■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.
The Ministry of Finance this afternoon announced the winning numbers for the March-April uniform invoice lottery. The winning number for the NT$10 million (US$318,060) special prize is 19531471, and the winning number for the NT$2 million grand prize is 85941329. Three numbers were drawn for the NT$200,000 first prize: 07225810, 20231230 and 83518781. Those with receipts matching the last seven digits of any of the first-prize numbers will win the NT$40,000 second prize, while those matching the last six digits will win the NT$10,000 third prize. Those whose receipts match the last five digits of the first-prize numbers can claim the NT$4,000 fourth prize,
SIX SUBSIDIES: The monthly allowance for older farmers is to increase to NT$10,000, and NT$5,000 is to be given to homemakers under the national pension system, Lai said The government is to implement major welfare policies for disadvantaged groups, including raising the monthly allowance for older farmers to NT$10,000 and providing homemakers with NT$5,000 per month, President William Lai (賴清德) said yesterday. Lai made the remarks during a visit to Wangling Temple in Chiayi County, saying that the planned increases were being introduced amid economic growth and an increase in tax revenue. Touting a policy, in which the government plans to provide a monthly allowance of NT$5,000 for every child under the age of 18 in a bid to address Taiwan’s low birthrate, Lai said that if received for the
STAY COOL: The HPA recommended that people stay hydrated, use air-conditioning or fans while indoors, wear loose-fitting clothes and walk in the shade while outdoors Employers must implement measures such as installing cooling equipment, and providing drinking water and rest breaks for outdoor workers starting from Monday next week, the Taipei Department of Labor said on Sunday. Employers who fail to comply could face fines of NT$30,000 to NT$300,000 under the Occupational Safety and Health Act (職業安全衛生法), the department said. Businesses in Taipei employing fewer than 100 workers, as well as registered self-employed workers with labor insurance coverage, could receive on-site assessments and guidance from occupational safety consultants to help them apply for central government subsidies to implement or improve heat-protection measures, it said. Under the Ministry of
NATIONAL SECURITY: Authorities are working to confirm the identities of the military personnel involved and investigating possible illegal conduct and regulatory violations Authorities are probing possible national security implications after Kinmen police and immigration officers on Sunday found a Chinese woman allegedly posing as a tourist while engaging in prostitution involving more than 10 military personnel. The woman, surnamed Chen (陳), has since been deported, authorities said, adding that investigators are still working to confirm the identities of those implicated, as the records only listed code names and aliases. The case stemmed from a report received by the Kinmen District Prosecutors’ Office on Friday last week from the Jinhu Precinct of the Kinmen County Police Bureau. On Sunday, police, along with the National Immigration
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