The Ministry of National Defense Launches Fighter Program The Air Force commander, General Shen Yi-ming, signed a memorandum with the Chungshan Institute of Science and Technology to award the research institute, a unit of the Ministry of National Defense, with a NT$68.6 billion (US$2.22 billion) contract to build 66 trainer fighter aircraft. The program, titled “Blue…

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The Economy is Improving with Help from Exports With sharp criticism of major trade partners and promises of protectionism in trade, the new administration of U.S. President Donald Trump has injected substantial policy uncertainty into the global economy. Nevertheless, the American economy continues to be the engine of global trade, and Taiwan’s trade figures are…

Uber is Over in Taiwan, at Least for Now Uber announced that it was suspending operations in Taiwan effective February 10 in an effort to “reset” discussions with the government over the U.S.-based ride-hailing company’s operational status. The Taiwan government insists that Uber register as a transportation company and follow relevant regulations, but Uber regards…

Electriciy act amendments pass The Legislative Yuan in January passed revisions to the Electricity Act liberalizing the power market and mandating the cessation of nuclear power. The amendments stipulate that all nuclear power will cease operation by 2025 and that state-owned monopoly power provider Taiwan Power Co. (Taipower) will be transformed within six to nine years…

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Tsai visits allies, transits USA Taiwan President Tsai Ing-wen departed on January 6 for a nine-day journey to visit Central American allies, including stopovers in Houston and San Francisco. The trip occurred amid heightened tensions with China over Tsai’s congratulatory phone call to U.S. President-elect Donald Trump.  Tsai’s first stop was a transit in Houston, Texas,…

Ill-Gotten Assets Body Targets KMT HQ The Ill-gotten Assets Settlement Committee under Chairman Wellington Koo announced that the KMT must transfer its shares of Central Investment Co. and its subsidiary Hsinyutai Co. to the government after it was determined that these companies were illegally obtained assets. The Committee acts under legislation that aims to return…