Taipei Fubon Braves win first game of newly established P.League+ Posted: 19 Dec 2020 02:48 PM PST Focus Taiwan Taipei, Dec. 19 (CNA) The visiting Taipei Fubon Braves won the first game of Taiwan's newly established professional basketball league — the P.League+ — beating the Formosa Taishin Dreamers 89-86 in Changhua County on Saturday. The game in Changhua was the official opener to the four-team league's inaugural season, which will run through April next year, and drew over 6,000 spectators, according to the league. League founder and CEO Blackie Chen (陳建州), a television host and former professional basketball player, choked back tears at the opening ceremony before the game and simply said, "Thanks everyone for coming. Thank you." [FULL STORY] |
LPGA unveils schedule, Taiwan event in October Posted: 19 Dec 2020 02:44 PM PST Taipei Times LPGA Tour Commissioner Mike Whan no longer measures success by making it to the end of a year disrupted by the COVID-19 pandemic: A schedule for next year he released on Friday suggests that the LPGA Tour came out stronger than ever. The Tour has added two tournaments and did not lose any of the ones that had to cancel because of the pandemic shutdown, including the Taiwan Swinging Skirts event. Whan left little wiggle room for more interruptions with a schedule that is to start on Jan. 21 in Florida and end 10 months later with consecutive events in Florida. The first seven tournaments are all in the US, with the Asia swing moving to the spring, including the US$2.2 million Taiwan event from Oct. 28 to 31 at the Miramar course in New Taipei City’s Linkou District. [FULL STORY] |
TSMC to issue additional NT$18.5 billion in corporate bonds Posted: 19 Dec 2020 02:35 PM PST Focus Taiwan Taipei, Dec. 19 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, will issue an additional NT$18.5 billion (US$649 million) in bonds to raise funds to increase capacity. TSMC's board approved a plan Friday to issue NT$18.5 billion in unsecured straight corporate bonds in three tranches. There will be a five-year NT$1.9 billion tranche with a coupon rate of 0.36 percent, a seven-year NT$10.2 billion tranche at 0.41 percent, and a 10-year NT$6.4 billion tranche at 0.45 percent. The chipmaker said KGI Securities will serve as the lead underwriter for the bond sale. |
Karnataka violence: Wistron fires India boss, Apple places firm on probation Posted: 19 Dec 2020 02:23 PM PST Taiwanese firm issues statement, says these problems won’t happen again Telegraph India Just a week after violence blew up at its Narasapura facility in Karnataka, contract manufacturer Wistron on Saturday announced it has let go of its vice-president responsible for operations in India, while iPhone maker Apple placed the Taiwanese firm on probation. Wistron had admitted that it had made mistakes pertaining to the wage payment processes. A section of workers at Wistron Corporation's facility in Narasapura Industrial Area in Kolar district near Bengaluru went on rampage last week over non-payment of their wages. “We are removing the Vice President who oversees our business in India. We are also enhancing our processes and restructuring our teams to ensure these issues cannot happen again,” Wistron said in a statement. [FULL STORY] |
America and China Almost Went To War in 1955 (Over Taiwan) Posted: 19 Dec 2020 02:17 PM PST Another little-known Cold War tale. The Natinal Interest In 1955, the Chinese People’s Liberation Army embarked on a bloody amphibious landing to capture a fortified Nationalist island, only about twice the size of a typical golf course. Not only did the battle exhibit China’s growing naval capabilities, it was a pivotal moment in a chain of events that led Eisenhower to threaten a nuclear attack on China—and led Congress to pledge itself to the defense of Taiwan. In 1949, Mao’s People’s Liberation Army succeeded in sweeping the Nationalist Kuomintang (KMT) government out of mainland China. However, the Nationalist navy allowed the KMT to maintain its hold on large islands such as Hainan and Formosa, as well as smaller islands only miles away from major mainland cities such as Kinmen and Matsu. These soon were heavily fortified with Nationalist troops and guns, and engaged in protracted artillery duels with PLA guns on the mainland. In 1950, the PLA launched a series of amphibious operations, most notably resulting in the capture of Hainan island in the South China Sea. However, a landing in Kinmen was bloodily repulsed by Nationalist tanks in the Battle of Guningtou, barring the way for a final assault on Taiwan itself. Then events intervened, as the outbreak of the Korean War caused President Truman to deploy the U.S. Seventh Fleet to defend Taiwan. However, the naval blockade cut both ways—Truman did not allow Nationalist leader Chiang Kai-shek to launch attacks on mainland China. This policy changed with the presidency of Eisenhower in 1953, who withdrew the Seventh Fleet, allowing the Nationalists to build up troops on the forward islands and launch more guerilla raids on the mainland. However, the PLA was able to counter-escalate with new World War II surplus heavy artillery, warships and aircraft it had acquired from Russia. The series of artillery duels, naval battles and aerial bombardments that followed became known as the First Taiwan Strait Crisis. |
