Miaoli County has launched an initiative to develop a business zone near the future Miaoli high-speed rail station and plans to auction off rights to develop the site next year, a real-estate agent said yesterday.
Sinyi Global Management Co (全球資產管理), a subsidiary of Sinyi Realty Inc (信義房屋), has been commissioned by the Miaoli County Government to hold the auction.
INVESTOR CONFERENCE
Sinyi Global Management will hold an investor conference at the end of this year to brief potential investors on the development of the business zone, which is expected to include an entertainment hub and office and retail spaces.
The firm said the county government is scheduled to release the requirements to potential developers in the first quarter of next year.
Michael Wang (王維宏), a manager with Sinyi Global Management, said the business zone development project includes three pieces of land with a total area of 10.02 hectares.
Developers will be allowed to have a total floor space of about 3.5 times the area of the plot of land, Wang said.
NEW INFRASTRUCTURE
Wang said the Executive Yuan has agreed to provide a subsidy of NT$2.1 billion to improve the living environment around the Beishi River, which flows through the proposed business zone, and build a number of facilities, including a tourist center in the Tulou (土樓) Hakka architectural style.
Wang said he expects the government’s investment to make the development more alluring to potential developers.
The business zone, located about 5km away from Miaoli train station, is expected to serve as an important connection point between the Taiwan Railway Adminisration station and high-speed rail station, as well as a key stop on highways connecting the science parks in Hsinchu and Taichung, he said.
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
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],”
Thousands of parents in Singapore are furious after a Cordlife Group Ltd (康盛人生集團), a major operator of cord blood banks in Asia, irreparably damaged their children’s samples through improper handling, with some now pursuing legal action. The ongoing case, one of the worst to hit the largely untested industry, has renewed concerns over companies marketing themselves to anxious parents with mostly unproven assurances. This has implications across the region, given Cordlife’s operations in Hong Kong, Macau, Indonesia, the Philippines and India. The parents paid for years to have their infants’ cord blood stored, with the understanding that the stem cells they contained
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day