The nation is hoping to build its first homegrown submarines within eight years and commission them into service within a decade, the shipbuilder tasked with carrying out the program said yesterday.
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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. |