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By On June 19, 2018

President Tsai thanks Belize, St. Lucia for support of Taiwan

President Tsai thanks Belize, St. Lucia for support of Taiwan2018/06/19 16:06:26

President Tsai Ing-wen (è"¡è‹±æ–‡, right) and St. Lucia's ambassador to Taiwan Edwin Laurent (left)

Taipei, June 19 (CNA) President Tsai Ing-wen (è"¡è‹±æ–‡) on Tuesday expressed gratitude to Belize and Saint Lucia, two of Taiwan's diplomatic allies, for their support of Taiwan's efforts to expand its international participation.
While receiving a delegation of Belizean parliamentarians at the Presidential Office, Tsai said Belize President Dean Barrow has been firm in his support of Taiwan's bid to gain greater international participation and has maintained long-term bilateral exchanges with Taiwan.
Belize has spoken up in favor of Taiwan's inclusion in major international or ganizations and events, including the World Health Assembly (WHA), the International Civil Aviation Organization and the United Nations Framework Convention on Climate Change (UNFCCC), Tsai noted.
She said that since she took office in 2016, Taiwan and Belize have stepped up exchange visits by high-level government officials, while Belize has participated in several food exhibitions in Taiwan.
The current visit by Belize Speaker of the House of Representatives Laura Tucker-Longsworth, Senate President Lee Mark Chang and Senator Stephen A. Duncan is indicative of the importance of parliamentary diplomacy between the two countries, Tsai said.
She said she was grateful for Belize's support and felt that the delegation's current visit would help strengthen bilateral ties.
At another event at the Presidential Office, Tsai expressed similar sentiments regarding St. Lucia, which recently appointed Edwin Laurent as its new ambassador to Taiwan.
At a meeting in which Laurent presented his credentials to Tsai, she thanked the Caribbean country for its long-term support of Taiwan's efforts at international participation.
Tsai noted that St. Lucia Prime Minister Allen Chastanet has voiced support for Taiwan's international presence at the United Nations General Assembly and has urged the UNFCCC to allow Taiwan to attend its meetings.
In addition, St. Lucia sent a letter to World Health Organization Director-General Tedros Adhanom Ghebreyesus, asking that Taiwan be allowed to participate in the WHA as an observer, Tsai said.
She welcomed Laurent, an experienced diplomat, to Taiwan and said his appointment symbolized his country's high regard for its friendship and diplomatic ties with Taiwan.
Tsai asked Laurent to convey Taiwan's gratitude to Chastanet for his support.
Taiwan was excluded from the annual WHA meeting in 2018 for the second consecutive year and has been battling to gain greater internation al space against strong efforts at suppression by China.
(By Lu Hsin-hui and Frances Huang)
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Source: Google News Taiwan | Netizen 24 Taiwan

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By On June 19, 2018

Taiwan News: Government to Urge Airline Boycott, Quake Strikes Japan

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The Financial Times is reporting that Taiwan's National Security Council (NSC) Secretary General David Lee (李大維)) says the government is seeking to urge the public to boycott airlines that altered Taiwan's designation on their websites.

According to the UK newspaper, Lee says the government will make it clear that the public can choose not to fly on airlines that have caved in to pressure from Beijing to change the island's designation to "Taiwan, China" on their websites.

The Financial Times is quoting the former Taiwan foreign minister as saying other measures could include taking legal action against companies that now describe Taiwan as part of China.

The report also quotes American Institute in Tai wan Chairman James Moriarty as saying Beijing is using unfortunate interference in commercial matters to prove a political point that at its core is not accurate, as Taiwan is not a province of the People's Republic of China.

China's aviation regulator has given international airlines until the end of this month to amend their websites and remove any references to Taiwan being independent of China.

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Taiwan President Tsai Ing-wen (è"¡è‹±æ–‡) is asking Foreign Minister Joseph Wu (吳釗) to express her deepest sympathy and concern to Japan after a magnitude 6.1 earthquake rocked the western part of the country Monday.

Taiwan Foreign Minister Joseph Wu.

Presidential Office spokesman Sidney Lin (林鶴明) says Tsai has asked Wu to extend sympathy to Japan on behalf of Taiwan's government and its people after the quake rocked Osaka Monday morning, killing at least f our people, according to early reports.

According to Lin, the president hopes that damage from the earthquake will be as limited as possible, and that the people of Japan are safe. She has also asked the Ministry of Foreign Affairs to offer necessary assistance to Taiwan expats and tourists affected by the quake.

No Taiwanese nationals either in the city or the surrounding were injured in the earthquake.

