NATO MODEL: Boosting defense shows willingness to work with the global community to improve deterrence and maintain peace and stability, the president said
President William Lai (賴清德) yesterday said he hoped defense spending would reach 5 percent of GDP before 2030, a day after the Cabinet announced that next year’s proposed defense budget would hit the highest ratio since 2009.Next year’s defense budget would reach 3.32 percent of GDP, including expen
Nvidia Corp CEO Jensen Huang (黃仁勳) yesterday visited Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), as the chipmaker prepares for volume production of Nvidia’s next-generation artificial intelligence (AI) chips.It was Huang’s third trip to Taiwan this year, indicating that Nvidia’s supply chain
KEY GOVERNMENT POLICY: The ministry said it has also enhanced personnel training, increased inspections and created a task force in a bid to stop illegal re-exports
The Ministry of Transportation and Communications yesterday announced plans to increase fines for origin laundering in free-trade zones to as high as NT$3 million (US$98,087), as part of its response to new US tariffs.The proposed amendment to the Act for the Establishment and Management of Free Tra
Israel’s minister of defense yesterday warned that Gaza’s largest city would be destroyed unless Hamas yields to Israel’s terms, a day after Israeli Prime Minister Benjamin Netanyahu said he would authorize the military to mount a major operation to seize Gaza City.Israeli Minister of Defense Israel
China used an event marking the final stretch before its biggest diplomatic event of the year to accuse the US of “threatening world peace,” in a thinly veiled critique of the rival superpower just before it hosts a key gathering of global leaders.More than 20 foreign leaders are set to attend the a
BUDGET DEFICIT: The central government would see a NT$400bn deficit next year, as revenues are expected to fall to NT$2.86tn and expenditures are to rise to NT$3.035tn
Defense spending is to reach 3.32 percent of GDP next year, Premier Cho Jung-tai (卓榮泰) said yesterday, adding that the planned budget increase underscores the nation’s commitment to safeguarding national security.The proposed defense spending for the next fiscal year, which includes expenditures for
The Supreme Court yesterday rejected an appeal by former air force major Shih Chun-cheng (史濬程) who was convicted of spying for China, finalizing his sentence at two years and two months for contravening the National Security Act (國家安全法).However, another 10-month sentence for an additional charge was
Olympic badminton champion Lee Yang (李洋) has reportedly been tapped to lead the new ministry of sport, although neither the Cabinet nor Lee have confirmed the rumors.TVBS yesterday reported that Lee, who won gold medals in the men’s doubles badminton at the 2020 Tokyo Olympics and last year’s Paris
DENIAL: A spokesperson for the Chinese embassy said the report’s content was ‘groundless,’ but that it was willing to continue to be New Zealand’s friend
New Zealand is facing the toughest national security challenges of recent times, with increasing threats of foreign interference and espionage, particularly from China, an intelligence report released yesterday showed.There was almost certainly undetected espionage activity harming the country’s int
North Korea has built a “secret” military base near its border with China, which might house Pyongyang’s newest long-range ballistic missiles, new research showed.The “undeclared” Sinpung-dong Missile Operating Base lies about 27km from the Chinese frontier, the Washington-based Center for Strategic
CHIPMAKING INVESTMENT: J.W. Kuo told legislators that Department of Investment Review approval would be needed were Washington to seek a TSMC board seat
Minister of Economic Affairs J.W. Kuo (郭智輝) yesterday said he received information about a possible US government investment in Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and an assessment of the possible effect on the firm requires further discussion.If the US were to invest in TSMC, the pla
LUNG TUMORS: Scientists linked carcinogens from tobacco products to lung cancer by matching them to genetic signatures in cancer cells, researcher Chen Yu-ju said
Taiwanese and US scientists have identified sex-specific carcinogens that trigger lung cancer in distinct ethnic groups, a study published in Cancer Cell said.Researchers from Academia Sinica and the US-based National Cancer Institute conducted the study, “Integrative analysis of lung adenocarcinoma
If the Ma-anshan Nuclear Power Plant is restarted and an accident occurs, economic activity in Pingtung County might cease, Pingtung County Commissioner Chou Chun-mi (周春米) of the Democratic Progressive Party said at a protest in Pingtung City yesterday.Chou and representatives of local agricultural,
US President Donald Trump on Tuesday said that US troops would not be sent to help defend Ukraine against Russia, while in London yesterday, British Secretary of State for Defence Jonathan Healey said that the UK is still ready “to consider putting boots on the ground” to shore up any peace deal in
Australian Prime Minister Anthony Albanese yesterday brushed off accusations from Israeli Prime Minister Benjamin Netanyahu that the Australian leader is a “weak politician who had betrayed Israel” by recognizing a Palestinian state.Netanyahu’s rebuke came after an announcement by Albanese on Monday
ENHANCED SECURITY: A Japanese report said that the MOU is about the sharing of information on foreign nationals entering Japan from Taiwan in the event of an emergency
The Ministry of Foreign Affairs yesterday confirmed that Taiwan and Japan had signed an agreement to promote information exchanges and cooperation on border management, although it did not disclose more details on the pact.Ministry spokesman Hsiao Kuang-wei (蕭光偉) said the ministry is happy to see th
NORTHERN STRIKE: Taiwanese military personnel have been training ‘in strategic and tactical battle operations’ in Michigan, a former US diplomat said
More than 500 Taiwanese troops participated in this year’s Northern Strike military exercise held at Lake Michigan by the US, a Pentagon-run news outlet reported yesterday.The Michigan National Guard-sponsored drill involved 7,500 military personnel from 36 nations and territories around the world,
Taiwan is expected to report record excess savings of almost NT$4.8 trillion (US$159 billion) this year, thanks to a rapidly expanding current account surplus amid strong global demand for artificial intelligence (AI) applications, Directorate-General of Budget, Accounting and Statistics (DGBAS) dat
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Ukraine’s allies were meeting yesterday to discuss the outcome of fast-moving talks to end the war with Russia, after indications that Ukrainian President Volodymyr Zelenskiy could sit down with Russian President Vladimir Putin for a peace summit.Hopes of a breakthrough arose when Zelenskiy and Euro
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