Perng continues as Taiwan Central Bank governor

Taiwan Central Bank Gov. Perng Fai-nan was reappointed for a fourth term Feb. 23, making him the longest-serving head in the institution’s 89-year history. Perng’s new term, which runs Feb. 26, 2013, to Feb. 25, 2018, comes as no surprise. His effective leadership is considered one of the key reasons for Taiwan weathering the Asian […]

Taiwan set to host 18 APEC events in 2013

Taiwan will step up its participation in the Asia-Pacific Economic Cooperation forum this year by hosting 18 APEC meetings, seminars and training sessions on a wide range of issues, according to the ROC Ministry of Foreign Affairs Feb. 21. “As a responsible stakeholder, Taiwan is committed to strengthening its contribution to APEC,” said Hsieh Wu-chiao, […]

Taiwan MOFA rules out cross-strait action on Diaoyutais

Collaboration between Taiwan and mainland China on issues regarding the Diaoyutai Archipelago is entirely out of the question, Ministry of Foreign Affairs spokesman Steve C.C. Hsia said Feb. 19. Hsia made the remarks following Taiwan leader Ma Ying-jeou’s reiteration of the impossibility of cross-strait cooperation on the matter Feb. 18. Reasons cited by Ma included […]

Taiwan moves to improve business environment

Taiwan will leave no stone unturned to strengthen its business environment, in a move to increase the nation’s global competitiveness and visibility, according to the Council for Economic Planning and Development Feb. 19. “The council will keep working with relevant agencies for reform guidelines that will help put Taiwan on the top 10 list of […]

Ma Ying-jeou says to expand cross-Strait exchange

Taiwan’s leader Ma Ying-jeou on Monday pledged to further expand and deepen economic ties with the Chinese mainland. Ma made the remarks while addressing representatives of Taiwanese business people investing in the mainland at a gathering held to mark the Chinese Lunar New Year. Ma shared his observations on the dramatic changes that have taken […]

Cross-Strait compatriots share responsibility of safeguarding Diaoyu Islands

Safeguarding China’s territorial sovereignty over the Diaoyu Islands is the shared responsibility of compatriots across the Taiwan Strait, a mainland official said Wednesday. Yang Yi, spokesman for the State Council’s Taiwan Affairs Office, made the remarks at a press conference in response to some Taiwanese Democratic Progressive Party (DPP) and Taiwan Solidarity Union (TSU) members’ […]

Taiwan MOFA reaffirms sovereignty over Zhongye Island

The recently announced Philippine plan to refurbish an airstrip on Zhongye (Pagasa) Island and develop some of the Nansha (Spratly) Islands as tourist destinations is an illegal move violating ROC sovereignty, the ROC Ministry of Foreign Affairs said Jan. 15. “Zhongye Island is part of the Nansha chain, and whether from the viewpoint of history, […]

Taiwan government defends policy performance

Taiwan government is already in the process of implementing reforms called for by opposition protestors Jan. 13, according to Presidential Office spokesman Fan Chiang Tai-chi. The people’s livelihood and national development are at the heart of President Ma Ying-jeou and Premier Sean C. Chen’s policies, Fan Chiang said following a large-scale demonstration in Taipei City […]

Taiwan gets tough on Trade Secrets Act violators

To boost Taiwan’s international competitiveness and protect companies from the predatory actions of their foreign rivals, the ROC’s Legislature Jan. 11 passed revisions to the Trade Secrets Act, adding criminal liabilities and stiffer civil penalties for violators. Under the new law, in cases of the illegal acquisition, use or leaking of commercial secrets through theft […]

Taiwan rated the world’s 20th freest economy

Taiwan was ranked 20th in the 2013 Index of Economic Freedom released Jan. 10 by Washington-based think tank The Heritage Foundation and The Wall Street Journal. The country’s score of 72.7, 0.8 higher than that of 2012, rose on the strength of improving labor and business freedoms, as well as freedom from corruption, according to […]