■ Economics
Employment expected to rise
Benefiting from a strong economic recovery, Taiwan's unemployment rate has continued to decline over the past several months, with the monthly figure expected to drop to 4.8 percent last month from September's 4.9 percent, Lehman Brothers said yesterday. Lehman Brothers senior analyst Rob Subbaraman in his latest report continued to forecast healthy growth for the nation's economy, with the stock market continuing to expand throughout early next year. Subbaraman attributed the optimistic prospects to strong growth in Taiwan's export trade and the nation's rising level of foreign exchange reserves, which are now the "most competitive" of their kind since the 1970s. Subbaraman said Taiwan's stock market will be one of the markets offering the greatest potential in the Asia-Pacific region in the upcoming several months in terms of market growth.
■ Health
Symposium on dengue opens
An international symposium on cross-border cooperation in preventing and controlling dengue fever among APEC members opened in Kaohsiung yesterday. Nearly 200 epidemiologists, medical professionals and government officials from APEC member countries including the host, Taiwan, are taking part in the three-day symposium being held at the Ambassador Hotel. The participants are expected to exchange views on policies and measures on dengue fever control and prevention in APEC member countries, as well as on the dengue fever situation in individual countries.
■ Transportation
Flights to islands sought
In response to Mandarin Airlines' decision to cancel flights to offshore islands next year, government officials are working on legal revisions that would open the door to several investors willing to provide exclusive service to the islands. Civil Aeronautics Administration General Director Billy Chang (張國政) confirmed yesterday that the new amendments would aim to solve the chronic problem of needing to find an airline company willing to fly to the islands. The revisions would allow for the establishment of an airline that would fly only to the offshore islands. Unlike Mandarin Airlines, the new provider would not be subsidized by the government. Chang also said laws would reconsider allowing private jets to fly the offshore island routes. The revisions should take effect in two years' time. Mandarin Airlines is currently the only airline company providing service to the offshore islands, including Green Island (綠島), Lanyu (蘭嶼), Chimei (七美), and Wangan (望安).
■ Social activities
Singles event planned
Two female legislators of the Chinese Nationalist Party (KMT) said yesterday that they will host a reception on Dec. 7 in Hsinchu for unmarried employees of companies in the Hsinchu Science-based Industrial Park. Legislators Chang Tsai-mei (張蔡美) and Hsu Sao-ping (徐少萍) said at a press conference that unmarried young men and young women are welcome to attend the social gathering. The two legislators are members of the "Ching Kuo Hui," or the Women's Association, which is an active subgroup of the KMT. Chang said most unmarried young men in the industrial park may prove to be good husbands. She said that, according to a recent survey, 48 percent of these young men have never fallen in love with a woman because they are too busy with their jobs to make friends with people they like.
Taiwan is to receive the first batch of Lockheed Martin F-16 Block 70 jets from the US late this month, a defense official said yesterday, after a year-long delay due to a logjam in US arms deliveries. Completing the NT$247.2 billion (US$7.69 billion) arms deal for 66 jets would make Taiwan the third nation in the world to receive factory-fresh advanced fighter jets of the same make and model, following Bahrain and Slovakia, the official said on condition of anonymity. F-16 Block 70/72 are newly manufactured F-16 jets built by Lockheed Martin to the standards of the F-16V upgrade package. Republic of China
Taiwan-Japan Travel Passes are available for use on public transit networks in the two countries, Taoyuan Metro Corp said yesterday, adding that discounts of up to 7 percent are available. Taoyuan Metro, the Taipei MRT and Japan’s Keisei Electric Railway teamed up to develop the pass. Taoyuan Metro operates the Taiwan Taoyuan International Airport MRT Line, while Keisei Electric Railway offers express services between Tokyo’s Narita Airport, and the Keisei Ueno and Nippori stations in the Japanese capital, as well as between Narita and Haneda airports. The basic package comprises one one-way ticket on the Taoyuan MRT Line and one Skyliner ticket on
A new tropical storm formed late yesterday near Guam and is to approach closest to Taiwan on Thursday, the Central Weather Administration (CWA) said. Tropical Storm Pulasan became the 14th named storm of the year at 9:25pm yesterday, the agency said. As of 8am today, it was near Guam traveling northwest at 21kph, it said. The storm’s structure is relatively loose and conditions for strengthening are limited, WeatherRisk analyst Wu Sheng-yu (吳聖宇) said on Facebook. Its path is likely to be similar to Typhoon Bebinca, which passed north of Taiwan over Japan’s Ryukyu Islands and made landfall in Shanghai this morning, he said. However, it
Starlux Airlines, Taiwan’s newest international carrier, has announced it would apply to join the Oneworld global airline alliance before the end of next year. In an investor conference on Monday, Starlux Airlines chief executive officer Glenn Chai (翟健華) said joining the alliance would help it access Taiwan. Chai said that if accepted, Starlux would work with other airlines in the alliance on flight schedules, passenger transits and frequent flyer programs. The Oneworld alliance has 13 members, including American Airlines, British Airways, Cathay Pacific and Qantas, and serves more than 900 destinations in 170 territories. Joining Oneworld would also help boost