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Aid for Taipei more useful than promises: 'Economist'

The Economist yesterday said that “promises to fight for Taiwan” are an ineffective deterrent and could instead lead to a diplomatic fallout with Beijing, something that could be avoided by taking practical action to strengthen Taiwan’s self-defense capabilities. The 180km-wide Taiwan Strait and the US military stand as the two main components deterring Beijing from attacking Taiwan, but Beijing is working to overcome both obstacles, the weekly said, adding that some US generals have said ...
Taiwan Strait Taiwan General Tainan Municipality T Ai Pei Kao Hsiung Joe Biden

Prince upbeat thanks to new projects

Tainan-based Prince Housing and Development Corp (太子建設) is looking at earnings growth this year due to unrecognized sales and profits of about NT$6 billion (US$205.42 million), the company told an investors’ conference on Wednesday. The rosy outlook, if realized, would beat last year’s net income, which soared nearly twofold from 2020 to a five-year high of NT$1.53 billion, or earnings of NT$0.95 per share. The company’s board approved a proposed cash dividend of NT$0.5 per share, ...
T Ai Pei Kao Hsiung Hualian Xian Nantou Xian Tainan Municipality T Ai Chung

Quanta restarts Shanghai production

Quanta Computer Inc (廣達電腦), an assembler of Apple Inc’s MacBooks, has partially resumed operations in Shanghai after a surge in COVID-19 cases led to lockdowns in the city. The Quanta Shanghai Manufacturing City (QSMC, 廣達上海製造城), Quanta’s manufacturing base in Shanghai, on Friday resumed production with about 2,000 staff members working in a closed-loop management system, Xinhua news agency reported on Sunday. Production at its F1 and F3 factories, which make laptops for...
T Ai Pei Tainan Municipality Vanessa Cho Technology Holding Co Chinese Ministry Of Industry Apple Inc Macbooks

Presale housing deals down 2.8% despite stable sales

Presale projects and newly completed houses last quarter declined 2.8 percent from a year earlier to NT$273.29 billion (US$9.42 billion), despite stable sales, as the market is assimilating to unfavorable policy measures, the Chinese-language Housing Monthly (住展雜誌) said yesterday. The NT$8 billion retreat came as a surprise to explosive growth expectations previously fueled by intensive land plot sales and building permit issuances, the magazine said. The disappointing result was likely ...
T Ai Chung T Ai Pei Tainan Municipality Kao Hsiung Hsin Pei Shih Yilan Xian

COVID-19: Quanta halts production in Shanghai

Quanta Computer Inc (廣達電腦), which assembles MacBooks for Apple Inc, yesterday said its Chinese subsidiary has suspended production, the latest among Apple’s supply chain facing production disruptions as China sticks to its strict “zero COVID-19” policy. The world’s biggest contract laptop computer manufacturer said in a filing with the Taiwan Stock Exchange that the subsidiary, Tech-Com (Shanghai) Computer Ltd (達功上海電腦), has halted production in response to the Shangha...
Kuo Ming Chi Macbooks For Apple Inc Taiwan Stock Exchange Tf International Securities Compal Electronics Inc Trendforce Corp

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Experts urge caution with home quarantine

Health experts yesterday called attention to ventilation, sanitation and COVID-19 vaccination for families with members who are quarantining at home, after the government on Friday announced that cases of the virus with no or mild symptoms would no longer have to quarantine in a dedicated facility. Huang Chien-hsien (黃建賢), chief epidemiologist at Shinkong Wu Ho-su Memorial Hospital in Taipei, said that the dominant Omicron variant of SARS-CoV-2 is less severe than previous variants. Huang ...
T Ai Pei Hong Kong Tainan Municipality Chang Gung Memorial Hospital Taoyuan Xian Chiu Cheng Hsun

Cyclist killed by suspected drunk driver, police say

A cyclist was early yesterday morning struck and killed by an allegedly drunk driver while riding to join a cycling race in New Taipei City, police said. The cyclist, a Philippine man working at a factory in Taoyuan’s Lujhu District (蘆竹), was riding along with three other workers to join the annual Double Home Court Western Coast Highway Cycling Challenge when he was killed in the hit-and-run incident, they said. <strong>EARLY MORNING</strong> The incident occurred at 4:27am wh...
T Ai Pei Tainan Municipality Liaotianding Temple Ping Elementary School In Linkou District Double Home Court Cycling Taipei City District Prosecutor Office

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