% cashback. Various deals and promotions include fashion items, skincare products, makeup, and more, making it a shopping extravaganza not to be missed.
Source: YAHOO
Reported 7 months ago
Vision Thai's latest work, the Thai horror comedy 'Ghost Cry Cry,' which has become the fourth highest-grossing film in Thailand with a total box office exceeding 130 million TWD, will premiere in Taiwan on July 5th. Referred to as the 'Thailand's Hilarious Chronology,' the film cleverly incorporates Thai dialects and local humor related to social and political events in Thailand, with added collaborations like the 'Uncle Lu's Voice Creation Studio' that worked on dubbing 'The Simpsons' to 'translate' the content in a way that resonates better with Taiwanese audiences, ensuring an entertaining theater experience for viewers.
Source: YAHOO
Reported 7 months ago
On June 10th, in Kaohsiung, residents reported a group of men in white and black clothes causing a disturbance at an intersection, prompting 10 police officers to rush to the scene fearing street violence. It turned out the men were temple-goers gathering to head north on a tour bus for a religious event. After checking everyone's identity, the police left without incident, clarifying that there was no gang activity or illegal behavior involved.
Source: YAHOO
Reported 7 months ago
During questioning at the Legislative Yuan, Taiwan's Ministry of Education Deputy Minister Yeh Bing-Cheng mentioned he only found out about the controversy at Taipei National University of the Arts (TNUA) through Instagram, as pointed out by DPP legislator Wu Pei-Yi. The issue arose when students, frustrated by the lack of maintenance in university dormitories, discovered that the university's president had a newly renovated luxurious office while dorms remained neglected. The long-standing maintenance issues led to students expressing their displeasure on social media. Additionally, it was noted that TNUA had received government subsidies meant for dormitory renovations but had utilized the funds for other purposes. Legislators called for better avenues for student grievances and criticized attempts to cut assistant teaching fees and alter labor agreements for cost-saving measures within the university system.
Source: YAHOO
Reported 7 months ago
林柏昇副業經營的野人火鍋店自2016年開業至今，已有8年歷史，在台北總店以及林口等地開有分店。然而，受到疫情衝擊，林口分店於端午假期宣布收攤。KID在出席活動時表示，目前手上只剩下市民大道、花蓮和三峽三家店，承認台灣難以經營餐飲業的現況。他自嘲自己可能是一直在划船，忽略了店面管理。
Source: YAHOO
Reported 7 months ago
FTNN news reported on June 13 that Taiwan's stock market today surged to a record high of 22,440.10 points before closing at 22,312.04 points, with Yang Ming leading in trading volume at 149,700 shares. Due to the ongoing container market demand and global port congestion, container shipping companies like Yang Ming saw a recent increase in stock prices. However, news of a possible ceasefire between Israel and Hamas caused a downturn for container shipping stocks for two consecutive days. Despite the fluctuations, Yang Ming, one of the 'Container Giants,' surged today, calming investors' worries over recent market trends.
Source: YAHOO
Reported 7 months ago
On June 4, 2024, the House Judiciary Committee of the United States held a hearing on 'Supervising the Department of Justice,' where Attorney General Garland was present. The House of Representatives passed a resolution on June 12, finding Attorney General Merrick Garland in contempt for refusing to hand over the interview recordings by the special prosecutor of the Department of Justice regarding President Biden's mishandling of classified documents. This makes Garland the third Attorney General in U.S. history to be found in contempt by the House of Representatives. The process of being found in contempt by Congress involves various steps including committee resolutions and full House votes, with possible legal consequences ranging from fines to prison time. Previous instances of such contempt include Attorney General Bill Barr and Attorney General Eric Holder.
Source: YAHOO
Reported 7 months ago
Police officer surnamed Lin, aged 28, from Sanxia Precinct was found dead on June 13 after going missing while hiking at Yuan Shan Park. Colleagues recalled his recent brave act in alerting them during a drunk man wielding a knife incident at the station, successfully diffusing the situation. Lin, a graduate of the police academy, lived with his wife in Sanxia District, New Taipei City. The precinct will provide full support to the family in handling funeral arrangements.
Source: YAHOO
Reported 7 months ago
According to Taipei Power Company, a power outage occurred in the afternoons of the 13th in Taoyuan due to strong winds causing bamboo trees to touch high-voltage lines, resulting in an instant power outage near Lane 10, Section 19, Fuda Road in Zhongli District. Power was restored by 3 p.m. affecting 311 households in the area. Residents expressed inconvenience and frustration over three power outages in the afternoon. Taipei Power Company apologized for the inconvenience caused.
