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July, 25, 2016

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Taiwan
Taiwan High Speed Rail Corp. (台灣高鐵) is planning to list on the Taiwan Stock Exchange (TWSE) to raise capital for future expansion and boost shareholder value.
 
Busting the joint
A marijuana bush standing three meters tall is shown in the photo taken at a papaya farm in Tainan, Saturday, July 23. The marijuana grower, surnamed Chen, has been arrested by the police. Up to 64 marijuana bushes were found on the farm. As the planting area is in a remote location and could not be seen easily, police who had been tipped off had to pose as farmers, tracking a river and passing through waist-deep bushes to reach the farm.
 > Tainan
 
Plans to develop the Taipei Xinyi A7 area into a new project called the Taipei Sky Tower (TST) in hopes of propelling it onto the international stage have been announced
 > Taipei
 
Several government units are jointly launching a series of seminars around the country to share tips on working holiday programs with Taiwanese youths who intend to embark on overseas visits, the Ministry of Foreign Affairs (MOFA) has announced.
 
Taiwan Mobile Co. (台灣大哥大) announced last week that it has signed a Memorandum of Understanding (MOU) with Nokia to jointly develop fifth-generation (5G) technology.
 
The Taiwan External Trade Development Council (TAITRA, 外貿協會) held a product launch event in Osaka last week, inviting awarded Taiwanese medical enterprises to enhance their brand visibility and increase their competitiveness in the Japanese market.
 
Latest ATM heist suspect
The undated photo shows Russian national Oxana Sarkisova, 42, the latest suspect identified by the police implicated in the First Bank ATM heist.
 
A high-ranking official from the Taiwan central bank suggested last week that the country's monetary policy will remain loose at a time when the global economy remains weak.
 
A fraud ring that cheated more than 10,000 victims in Taiwan and mainland China out of over 1 billion Chinese yuan (US$149.87 million) through a fake website has been busted, Taoyuan police said last week.
 
Families decry lack of answers on cause of bus blaze
Grieving family and relatives of 24 mainland Chinese tourists killed in a bus blaze in Taoyuan are growing increasingly frustrated over the investigation into the causes of the tragedy, Friday.
 > Taipei
 
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