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KMT think tank bearish on GDP amid inflation

Inflation could cause Taiwan’s GDP growth to drop below 4 percent this year, or 0.4 percentage points than the government’s forecast, the Chinese Nationalist Party (KMT)-aligned National Policy Foundation said yesterday. The party-affiliated think tank made the comment at a news conference that highlighted inflation and energy issues on the sixth anniversary of President Tsai Ing-wen’s (蔡英文) administration. Lin Chu-chia (林祖嘉), the think tank’s economic and fiscal policy conve...
T Ai Pei Wu Ding Pingdong Xian Lin Chu Chia Hsieh Yi Fong Steve Lin

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Pharmally head, others charged with securities fraud

Taipei prosecutors have indicted 12 people in the Pharmally International Holding Co (康友製藥) case on charges of insider trading, stock manipulation and money laundering, with the judiciary approving the confiscation of NT$4.7 billion (US$168.58 million) in assets. Charged mainly with contravening the Securities and Exchange Act (證券交易法) and the Anti-Money Laundering Act (洗錢防制法) were Pharmally owner Tony Huang (黃文烈), his wife and daughter, other family members and ...
Wu Ding T Ai Pei Cayman Islands Benjamin Shih Wu Kuang Hsun Wu Yi Li

KMT caucus urges restriction of more Japanese foods

The Chinese Nationalist Party (KMT) caucus yesterday called on the government to be more restrictive regarding the types of food that can be imported from Japan’s Fukushima and surrounding prefectures once an import ban is lifted. The Executive Yuan on Tuesday last week said that Taiwan would soon allow the importation of food products that had been banned following the 2011 Fukushima Dai-ichi nuclear power plant disaster. Foods imported from the five prefectures would need certificates of ori...
T Ai Pei South Korea Wu Ding Pingdong Xian William Tseng Hsieh Yi Fong

KMT to use NFTs in bid to revitalize its collection

The Chinese Nationalist Party (KMT) is to use non-fungible tokens (NFTs) in a bid to revitalize the party’s archives, KMT officials said yesterday at a news conference in Taipei that showcased a ceremonial sword belonging to Chiang Kai-shek (蔣介石), the first piece of the collection to be utilized in the project. NFTs are a blockchain technology used for digital files that provide proof of ownership or a certificate of authenticity. KMT Culture and Communications Committee deputy director-...
Wu Ding T Ai Pei United States Republic Of China Taiwan General Leo Peng

KMT to use NFTs in bid to revitalize its collection

The Chinese Nationalist Party (KMT) is to use non-fungible tokens (NFTs) in a bid to revitalize the party’s archives, KMT officials said yesterday at a news conference in Taipei that showcased a ceremonial sword belonging to Chiang Kai-shek (蔣介石), the first piece of the collection to be utilized in the project. NFTs are a blockchain technology used for digital files that provide proof of ownership or a certificate of authenticity. KMT Culture and Communications Committee deputy director-...
Wu Ding T Ai Pei United States Republic Of China Taiwan General Leo Peng

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