TAIPEI : Taiwan's economy ministry said on Thursday it had fined Foxconn, the world's largest contract electronics maker, T$10 million ($329,088) for making an unauthorised investment in embattled Chinese chip conglomerate Tsinghua Unigroup.Taiwan's government, which needs to clear all outbound investment
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Taiwan presidential contender says he wants peace with ChinaTAIPEI: Taiwan Vice President William Lai pledged on Wednesday (Jan 18) to maintain the peaceful status quo with China but also to defend Taiwan, as he took the helm at the ruling pa
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Taiwan’s military to allow women in reservist training for first time amid China threatAs the country strengthens its forces against threats from China, Taiwan’s military has announced its plans to allow women in its reservist training for the first time. On Tuesday, Taipei’s defense ministry permitted about 200 discharged female soldiers to enroll in voluntary reservist training in the second quarter of this year as a means to bolster the nation’s forces. “This is the first year to include women in the reservists training so this year will be a trial program,” Major General Yu Wen-cheng of the ministry’s All-Out Defense Mobilization Agency said, according to Agence France-Presse.
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Taiwan presidential contender warns against appeasing ChinaTAIPEI: Appeasing China will not bring peace, Taiwan's vice-president said on Wednesday (Jan 18), days after he was elected head of the ruling party in a move that makes him
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China’s navy conducts South China Sea combat drills involving aircraft carrierIt indicates the vessel's readiness for long-distance, large-scale operations, says military observer. Read more at straitstimes.com.
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US, Taiwan officials pledge ambitious trade negotiating scheduleTaiwan last year was excluded from a broader US trade initiative covering Indo-Pacific countries that also focuses on non-tariff issues. Read more at straitstimes.com.
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Taiwan’s economy seen slowing in 2023 as global demand weakensOfficials have warned that overseas shipments would struggle, and the official trade outlook is bearish through at least the current quarter. Read more at straitstimes.com.
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