Taiwan Tati Cultural and Educational Foundation

 
  • Increase font size
  • Default font size
  • Decrease font size
Home The News News

News

Lai vows to lift defense spending to 3%

The government aims to increase defense spending to at least 3 percent of GDP this year, President William Lai (賴清德) said yesterday, hours after US President Donald Trump again threatened tariffs on Taiwanese semiconductors.

At a news conference in Taipei following his first high-level national security meeting this year, Lai said the government would propose a special budget this year to increase the nation’s defense spending to more than 3 percent of GDP.

“Taiwan must firmly safeguard its national sovereignty, strengthen its resolve for self-defense and bolster its defense capabilities,” he said.

Read more...
 
 

Philippines and New Zealand in talks for defense pact

The Philippines and New Zealand have begun negotiating an agreement that would allow them to deploy troops on each other’s soil, the two countries said yesterday, as concerns over maritime tensions with China grow.

Manila has been seeking to boost defense ties in the Asia-Pacific region and beyond in the face of China’s growing confidence in asserting its claims over the hot spot South China Sea.

A first round of talks was held in Manila on Thursday last week between the Philippines and New Zealand’s defense departments, they said in a joint statement.

Read more...
 


Page 20 of 1495

Newsflash

An electronic copy of a report obtained by the Taipei Times on the yet-to-be-approved sale of Nan Shan Life Insurance Co claims that the backers of the Hong Kong-based consortium led by Primus Financial Holding Ltd and China Strategic Holding may include individuals found guilty of financial irregularities as well as close relatives of senior members of the Chinese Communist Party.

The English translation of the report, which is dated March 10 and comes from the office of Democratic Progressive Party Legislator Pan Meng-an (潘孟安), also mentions risks of stock speculation and raises questions about the qualifications of major shareholders and the use of “shell” companies.