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《TAIPEI TIMES》 ASML given approval to invest more than NT$10 billion - 焦點 ltn.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ltn.com.tw Daily Mail and Mail on Sunday newspapers.
ASML secures approval to invest over NT$10 billion in Taiwan focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
DPP legislator calls for TutorABC probe By Huang Hsin-po and Kayleigh Madjar / Staff reporter, with staff writer Democratic Progressive Party (DPP) Legislator Lin Chun-hsien (林俊憲) yesterday called for an official investigation into the online English-language education platform TutorABC, amid concerns that it is skirting restrictions on Chinese investment in the education industry by labeling itself as a technology company. TutorABC is the largest online English-language education platform in Taiwan, constituting a significant proportion of the market, Lin told a news conference at the Legislative Yuan in Taipei. It was founded in Taiwan, but the composition of its shareholders and executives has shifted, Lin said. ....
TutorABC comes under scrutiny amid allegations of Chinese investment 01/07/2021 06:59 PM Photo from facebook.com/TutorABC.com.tw Taipei, Jan. 7 (CNA) The Investment Commission said Thursday that it will check the identity of the shareholders of TutorABC, the largest online English teaching platform in Taiwan, to determine whether the company is backed by Chinese investment. The commission was responding to allegations that TutorABC s operation is controlled by a Chinese financial conglomerate. Under Taiwan law, a company is deemed as a Chinese investment if over 30 percent of its shares are held by a Chinese entity or if it is controlled, in effect, by a Chinese entity. In addition, Chinese backed companies are banned from entering Taiwan s education sector. ....