The Bureau of Foreign Trade yesterday said China had taken Taiwan off of its food-and-beverage import watch list, which contained more than 800 Taiwanese products because of the di(2-ethylhexyl) phthalate, or DEHP, scare last year.
However, Singapore and Malaysia still need Taiwanese exporters to show product safety certifications, it added.
In the middle of last year, Taiwanese manufacturers were engulfed in a national food crisis after some of their products were tested positive for DEHP.
Yu Shen Chemical Co (昱伸香料) and Pin Han Perfumery Co (賓漢香料) were found responsible for using DEHP, and diisononyl phthalate, or DINP, respectively, as clouding agents they sold to food processors.
As a result, China, Hong Kong, Singapore, Malaysia and South Korea put five categories of food and drinks imported from Taiwan under their watch lists.
Local importers of products in these categories — namely sports drinks, juices, tea drinks, fruit jams or syrups, and tablets or powders — either had to produce “safe for consumption” certificates, or their products would be banned or frequently inspected by customs in these markets.
According to bureau Director-General Bill Cho (卓士昭), China is the latest market to take Taiwan off its watch list.
After Hong Kong and South Korea eliminated Taiwan from the list late last year, China’s General Administration of Quality Supervision, Inspection and Quarantine followed suit on Monday, he said.
The bureau said the Malaysian authorities would consider taking Taiwan off the watch list by Feb. 4 if customs checks find that imports from Taiwan do not contain excessive levels of DEHP.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
‘IMMENSE SWAY’: The top 50 companies, based on market cap, shape everything from technology to consumer trends, advisory firm Visual Capitalist said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was ranked the 10th-most valuable company globally this year, market information advisory firm Visual Capitalist said. TSMC sat on a market cap of about US$915 billion as of Monday last week, making it the 10th-most valuable company in the world and No. 1 in Asia, the publisher said in its “50 Most Valuable Companies in the World” list. Visual Capitalist described TSMC as the world’s largest dedicated semiconductor foundry operator that rolls out chips for major tech names such as US consumer electronics brand Apple Inc, and artificial intelligence (AI) chip designers Nvidia Corp and Advanced
Pegatron Corp (和碩), an iPhone assembler for Apple Inc, is to spend NT$5.64 billion (US$186.82 million) to acquire HTC Corp’s (宏達電) factories in Taoyuan and invest NT$578.57 million in its India subsidiary to expand manufacturing capacity, after its board approved the plans on Wednesday. The Taoyuan factories would expand production of consumer electronics, and communication and computing devices, while the India investment would boost production of communications devices and possibly automotive electronics later, a Pegatron official told the Taipei Times by telephone yesterday. Pegatron expects to complete the Taoyuan factory transaction in the third quarter, said the official, who declined to be
RSS