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Internet community mobilizes to help

The Internet community in Taiwan rallied yesterday to help people affected by the devastating flooding brought by Typhoon Morakot.

“I can’t do much, but I’ve ordered 10 cases [of bottled water] and sent them to disaster-hit areas in the south,” a Plurker identified as Philip0721 wrote on the Plurk Web platform late on Saturday night. “Each one of us, let’s all order 10 cases of bottled water for the south.”

Last Updated ( Monday, 10 August 2009 07:33 ) Read more...
 
 

Weapons from US are key to peace, MAC chief says

US assistance in helping Taiwan acquire defensive weapons is key to the development of stable cross-strait ties, Mainland Affairs Council (MAC) Chairwoman Lai Shin-yuan said on Thursday.

Lai made the comments at a meeting with visiting US Representative and co-chair of the Congressional Taiwan Caucus Phil Gingrey, a statement said.

Read more...
 


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Newsflash

Chinese central bank Governor Zhou Xiaochuan (周小川) said that local-government financing vehicles using land as collateral may pose risks for the nation’s banks.

“When land prices rise, there may be over-valuation of land,” Zhou said at a press briefing in Beijing yesterday. “In the future, if land prices fall, there may be a difference in the assessment of the loan.”