MORE INCREASES: Exports and imports are projected to jump 39.77% and 33.53% respectively as chipmakers expand production capacities to meet demand for AI
Taiwan yesterday sharply raised its economic growth forecast for this year after a blistering first quarter, as surging global demand for artificial intelligence (AI) infrastructure fueled exports, investment and corporate profits across the technology-driven economy.The Directorate-General of Budge
The Ma Ying-jeou Foundation yesterday filed criminal complaints against two former employees, accusing them of breaches of trust and embezzlement.The foundation in a statement said it filed complaints with the Shilin District Prosecutors’ Office against former chief executive Hsiao Hsu-tsen (蕭旭岑) an
China’s rapid military modernization and assertiveness in the Indo-Pacific region and growing concerns over US priorities were the top issues on the table at Asia’s premier defense summit drawing leaders, top diplomats and security officials from around the world.Vietnamese President To Lam opened t
A Hong Kong court yesterday dismissed an appeal by the former head of the city’s largest press union against a conviction for obstructing police officers, issuing a five-day jail sentence.Former Hong Kong Journalists Association chairman Ronson Chan (陳朗昇) had been arrested by police, who said he ref
GREATER REACH? Auto parts and wood products would face tariffs of up to 15%, matching those targeting the EU, Japan and South Korea, Vice Premier said
The US has announced that preferential tariff treatment for Taiwan’s non-semiconductor Section 232 goods would take effect retroactively from May 1, the Executive Yuan said yesterday.The US government yesterday posted a notice on the Federal Register’s public inspection Web site previewing tariff co
CRIMINAL CODE: People with drug-driving records would be flagged and their license would not be renewed until after they undergo treatment, an official said
People with records of operating vehicles under the influence of drugs would be listed as high-risk drivers and not allowed to renew their license until after undergoing addiction treatment and a stand down period, the Ministry of Transportation and Communications said yesterday.The government said
A US uncrewed surface vessel (USV) encountered multiple Chinese warships during an autonomous transit of the Taiwan Strait, US defense company Seasats said in a statement on Wednesday.Seasats announced that a Lightfish USV had completed the first autonomous transit of the Taiwan Strait.Over five day
The US military yesterday accused Iran of contravening a ceasefire after Kuwait reported coming under attack in the latest flare-up that threatened ongoing negotiations to end the war.US Central Command said that Kuwait had intercepted missiles launched by Iran late on Wednesday night, calling the a
The Philippines and Japan yesterday agreed to negotiate an intelligence sharing agreement.Visiting Philippine President Ferdinand Marcos Jr and Japanese Prime Minister Sanae Takaichi also said they would upgrade their ties to bolster security and economic cooperation.“At today’s meeting, regarding n
EIGHTEEN MEASURES: The plan has childbirth, childrearing and education stages, with goals to increase subsidies, lighten loads, improve flexibility and expand care
President William Lai (賴清德) yesterday announced a new population strategy with 18 measures to counter the nation’s low birthrate and aging population, from monthly subsidies for children up to age 18, to expanded assisted reproduction assistance and policies to create a more family-friendly workplac
‘BOOMING’: ’ The number of partners we have here is incredible. You can see from their stock prices. They’re doing so well, they’re so happy,’ Jensen Huang said
Nvidia Corp’s spending in Taiwan has ballooned to about US$150 billion a year, 10 times the US$10 billion to US$15 billion the company spent five years ago, Nvidia chief executive officer Jensen Huang (黃仁勳) said yesterday, suggesting Taiwan’s strategic importance in the global artificial intelligenc
Amap (高德地圖), iQIYI (愛奇藝) and two other Chinese apps requested access to sensitive information unrelated to their core functions when installed on devices, with the mapping app posing more potential security risks than the others, the Ministry of Digital Affairs said yesterday.The ministry released t
Japan’s parliament yesterday passed legislation to launch a new intelligence council, a key move in Japanese Prime Minister Sanae Takaichi’s push to bolster the nation’s security agenda.Japanese officials have long argued for enhanced intelligence capabilities to deter foreign spies, prevent terrori
A “surprise” announcement by the US, Australia, India and Japan to build a port spurred hopes of backing from the Quadrilateral Security Dialogue for a plan to relocate the main dock in Fiji, Fiji Ports acting chief executive officer Suresh Prasad told reporters yesterday.Fijian Prime Minister Sitiv
President William Lai (賴清德) today announced a new population strategy with 18 measures to counter Taiwan’s low birthrate and aging population, from monthly subsidies for children up to age 18, to expanded assisted reproduction assistance and policies to create a more family-friendly workplace cultur
CLOSER TIES: TSMC investing in a semiconductor facility in Dresden is an important milestone in technology cooperation, President William Lai said
German-Taiwan Parliamentary Friendship Group chairman Till Steffen yesterday said that exchanges between democratic nations should not be subject to third-party interference, during a meeting with President William Lai (賴清德) in Taipei.During a reception at the Presidential Office for the group of cr
Taiwan on Monday overtook India in stock market value, powered mainly by a breakneck rally in the world’s largest chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電).Taiwan’s market capitalization climbed to US$4.95 trillion as of Monday, data compiled by Bloomberg showed. India’s value has
Taiwan is still in the process of assessing the possibility of recruiting workers from Eswatini, the Ministry of Foreign Affairs said yesterday, adding that its goal is to help Eswatini upgrade its vocational training centers.If there are plans to recruit workers from Eswatini, safeguarding national
REVIVED FORUM: The US wants the Quad to focus on deliverables rather than meetings, with cooperation progressing ‘aggressively,’ Rubio said
The US, India, Australia and Japan yesterday announced new maritime and critical minerals cooperation, reviving a forum viewed suspiciously by China following questions over the US’ commitment and disagreement on Iran.US Secretary of State Marco Rubio took part in the Quadrilateral Security Dialogue
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