FOUNDATION DENIAL: The KMT said the funds were to promote freedom and democracy in China, while the DPP said the exchanges lacked democratic elements
The Taiwan Foundation for Democracy yesterday said that it has not yet reimbursed the Chinese Nationalist Party (KMT) for a trip to China led by KMT Chairwoman Cheng Li-wun (鄭麗文), adding that the foundation’s charter prohibits sponsoring activities involving unification or independence.Earlier in th
Taiwan overtook the UK in stock market value as the country’s tech firms regained favor amid hopes for further de-escalation in the Iran war.Taiwan’s market capitalization rose to US$4.14 trillion as of Wednesday, making it the world’s seventh-largest, according to data compiled by Bloomberg that sh
Columns of fire engulfed a crucial Australian oil refinery after a chain of explosions, authorities said yesterday, as they warned of disruptions to domestic fuel supply.Flames as high as 60m erupted late on Wednesday after a gas leak ignited at the Viva Energy fuel plant in Victoria state, firefigh
Russia hammered civilian areas of Ukraine with hundreds of drones and dozens of missiles in an attack that stretched for hours from daytime into the night, killing at least 16 people and injuring more than 80 others, officials said yesterday.Russia launched nearly 700 drones, and dozens of ballistic
The Chinese Nationalist Party (KMT) today confirmed that the party had applied for subsidies from the Taiwan Foundation for Democracy, which is mainly funded by the Ministry of Foreign Affairs, to cover party Chairwoman Cheng Li-wun’s (鄭麗文) “journey of peace” to China, where she met with Chinese Pre
DEADLOCK NEAR END? The KMT and the DPP would each appoint five caucus members and the TPP one to conduct an interpolation session, Han Kuo-yu said
The legislature yesterday agreed to start deliberating the government’s general budget for this fiscal year after an hour of caucus negotiations, potentially ending 230 days of deadlock.Legislative Speaker Han Kuo-yu (韓國瑜) of the Chinese Nationalist Party (KMT) said that the caucuses had resolved to
INFLATION UP? The IMF said CPI would increase to 1.5 percent this year, while the DGBAS projected it would rise to 1.68 percent, with GDP per capita of US$44,181
The IMF projected Taiwan’s real GDP would grow 5.2 percent this year, up from its 2.1 percent outlook in January, despite fears of global economic disruptions sparked by the US-Iran conflict.Taiwan’s consumer price index (CPI) is projected to increase to 1.5 percent, while unemployment would be 3.4
The Legislative Yuan’s Finance Committee yesterday approved proposed amendments to the Amusement Tax Act (娛樂稅法) that would abolish taxes on films, cultural activities and competitive sporting events, retaining the fee only for dance halls and golf courses.The proposed changes would set the maximum t
Iran secretly acquired a Chinese spy satellite in late 2024 that allowed it to target US military bases across the Middle East during the recent war, the Financial Times reported yesterday.The TEE-01B satellite, built and launched by Chinese company Earth Eye Co (北京沐美星空科技), was acquired by the Islam
The US-Iran war is “very close to over,” US President Donald Trump said in clips of an interview set to air in the US yesterday, while the US military said that its blockade on Iranian ports had been “fully implemented.”Pakistan on Tuesday said that it was pursuing efforts to help the US and Iran ne
North Korea is showing a “very serious increase” in its ability to produce atomic weapons, the head of the UN nuclear watchdog said yesterday during a visit to Seoul.North Korea is believed to operate multiple facilities for enriching uranium, a key step in making nuclear warheads, South Korea’s spy
PEACE THROUGH STRENGTH: All Taiwanese desire peace, yet peace is obtained not by agreements on sheets of paper, but our own strength, the president said.
President William Lai (賴清德) yesterday urged service members to test the military’s strengths to the utmost in the computer-simulated component of this year's Han Kuang 41 military exercise, while urging lawmakers to pass the administration’s special defense budget without any cuts.Lai visited the jo
The Legislative Yuan yesterday passed a bill governing childcare, including requiring institutions to install surveillance cameras and imposing penalties of up to NT$600,000 for childcare providers found guilty of abuse or harassment.The Executive Yuan in May last year approved the draft Childcare S
Taipei International Airport (Songshan airport) yesterday announced the launch of a “One ID” smart travel service, enabling international travelers to access airport services using facial recognition after completing a one-time registration.The airport is the nation’s first and only airport offering
PROMOTING PEACE: The Spanish PM said that China can play an ‘important role’ in the Middle East, while Xi Jinping spoke about a return to the ‘law of the jungle’
China yesterday accused the US of “dangerous and irresponsible” behavior over its blockade of Iranian ports, with Chinese President Xi Jinping (習近平) vowing Beijing would play a “constructive role” in promoting peace in the Middle East.US President Donald Trump has threatened to sink ships entering o
The Philippines discovered cyanide on Chinese boats operating around a disputed atoll in the South China Sea, Philippine security officials said on Monday.Authorities said laboratory tests confirmed the presence of the highly toxic substance in bottles seized by the Philippine Navy in operations at
SECOND OVERSEAS TRIP: Apart from attending anniversary and birthday celebrations, William Lai and his delegation are also to visit a planned industrial innovation park
President William Lai (賴清德) is to visit Taiwan’s sole African ally, the Kingdom of Eswatini, later this month, in what would be his second official overseas trip since taking office in May 2024, the Presidential Office said yesterday.Eswatini is one of 12 UN member nations worldwide that have formal
SERIOUSLY DAMAGING: TPP Chairman Huang Kuo-chang said that legislators-at-large should meet party supporters’ expectations, rather than pursue personal interests
The Taiwan People’s Party (TPP) Central Evaluation Committee yesterday voted to expel party member Li Zhenxiu (李貞秀), effective immediately, following a series of controversies. The decision also resulted in Li’s loss of her legislator-at-large seat.Li, who took office in February as a legislator-at-
The Ma Ying-jeou Foundation yesterday said it has identified material evidence of suspected financial misconduct by its former chief executive officer Hsiao Hsu-tsen (蕭旭岑) and former deputy chief executive officer Wang Kuang-tzu (王光慈).The foundation has dissociated itself from Hsiao — who is also Ch
RSS