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Navy to receive second indigenous corvette next month

The navy is expected to take delivery of the nation’s second domestically built Tuo Chiang-class corvette next month, a military source said yesterday.

The Tuo Chiang-class corvette is a fast, stealthy multipurpose warship designed and manufactured locally for the navy.

A prototype of the corvette named Tuo Chiang (PGG-618) was commissioned in 2015. The first complete Tuo Chiang-class corvette, the Ta Chiang, was launched in December 2020.

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School apologizes for Chinese flag on senior yearbooks

A Keelung high school on Saturday night apologized for using a picture containing a Chinese flag on the cover of the senior yearbook, adding that it has recalled the books and pledged to provide students new ones before graduation on Thursday.

Of 309 Affiliated Keelung Maritime Senior High School of National Taiwan Ocean University graduates, 248 had purchased the yearbook.

Some students said that the printer committed an outrageous error in including the picture, while others said that nobody would notice such a small flag on the cover.

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Newsflash

Investors recoiled from risky assets yesterday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis.

Stocks from Tokyo to Mumbai were haunted by suspicion of lenders’ exposure to Dubai firms that built islands in the Gulf, planned cities from Pakistan to Africa and fashioned the financial hub of the world’s biggest oil exporting region.