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Proposed beef referendum clears committee review

A civic movement to hold a referendum on US beef imports cleared another hurdle yesterday, passing a review by the Cabinet’s Referendum Screening Committee by a vote of 16-0.

After a meeting that lasted a little over an hour, committee chairman Chao Yung-mau (趙永茂) announced that the petition launched by the Consumers’ Foundation met the criteria in the Referendum Act (公民投票法), and “we have therefore decided to approve [it].”

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Chinese threat won’t sway arms deal: source

It is unlikely that China’s threat of “severe consequences” will sway White House plans to sell several billions of dollars in arms to Taiwan early this year, a source close to the White House said.

But the threat made on Tuesday by Beijing’s Foreign Ministry was nevertheless a “cause for concern” among US President Barack Obama’s national security advisers.

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Newsflash


The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters in Hsinchu on Jan. 18.
Photo: Ann Wang, Reuters

Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) board of directors has approved a plan to invest up to ¥18.6 billion (US$177.7 million) to set up a fully owned subsidiary in Japan to expand its 3D semiconductor material research, the company said yesterday.