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Saturday, December 20, 2014
Police in Central Taiwan said Friday they have seized around 1,500 items of counterfeit brand-name clothing, in a copyright infringement matter involving NT$10 million (US$317,864).
Animal rights groups on Friday demanded the government draft a legal amendment to put explicit restrictions on venues with animal exhibitions and performances.
Democratic Progressive Party (DPP) Chairwoman Tsai Ing-wen (蔡英文), in a press conference yesterday morning after a meeting with the DPP's New Taipei City council members, asked that they support the party and vote for DPP candidates in the upcoming council chairman election or risk compromising their party membership.
South Korea's de facto embassy in Taiwan yesterday held the first-ever South Korea-Taiwan Cultural Exchange Seminar in Taipei to promote closer bilateral exchanges.
Taiwan and South Korea are now more prepared to sign economic agreements, such as investment insurance and double taxation prevention pacts, South Korea's representative to Taiwan Cho Baek-sang said yesterday.
Seven third-party payment developers yesterday said they choose the Financial Supervisory Commission (FSC, 金管會) in the escalating battle over who writes a series of supplementary bills regulating third-party payment platforms.
The Ministry of the Interior (MOI) intends to spend NT$20 billion to improve Taiwan's rural areas over the next four years, in an effort to bridge development gaps between urban and remote areas.
Shares in Taiwan staged a strong rebound Friday as buying was sparked by a rally on Wall Street overnight amid eased concerns that the U.S. Federal Reserve will rush to kick off an interest rate hike cycle, dealers said.
According to an announcement from the central bank yesterday, as early as June 2015 customers will be able to make foreign currency withdrawals directly from a range of domestic banks. This new service is part of an effort to encourage Taiwanese savers to use foreign currency ATM machines and make international banking more efficient for individuals, said the central bank.
The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.022 to close at NT$31.472 as traders reacted to the weakness of the Japanese yen by cutting their holdings in the local currency, dealers said.
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