Premier Chang Chung-hsiung (張俊雄) said he plans to ask the Executive Yuan for a timetable for the implementation of policy decisions made at the Economic Develop-ment Advisory Conference (經發會), local Chinese-language media reported yesterday.
A total of 314 decisions were made by the five panels at the conference, which covers investment, cross-strait, finance, employment and industrial issues.
The news comes following a Monday night dinner meeting at the Presidential Office with President Chen Shui-bian (陳水扁) on how to revive confidence in Taiwan's economy.
At the meeting, Chang and Legislative Yuan speaker Wang Jing-pyng (
Wang said additional meetings of the legislature will be held to process conclusions of the conference.
A general meeting of the conference will be held later this week from Aug. 24 to Aug. 26.
Following the opinions expressed by the two dozen members of the conference, which included five vice chairmen and more than a dozen conveners of the five conference panels, President Chen said the economy's current problem is "a combination of [local] industry restructuring and an international economic recession."
Chen said the proposals made by the conference are meant not only to cure problems in the short term, but will also address long-term and mid-term solutions.
Lai Shi-bao (賴士葆), a New Party legislator and a convener of the conference, said he also made an appeal to the Executive Yuan for a timetable and specifics on cross-strait issues.
Chang said his team would respond quickly to the call for action.
"The Executive Yuan will start reviewing deregulation on executive orders starting this Wednesday. Every week there should be a report submitted by related ministries, and progress will be monitored by the Council for Economic Planning and Development," Chang said.
Wang also set a timetable for the review of the 314 proposals.
"The next session of Legislative Yuan will be held from Sept. 18 to the end of October. Every Thursday, there will be an additional meeting held [for the conference's proposals] and the meeting time will be extended to 10pm."
Wang added that "the Legislative Yuan will do it's best to discuss the proposals which had a consensus at the conference, and finalize the financial supervisory board and an amendment of the public debt law left over from the last session.
"We hope that [all of the policies] can be passed by the end of October."
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”