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May, 29, 2016

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Taiwan is promoting itself as the top choice for foreign nationals to learn Mandarin Chinese through a new initiative that arranges for foreign students to take part in cultural activities while learning the language in the country.
Taiwan witnessed its share of the global smartphone assembly business fall in the first quarter of this year amid escalating competition in the world market, market information advisory firm International Data Corp. (IDC) said Saturday.
The Taiwan High Speed Rail Corp. (THSRC) announced Friday an overhaul of its timetable in conjunction with the inauguration of its Nangang station July 1.
Red summer
This undated photo from the Forestry Bureau shows the bright red leaves of Acer maximowiczii at Yilan's Taipingshan National Forest Recreation Area.
 > Ilan
Formosa Petrochemical Corp. said Saturday that it has decided to lower its diesel prices but leave gasoline prices unchanged for this week.
NTU president re-elected
Yang Pan-chyr, president of National Taiwan University (NTU), speaks at a school meeting Saturday, May 28, where he was re-elected to another term. Yang, a professor of medicine, received 142 votes of approval from more than half of all attendees at the meeting for him to continue to lead Taiwan's top university for four more years.
 > Taipei
The Maokong Gondola service in Taipei will resume in June, following a 23-day suspension for annual maintenance, the Taipei Rapid Transit Corporation said Saturday.
 > Taipei
Economics Minister Lee Chih-kung (李世光) reiterated Friday that it remains the government's goal to phase out nuclear power by 2025, despite a plan that would extend the service of the country's first nuclear power plant.
Ma Ying-jeou, who stepped down as president just over a week ago, on Saturday dismissed an online rumor that he has decided to give up his retirement benefits.
Forecast for '16 GDP growth cut to 1.06%
Taiwan's official statistics agency has lowered its forecast for Taiwan's gross domestic product (GDP) growth for 2016 to 1.06 percent.
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