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German mention of ‘Taiwan’ lauded

Friday, 26 November 2021 06:02 Taipei Times

A German flag flutters in front of the Reichstag Building in Berlin on Oct. 19.
Photo: AFP

Use of the phrase “democratic Taiwan” by Germany’s new coalition government in official document shows that Taiwan-China issues are not about “independence” against “unification,” but about democracy against authoritarianism, Representative to Germany Shieh Jhy-wey (謝志偉) said yesterday.

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Arms procurement budget bill passes

Wednesday, 24 November 2021 00:31 Taipei Times

Chi Yang-class frigate Ning Yang fires a Harpoon anti-ship missile during joint-service live fire exercises on July 15 last year.
Photo courtesy of the Ministry of National Defense via CNA

The Legislative Yuan yesterday approved a bill authorizing the government to draft a special budget of up to NT$240 billion (US$8.63 billion) for arms procurements over the next five years.

Last Updated ( Wednesday, 24 November 2021 00:37 ) Read more...
 
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Newsflash


Financial Supervisory Commission Chairman Wellington Koo, left, answers questions from lawmakers on the Finance Committee at the Legislative Yuan in Taipei yesterday.
Photo: CNA

There is no guarantee that Hua Nan Commercial Bank (華南銀行) will be able to avoid being fined by US regulators for the failure of its New York branch to comply with US regulations on money laundering, Financial Supervisory Commission (FSC) Chairman Wellington Koo (顧立雄) said yesterday.