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June, 27, 2016

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Taiwan
Gifts for Panama and Paraguay
President Tsai Ing-wen leaves today for her first state trip that will take her to Panama and Paraguay, two of Taiwan's diplomatic allies, with stopovers in the United States.
 
Tsai to generals: Remember your rookie days
President Tsai Ing-wen on Thursday called on newly-promoted generals to recall their younger years when they were closer to the grassroots troops so that they will be more willing to push for military reforms.
 
After five years of red tape, Taiwan has finally recouped NT$38.99 million (US$1.22 million) in outstanding fines from the auction of a South Korean chemical tanker in 2011 following a pollution incident involving another ship by the same owner, Taiwanese authorities said Thursday.
 
Yuanta-Polaris cuts GDP growth forecast to 0.9%
Yuanta-Polaris Research Institute (元大寶華綜經院) on Thursday lowered its annual economic growth forecast for Taiwan from 1.42 percent to 0.9 percent amid disappointing global demand.
 
Chunghwa Telecom (中華電信) was presented with the "Taiwan Mobile Service Provider of the Year" award by consulting firm Frost & Sullivan recently in Singapore.
 
The U.S. dollar fell against the Taiwan dollar Thursday, shedding NT$0.031 to close at NT$32.190, the lowest level in 10 months, as foreign investors moved more funds into the region, dealers said.
 
The Kaohsiung District Court on Thursday said it will not accept a case concerning the possible retrial of a seaman who died mysteriously while serving aboard an R.O.C. Navy vessel two decades ago, saying that the case's statute of limitations has long expired.
 
Shares in Taiwan pulled back Thursday amid cautious sentiment as the United Kingdom prepared to hold a referendum to decide whether it will stay in the European Union, dealers said.
 
The Veterans Affairs Council (退輔會) on Thursday agreed to immediately remove the chairman of Pan Asia Corp. (泛亞工程), saying the construction firm was responsible for a seven-hour water outage at Taiwan Taoyuan International Airport.
 
Dancing in Keelung
Mariachi dancers take to the streets of Keelung, Thursday, June 23. The city kicked off its sixth annual Ocean Eagle Festival to celebrate the 130th anniversary of the opening of its port. The city government invited performers from throughout Taiwan as well as international students to participate in the street festivities.
 
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