The legislature’s Transportation Committee yesterday rejected a clause in a draft bill for the establishment of a state-run international airport zone company that would allow the Ministry of Transportation and Communications to appoint experts from overseas to management positions.
The bill was drafted following the passage of the Statute for Developing an International Airport Park (國際機場園區發展條例), which was promulgated by President Ma Ying-jeou (馬英九) in January.
Minister of Transportation and Communications Mao Chi-kuo (毛治國) said that the ministry included the proposal in the draft bill because it was hoping to recruit foreign experts to serve as vice president or in other top management positions to help manage the new airport company.
Mao cited Hong Kong’s Chek Lap Kok International Airport, which recently hired a professional manager from Taiwan, as an example.
To attract top foreign professionals, the ministry proposed that they be exempted from the Public Functionary Assets Disclosure Act (公職人員財產申報法).
“We have found that the asset disclosure requirement has prevented many potentially qualified professionals from accepting government-appointed positions,” Mao said.
“That is why a lot of state-run corporations have difficulty finding professionals from the private sector to serve as independent board directors,” he said.
Mao said that the company does not have to hire foreigners, but the article would have given it some leeway in offering positions to qualified individuals from overseas.
However, the ministry’s hopes were dashed when lawmakers insisted that the clause be removed.
Chinese Nationalist Party (KMT) Legislator Tsao Erh-chang (曹爾忠) said that since the airport management company is a state-run firm, Taiwanese nationals should be considered first.
It is more appropriate to hire foreigners as consultants, he said.
KMT Legislator Tsai Chin-lung (蔡錦隆) and the Democratic Progressive Party (DPP) Yeh Yi-ching (葉宜津) also opposed the regulation freeing foreigners from disclosing their assets.
Like their Taiwanese peers, they should be regulated by the Public Functionary Assets Disclosure Act, they said.
A proposed 100 percent tariff on chip imports announced by US President Donald Trump could shift more of Taiwan’s semiconductor production overseas, a Taiwan Institute of Economic Research (TIER) researcher said yesterday. Trump’s tariff policy will accelerate the global semiconductor industry’s pace to establish roots in the US, leading to higher supply chain costs and ultimately raising prices of consumer electronics and creating uncertainty for future market demand, Arisa Liu (劉佩真) at the institute’s Taiwan Industry Economics Database said in a telephone interview. Trump’s move signals his intention to "restore the glory of the US semiconductor industry," Liu noted, saying that
On Ireland’s blustery western seaboard, researchers are gleefully flying giant kites — not for fun, but in the hope of generating renewable electricity and sparking a “revolution” in wind energy. “We use a kite to capture the wind and a generator at the bottom of it that captures the power,” said Padraic Doherty of Kitepower, the Dutch firm behind the venture. At its test site in operation since September 2023 near the small town of Bangor Erris, the team transports the vast 60-square-meter kite from a hangar across the lunar-like bogland to a generator. The kite is then attached by a
Foxconn Technology Co (鴻準精密), a metal casing supplier owned by Hon Hai Precision Industry Co (鴻海精密), yesterday announced plans to invest US$1 billion in the US over the next decade as part of its business transformation strategy. The Apple Inc supplier said in a statement that its board approved the investment on Thursday, as part of a transformation strategy focused on precision mold development, smart manufacturing, robotics and advanced automation. The strategy would have a strong emphasis on artificial intelligence (AI), the company added. The company said it aims to build a flexible, intelligent production ecosystem to boost competitiveness and sustainability. Foxconn
Leading Taiwanese bicycle brands Giant Manufacturing Co (巨大機械) and Merida Industry Co (美利達工業) on Sunday said that they have adopted measures to mitigate the impact of the tariff policies of US President Donald Trump’s administration. The US announced at the beginning of this month that it would impose a 20 percent tariff on imported goods made in Taiwan, effective on Thursday last week. The tariff would be added to other pre-existing most-favored-nation duties and industry-specific trade remedy levy, which would bring the overall tariff on Taiwan-made bicycles to between 25.5 percent and 31 percent. However, Giant did not seem too perturbed by the