■EMPLOYMENT
Retirement bill reviewed
The Legislative Yuan completed a preliminary review yesterday of a bill that would raise the mandatory retirement age prescribed in the Labor Standards Act from 60 to 65. The draft amendment, which cleared the legislature’s Sanitation, Environment, Social Welfare and Labor Affairs Committee, is still awaiting its second and third readings before it can be signed into law. Chinese Nationalist Party (KMT) Legislator Yang Chiung-ying (楊瓊瓔), a sponsor of the bill, said it is necessary to put back the retirement age of workers to strengthen the use of middle-aged and elderly human resources because the average life expectancy in Taiwan has increased to 76 and more older workers are staying in the labor market instead of retiring. The measure is also crucial to cope with the possible impact of the declining birth rate on the labor force, Yang said. Legislators Hsu Shao-ping (徐少萍) and Chung Shao-ho (鍾紹和), also of the KMT, said those who wish to retire early could still do so voluntarily even if the law is passed.
■CRIME
Bank founder indicted
Taipei prosecutors yesterday indicted Cosmos Bank founder and former chairman Hsu Sheng-fa (�?o) and 11 other bank staff on charges of embezzlement. Prosecutors requested a 10-year sentence for Hsu, while his son, former vice chairman Hsu Sen-rong (�?a), and daughter, former chairwoman Hsu Juan-juan (�?S), face eight and six years in prison respectively. The family’s lawyers issued a statement in response to the indictments saying that all transactions completed by Cosmos Bank and its sister corporation Cosmos Bills Finance Corp had followed proper procedures. The statement said that Hsu Sheng-fa had not directed any transactional activities at the bank and that government audits over the past years had found no irregularities. It said that all mortgage funds obtained by the bank had been used in investments that advanced the bank’s financial wellbeing and that interest incurred by these borrowed funds had been paid regularly by Cosmos’ parent group, Prince Corporate Group (太子關係企業).
■TOURISM
Cable car ceremony
Premier Chang Chun-hsiung (張俊雄) officiated yesterday at a groundbreaking ceremony for a cable car system that will link Sun Moon Lake and the Formosan Aboriginal Culture Village in Nantou County. Chang said the 1,825m long cable car system will help rejuvenate overall tourism development. The Sun Moon Lake Gondola, to be developed and operated by the Formosan Aboriginal Culture Village under a build-own-operate project, is scheduled to be completed in 18 months at a cost of NT$720 million (US$23.76 million).
■HEALTH
Addicts center opens
The nation’s first employment service center for drug addicts who have undergone methadone treatment was inaugurated in National Cheng Kung University Hospital in Tainan yesterday. Cheng Kung University Hospital officials said the center will help addicts find jobs to facilitate their return to a normal life. The hospital in conjunction with Tainan City government, and Tainan Prosecutors Office will run the center. Similar employment service centers will be set up at the Chi Mei Foundation Medical Center in Tainan County and Tainan Hospital in Tainan City in the future, the officials said.
PRAISE: Japanese visitor Takashi Kubota said the Taiwanese temple architecture images showcased in the AI Art Gallery were the most impressive displays he saw Taiwan does not have an official pavilion at the World Expo in Osaka, Japan, because of its diplomatic predicament, but the government-backed Tech World pavilion is drawing interest with its unique recreations of works by Taiwanese artists. The pavilion features an artificial intelligence (AI)-based art gallery showcasing works of famous Taiwanese artists from the Japanese colonial period using innovative technologies. Among its main simulated displays are Eastern gouache paintings by Chen Chin (陳進), Lin Yu-shan (林玉山) and Kuo Hsueh-hu (郭雪湖), who were the three young Taiwanese painters selected for the East Asian Painting exhibition in 1927. Gouache is a water-based
Taiwan would welcome the return of Honduras as a diplomatic ally if its next president decides to make such a move, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said yesterday. “Of course, we would welcome Honduras if they want to restore diplomatic ties with Taiwan after their elections,” Lin said at a meeting of the legislature’s Foreign Affairs and National Defense Committee, when asked to comment on statements made by two of the three Honduran presidential candidates during the presidential campaign in the Central American country. Taiwan is paying close attention to the region as a whole in the wake of a
A magnitude 4.1 earthquake struck eastern Taiwan's Hualien County at 2:23pm today, according to the Central Weather Administration (CWA). The epicenter of the temblor was 5.4 kilometers northeast of Hualien County Hall, at a depth of 34.9 km, according to the CWA. The earthquake's intensity, which gauges the actual effect of a temblor, was the highest in Hualien County, where it measured 2 on Taiwan's 7-tier intensity scale. The quake also measured an intensity of 1 in Yilan county, Taichung, Nantou County, Changhua County and Yunlin County, the CWA said. There were no immediate reports of damage or injuries.
OFF-TARGET: More than 30,000 participants were expected to take part in the Games next month, but only 6,550 foreign and 19,400 Taiwanese athletes have registered Taipei city councilors yesterday blasted the organizers of next month’s World Masters Games over sudden timetable and venue changes, which they said have caused thousands of participants to back out of the international sporting event, among other organizational issues. They also cited visa delays and political interference by China as reasons many foreign athletes are requesting refunds for the event, to be held from May 17 to 30. Jointly organized by the Taipei and New Taipei City governments, the games have been rocked by numerous controversies since preparations began in 2020. Taipei City Councilor Lin Yen-feng (林延鳳) said yesterday that new measures by
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