August 29, 2025

Retired NBA Superstar Carmelo Anthony Arrives in Taiwan for GQ Style Fest

Taipei: Retired NBA star Carmelo Anthony has touched down in Taiwan, marking a significant prelude to his forthcoming induction into the Naismith Memorial Basketball Hall of Fame. Anthony, known affectionately to fans as “Melo,” landed at Taoyuan International Airport at approximately 5 a.m. on Friday. His visit is highlighted by

U.S. Dollar Closes Higher on Taipei Forex Market

Taipei: The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.017 to close at NT$30.605. Turnover totaled US$828 million during the trading session. According to Focus Taiwan, the greenback opened at NT$30.560 and moved between NT$30.525 and NT$30.605 before the close.

Taiwan’s Democracy Thrives on Embracing Differences: VP Hsiao

Taipei: Vice President Hsiao Bi-khim said Friday that the people of Taiwan have demonstrated the value of democracy by “embracing differences and connecting with one another” during the 2025 National Prayer Breakfast in Taiwan. The event in Taipei also saw attendance from foreign representatives from the United States, Israel, and

Lawmakers Expand Tax Incentives for Vehicle Scrapping to New Purchases

Taipei: Lawmakers on Friday passed a Commodity Tax Act amendment called for by local auto companies that extends an existing tax deduction encouraging the scrapping of old vehicles for new ones and expands the incentives to new purchases. According to Focus Taiwan, the amendment was passed to extend the NT$50,000

NT$10,000 Cash Handouts Expected in October as Legislature Finalizes Act

Taipei: Taiwan’s Legislature on Friday passed the key provisions of a special act, paving the way for NT$10,000 (US$333) cash handouts to citizens. Disbursements are expected to begin in October and be completed within seven months. According to Focus Taiwan, departing Democratic Progressive Party (DPP) caucus whip Wu Szu-yao stated

MND Submits PLA Report, Details Possible Scenarios for Taiwan Campaign

Taipei: Taiwan’s Ministry of National Defense (MND) on Friday submitted its 2025 report on the People’s Liberation Army (PLA) to the Legislative Yuan, outlining possible scenarios China may adopt in launching a campaign against Taiwan. According to Focus Taiwan, the report said China has stepped up military pressure in recent