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Obama lauds Taiwanese democracy

US President Barack Obama acknowledged Taiwan as a “thriving” democracy for the first time on Saturday in a speech on the US’ policy in Asia that he gave at the University of Queensland in Brisbane, Australia, where he was attending the G20 summit.

In the speech, Obama said that Americans believe in democratic government and “that the only real source of legitimacy is the consent of the people.”

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Uni-President confirms usage of tainted oil

Uni-President Enterprises Corp (統一企業) interim spokesman Tu Chung-cheng (涂忠正) yesterday confirmed that the company in 2012 used 47 tonnes of coconut oil intended for animal feed.

Tu said Uni-President bought the animal feed-grade products from its oil and fat-producing subsidiary, President Nisshin Corp (統清), and used them from Aug. 20, 2012, to Oct. 31, 2012. He said President Nisshin procured the problematic products from Ting Hsin Oil and Fat Industrial Co (頂新製油實業), which in turn had imported them from Vietnam-based oil manufacturer Dai Hanh Phuc Co (大幸福).

Last Updated ( Sunday, 16 November 2014 07:07 ) Read more...
 


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Newsflash


Minister of Economic Affairs Chang Chia-juch, second left, and Minister of Foreign Affairs David Lin, right, hold a news conference in Taipei after Taiwan and Singapore signed a free-trade agreement in Singapore earlier yesterday.
Photo: Pichi Chuang, Reuters

Taiwan yesterday signed a far-reaching free-trade agreement (FTA) with Singapore — the first of its kind with a Southeast Asian country — in a move the government said would boost the nation’s efforts to pursue further economic engagement with trading partners bilaterally and multilaterally.

“This is a milestone achievement for Taiwan’s progress toward economic liberalization and our participation in regional economic integration,” Minister of Economic Affairs Chang Chia-juch (張家祝) told a press conference at 11am in Taipei.