Taiwan Weekly is a newsletter released every week by Fair Winds Foundation, Association of Foreign Relations and Taipei Forum that provides coverage and perspectives into the latest developments in Taiwan.
In a significant move, Chairman Mark Liu of the Taiwan Semiconductor Manufacturing Company (TSMC) has declared that he will not participate in the next board director nomination and will retire after the shareholder meeting next year.
DetailsMainland China's announcement to partially suspend tariff reductions under the cross-strait Economic Cooperation Framework Agreement (ECFA) was widely expected after declaring Taiwan’s trade position as imposing trade barriers.
Details"Taiwan under my leadership would be a friend of China, instead of an enemy," said Democratic Progressive Party (DPP) Chairman and presidential candidate William Lai in an interview just a month ago.
DetailsDecember 18: Social networking website Dcard was searched by police for suspected account data fraud. This is the first time a social networking company in Taiwan has been "searched" by police for not providing requested data. Dcard was founded in 2011 and currently has over 8 million members. It has more than 20 million non-repeating visitors per month and is the world's largest anonymous social community platform.
DetailsResults of the trade barrier investigation by mainland China, initially scheduled for release on January 12 next year, were unexpectedly disclosed ahead of time on December 15, leaving Taiwan in speculation and commotion.
DetailsAs the incumbent vice president and chairman of the ruling Democratic Progressive Party (DPP), William Lai seems to be running a challenging campaign despite full support by his party and the current administration.
DetailsNews trends have changed greatly since the registration of presidential candidates and the formal formation of a three-way race.
DetailsDecember 11: Cross-partisan negotiations on a draft bill to tighten security at military facilities have been completed, and legislation is expected in the near future. The proposed legislation empowers the Armed Forces to define military camps as wherever troops conduct military exercises; the military can control, expel, prosecute, and fine "violators" such as those who take unauthorized photos; it can even search social media or material published by the media afterward if the content is considered to have security concerns; fines may even be issued and legal action taken. The bill has attracted scrutiny about expansion of the executive powers.
DetailsThe 2023 United Nations Climate Change Conference (COP28), which is currently taking place in Dubai, has more than 100 countries vowing to increase renewable energy power generation by three times that of now within the next seven years, with more than 20 countries requesting to increase nuclear power generation three times by the year 2050.
DetailsAs expected, during the 2023 United Nations Climate Change Conference (COP28) on December 8, independent organizations such as Germanwatch unveiled the annual Climate Change Performance Index (CCPI).
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