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Arms procurement budget bill passes


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...
 
 

Taiwan, US to hold second economic partnership talk


Flags of Taiwan and the US are placed for a meeting in Taipei on March 27, 2018.
Photo: Tyrone Siu, Reuters

Taiwan and the US are to hold their second economic partnership dialogue tomorrow to forge closer bilateral ties, the US Department of State said on Friday.

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Newsflash

An investigation into New Party Youth Corps members was launched because Wang Ping-chung (王炳忠) is suspected of attempting to create a paramilitary organization to destabilize Taiwan with financial backing from China, political and national security experts said yesterday.

Media personality and political pundit Clara Chou (周玉蔻) made the allegation during a talk show on Thursday, saying she had information that one of Wang’s family members recently received NT$5 million (US$166,845) in a bank account and she believes that the money came from China.