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December, 4, 2016

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Taiwan
Prosecutors on Friday indicted Mckinney Tsai (蔡有才), former chairman of turmoil-ridden Mega Financial Holding Co., Ltd. (兆豐金控), on a string of financial charges and recommended he be handed a 12-year prison sentence.
 
Business leaders slam annual leave reforms
Business leaders said Friday the government was creating, not addressing problems for local enterprises by trying to force through a series of controversial amendments to the Labor Standards Act, arguing the changes would threaten the survival of small and medium-sized enterprises.
 
Crackdown on illegal farms launched to tackle bird flu
Animal quarantine authorities have stepped up a crackdown on illegal poultry farms in a bid to contain the spread of bird flu.
 
IoT 'giving rise to security threats'
Companies and governments eager to harness the enormous growth potential of the internet of things (IoT) have rapidly produced millions of devices that could be hijacked in the service of distributed denial-of-service (DDoS) attacks, security specialists said Friday.
 
Mandarin Oriental lights up Christmas with 20-meter tree
Mandarin Oriental, Taipei yesterday put up a sparkling Christmas tree at The Arcade entrance on Dunhua North Road. The tree is 8 meters wide and 20 meters tall and features 28 candy-shaped LED lights.
 > Taipei
 
In the past, the Democratic Progressive Party (DPP) has shown itself to be adept at tapping into public discontent and converting them into electoral victories. It did so in 2014, standing by students in what was to become the Sunflower Movement and riding on a wave of public distrust toward the then-ruling KMT.
 
A "New Southbound Policy" introduced by the administration of President Tsai Ing-wen has been showing results in the tourism sector, with visitor arrivals from the target countries increasing, the Cabinet's Office of Trade Negotiations said Friday.
 
Construction begins for Ho-Fa Industrial Park
This photo shows land reserved for the development of Ho-Fa Industrial Park (和發產業園區) in Kaohsiung City. The city government announced the project had entered the construction stage and said it planned to sell two more plots of land on Thursday.
 
Zhang Zhijun (張志軍), head of China's Taiwan Affairs Office (國台辦), said Friday that his country continued to welcome investments from Taiwan companies but not those that support the idea of Taiwan independence.
 
Shares in Taiwan closed below the 9,200-point mark Friday as investors responded to steep falls in high-tech stocks in the United States overnight to cut their holdings in similar stocks here, dealers said.
 
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