Taipei: Taiwan’s prisons are experiencing overcrowding, with some facilities operating beyond their designed capacity due to a rise in the number of inmates, particularly for offenses related to fraud, Agency of Corrections Director Chou Hui-huang said Monday. Chou was speaking at a legislative committee session during which the issue of

Taipei: The merger of Taishin Financial Holding Co. and Shin Kong Financial Holding Co. is set to conclude on July 24, as announced by Taishin Financial Chairman Thomas Wu on Monday. Wu, speaking at the company’s annual general meeting, noted that the newly formed entity, to be named TS Financial

Taipei: Taiwan’s jobless rate moved lower for a second consecutive month in May as the number of those who left their original jobs and were still looking for work fell, according to the Directorate General of Budget, Accounting and Statistics (DGBAS). The local unemployment rate decreased by 0.02 percentage points

Taipei: Nearly 10 percent of 877 fruits, vegetables, and agricultural products selected for pesticide residue tests in March and April were non-compliant, Taiwan’s Food and Drug Administration (TFDA) said Monday. According to Focus Taiwan, the 82 non-compliant products, or 9.4 percent of the total, included strawberries imported from Japan and

Kaohsiung: Four members of a southern Taiwan-based scam ring have been indicted for allegedly defrauding Singaporean and Malaysian nationals of NT$495 million (US$16.6 million). Prosecutors charged the four individuals, including a man surnamed Tsai, with aggravated fraud and money laundering after working with Singapore police on the investigation into the

Kaohsiung: Legislator Lin Dai-hua and eight others have been indicted for allegedly making false expense claims, while a Buddhist monk faces charges for a suspected breach of faith in funding her mayoral campaign, as announced by prosecutors. According to Focus Taiwan, Lin, who has been a Democratic Progressive Party (DPP)