The ruling party's attempt to push through controversial amendments to the Labor Standards Act in the Legislature Friday was thwarted after fierce resistance from protesters outside the lawmaking body in Taipei.
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 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.
Animal quarantine authorities have stepped up a crackdown on illegal poultry farms in a bid to contain the spread of bird flu.
HITCON Capture The Flag (HITCON CTF), one of the largest online hacking wargames in Asia, kicked off in Taipei Friday, with 13 teams competing for the top prize of US$10,000.
Taiwan could expect warmer temperatures, with mostly cloudy skies, over the weekend but the mercury is likely to drop from next Tuesday, the Central Weather Bureau (CWB) said Friday.
The Financial Supervisory Commission (FSC, 金管會), the top financial regulator in Taiwan, said it has imposed fines on two banks for malpractice in the trading of target redemption forwards (TRFs).
Former employees of the dissolved TransAsia Airways hold up pieces of paper that read "unemployed" in Chinese during a protest outside the Executive Yuan on Friday, Dec. 2.
The Civil Aeronautics Administration (CAA) said Friday it will work with local carriers to organize extra flights between Taiwan and outlying islands during the Lunar New Year holiday to cope with the sudden closing of TransAsia Airways.
Taiwan's Supreme Court on Friday adopted a resolution that would allow stiff penalties against food manufacturers that use banned additives in their products, whether or not the additives are proven harmful to human health.