Opportunities for Taiwan in post-COVID world Posted: 19 Dec 2020 02:12 PM PST Post-pandemic Taiwan has opportunity to be case study for success and stake claim as responsible global player Taiwan News KAOHSIUNG (Taiwan News) — If you had been told a year ago that a name likely to go down in the history of 2020 was Margaret Keenan, a 90-year old woman from Coventry in the United Kingdom, then you may have had understandable reservations. But last week, Keenan became the first person in the world to receive a safe and approved vaccine for the Wuhan coronavirus. COVID-19 originates in the Chinese Communist Party (CCP) controlled country of China and has killed more than 1.5 million people worldwide, decimating the global economy. Keenan’s vaccination, which took place at 6.30 a.m. U.K. time on Dec. 8 provided a glimmer of hope across much of the planet that the era of lockdowns, the closure of shops and hospitality, mass unemployment, and the fear of death from an untreatable disease was coming to an end. U.K. Prime Minister Boris Johnson is already talking about life returning to normal as soon as April. Such a reaction may surprise some here in Taiwan where, despite what the KMT and their pro-CCP acolytes might like to suggest, Wuhan coronavirus has largely passed us by. With the exception of briefly closing schools after the Lunar New Year holiday, life in Taiwan has continued very much as normal. [FULL STORY] |
Entry ban on Indonesian workers unrelated to politics: office Posted: 19 Dec 2020 02:08 PM PST Focus Taiwan Jakarta, Dec. 19 (CNA) Taiwan's representative office in Jakarta on Saturday said Taiwan's decision to extend indefinitely an entry ban on Indonesian migrant workers was based purely on epidemic prevention considerations and not on politics. In a statement, the Taipei Economic and Trade Office (TETO) in Jakarta said Taiwan is willing to reopen its doors to Indonesian migrant workers when the two sides come to a consensus on epidemic prevention measures. TETO was responding to comments by Benny Rhamdani, head of Indonesia's Agency for the Protection of Indonesian Migrant Workers (BP2MI), that questioned the motives behind Taiwan's decision. "I hope that Taiwan's decision is not driven by political reasons, but more on medical reasons," Benny was quoted as saying in a report published Friday by Indonesian news agency Antara. [FULL STORY] |
Pro-Trump crowd holds rally in Taipei Posted: 19 Dec 2020 02:05 PM PST Taipei Times A crowd yesterday marched in Taipei to rally support for US President Donald Trump and show opposition to the Chinese Communist Party. At the parade organized by Epoch Media Group — publisher of the Epoch Times and affiliated with Falun Gong — participants carried placards with slogans such as: “Taiwan-US cooperation, we support Trump to dispose communist China” and “Taiwan, Fight for Trump.” Some signs echoed messages used by Trump supporters who believe he won the US election last month, with phrases such as: “Stop the Steal” and “Make America Great Again.” Despite Trump’s claims of election fraud, the US Electoral College on Monday affirmed US president-elect Joe Biden’s victory, awarding him 306 electoral votes — more than the 270 needed to win — to Trump’s 232. The result still must be confirmed by a joint session of the US Congress on Jan. 6. [FULL STORY] |
China tails US warship in Taiwan Strait Posted: 19 Dec 2020 02:00 PM PST The Str6aits Times SHANGHAI/TAIPEI (REUTERS) – China's military tailed a US warship as it passed through the sensitive Taiwan Strait on Saturday (Dec 19), the Chinese military said, denouncing such missions as sending "flirtatious glances" to supporters of Taiwan independence. China, which claims democratically-run Taiwan as its own territory, has been angered by stepped-up US support for the island, including arms sales and sailing warships through the Taiwan Strait, further souring Beijing-Washington relations. The US Navy said the guided missile destroyer USS Mustin had conducted "a routine Taiwan Strait transit (on) Dec 19 in accordance with international law". "The ship's transit through the Taiwan Strait demonstrates the US commitment to a free and open Indo-Pacific," it added. [FULL STORY] |
Apple puts Wistron on probation over Karnataka violence, Wistron fires India VP Posted: 19 Dec 2020 01:56 PM PST Business Insider The development comes one week after violence broke out at the Wistron's Narasapura facility as a large number of workers went on a rampage last Saturday over issues related to payment of salary. A Karnataka government report also found lapses in the way Wistron tried to scale up production in the factory. The investigation found that the practices put in place at the plant with regard to payment of wages and overtime work were not in line with the provisions of law. [FULL STORY] |
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