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Tuesday, December 22, 2020

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Eye On Taiwan


  • Park project sees cricket bosses eye ACC affiliation
  • Asia’s Workforce Is Rapidly Aging — And Many Countries Are Not Ready
  • Taiwan’s central bank highlights uncertainties in 2021 global economy
  • Record-setting shipload of imported cars docks at Taichung port
  • Export orders hit record US$57.78bn
  • VIDEO: Taipei book expo prize winners unveiled
  • ‘War between China and the US is unlikely’
  • Top 8 Taiwanese superstitions to follow for luck on Dongzhi
  • Taoyuan factory ordered to suspend production in wake of blaze
  • US Imports: If pork proven safe, I will eat it, critic says

Park project sees cricket bosses eye ACC affiliation

Posted: 21 Dec 2020 03:34 PM PST

Taipei Times
Date: Dec 22, 2020
By: Grant Dexter / Staff reporter

Cricket officials yesterday outlined plans to build cricket grounds as part of a leisure park project in Yunlin County as administrators of the sport eye a return to international affiliation.

Taiwan has one venue dedicated to the sport, the Yingfeng Cricket Ground in Taipei’s Songshan District, and if the Yunlin plans are completed as scheduled in 2022, the nation would have three.

To gain Asian Cricket Council (ACC) affiliation, the pathway Taiwan faces to gain International Cricket Council recognition and to play on the global stage, two cricket grounds are required.

Although advice from experts says that the ACC rules regarding grounds can be filled using non-dedicated venues, those that would qualify — for example, the Yunsan baseball fields in Chiayi City, which Taiwan Cricket use for matches outside Taipei — are rented baseball grounds that are unsuitable for regular cricket due to their lack of availability and facilities, which make matches a challenge to stage.    [FULL  STORY]

Asia’s Workforce Is Rapidly Aging — And Many Countries Are Not Ready

Posted: 21 Dec 2020 03:27 PM PST

Brink News
Date: Dec 21, 2020
By: Alicia García-Herrero

An elderly man walks in a street in Tokyo’s Shinbashi area on May 29, 2020. (Photo by Charly TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images)

Many Asian economies will age more rapidly over the next several decades, including Hong Kong, Japan, Mainland China, Singapore, South Korea, Taiwan and Thailand. For all of these countries, the working-age population peaked in 2015 and will decline at an accelerating rate in the coming decades. By 2050, the proportion of elderly in their populations is expected to increase to 27% — from just 7% in 1995.

A Nataxis report recently explored the consequences of this important trend at the macro- and sectoral-level. It showed that a reduced labor supply creates a drag on growth. But this can be mitigated by higher labor participation, capital investment and policies that address productivity.  

Nonetheless, this is a gravity-defying act.

Aging Gracefully?

With fewer workers and an increased elderly population requiring more savings to sustain spending in retirement, greater pressure on public finances is to be expected. As such, the more prepared an economy can be while still youthful, the more likely it is to age gracefully.     [FULL  STORY]

Taiwan’s central bank highlights uncertainties in 2021 global economy

Posted: 21 Dec 2020 03:23 PM PST

Slow revival, high vulnerability predicted for post-vaccine economy: Central bank

Taiwan News
Date: 2020/12/21
By: Ching-Tse Cheng, Taiwan News, Staff Writer

Japan’s economy greatly affected by coronavirus pandemic.  (AP photo)

.TAIPEI (Taiwan News) — Taiwan's central bank is expecting a slow global economic recovery in 2021 due to major uncertainties associated with the coronavirus pandemic and the escalating trade tensions between the U.S. and China.

In its latest report, the central bank pointed out that although the distribution of coronavirus vaccines will certainly give the global economy a shot in the arm, governments worldwide still have major challenges to overcome. It said four risk factors — pandemic resurgence, high economic vulnerability, the debt burden on governments, and the U.S.-China trade war — will determine how fast the world's economy can bounce back and return to its pre-pandemic level.

Even with COVID-19 vaccines being rolled out, the central bank said there remains a possibility of pandemic resurgence. It said the service industry, which has been the hardest-hit sector during the pandemic, will likely not see huge improvements in a short period of time.

