Pre-sales for Premier12 Championship commemorative coins, set to be physically distributed in November, began yesterday and would run until Wednesday next week, the central bank said.
A total of 36,000 coins, priced at NT$1,600 each, would be released to celebrate Taiwan’s victory in last year’s World Baseball Softball Confederation (WBSC) Premier12 Championship.
The Bank of Taiwan, which is handling the sale and distribution, would offer registration for the purchase through its Web site or at its branches, excluding those that provide only basic banking services.
Photo: CNA
Should pre-sales exceed the 36,000-coin limit, a computer-generated draw would be held on Thursday next week to select the lucky purchasers, the central bank said.
The list of selected purchasers would be released at 6pm on Thursday. Those who have chosen to buy the commemorative coin would have until 3:30pm on July 11 to complete their payment. Failure to do so by the deadline would result in the forfeiture of their right to purchase the coin.
Those who complete their payment would be able to collect their coins from a designated Bank of Taiwan branch in November.
Taiwan’s national baseball team made history on Nov. 24 last year by securing Taiwan’s first gold medal in a world-class national team tournament after defeating Japan 4-0 in the WBSC Premier12 Championship Game at the Tokyo Dome.
The obverse of the coin features the team’s players celebrating with the Premier12 trophy, while the reverse displays the phrase “Global Champions Premier12” in English, along with the coin’s nominal value (NT$50) and the date of the championship game.
The reverse says that the coin is made from half an ounce of 99.9 percent pure silver.
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
NOT JUSTIFIED: The bank’s governor said there would only be a rate cut if inflation falls below 1.5% and economic conditions deteriorate, which have not been detected The central bank yesterday kept its key interest rates unchanged for a fifth consecutive quarter, aligning with market expectations, while slightly lowering its inflation outlook amid signs of cooling price pressures. The move came after the US Federal Reserve held rates steady overnight, despite pressure from US President Donald Trump to cut borrowing costs. Central bank board members unanimously voted to maintain the discount rate at 2 percent, the secured loan rate at 2.375 percent and the overnight lending rate at 4.25 percent. “We consider the policy decision appropriate, although it suggests tightening leaning after factoring in slackening inflation and stable GDP growth,”
Greek tourism student Katerina quit within a month of starting work at a five-star hotel in Halkidiki, one of the country’s top destinations, because she said conditions were so dire. Beyond the bad pay, the 22-year-old said that her working and living conditions were “miserable and unacceptable.” Millions holiday in Greece every year, but its vital tourism industry is finding it harder and harder to recruit Greeks to look after them. “I was asked to work in any department of the hotel where there was a need, from service to cleaning,” said Katerina, a tourism and marketing student, who would
i Gasoline and diesel prices at fuel stations are this week to rise NT$0.1 per liter, as tensions in the Middle East pushed crude oil prices higher last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week rose for the third consecutive week due to an escalating conflict between Israel and Iran, as the market is concerned that the situation in the Middle East might affect crude oil supply, CPC and Formosa said in separate statements. Front-month Brent crude oil futures — the international oil benchmark — rose 3.75 percent to settle at US$77.01