Lastest
China Buying the UK Piece by Piece
"Owned by China" is replacing "Made in China" in the UK market today. For example, China has already bought 9% of the Thames Water Utilities, 10% of the Heathrow Airport, 60% of Weetabix, 89% of House of Fraser, 80% of EDF and all of PizzaExpress. The British are probably unaware of these purchases.
Biggest Farce in Taiwan Elections? What People Are Saying About KMT's Intention to Replace Presidential Candidate
After the KMT held an extempore party congress on October 7, the removal of KMT presidential candidate Hung Shiu-chu is about to reach a verdict. Chairman Chu Li-luan (also known as Eric Chu) points out the gap between Hung's cross-strait policies and those of the KMT. Hung doesn't agree with Chu's statement and hopes that the party can hold an inside discussion.
Indonesia Grants Taiwan Visa Free Privilege
Indonesian Tourism Minister Arief Yahya says that from the tourism point of view, Taiwan is one of Indonesia's potential targets in promoting international tourism. He hopes that the number of Taiwanese tourists visiting Indonesia can reach 200 thousand people this year.
39 Banks in Taiwan Might Be Asking Employees To Work Illegal Overtime Hours
According to the results from the Taipei City Department of Labor's inspection on working conditions in the banking industry, among 32 banks, 97% did not comply to regulations regarding payments of working overtime, 69% were beyond legal overtime hours and 56% failed to hold labor-management meetings according to regulations. The fine is estimated to be about NT$ 9 million (approximately US$ 270 thousand).
Airbnb Proposes to be Legalized in Taiwan
Airbnb has promised to pay taxes and provide tenant insurance, which meets the initial requirements of the Executive Yuan. The travel and B&B industries also welcome Airbnb to come to Taiwan for further development.
China to Slash 95% Chinese Tourists Visiting Taiwan before 2016 Presidential Election
Taipei Association of Travel Agents says that the Chinese government has informed the tourism bureaus in each city and province to decrease the amount of tourists to Taiwan from December 16 to January 15 next year. Not only will the amount of tourists be reduced by 95%, business tours to Taiwan will be fully stopped as well.