The Cabinet yesterday approved a NT$410 billion (US$12.6 billion) special budget to enhance national security and boost economic resilience against the effects of US tariffs.Based on the Cabinet’s proposal, it would earmark an additional NT$5 billion on top of the NT$88 billion package it approved e
INDUSTRY SHIFT: The AI boom would help push overall demand for chips, with industry revenue ‘easily’ exceeding US$1 trillion, a TSMC official said
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) plans to begin production with its A14 fabrication process in 2028, aiming to remain at the cutting edge of the chip industry.The technology would advance the world’s biggest chipmaker beyond its current state-of-the-art 3-nanometer technology and th
Minister of Foreign Affairs Lin Chia-lung (林佳龍) and King Mswati III of Eswatini presided over an unveiling ceremony for an oil reserve facility project Taiwan is to build to enhance the energy resilience of its ally, the Ministry of Foreign Affairs said yesterday.Lin and Mswati on Wednesday attended
A US Army intelligence analyst on Wednesday was sentenced to seven years imprisonment for providing sensitive defense information to China, including documents about the US’ potential defense of Taiwan, weapons systems, and military tactics and strategy.Sergeant Korbein Schultz, who held a top-secre
Russia yesterday attacked Kyiv with an hours-long barrage of missiles and drones, killing at least nine people and injuring more than 70 in its deadliest assault on the Ukrainian capital since July last year and just as peace efforts are coming to a head.Ukrainian President Volodymyr Zelenskiy said
INTERFERENCE CONCERNS: An official did not respond to questions about whether Beijing had pressured the Holy See to prevent Lai from attending Saturday’s funeral
President William Lai (賴清德) yesterday paid his respects to Pope Francis during a visit to the Catholic Archdiocese of Taipei, as the Ministry of Foreign Affairs announced that former vice president Chen Chien-jen (陳建仁) would act as Lai’s envoy to the pope’s funeral.Lai, who was accompanied by Deputy
JOURNEY EAST: The commander of a British carrier strike group to the Indo-Pacific region did not rule out the possibility of passing through the Strait
Threats and conflicts should not influence Taiwan’s future and there is “strong concern” for stability and security in the Indo-Pacific region, British Secretary of State for Defence John Healey said on Tuesday during a meeting at the House of Commons.Healey made the comments as part of the House of
Approximately 6,000 tonnes of sustainable aviation fuel (SAF) would be available for domestic and international airlines to use at airports across Taiwan this year, which would help curb about 15,000 tonnes of carbon emissions, the Ministry of Transportation and Communications said yesterday.The use
India’s defense minister yesterday vowed a swift response to those who carried out and planned the Kashmir region’s worst attack on civilians in years.“Those responsible and behind such an act will very soon hear our response, loud and clear,” Indian Minister of Defense Rajnath Singh said in a speec
An unprecedented coral bleaching episode has spread to 84 percent of the world’s reefs in an unfolding human-caused crisis that could kill off swathes of the essential ecosystems, scientists warned yesterday.Since it began in early 2023, the global coral bleaching event has mushroomed into the bigge
PAY HIKE: Despite the budget freeze, the government is to start dispensing a 3 percent wage hike for public servants, teachers and military personnel next month
The Executive Yuan would ask the Legislative Yuan to unfreeze the NT$138.1 billion (US$4.25 billion) budget for 1,584 items that the latter has put on hold, Premier Cho Jung-tai (卓榮泰) said yesterday.The Cabinet has instructed all ministries to submit their requests to the Legislative Yuan to unfreez
The IMF has raised Taiwan’s GDP growth forecast for this year by 0.2 percentage points to 2.9 percent, outpacing other regional countries including Japan, South Korea and Singapore.The IMF’s April 2025 World Economic Outlook report, published yesterday, said that the imposition of sweeping tariffs b
CARROT AND STICK: While unrelenting in its military threats, China attracted nearly 40,000 Taiwanese to over 400 business events last year
Nearly 40,000 Taiwanese last year joined industry events in China, such as conferences and trade fairs, supported by the Chinese government, a study showed yesterday, as Beijing ramps up a charm offensive toward Taipei alongside military pressure.China has long taken a carrot-and-stick approach to T
Pope Francis is be laid to rest on Saturday after lying in state for three days in St Peter’s Basilica, where the faithful are expected to flock to pay their respects to history’s first Latin American pontiff.The cardinals met yesterday in the Vatican’s synod hall to chart the next steps before a co
More than 170 university, college and scholarly society presidents yesterday published a joint statement opposing the treatment by US President Donald Trump’s administration of higher education institutions, coming together to speak out after Harvard University said the administration was threatenin
BUDGET FREEZE: Returning the power to unfreeze budgets to legislative committees instead of the full legislature could facilitate the process, the foreign minister said
Many overseas missions might have to shut down by June 30, as the Legislative Yuan has frozen 50 percent of the Ministry of Foreign Affairs’ general affairs budget for this year, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said at a meeting of the legislature’s Foreign Affairs and National Defen
Pope Francis, an energetic reformer who inspired widespread devotion from Catholics, but riled traditionalists, died yesterday aged 88, just a day after greeting delighted worshipers after Easter Mass.The death of the Argentine pontiff, leader of the Catholic Church since March 2013, came less than
WORST LAWMAKERS: KMT and TPP lawmakers were on the top 10 list for blocking national security-related bills to enhance safeguards for Taiwanese sovereignty
Taiwan is facing severe national security threats due to enemy infiltration and espionage activities inside the legislature, Chinese funding to meddle in elections and influence politicians, and lawmakers colluding to slash the government’s fiscal budget and blocking bills to enhance safeguards for
Philippine President Ferdinand Marcos Jr has eased travel restrictions for Philippine government officials to Taiwan, with the goal of increasing opportunities for the development and expansion of the country’s priority areas of investments, the Philippine News Agency (PNA) reported yesterday. The t
The Philippine and US militaries yesterday began three weeks of joint exercises that are to simulate a “full-scale battle scenario,” as the two allies seek to deter Beijing’s ambitions in the disputed South China Sea. As many as 17,000 personnel are expected to take part in the annual “Balikatan,” o