Industry

China Sends 59 Warplanes and 9 Vessels Near Taiwan

Taipei: China sent 59 warplanes and nine vessels in Taiwan’s vicinity on Monday after a few days of relative calm, the Ministry of National Defense (MND) said Tuesday. Of those aircraft, more than two dozen crossed the median line of the Taiwan Strait…

Taiwan Shares Close Higher by 0.69%

Taipei: Taiwan shares closed up 153.04 points, or 0.69 percent, at 22,271.67 Tuesday on turnover of NT$273.99 billion (US$8.30 billion).

According to Focus Taiwan, the trading session saw a positive performance, reflecting investor confidence in the…

Taiwan’s Highest Mountains Experience Snowfall from Cold Front

Taipei: Taiwan’s highest mountain Yushan (Mt. Jade) and other mountainous areas to its north were hit by snow early Tuesday morning due to the influence of a strong cold air mass affecting the region.

According to Focus Taiwan, the Forestry and Nat…

Taiwan Considers Water Price Hike to Address Financial Losses

Taipei: Taiwan Water Corp. (TWC) is contemplating a price hike in water rates to tackle increasing financial losses and plans to deliver a pricing review report to the Ministry of Economic Affairs by the end of March.

According to Focus Taiwan, the …