Governance

Taiwan’s MOFA Acts Against China’s ‘Long-Arm Jurisdiction’

Taipei: The Ministry of Foreign Affairs (MOFA) is “taking action” to prevent Taiwan nationals from facing possible arrest when visiting the China-friendly countries Laos, Cambodia, and Belarus, it said Tuesday. MOFA has bolstered the emergency response mechanisms of its overseas offices and is collaborating with like-minded countries to counter China’s

AI Basic Act Passed, Tries to Balance AI Promotion with Social Welfare

Taipei: The Legislative Yuan has passed a new law that lays down principles on how artificial intelligence (AI) will be governed in Taiwan and designated the National Science and Technology Council (NSTC) as the governing authority for AI. Under the Artificial Intelligence Basic Act, passed Tuesday, the government is required

Legislature Approves Stricter Penalties for Traffic Violations

Taipei: The Legislative Yuan on Tuesday passed amendments to the Road Traffic Management and Penalty Act that raise the penalties for certain traffic violations. The amendments were passed without objection. According to Focus Taiwan, the amendments stipulate that drivers who fail to reduce their speed in areas marked as school

Taiwan Shares Open Down

Taipei: The Taiwan Stock Exchange’s main index opened down 47.84 points at 26,708.28 Wednesday on turnover of NT$8.72 billion (US$279 million). According to Focus Taiwan, the drop in the index reflects the current market trends and trading activities observed at the start of the day. The opening figures suggest a

Magnitude 4.5 Earthquake Rattles Nantou County in Central Taiwan

Nantou: A magnitude 4.5 earthquake struck Nantou County in central Taiwan at 4:26 a.m. Wednesday, as reported by the Central Weather Administration (CWA). According to Focus Taiwan, the earthquake’s epicenter was located in Gouxing Township, 31.2 kilometers northeast of Nantou County Hall, at a depth of 23.7 km. CWA data

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.029 at 10 a.m. Monday on the Taipei Foreign Exchange, down NT$0.016 from the previous close. According to Focus Taiwan, this marks a slight decrease in the value of the U.S. dollar against the New Taiwan dollar, continuing a trend observed in recent