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Smell of burning causes evacuation of Taipei MRT train

Around 250 passengers aboard a northbound train on Taipei’s Wenshan-Neihu MRT line were evacuated yesterday after staff at Nanjing East Road station detected a burning odor coming from cars.

The incident occurred at 8:29am when the train was at Nanjing East Road station.

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Central bank wants investment curbs

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.

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Newsflash

Aboriginal rights advocates yesterday protested a proposed amendment to the Mountain Slope Conservation and Utilization Act (山坡地保育利用條例) that seeks to relax restrictions on the transfer of Aboriginal reserve land, worrying it may accelerate the loss of Aboriginal land to non-Aborigines.

The existing law stipulates that, after obtaining ownership of a plot of Aboriginal reserve land, an Aboriginal person is required to hold it for at least five years before it can be sold.