President Ma Ying-jeou (馬英九) is paying close attention to the situation on the Korean Peninsula and has instructed the National Security Council (NSC) to be fully prepared for any outcome, the Presidential Office said yesterday.
Under Ma’s instruction, NSC Secretary-General Jason Yuan (袁健生) held a meeting yesterday afternoon with top officials including Minister of National Defense Kao Hua-chu (高華柱) and Minister of Foreign Affairs David Lin (林永樂), in response to the escalating tension between North and South Korea.
The president has closely been watching the situation and the government will be prepared to handle any development, Presidential Office spokesperson Lee Chia-fei (李佳霏) said, adding that Ma called on East Asian nations to jointly maintain peace and prosperity in the area and resolve disputes in a rational manner.
Tension in the Korean Peninsula showed no signs of easing, after North Korea warned of dire repercussions over UN sanctions and US military drills with South Korea.
The Ministry of Foreign Affairs in a statement last night urged North Korea to exert self-restraint and to seek dialogue to resolve the issues about which Pyongyang is concerned.
The ministry has contingency plans for any scenario in the Korean Peninsula, and has established emergency task forces in its Taipei office and in the Taipei Mission in Korea to monitor the situation and adjust its plans, it said.
Taiwanese are advised not to travel to North Korea at present, but the ministry did not plan to raise its travel alert level for South Korea and Japan, as travel alert levels for South Korea and Japan in the US, Japan and Australia have stayed the same, the ministry said.
The ministry maintains its “gray” travel alert for South Korea and Japan — the lowest on the ministry’s four-color scale — which advises caution.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,
RELEASED: Ko emerged from a courthouse before about 700 supporters, describing his year in custody as a period of ‘suffering’ and vowed to ‘not surrender’ Former Taiwan People’s Party (TPP) chairman Ko Wen-je (柯文哲) was released on NT$70 million (US$2.29 million) bail yesterday, bringing an end to his year-long incommunicado detention as he awaits trial on corruption charges. Under the conditions set by the Taipei District Court on Friday, Ko must remain at a registered address, wear a GPS-enabled ankle monitor and is prohibited from leaving the country. He is also barred from contacting codefendants or witnesses. After Ko’s wife, Peggy Chen (陳佩琪), posted bail, Ko was transported from the Taipei Detention Center to the Taipei District Court at 12:20pm, where he was fitted with the tracking