Indictment Brought In Ching Fu Scandal Four executives at the Ching Fu Shipbuilding Co., including chairman Chen Ching-nan, were indicted by the Kaohsiung District Prosecutor’s Office on February 12 on charges of fraud, breach of trust, and banking law violations. Prosecutors recommended a 30-year prison sentence for the chairman, commutable to a NT$1 billion (US$34…

The third receiving terminal has been postponed for environmental reasons – the prospective impact on a unique reef. Citing the need for further study of the rare coral reefs that lie nearby beneath the waters off Taoyuan County, the Environmental Protection Administration (EPA) on October 26 called for further postponement of a project  to build…