■AUTOMOBILES
Group lobbies for subsidy
Carmakers need a government subsidy to roll out the vehicles that Australians want to buy, an industry lobby group said yesterday. Federal Chamber of Automotive Industry spokesman Andrew McKellar said the government should help pay for the shift to more fuel-efficient vehicles from gas-thirsty cars as part of its response to the challenge of climate change. “We have to ensure those new technologies that will support achieving these objectives that they are coming into the marketplace, they are being taken up in terms of new vehicles being manufactured in Australia as well as being made available more broadly across the market,” he said. The government has already promised US$450 million in subsidies for the production of a “green car.”
■TELECOMS
Qatar firm wins court case
Qatar Telecom QSC, which paid US$1.8 billion in June to buy a 40.8 percent stake in Indonesia’s PT Indosat, said the Indonesian Supreme Court had thrown out the legal challenge to its ownership of the stake. “The Supreme Court’s decision today removes the District Court’s order and allows us to keep the shares we acquired in June” in Indonesia’s second-biggest mobile phone operator, Qtel chairman Sheikh Abdullah bin Mohammed Bin Saud al-Thani said in a statement posted on the Doha bourse Web site yesterday. Qatar Telecom is in the process of starting a tender to buy more Indosat shares, the statement said.
■HONG KONG
New slogan being sought
The government is spending hundreds of thousands of US dollars looking for a new slogan to replace the boast of “Asia’s World City,” a news report said yesterday. The territory has spent US$160,000 hiring multi-national communications company Fleishmann- Hillard to supervise the task, the Sunday Morning Post reported. Another US$64,000 is being spent on setting up a Web site for people to offer their ideas on a new slogan and image for the territory of 6.9 million people. The new slogan is expected to compete against regional slogans such as “Malaysia Truly Asia.”
■LIVESTOCK
China open to trotters
The German pork industry, Europe’s largest, is turning its attention to China, not only a vast market, but one with a taste for pigs’ ears, feet and other delicacies that are shunned at home. After two years of negotiations, Berlin sealed a deal last week in Beijing opening the door to China for German pork. “It is extremely positive,” said Michael Stab, in charge of the meat sector for the German Farmers Association. “There is demand for products that are not worth much here, such as trotters and ears, and we are going to try to get quite a good price for them.” The US, Denmark, France and Canada are the biggest meat suppliers to China.
■INDIA
Inflation slowing down
Indian prices of primary articles including food and oil seeds increased at a slower pace in the past 12 months than in the previous year, the government said. Prices of food and non-food articles such as oil seeds and minerals rose by 7.86 percent on average as of Aug. 30, slower than the 9.49 percent annual rate a year earlier, the finance ministry said in an e-mailed statement. Annual inflation remains at a 16-year high, rising three times since the beginning of the year.
RESILIENCE: Deepening bilateral cooperation would extend the peace sustained over the 45 years since the Taiwan Relations Act, Greene said Taiwan-US relations are built on deep economic ties and shared values, American Institute in Taiwan (AIT) Director Raymond Greene said yesterday, adding that strengthening supply chain security in critical industries, enhancing societal resilience through cooperation and deepening partnerships are key to ensuring peace and stability for Taiwan in the years ahead. Greene made the remarks at the National Security Youth Forum, organized by National Taiwan University’s National Security and Strategy Studies Institution in Taipei. In his address in Mandarin Chinese, Greene said the Taiwan-US relationship is built on deep economic ties and shared interests, and grows stronger through the enduring friendship between
GAINING STEAM: The scheme initially failed to gather much attention, with only 188 cards issued in its first year, but gained popularity amid the COVID-19 pandemic Applications for the Employment Gold Card have increased in the past few years, with the card having been issued to a total of 13,191 people from 101 countries since its introduction in 2018, the National Development Council (NDC) said yesterday. Those who have received the card have included celebrities, such as former NBA star Dwight Howard and Australian-South Korean cheerleader Dahye Lee, the NDC said. The four-in-one Employment Gold Card combines a work permit, resident visa, Alien Resident Certificate (ARC) and re-entry permit. It was first introduced in February 2018 through the Act Governing Recruitment and Employment of Foreign Professionals (外國專業人才延攬及雇用法),
The Ministry of Transportation and Communications yesterday said that it would redesign the written portion of the driver’s license exam to make it more rigorous. “We hope that the exam can assess drivers’ understanding of traffic rules, particularly those who take the driver’s license test for the first time. In the past, drivers only needed to cram a book of test questions to pass the written exam,” Minister of Transportation and Communications Chen Shih-kai (陳世凱) told a news conference at the Taoyuan Motor Vehicle Office. “In the future, they would not be able to pass the test unless they study traffic regulations
EUROPEAN TARGETS: The planned Munich center would support TSMC’s European customers to design high-performance, energy-efficient chips, an executive said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday said that it plans to launch a new research-and-development (R&D) center in Munich, Germany, next quarter to assist customers with chip design. TSMC Europe president Paul de Bot made the announcement during a technology symposium in Amsterdam on Tuesday, the chipmaker said. The new Munich center would be the firm’s first chip designing center in Europe, it said. The chipmaker has set up a major R&D center at its base of operations in Hsinchu and plans to create a new one in the US to provide services for major US customers,
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