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December, 3, 2016

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Taiwan
Chang Kuo-wei (張國煒), a former chairman of EVA Airways Corp., who was removed from his post earlier this year in a family succession war, is in the process of establishing a new airline company, a close associate confirmed Wednesday.
 
The Hakka Affairs Council (HAC) on Nov. 30 unveiled its new cloud computing-based services designed to better promote the culture of one of Taiwan's major ethnic groups globally.
 
Police are still investigating the whereabouts of a person abducted following an alleged dispute over drugs in New Taipei City.
 > Taipei
 
DPP rift
Supporters of Democratic Progressive Party (DPP) Legislator Ker Chien-min rally outside the DPP headquarters, Wednesday, Nov. 30. Ker, convener of the DPP legislative caucus, has been under fire for trying to make a compromise on the party-proposed same-sex marriage bill.
 
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.072 to close at NT$31.890 as traders here took cues from weakness in other regional currencies to dispose of the local unit, dealers said.
 
The Taiwan Institute of Economic Research (TIER, 台經院), one of Taiwan's leading think tanks, said Wednesday that it has upgraded a forecast of the local manufacturing sector for 2016, at a time when the country's exports and industrial production have shown signs of improving.
 
Indonesian President Joko Widodo met with a Taiwanese business delegation Wednesday and expressed gratitude for Taiwan's investment in his country over the years, while inviting more investment from Taiwan.
 
The Water Resources Agency will set up a solar photovoltaic system at a reservoir in Pingtung County, southern Taiwan, as part of efforts to facilitate the implementation of the government's renewable energy development policy, the agency said Wednesday.
 
Crown Bioscience International Inc. conducted its initial public offering (IPO) of common shares by auction and public offer, according to a press release from the Taiwan Stock Exchange Co. (TWSE).
 
A recent joint effort by Taiwanese and Philippines law enforcement authorities led to a raid on a telecom-fraud operation base in Cebu earlier this month, the Criminal Investigation Bureau (CIB) has announced.
 
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