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Police in New Taipei City say they have found the dismembered remains of a 30-year old woman believed to have been murdered by her archery instructor.

According to police, the suspect cut the woman's body into seven parts before burying them on in a mountainous area in the city's Wanli District.

Law enforcement officials say the body parts are being examined by forensic teams and officers are gathering evidence from the dump site and the suspect's studio.

The suspect, Chen Bo-qian, has been questioned several times in connection with the case. And police say the 37-year old has now admitted to killing the woman and has told them he strangled her after they met for drinks at his archery school at the Huashan Creative Park in Taipei.

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Taiwan Power Company (Taipower), the state-owned electricity producer, says it will ensure that operating reserve margins remain above 6 percent before July, amid fears that ongoing strains on Taiwan's power supply could lead to regional blackouts.

According to Taipower, operating reserve margins will be above 6 percent through the end of June and the company will carryout maintenance work on holidays when electricity consumption is lighter in order to minimize the impact on consumers.

The company says power supplies for households and companies during that time will be sufficient, and that Tai-Power is also considering reducing power gener ation at thermal power plants to help reduce pollution.

The statement comes after the No. 2 reactor at Taiwan's Second Nuclear Power Plant began generating electricity at full capacity on Sunday for the first time in more than two years.

It had been offline as a result of problems with its electrical system. The reactor was given the green light to re-start operations on June 4.

The reactor can generate 985,000-kilowatts of electricity, or about 2.7 percent of Taiwan's total operating reserve margin, when running at full capacity.

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Premier William Lai (賴清德) says the government continues to believe that some 20 percent of Taiwan's power supplies can come from renewable sources by 2025.

Speaking during a tour of a major offshore wind development site in Changhua, Lai told reporters that wind power remains a major element of that goal.

According to the premier, the government believes it will be able to replace the 12 to 15 percent of the island's energy sources currently generated by nuclear power with renewables, including wind and solar power.

Lai also touted Changhua County on Taiwan's west coast as being the prime site for offshore wind development, suggesting seven sites there will produce 3 GW of wind power when fully operational.

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Minister without portfolio Audrey Tang (å"é³³) says Taiwan's democratic development has been boosted tremendously by open governance.

Speaking in New York, Tang said Taiwan has found ways to break down boundaries, despite Taiwan's international isolation, and the country has a lot to share with nations who also enjoy common values of democracy and freedom. Tang is responsible for the government's digital technology policy and was in New York to attend the Personal Democracy Forum, which focuses on ass essing technology’s impact on government, politics, media, and democratic societies.

Tang highlighted the work of vTaiwan, an online-offline platform that brings together government ministers, elected representatives, scholars, experts, business leaders, civil groups and citizens to share and discuss various issues in Taiwan with an eye to streamlining the government policy making process.

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Read Next: Taipei and the Tactics of Everyday Life

This news bulletin was provided courtesy of International Community Radio Taipei (ICRT), Taiwan’s leading English-language broadcaster.

Editor: David Green

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Source: Google News Taiwan | Netizen 24 Taiwan

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By On June 19, 2018

Taiwan headline news

Taiwan headline news2018/06/19 10:09:24

Taipei, June 19 (CNA) The lead stories in major Taiwan dailies on Tuesday are as follows:
@United Daily News: Taipei to encourage boycott of carriers that yield to Chinese pressure
@China Times: Sports coach kills, dismembers woman after sexual advance rejected
@Liberty Times: Taipei to encourage boycott of carriers that yield to Chinese pressure
@Apple Daily: Sports coach kills, dismembers woman after sexual advance rejected
@Economic Daily News: Apple suppliers expected to see brisk sales until 2019
@Commercial Times: TSMC leads dividend payout season
@Taipei Times: Fight dual document idea: academic
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Source: Google News Taiwan | Netizen 24 Taiwan

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By On June 19, 2018

US Senate passes bill calling for troops to join Taiwan drills

U.S. Senate passes bill calling for troops to join Taiwan drills2018/06/19 10:30:25

