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News - Taiwan and International

Taiwan presidential election

President Ma Ying-jeou declared victory at 8:12 p.m. Saturday in his search for a second and final term as television stations reported he received more than half the votes.

Nuclear power plant No. 2 safe from fuel oil leak: EPA

A fuel oil spill that polluted waters off northern Taiwan after a gravel vessel ran aground will not pose a safety hazard to the country's No. 2 nuclear power plant, the Environmental Protection Administration (EPA) said Tuesday.

PwC: Taiwan has high potential for M&A in Asia

Mergers and acquisitions in Asian countries are on the increase. The Cross-strait economic agreement (ECFA) and an investment agreement with Japan have moved Taiwan into the spotlight for international M&A’s in Asia, says the Executive Director of PricewaterhouseCoopers International Limited (PwC), Yu Ming-de.

Taiwan marine giant Evergreen to expand its fleet

Taiwan marine giant Evergreen Marine Corp is going to expand its fleets by adding another 32 “8,000TEU (20-feet container ship),” a contract worthy of some US$5 billion, announced its President Chang Yung-fa, according to Economic Daily Report.

Best whisky made in Taiwan

Best whisky is not from Scotland, Ireland or England but the one made in Taiwan, which won whisky contest in the heart of Scotland.

Taiwan to allow more foreign laborers in dirty and dangerous work

The Council of Labor Affairs wants to allow more foreign laborers to work in dangerous and dirty sectors of the economy, but is canceling plans to allow families with both parents older than 80 to recruit foreign domestic helpers, reports said Thursday.

Greatest economic risk for Taiwan in 2010

Taiwan editorial abstract (File 1 of a daily roundup) The world economy is expected to welcome in recovery in 2010. In Taiwan, however, the economy still faces risks, the largest of which lies in the government.

New income tax rates take effect

A spate of new tax measures will take effect on income earned in 2010 and be applied for the first time when individual taxpayers and companies file their income taxes in 2011.

Taiwan's eighth national park opens in Tainan

The establishment of Taiwan's eighth national park, Taijiang National Park in Tainan, was described by Vice Premier Eric Liluan Chu at its opening yesterday as an important landmark in Taiwan's environmental conservation efforts.

Taiwan unveils Asia's biggest solar power plant

Taiwan has unveiled what it calls Asia's biggest solar power plant as the island, which imports almost all its energy, seeks to tap into clean renewable resources, the government said yesterday.