Stored-value EasyCard deposits will be reduced from NT$200 to NT$100, David Chou (
"The decision to reduce the deposit by NT$100 was passed unanimously at a shareholder's meeting [yesterday]," Chou said.
Although he was unable to give a time-frame for when the money would be refunded to the approximately 1.4 million who have already purchased the card, or confirm the way in which it would be returned, Chou said that he had instructed the management team to come up with a suitable strategy as soon as possible.
"As soon as we know, we will let our customers know," he said.
The move was welcomed by Sun Li-chun (
"We think that this is the right direction for the company to be moving in," Sun said.
The NT$200 deposit was originally intended to reflect the cost of ticket production and provide passengers with an NT$100 emergency reserve, should they inadvertently exceed the disposable limit on their card.
Sun however dismissed such reasoning.
"Whoever heard of ticket costs being passed on to consumers in this way? Would you consider paying an extra NT$2 to cover the cost of a cinema ticket?" he said.
Sun said he had seen no systematic problems with the EasyCard system, and praised the added convenience it gave customers, although he expressed concerns about the method of reimbursement.
"It will be a trade-off between convenience for the consumer and security for the company," he said. "Technically speaking, it should be very easy, but the company must make sure that it does not leave a loophole open for people to try and claim NT$200 deposit back when they return their cards in a few years time," Sun said.
Consumers also reacted positively to the news.
"An NT$200 deposit is a bit steep," said 27-year old Hwang Yu-ru (
The IC-chip embedded EasyCard, first launched in June, allows users to access bus lines, Mass Rapid Transit trains and 33 parking lots in Taipei City, simply by touching the card to a sensing device. It retails for a minimum of NT$500, including the deposit.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat