The central bank today announced plans to redesign all New Taiwan dollar banknotes after 24 years in circulation to update certain images, enhance anti-counterfeiting features and introduce more sustainable materials.
It has already been decided that the NT$500 note is to undergo a redesign, central bank Governor Yang Chin-long (楊金龍) said during a report to the Legislative Yuan’s Finance Committee.
Although it represents conservation, it currently features the Formosan sika deer, whose status as a protected species has changed as its numbers have returned to a sustainable level, Yang said.
Photo: CNA
After more than two decades in use, it is necessary to upgrade the banknotes’ anti-counterfeiting features to include dynamic color-shifting and motion effects, the bank said.
The new notes would also use more eco-friendly materials and greener production processes to align with global trends and sustainability goals, it added.
Coins would not be redesigned, as they are of low value and produced in large quantities, it said.
Meanwhile, Yang did not comment on speculation that the new NT$500 bill could feature an updated baseball motif.
The design is to be decided by a specialized advisory committee at the central bank, he said.
In January, President William Lai (賴清德) said he would push for the NT$500 bill’s design to be changed from the baseball players of Taitung County Nan Wang Elementary School to last year’s Premier12-winning national team.
TRAFFIC SAFETY RULES: A positive result in a drug test would result in a two-year license suspension for the driver and vehicle, and a fine of up to NT$180,000 The Ministry of Transportation and Communications is to authorize police to conduct roadside saliva tests by the end of the year to deter people from driving while under the influence of narcotics, it said yesterday. The ministry last month unveiled a draft of amended regulations governing traffic safety rules and penalties, which included provisions empowering police to conduct mandatory saliva tests on drivers. While currently rules authorize police to use oral fluid testing kits for signs of drug use, they do not establish penalties for noncompliance or operating procedures for officers to follow, the ministry said. The proposed changes to the regulations require
The Executive Yuan yesterday announced that registration for a one-time universal NT$10,000 cash handout to help people in Taiwan survive US tariffs and inflation would start on Nov. 5, with payouts available as early as Nov. 12. Who is eligible for the handout? Registered Taiwanese nationals are eligible, including those born in Taiwan before April 30 next year with a birth certificate. Non-registered nationals with residence permits, foreign permanent residents and foreign spouses of Taiwanese citizens with residence permits also qualify for the handouts. For people who meet the eligibility requirements, but passed away between yesterday and April 30 next year, surviving family members
Taipei, New Taipei City, Keelung and Taoyuan would issue a decision at 8pm on whether to cancel work and school tomorrow due to forecasted heavy rain, Keelung Mayor Hsieh Kuo-liang (謝國樑) said today. Hsieh told reporters that absent some pressing reason, the four northern cities would announce the decision jointly at 8pm. Keelung is expected to receive between 300mm and 490mm of rain in the period from 2pm today through 2pm tomorrow, Central Weather Administration data showed. Keelung City Government regulations stipulate that school and work can be canceled if rain totals in mountainous or low-elevation areas are forecast to exceed 350mm in
China Airlines Ltd (CAL) yesterday morning joined SkyTeam’s Aviation Challenge for the fourth time, operating a demonstration flight for “net zero carbon emissions” from Taiwan Taoyuan International Airport to Bangkok. The flight used sustainable aviation fuel (SAF) at a ratio of up to 40 percent, the highest proportion CAL has achieved to date, the nation’s largest carrier said. Since April, SAF has become available to Taiwanese international carriers at Taipei International Airport (Songshan airport), Kaohsiung International Airport and Taoyuan airport. In previous challenges, CAL operated “net zero carbon emission flights” to Singapore and Japan. At a ceremony at Taoyuan airport, China Airlines chief sustainability
RSS