Plasma TV shipments soar
Global plasma display television shipments more than doubled to a record 2.27 million units in the quarter ended Dec. 31, led by demand in Europe, a market researcher said. Shipments worldwide in the October to December period rose 109 percent from a year earlier, and 44 percent from the previous quarter, DisplaySearch said in a Feb. 22 statement, as Matsushita Electric Industrial Co, LG Electronics Inc and other manufacturers ramped up production. Matsushita held its spot as the world's biggest maker, with a 26 percent global share, the report said.
EU likely to impose duties
The EU was set yesterday to propose protective duties on imports of shoes from China and Vietnam after finding evidence that the Asian nations are unfairly dumping footwear on European markets. European Trade Commissioner Peter Mandelson was expected to put forward tariffs of up to 20 percent on shoe imports. The penalties could begin in April if approved by EU governments.
Starwood in Macau deal
US casino operator Las Vegas Sands Corp announced yesterday that luxury hotelier Starwood has agreed to operate two Sands hotels in a massive casino complex it is building in the Chinese gaming enclave of Macau. The companies said in a statement that they "have entered into a nonbinding letter of intent" and expect to finalize the deal before the end of the second quarter this year. Starwood Hotels & Resorts Worldwide Inc will operate a new 1,200-room Sheraton hotel and a new 300-room St. Regis hotel in the Cotai area, touted by Las Vegas Sands as Macau's version of the Las Vegas Strip.
SAFETY RISK: The government is working to categorize countries based on their COVID-19 cases and prevention efforts, which would determine quarantine periods The government plans to rank countries based on their COVID-19 risks to determine how to treat tourists and other travelers from those nations once Taiwan reopens its borders, but it is still working out the categories, a top health official told lawmakers yesterday. “We would divide countries around the world into several categories. One category would comprise those countries with very few confirmed COVID-19 cases, such as New Zealand and Palau. Travelers from the countries in this category would only need to practice self-health management,” Centers for Disease Control Deputy Director-General Chuang Jen-hsiang (莊人祥) told a Legislative Yuan seminar hosted by
CASH BOOST: Foreign spouses with residency permits are also eligible for the coupons, which can be bought at post offices or linked to digital payment options Stimulus coupons for Taiwanese and foreign spouses with residency permits can be ordered starting on July 1 and can be used from July 15 to Dec. 31, the Executive Yuan said yesterday. Aimed at boosting domestic spending, the coupons worth NT$3,000 (US$100.04) are to cost NT$1,000. “For our consumers, this is a very good deal as they get three times as much value for their money,” Premier Su Tseng-chang (蘇貞昌) told a news conference in Taipei. While the coupons are to have a wide range of uses, including at department stores, restaurants, book stores, night markets, beauty and hair salons, hotels, and to
SECURITY CONCERNS: The Telecom Technology Center ran black-box tests for the Executive Yuan on devices and software from Chinese, US and South Korean firms Network devices from several Chinese manufacturers are insecure and allow personal information to be leaked, testing commissioned by the Executive Yuan has shown. A variety of devices and software, including apps, from Chinese, US and South Korean manufacturers that are used by government agencies at the central and local level were subjected to black-box testing — in which the functionality of an application is examined without knowing about its internal structure, an information-security official said yesterday on condition of anonymity. The Telecom Technology Center conducted the tests, which simulated cyberattacks, to determine their resilience to the attacks, the official said. The center
RELATIONSHIP ‘TERMINATED’: US Speaker Nancy Pelosi said that the president’s action was ‘an act of extraordinary senselessness,’ a tone Chinese media echoed US President Donald Trump on Friday announced that Washington would withdraw funding from the WHO, end Hong Kong’s special trade status and suspend visas of Chinese graduate students suspected of conducting research on behalf of their government. Trump said in a White House announcement that Chinese officials “ignored” their reporting obligations to the WHO and pressured the organization to mislead the public about the outbreak. “We have detailed the reforms that it must make and engaged with them directly, but they have refused to act,” he said. “Because they have failed to make the requested and greatly needed reforms, we will be