The central bank also noted the high vulnerability in the current economy. It said most countries will undergo a K-shaped recovery, which could widen pre-existing divisions and disparities in wealth between classes and industries.    [FULL  STORY]

Record-setting shipload of imported cars docks at Taichung port

Posted: 21 Dec 2020 03:18 PM PST

Focus Taiwan
Date: 12/21/2020 08
By: Su Mu-chun and Joseph Yeh

A portion of the imported cars. Photo courtesy of the Port of Taichung branch of the Taiwan International Ports Corporation, Dec. 21, 2020

Taichung, Dec. 21 (CNA) A vehicles carrier vessel loaded with 3,000 new cars worth NT$9.9 billion (US$348 million) that has docked at the port of Taichung has set a new record for the most valuable single shipload of imported cars in the port's 44-year history.

The Norway-registered Hoegh Trident docked at the port in central Taiwan early Monday after a delay of two days due to strong northeasterly winds, according to the Port of Taichung branch of Taiwan International Ports Corporation.

According to the vessel's Taiwan shipping agent, the ship was loaded with 3,000 vehicles, consisting of 1,513 Mercedes-Benzes, 1,326 BMWs, 158 Mini-Coopers, two camper vans and one excavator.

Taichung Port official Yang Wen-wu (楊文武) said the 3,000 cars have a combined value of NT$9.9 billion, and the importers of these vehicles will have to pay NT$4.05 billion in import duties and luxury taxes.    [FULL  STORY]

Export orders hit record US$57.78bn

Posted: 21 Dec 2020 03:14 PM PST

DELAYED LAUNCH: The release of a ‘certain smartphone product’ had a substantial effect on export figures, a government official said, without directly naming iPhones

Taipei Times
Date: Dec 22, 2020
By: Angelica Oung / Staff reporter

Evergreen Marine Corp’s Ever Faith container ship is pictured at the Port of Los Angeles on Nov. 20.
Photo: Bloomberg

Taiwan’s export orders totaled a record US$57.78 billion last month, up 12 percent month-on-month and 29.7 percent year-on-year, the Ministry of Economic Affairs said yesterday.

The better-than-expected results were boosted by “a certain recently released smartphone product by an international company,” Department of Statistics Director Huang Yu-ling (黃于玲) told a news conference in Taipei.

Apple Inc, which used to release its new iPhone models in September, delayed this year’s launch to Oct. 23 due to production disruptions caused by the COVID-19 pandemic.

“We can’t give exact figures, but it’s quite clear that the smartphone launch in question has had a very substantial effect,” Huang said. “It partially explains why 59.2 percent of the goods supplied by Taiwanese exporters were manufactured abroad,” up 3.3 percentage points year-on-year.    [FULL  STORY]

VIDEO: Taipei book expo prize winners unveiled

Posted: 21 Dec 2020 03:08 PM PST

Radio Taiwan International
Date: 21 December, 2020
By: Paula Chao

Taipei book expo prize winners unveiled

Taipei book expo prize winners unveiled[/caption] The Taipei International Book Exhibition has unveiled its book prize winners for 2021. The honor has gone to 13 authors from Taiwan, China, and Hong Kong.

At a press conference last week, organizers of the 2021 Taipei International Book Exhibition announced the winners of next year’s book prize. The prize is divided into four categories: fiction, non-fiction, children and youth, and compilation.

Well-known Taiwanese novelist Huang Chun-ming was given one of the awards for his novel about a girl who loves smiling.
The 87-year-old author said this award shows that the years he spent writing the work were worthwhile.    [FULL  STORY]

‘War between China and the US is unlikely’

Posted: 21 Dec 2020 03:03 PM PST

Asia News
Date: 12/21/2020
By: Emanuele Scimia


For military analyst Collin Koh, greater naval presence in the Western Pacific increases the danger of “accidental” clashes, but the countries involved will not go so far as to fight a “hot” war. Any military confrontation would plunge China into potential “socioeconomic chaos”. The Taiwan Strait and the South China Sea remains the major flashpoints.

Hong Kong (AsiaNews) – War between China and the United States is not likely in the short term, even though the two powers are boosting their military deployment in East Asia’s two hottest geopolitical spots – the South China Sea and the Strait of Taiwan, this according to Collin Koh, an expert on military affairs and a research fellow at the S Rajaratnam School of International Studies in Singapore, who spoke to AsiaNews.

The Shandong, the first Chinese-built aircraft carrier, transited through the Taiwan Strait yesterday accompanied by four escort ships, Taiwanese authorities reported. Taiwan’s military responded by mobilising six Navy ships and eight Air Force planes to monitor the situation. For communist China, Taiwan is a “rebel” province to be retaken, by force if necessary.

