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March 24, 2017

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Mayday's ready to rock, but is Taipei?
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US, UK ban laptops on some int'l flights
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Premier unveils eight-year infrastructure plan
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Business
Taiwan shares end higher, edging in on 10,000 point mark
Shares in Taiwan closed higher but remained just short of the 10,000 point mark on Tuesday after Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the most heavily weighted local stock, led an upturn throughout the session, dealers said.
 > Taiwan
 
Mixed picture for unemployment in February
Taiwan's jobless rate in February edged slightly higher in February on a nominal basis but was relatively flat after being adjusted for seasonal factors, the Directorate General of Budget, Accounting and Statistics (DGBAS) reported on Wednesday.
 > Taiwan
 
70% see no increase in overtime pay: survey
Dissatisfaction is rife over new labor laws on overtime pay.
 > Taiwan
 
TAIEX tumbles in early morning trading
Taiwan's main stock index fell more than 120 points in early trading on Wednesday after markets in the U.S. ended sharply down on Tuesday.
 > Taiwan
 
Electronics banned in cabins on some US-bound flights
Seeking to bolster airline security, the U.S. government is temporarily barring passengers on certain flights originating in eight other countries from bringing laptops, iPads, cameras and most other electronics in carry-on luggage starting Tuesday.
 
U.C. Pharma to launch softgel anti-inflammatory
Leading Taiwanese pharmaceutical company U.C. Pharma (五洲製藥) will launch the first-ever Taiwan-made softgel ibuprofen early next year.
 
FAT pilot dismissed after failing preflight breathalyzer
Taipei-based airline Far Eastern Air Transport (FAT) confirmed Tuesday that it sacked a pilot in early March after discovering that his blood had a higher alcohol concentration level than the legal limit.
 
Gogoro teams with PXMart to expand battery swapping
Taiwanese startup Jarvish, inventor of Jarvish smart motorcycle helmet, announced Tuesday that the helmet had entered mass production and would be available in Taiwan in April and the U.S., France and Southeast Asia in May.
 
European stock markets mostly rose on Tuesday, after gains across most of Asia, but London fell as surging inflation data sent the pound flying, dealers said.
 
Minister of Science and Technology Chen Liang-gee (陳良基) said Tuesday that he expects Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) to begin production of chips on the advanced 3 nanometer process in 2023.
 
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