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At 1:57pm on June 4, a gift from Japan arrived at Taiwan Taoyuan International Airport. Japan Airlines Flight JL809 was carrying a donation of 1.24 million doses of the AstraZeneca COVID-19 vaccine.
This moment stuck me for its historic importance, and I could not stop myself from saying out loud: “Good for you, Japan. Thank you.”
Germany, by contrast, has opted to dance to the tune of the Chinese Communist Party’s (CCP) “one China” principle, despite the fact that Germans feel the CCP breathing down their necks when they handle political issues involving Taiwan.
It is not difficult to understand
Stabilization fund commission mulls meeting after market plunge
05/12/2021 07:41 PM
CNA file photo
Taipei, May 12 (CNA) The National Stabilization Fund commission could meet soon following heavy losses on the local equity market, at a time of rising fears over domestically transmitted COVID-19 cases in Taiwan, Finance Minister Su Jain-rong (蘇建榮) said Wednesday.
When asked by lawmakers whether the stabilization fund would intervene in the market to smooth volatility, Su said that the commission could meet shortly to discuss whether to enter the market.
The NT$500 billion (US$17.85 billion) stabilization fund was set up in 2000 by the government to serve as a buffer against unexpected external factors that might disrupt the local bourse.
The TAIEX yesterday sank by 680.76 points, or 4.11 percent, to close at 15,902.37 points, the second-
largest one-day drop after a fall of 696 points on Jan. 30 last year, amid concern over the rising number of local COVID-19 infections, analysts said.
The weighted index, which closed at 16,583.13 points on Tuesday, opened down and lost 300 points in the first 15 minutes of trading, before climbing to 16,550 points at 9:46am, Taiwan Stock Exchange (TWSE) data showed.
However, it lost its footing again, plunging 1,400 points to 15,165.27 points at 11:25am. That represented a drop of 9 percent the largest
2021/05/11 16:24 (Pixabay photo) (Pixabay photo) TAIPEI (Taiwan News) After a preliminary reading, the Legislative Yuan on Monday (May 10) approved a proposed amendment to an act that aims to lower requirements for foreign white-collar professionals to work in Taiwan. Devised by the National Development Council (NDC), the draft amendment of the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) seeks to attract more foreign talent to the country to ease labor shortages in the key areas of science, economics, culture, and education. It will allow foreign professionals to enjoy extended tax deductions and health insurance coverage and make it easier for them to become permanent Taiwan residents.