■ Music Piracy
IFPI to sue in Asia, Europe
The international record industry expanded its fight against music piracy yesterday, announcing that it will file hundreds more lawsuits across Europe and Asia against individuals and groups it accuses of illegally sharing music through the Internet. The International Federation of the Phonographic Industry (IFPI) said its affiliates are filing 963 new cases and are also adding five new countries to the list of litigation. In the new wave of lawsuits, Japan becomes the first Asian country to launch legal action against music piracy. It is also the first time such action has been taken in the Netherlands, Iceland, Finland and Ireland. Kazaa, which used to be the largest and most popular file-sharing service, has seen its users drop by approximately 45 percent -- from 4.2 million to 2.3 million concurrent users -- since the start of the warning and litigation campaign, the IFPI said.
■ Airlines
State aid row heats up
The future Airbus A350 aircraft, designed to rival Boeing's 787 Dreamliner, could be the first victim of a lengthy dispute between the EU and the US over state aid to the aeronautics sector. Brussels and Washington failed to meet their self-imposed deadline Monday to achieve a negotiated agreement on subsidies to Boeing and Airbus. The US has bitterly opposed European plans to subsidize the A350 and has threatened to seek arbitration by the WTO if the EU allows aid to the project before the end of bilateral negotiations. The situation has stymied the European aircraft maker, which intended to ask its four participating countries, Britain, France, Germany and Spain, for aid to finance the A350. The project's cost is estimated at 4 billion euros (US$5.19 billion).
CREDIT-GRABBER: China said its coast guard rescued the crew of a fishing vessel that caught fire, who were actually rescued by a nearby Taiwanese boat and the CGA Maritime search and rescue operations do not have borders, and China should not use a shipwreck to infringe upon Taiwanese sovereignty, the Coast Guard Administration (CGA) said yesterday. The coast guard made the statement in response to the China Coast Guard (CCG) saying it saved a Taiwanese fishing boat. The Chuan Yu No. 6 (全漁6號), a fishing vessel registered in Keelung, on Thursday caught fire and sank in waters northeast of Diaoyutai Islands (釣魚台). The vessel left Keelung’s Badouzih Fishing Harbor (八斗子漁港) at 3:35pm on Sunday last week, with seven people on board — a 62-year-old Taiwanese captain surnamed Chang (張) and six
RISKY BUSINESS: The ‘incentives’ include initiatives that get suspended for no reason, creating uncertainty and resulting in considerable losses for Taiwanese, the MAC said China’s “incentives” failed to sway sentiment in Taiwan, as willingness to work in China hit a record low of 1.6 percent, a Ministry of Labor survey showed. The Directorate-General of Budget, Accounting and Statistics (DGBAS) also reported that the number of Taiwanese workers in China has nearly halved from a peak of 430,000 in 2012 to an estimated 231,000 in 2024. That marked a new low in the proportion of Taiwanese going abroad to work. The ministry’s annual survey on “Labor Life and Employment Status” includes questions respondents’ willingness to seek employment overseas. Willingness to work in China has steadily declined from
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 tax rate for dance halls and golf courses at 50 and 20 percent respectively, with local governments authorized to suspend the levies. Article 2 of the act says that “amusement tax shall be levied on tickets sold or fees charged by amusement places, facilities or activities” in six categories: “Cinema; professional singing, story-telling, dancing, circus, magic show, acrobatics
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 percent, roughly in line with estimates for Asia as a whole, the international body wrote in its Global Economic Outlook Report published in the US on Monday. The figures are comparatively better than the IMF outlook for the rest of the world, which pegged real GDP growth at 3.1 percent, down from 3.3 percent
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