The Shandong’s voyage comes four days after the US destroyer Mustin sailed through the same waters. China’s military, in a statement released by its Eastern Theatre Command, said its air and naval forces “tailed and monitored” the vessel during its passage. Last Thursday, the Pentagon announced that it was boosting the US naval presence in the Indo-Pacific to counter Beijing's “expansionist” approach.
[FULL  STORY]

Top 8 Taiwanese superstitions to follow for luck on Dongzhi

Posted: 21 Dec 2020 02:57 PM PST

Buy shoes and eat tangyuan, wonton, and jiaozi for good luck on Dongzhi

Taiwan News
Date: 2020/12/21
By: Keoni Everington, Taiwan News, Staff Writer

Bowl of red and white Tangyuan. (Taipei City Market Administration Office photo)

TAIPEI (Taiwan News) — Today (Dec. 21) is the Dongzhi (冬至, extreme of winter) Festival or winter solstice, the peak of winter based on the lunisolar calendar, and a Taiwanese feng shui expert and a Taiwanese tarot card master have given some tips on the best ways to ensure good fortune for the coming year.

Yang Teng-kei (楊登嵙), a folk custom expert and the founding chairman of the Taichung Numerology Education Association, said that the ancients said the days will become longer after Dongzhi, meaning that yin energy (陰氣) has reached its peak on this day and henceforth, yang (陽氣) energy will start to strengthen. Yang said that Dongzhi is a good opportunity to attract luck through the following eight lucky methods, reported SETN News:    [FULL  STORY]

Taoyuan factory ordered to suspend production in wake of blaze

Posted: 21 Dec 2020 02:54 PM PST

Focus Taiwan
Date: 12/21/2020
By: Wu Ruei-chi and Ko Lin

Firefighters at the scene on Monday. CNA photo Dec. 21, 2020

Taipei, Dec. 21 (CNA) The Taoyuan Office of Labor Inspection on Monday ordered a local pharmaceutical firm to temporarily suspend production after one of its workers died in a fire the previous day.

Su Chih-hsiang (蘇志翔), who heads the labor office's manufacturing industry section, said the order was issued to Sci Pharmtech Inc. as on-site conditions are still deemed too unsafe for employees to resume work, following a preliminary inspection of the damage.

According to Su, the company's warehouse located nearby can continue delivery operations as normal.

The blaze, which started around noon Sunday at a five- story Sci Pharmtech factory in Taoyuan, resulted in the death of a Filipino migrant worker and injury to another employee who was discharged from hospital after being treated for burns to his hand.
[FULL  STORY]

US Imports: If pork proven safe, I will eat it, critic says

Posted: 21 Dec 2020 02:48 PM PST

OUT IN THE COLD: Su Wei-shuo and activists took a letter and poem to the AIT asking the US not to export meat containing ractopamine to Taiwan, but they were not received

Taipei Times
Date:  Dec 22, 2020
By: Aaron Tu and William Hetherington / Staff reporter, with Staff writer

From left, Civil Alliance Against Poisoned Pork spokesman Lee Chien-cheng, farmers’ advocate Yang Ju-men, alliance member Wang Wen-hsin, clinical psychiatrist Su Wei-shuo and others hold a news conference outside the American Institute in Taiwan in Taipei’s Neihu District yesterday.
Photo: Chien Jung-fong, Taipei Times

.Clinical psychiatrist Su Wei-shuo (蘇偉碩), who has been accused of spreading false information about the effects of ractopamine on humans, yesterday said he would eat pork containing the drug if the president could prove it was safe.

Su, who has been an outspoken critic of such imports from the US, and who the Chinese Nationalist Party (KMT) has expressed support for, is under investigation after the Ministry of Health and Welfare on Oct. 28 filed a formal complaint against him with the police, for allegedly spreading misinformation about ractopamine in contravention of the Act Governing Food Safety and Sanitation (食品安全衛生管理法).

Su has previously said ractopamine causes autism and that it is 250 times more toxic than the drug MDMA, commonly known as ecstasy, among other claims.

At a news conference in front of the American Institute in Taiwan (AIT) in Taipei’s Neihu District (內湖), Su and other anti-ractopamine activists called on the government to halt its plan to import US pork containing ractopamine residue.    [FULL  STORY]

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