Source: YAHOO
Reported 7 months ago
高雄市湖內區一名65歲男騎士於河堤防汛道路不慎撞上樹木後倒臥草叢，送醫搶救無效身亡。警方推測為自摔所致，並在調查中排除外力介入可能性，將進一步調閱監視器畫面釐清事故原因。
Source: YAHOO
Reported 7 months ago
桃園市政府與統一超商7-ELEVEN合作推出夏季限定甜點「拉拉山水蜜桃霜淇淋」，市長張善政親自宣傳該產品，希望透過跨界合作持續推廣在地農產品，讓消費者品嚐到桃園特產的美味。同時，推廣桃園好農計畫，致力於農產品加工及多元化，並透過合作推出水蜜桃霜淇淋，提升當地農民收入。張善政也推動智慧農業，透過導購行銷網站與超市通路推廣更多在地農特產品。
Source: YAHOO
Reported 7 months ago
According to CTWANT Weekly, Taiwan faces the peak season for Japanese encephalitis from May to October, with June and July being the most critical months. The disease is transmitted by mosquitoes mainly found in rice fields, ponds, and irrigation ditches, with peak biting times at dusk and dawn. Severe cases may lead to neurological damage, paralysis, coma, or death. To prevent this, the Hualien County Health Bureau advises vaccination as the most effective method, along with mosquito repellents containing DEET, Picaridin, or IR3535. As of June 12, 2024, Taiwan has confirmed five cases, with reminders to complete the vaccine schedule for young children to ensure protection.
Source: YAHOO
Reported 7 months ago
On June 13, 2024, Taiwan stocks hit a new high with TSMC stock rising to NT$935 per share during trading, pushing the index to 22440 points, closing at 22312 points, also a new high, with a trading volume of NT$517.8 billion. Analysts remain bullish on the market due to solid AI trends despite short-term effects from a potential rate cut by the Fed. Investment managers suggest focusing on Taiwan's strength in the NVIDIA supply chain and potential growth in the market, yet caution investors to watch out for geopolitical factors, the US presidential election, and the Fed's rate stance.
Source: YAHOO
Reported 7 months ago
The blue and white party factions have proposed amendments to the 'Financial Planning Law' after it lay dormant for 25 years. The law determines how central funds are allocated to local governments, with the current distribution favoring the six major municipalities over other cities and counties, leading to criticism of 'rich cities getting richer while poor counties get poorer.' Different parties have suggested various methods for income distribution, with the focus on increasing the budget size for fairer distribution. Amid differing opinions from various regions, the outcome of this potential revision hinges on whether the blue and white parties can leverage their legislative majority.
Source: YAHOO
Reported 7 months ago
In a recent decision by National Taiwan University (NTU), the Medical Department will no longer consider English scores for admissions and will instead consider social sciences. The change will also affect the grading standards, with only Chinese scores being considered. The new system will be implemented starting in the 115th academic year, applicable to current high school freshmen. The decision was made to emphasize social and humanities aspects over English skills due to the evolving societal needs for AI, metaverse, and innovative ideas.
Source: YAHOO
Reported 7 months ago
Internet celebrity Potter Wang recently exposed that around 10 groups of internet celebrities are invited to travel to China for filming, with the Chinese State Council allocating a budget to fund cultural united front activities targeting Taiwan. In response, DPP legislator Lai Jui-lung urged the Taiwan Affairs Office of the Chinese State Council and the CCP to immediately cease such actions. Legislator Hsu Chih-chieh pointed out that China's united front tactics are pervasive, blurring the line between pure culture and political united front efforts.
Source: YAHOO
Reported 7 months ago
In the concept stock market, Genius Friend has been dubbed the 'strongest demon stock.' After being mentioned by NVIDIA's CEO Huang Renxun on June 2, the stock surged for 8 consecutive trading days and hit another limit up today to reach 55 yuan, a remarkable 1.13 times increase from its original price of 25.8 yuan. Despite being placed on the 'disposal list' by the Taiwan Stock Exchange, impacting trading frequency, Genius Friend continued to surge and hit the limit up price of 55 yuan on the second trading day following the announcement. The company also disclosed its strong financial performance with year-on-year profit growth in April and positive outlook on AI revenue. Other mentioned concept stocks include TSMC and Foxconn, which also drew market attention with record highs in their stock prices.
Source: YAHOO
Reported 7 months ago
In the early morning of June 13, 2024, Shen Guanxun drove a car at a speed of 48 km/h in a snow tunnel, where the minimum speed limit is 70 km/h, and was fined by the National Highway Police. The police emphasized on Facebook that slow-moving vehicles should not occupy the inner lane, as it causes congestion and inconvenience to other drivers. The penalty for driving below the minimum speed limit can range from NT$3,000 to NT$6,000 according to traffic regulations.
Source: YAHOO
Reported 7 months ago
As of 2022, IKEA globally witnessed 60,000 resignations due to the irregular schedules, low wages, and high customer-facing stress common in the retail industry, exacerbated by the pandemic. Each resignation costs IKEA $5,000 to cover personnel costs, totaling 16.1 million NTD, prompting urgent measures by the management involving pay raises, flexible working hours, and streamlined workflows. Efforts have shown progress with decreased resignation rates in some locations, but challenges remain in countries like France due to labor disputes. Despite these hurdles, IKEA stands out as one of the few retail companies effectively addressing employee turnover amidst rising resignation rates industry-wide.
Source: YAHOO