WORKING CULTURE
No rest for office workers
More than half of Taiwanese office workers devote more than three hours a day while on vacation to work-related matters, according to the results of a survey conducted by global workplace solutions provider Regus PLC, which was released yesterday. More than 26,000 office workers from 96 countries took part in the survey, which found that 17 percent of employees reported working three hours a day on average during their holidays. The figure for Taiwanese workers stood at 51 percent. The research also found that 42 percent of men and 34 percent of women worldwide had to deal with work-related telephone calls and e-mails while on vacation.
NATIONAL DEBT
Government warned on debt
The government faces more than NT$3 trillion (US$100.18 billion) in debts due throughout the 10-year period ending in 2021, with the peak repayment period set for 2016, the National Audit Office said on Monday. More than NT$465 billion in government bonds are due in 2016, according to an audit released by the office on the final accounts of the central government for last year. According to the report, by the end of this year the government’s outstanding debt with maturity of one year and above will account for 38.07 percent of the average GDP for the previous three years. That means the government has a little more than NT$300 billion left in its line of credit, the office said, cautioning it to properly allocate the nation’s resources.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan
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