CNA file photo

Washington, June 18 (CNA) The U.S. Senate on Monday passed an annual defense policy bill for fiscal year 2019, which included recommendations for American troops to participate in Taiwan's military exercises and vice versa.
The National Defense Authorization Act cleared the Senate 85-10, after the House of Representatives passed a similar bill on May 24.
Section 1243 of the bill reiterates the Unites States' decades-long stance that the Taiwan Relations Act and "Six Assurances" are both cornerstones of Taiwan-U.S. relations.
Based on those cornerstones, the U.S. should "strengthen defense and security cooperation with Taiwan to support the development o f capable, ready, and modern defense forces necessary for Taiwan to maintain a sufficient self-defense capability," the bill states.
It also says the U.S. secretary of defense should promote department of defense policies concerning exchanges that enhance the security of Taiwan, "including U.S. participation in appropriate Taiwan exercises, such as the annual Han Kuang exercise" and vice versa.
The annual Han Kuang military exercises are Taiwan's biggest annual drill. It is held in two stages, starting with computer-aided war games, after which live-fire drills are staged across the country.
The U.S. Senate bill also calls for both sides to expand cooperation in the areas of humanitarian assistance and disaster relief and urges the secretary of defense to consider supporting a visit by an American hospital ship to Taiwan as part of the annual "Pacific Partnership" mission to improve disaster response planning and preparedness.
(By Chian g Chin-yeh and Y.F. Low)
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Source: Google News Taiwan | Netizen 24 Taiwan

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By On June 19, 2018

Taiwan shares plunge amid US-China trade friction

Taiwan shares plunge amid U.S.-China trade friction2018/06/19 11:58:25

Taipei, June 19 (CNA) Taiwan shares took a beating Tuesday morning, falling more than 100 points, amid escalating fears over a trade war between the United States and China, dealers said.
Selling focused on large-cap stocks, particularly in the bellwether electronics sector, led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the most heavily weighted stock on the local market, they said.
As of 10:46 a.m., the weighted index on the Taiwan Stock Exchange (Taiex), had fallen 163.32 points, or 1.47 percent, to 10,924.84 on turnover of NT$89.04 billion (US$2.96 billion).
The main board encountered heavy downward pressure on opening and the selling escalated among electronics heavyweights, which sent the Taiex plunging by more than 100 points, dealers said.
"The Taiex was closed on Monday for the Dragon Boat Festival holiday while other regional markets were reacting badly to the simmering trade friction between Washington and Beijing," MasterLink Securities analyst Tom Tang said. "Today, local equities are catching up as selling emerged right after the market opened."
On Friday, U.S. President Donald Trump announced an additional 25 percent tariff on US$50 billion worth of imports from China, including machinery, robotics, aerospace items, information technology devices and auto products, with effect from July 6.
In retaliation, China said that on the same date it will impose a 25 percent tariff on US$34 billion worth of U.S. soybeans, electric vehicles and other products and will look at slapping the tariff on another US$16 billion worth of American goods.
Following that statement, Trump on Monday threatened to impose a 10 percent tariff on US$200 bi llion worth of Chinese products.
"While I do not believe there will be an all-out trade war between the U.S. and China as there is still room for negotiation, foreign institutional investors in particular are seizing on that development to lock in their earlier gains," Tang said. "Large-cap electronics stocks such as TSMC are the main targets."
As of 10:46 a.m. Tuesday, TSMC had dropped NT$6.50, or 2.81 percent, to NT$224.50 with 30.68 million shares changing hands. Its losses dragged down the Taiex by about 65 points and led the bellwether electronics sector to a 1.68 percent loss.
"With TSMC weakened, the broader market is unlikely to stabilize," Tang said.
"The stock could see more selling as it moves closer to the nearest technical resistance of NT$220.00."
Also in the tech sector, iPhone assembler Hon Hai Precision Industry Co., second only to TSMC in terms of market value, had fallen 2.00 percent to NT$83.30, and Larg an Precision Co., a smartphone camera lens supplier to Apple Inc., had dropped 4.03 percent to NT$4,405 as of 10:46 a.m.
The selling had also spread to non-tech stocks, dragging down the financial sector 1.26 percent. Among the falling financial stocks, Fubon Financial Holding Co. had dropped 1.30 percent to NT$53.00 and Cathay Financial Holding Co. 1.45 percent to NT$54.50.
"Foreign institutional investors, who have been on the sell side in recent sessions, will determine the movement of the main board," Tang said. "Investors will be watching closely whether the Taiex manages to close above 10,900 points or becomes technically weaker."
According to the TWSE, foreign institutional investors sold a net NT$2.07 billion worth of shares June 1-15.
(By Frances Huang)
Enditem/pc

Source: Google News Taiwan | Netizen 24 Taiwan

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By On June 19, 2018

Renewed Selling Pressure Tipped For Taiwan Shares

S & P 500 -33.52 2,740.23 (-1.21%) Pre-market 04:16:39 AM EDT NASDAQ 100 -92.45 7,158.96 (-1.27%) Pre-market 04:16:39 AM EDT DJIA -382.80 24,633.20 (-1.53%) Pre-market 04:16:39 AM EDT NIKKEI 225 -504.20 22,175.80 (-2.22%) 04:14:28 AM EDT Renewed Selling Pressure Tipped For Taiwan Shares RTTNews Jun. 18, 2018, 08:30 PM

(RTTNews) - Ahead of Monday's holiday for the Dragon Boat Festival, the Taiwan stock market had moved higher in two of three trading days since the end of the three-day slide in which it had retreated more than 105 points or 0.9 percent. The Taiwan Stock Exchange now rests just beneath the 11,090-point plateau al though it figures to head south again on Tuesday.

The global forecast for the Asian markets suggests initial weakness, although bargain hunting and a bump in crude oil prices may lift stocks as the day progresses. The European markets were down and the U.S. markets were mixed and the Asian bourses figure to follow the latter lead.

The TSE finished modestly higher on Friday following gains from the financial shares and a mixed picture from the technology stocks.

For the day, the index climbed 73.49 points or 0.67 percent to finish at the daily high of 11,087.47 after moving as low as 10,981.61 on turnover of 189.98 billion Taiwan dollars.

Among the actives, Taiwan Semiconductor Manufacturing Company soared 1.99 percent, while Innolux added 0.42 percent, AU Optronics perked 1.50 percent, Largan Precision lost 0.65 percent, Hon Hai Precision shed 0.58 percent, Catcher Technology surged 2.47 percent, CTBC Financial climbed1.14 percent, Fubon Financial jum ped 1.51 percent, Mega Financial collected 0.56 percent, Cathay Financial spiked 1.47 percent and First Financial was unchanged.

The lead from Wall Street is uninspired as stocks opened lower on Monday. They moved off the lows as the day progressed but still ended mostly in the red.

The Dow fell 103.01 points or 0.41 percent to 24,987.47, while the NASDAQ added 0.65 points or 0.01 percent to 7,747.02 and the S&P 500 dipped 5.91 points or 0.21 percent to 2,773.75.

The weakness on Wall Street reflected lingering concerns about a global trade war after the U.S. and China announced plans to impose tariffs on billions of dollars in imported goods. Traders have expressed concerns the new tariffs could negatively affect global economic growth.

In economic news, the National Association of Home Builders noted an unexpected deterioration in homebuilder confidence in June.

Crude oil futures rebounded Monday as traders took advantage of steep recent losses. July West Texas Intermediate crude added 79 cents or 1.2 percent to settle at $65.85 a barrel on the New York Mercantile Exchange.

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Home News Stock News Renewed Selling Pressure Tipped For Taiwan Shares Source: Google News Taiwan | Netizen 24 Taiwan

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By On June 19, 2018

Extremely heavy rain forecast for southern Taiwan

Extremely heavy rain forecast for southern Taiwan2018/06/19 13:32:26

CNA file photo

Taipei, June 19 (CNA) The Central Weather Bureau (CWB) on Tuesday issued an alert for four cities and counties in southern Taiwan, saying they can expect extremely heavy rain, strong winds and thunderstorms in the day.
The weather alert was prompted by the approach of a tropical depression and southwesterly winds, which are also bringing heavy rains and similar conditions to central Taiwan and the offshore counties, the bureau said.
The extremely heavy rain alert was issued for Tainan and Kaohsiung cites and Chiayi and Pingtung counties, warning of more than 200mm of rainfall over a 24-hour period or more than 100mm over three hours.
Meanwhile, a heavy rain warning extended to Taichung and Nantou cities a nd the counties of Changhua, Yunlin, Taitung, Penghu and Kinmen, which are likely to see more than 80mm of rainfall over a 24-hour period, or more than 40mm within an hour, according to the CWB.
CWB forecaster Chang Cheng-chuan (張承傳) said the weather conditions are expected to deteriorate throughout the day Tuesday and residents of the areas listed in the warnings should be alert to sudden downpours, strong winds and thunderstorms.
He advised that people in central and southern Taiwan avoid outdoor activities in mountainous and coastal areas.
Temperatures were forecast to drop slightly to 27-28 degrees Celsius in central Taiwan on Tuesday, and 29 degrees in the south of the country.
In northern Taiwan, meanwhile, the weather is forecast to remain sunny, with sporadic showers on Tuesday afternoon and highs of 32-34 degrees.
The unstable weather and heavy rains in the southern half of the country are being caused mainly by a tropical depression in the area an d seasonal southwesterly winds, the CWB said.
(By Chen Wei-ting and Frances Huang)
Enditem/pc

Source: Google News Taiwan | Netizen 24 Taiwan