Starlux Airlines opens recruiting for 127 personnel: expecting recovery of aviation tourism industry

March 31, 2021March 31, 2021 Phillip Charlier 0 Comment Starlux Airlines

Starlux Airlines announced that it was seeking 127 recruits for flight crew and ground service personnel starting today, March 31. The positions are to fill manpower demand for new aircraft delivered, and flight routes opening in the second half of 2021, the airline said. Vacancies include cabin crew, maintenance, sales, customer service, airport operations and internal administration jobs. Starlux Airlines CEO Glenn Chai said that the global aviation industry has been hit hard by the epidemic in the past year,

Business and Economy

March 25, 2021March 25, 2021 Phillip Charlier 3 Comments Evergreen

Taiwan’s global shipping giant Evergreen Marine Corp (TWSE: 2603) has commissioned Korea’s Samsung Heavy Industries to build 20 new 15,000 TEU container ships, the company announced today, March 25. Evergreen Marine’s board of directors recently approved the construction of 20 new 15,000 TEU ships due to a rise in global demand. Each ship will be constructed at a price of US$115-130 million, with a total transaction value of US$2.3-2.6 billion, according to today’s press release.

Tong Hang Number 6 intercepted by Coast Guard

Business and Economy

March 12, 2021March 12, 2021 Phillip Charlier 0 Comment Port of Kaohsiung, smuggling

Coast Guard and customs officials have seized 1.6 million packs of contraband cigarettes from a Togo-flagged cargo vessel that was intercepted near Dongsha Island March 6. Coast Guard officers intercepted the ship after receiving intelligence that the 2,000 ton aggregates carrier TONG HANG No. 6 bound for Taiwan from Cambodia was carrying cigarettes manufactured in China. After intercepting the vessel on March 6, the Coast Guard escorted the ship to the Port of Kaohsiung. After arriving on March 9, customs

Business and Economy

March 9, 2021March 9, 2021 Phillip Charlier 0 Comment Acer, tech-industry

Strong demand for computers has seen Taiwan ICT giant Acer (TWSE:2353) rack up NT$20.32 billion (US$718.06 million) in consolidated revenue for February, 2021, up 80.9% from the same time last year, the company announced today, March 9. Cumulative revenue for the first two months of the year was NT$43.813 billion, a year-on-year increase of 76.8%. Acer reported that its e-sports product revenue in February increased 91.3% year-on-year, while Chromebook revenue increased by 631.3%. Earnings from desktops were up 34.3% from

Business and Economy

March 9, 2021March 9, 2021 Phillip Charlier 0 Comment exports, Ministry of Finance

Taiwan’s Ministry of Finance announced export figures for February today, March 9, showing that exports totaled US$27.29 billion, up 9.7% from the same time last year. The announcement marks the eight consecutive months of positive economic growth. Cumulative exports for the first two months of 2021 reached US$62.06 billion, a year-on-year increase of 23.2%. According to the Ministry of Finance, continued demand for tech products, including chips and panels, laptops, which expanded 68% last month contributed to overall increase in

Travel and Tourism

March 7, 2021March 7, 2021 Phillip Charlier 0 Comment Palau

Taiwan’s Ministry of Foreign Affairs (MOFA), and the Central Epidemic Command Center (CECC) have confirmed that tourism travel will soon be possible between Palau and Taiwan. Various media outlets are quoting tourism industry sources saying that President Surangel Whipps Jr will visit Taiwan to make the announcement March 15. MOFA confirmed today, March 7 that it welcomes the President of Palau to visit Taiwan after the launch of the “safe travel circle,” but refused to confirm date for the visit.

Business and Economy

February 26, 2021February 26, 2021 Phillip Charlier 0 Comment TAIEX, Taiwan Stock Exchange

The Taiwan Stock Exchange Weighted Index (TAIEX) fell almost 500 points, breaching the 16,000 barrier to close at 15,953 points, a drop of 3.03% from the yesterday’s close of 16,452, falling below the 5-day, 10-day, and monthly moving average on the last day of trading for the month today, Friday, February 26. The trading day saw a large volume sell-off in late trading, including a single transaction that saw 34,323 shares of TSMC (TWSE: 2330) shares sold worth a total

China Airlines 747 landing at Taoyuan International Airport

Aviation

February 24, 2021February 25, 2021 Phillip Charlier 0 Comment china-airlines

China Airlines is offering a last chance to fly on its 747-400 in the form of a “747 Queen of the Skies Farewell Party,” before retiring the aircraft from service. Originally scheduled for February 6, the farewell flight was postponed due to a coronavirus cluster infection in Taoyuan City in January. China Airlines today announced that the flight has been rescheduled for March 20. Passengers who were originally booked for the February 6 flight, and who are unable to make

Business and Economy

February 21, 2021February 21, 2021 Phillip Charlier 0 Comment Tesla Motors, Tesla Taiwan

A Tesla owner in Taiwan recently claimed that his car’s navigation system immediately crashed when he input the name and address of a particular fish soup restaurant in Tainan City, and other owners have confirmed the bug. Well-known tech and car bloggers also tested the bug and have uploaded video to social media sites to demonstrate the glitch. The videos show Tesla’s voice-activated navigation system crashing when asked to navigate to the Kaiyuan Road mackerel fish soup restaurant (開元路土魠魚羹) in

Business and Economy

February 18, 2021February 18, 2021 Phillip Charlier 0 Comment manufacturing, Taiwan Stock Exchange, TSMC, UMC

United Microelectronics Corp (UMC: TWSE 2303) stock rose 1.04% today after power shortages in Texas led to a shutdown in semiconductor manufacturing plants in Austin. The Texas shutdowns will exacerbate the global shortage in semiconductors, the Financial Times reported. Austin’s local electricity supplier Austin Energy told manufacturers to reduce or completely halt operations after a winter storm swept through the state, bringing record low temperatures, snow, and rolling blackouts that left millions of Texans without power. Samsung electronics halted operations

President Tsai Ing-wen cuts a cake at the Taiwan Stock Exchange

Business and Economy

February 9, 2021February 9, 2021 Phillip Charlier 0 Comment TAIEX, Taiwan Stock Exchange, tech-industry

The Taiwan Stock Exchange is closed for the Lunar New Year holidays after finishing the Year of the Rat at a record high of 15,802 points, and record company revenues are boosting investor confidence for a bullish Year of the Ox. The TWSE closed Friday, February 5, 3,683.69 points (30.4%) up from the close of trading the previous year – the Year of the Pig. As company revenue reports flood in, investors are seeing record sales, revenues, and profits, on

Business and Economy

Starlux Airlines opens recruiting for 127 personnel: expecting recovery of aviation tourism industry

Evergreen commissions build of 20 new 15,000 TEU container ships

1.6 million packs of contraband cigarettes seized from cargo ship intercepted near Dongsha Island

Acer’s February revenue up 80.9% year-on-year

Taiwan February exports hit a new high, 9.7% up from last year

Taiwan, Palau close to opening travel bubble MOFA and CDC confirm

Taiwan stocks tumble following US market rout on tech shares

Taiwan’s China Airlines launches last chance farewell party flight on retiring “Queen of the Skies” Boeing 747

Tesla navigation system bug: crashes if you mention “this” fish soup restaurant in Taiwan

Texas power outage hits semiconductor industry: Taiwan’s UMC stock up 1.04%

Taiwan stocks, company revenues reach record highs: investors hope for bullish Year of the Ox