Latest News for: Nt lo


Taiwan inks NT$17.2bn munitions deal

Taipei Times 01 Dec 2023
In addition to munitions for fighter jets, Taiwan has signed a NT$9.47 billion deal for cannon ammunition, the Ministry of National Defense said. By Lo Tien-pin and Jonathan Chin / Staff reporter, with staff writer. Taiwan has inked a NT$17.2 billion (US$546.5 million) deal to buy ...

‘Dream Plaza’ mall to replace Xinyi Eslite

Taipei Times 19 Nov 2023
Kao, the wife of Uni-President Group chairman Alex Lo (羅智先) and the only daughter of the group’s late founder, Kao Ching-yuan (高清愿), said that part of Dream Plaza could be open around the clock, all week, including a flagship Starbucks store — the franchise in Taiwan is owned by the conglomerate — but that this would depend on consumer demand.

T1 League fines Taiwan Beer Leopards over betting involving former player

Taipei Times 29 Oct 2023
The T1 League has fined the Taiwan Beer Leopards NT$350,000 (US$10,794) for contravening the league’s betting rules, the league said on Saturday, after a former player last week admitted to betting on games ... The T1 League said it banned Lo indefinitely from the league.

Four DPP challengers criticize ‘black gold’ families

Taipei Times 19 Oct 2023
“Lo Ming-tsai has won seven straight elections as legislator, abusing his authority to force state banks to invest in his start-up companies, obtaining more than NT$4 billion in loans from state banks,” Tseng said, adding that the Lo family has dominated Sindian District (新店) and its surrounding regions for more than three decades.

Defense plan to boost economy

Taipei Times 03 Oct 2023
Missile acquisition and production comprise the majority of the budget set aside to purchase domestic supplies at NT$88.82 billion. By Lo Tien-pin and Jake Chung / Staff reporter, with staff writer ... at NT$38.09 billion and logistics-related acquisitions at NT$17.5 billion.

Cabinet approves tough harassment bills

Taipei Times 13 Jul 2023
Fines for perpetrators would be comprehensively increased through the amendments, Lo said ... Those who use their power to harass others would be fined between NT$60,000 and NT$600,000 under the general category, and between NT$10,000 and NT$1 million if the offenders are employers, Lo said.

Men sentenced for ransom of ashes of businessman

Taipei Times 27 May 2023
The Changhua District Court sentenced two men to three years and eight months in jail for stealing the ashes of Cheng Shin Rubber Industrial Co founder Lo Chieh-min (羅結民) and attempting to ransom them back to his family for NT$60 million (US$1.95 million), the court said in a statement on Wednesday.

DPP councilors question Hou over corruption links

Taipei Times 26 May 2023
DPP New Taipei City Councilor Tseng Po-yu (曾柏瑜) said Hou and KMT Legislator Lo Ming-tsai (羅明才) might be embroiled in the NT$1.2 billion Asia Pacific International Property Co investment fraud scheme ... by Lee, and the NT$1.2 billion investment fraud scheme with Lo,” Tseng said.

An obsession for Taiwanese music

Taipei Times 07 Apr 2023
By David Frazier / Contributing Reporter ... OBSESSIVE MUSIC COLLECTOR ... INDIGENOUS MUSIC ... The records were all flat priced at NT$100 or NT$200,” he says ... Some records that Scheihagen once bought for peanuts, like 1980s releases by Hong Kong rock band Beyond or Taiwanese pioneer Lo Ta-yu (羅大佑) now routinely sell online for around NT$30,000 or more. LECTURE.

Vote-buying convictions change election outcomes

Taipei Times 01 Apr 2023
Prosecutors indicted Chen and Lo after evidence emerged of their staff disbursing NT$1,000 bills to local residents in exchange for votes during the run-up to the nine-in-one elections last year ... Friday’s court decision rendered Chen’s and Lo’s elections void, but the ruling can be appealed, Hsinchu Chief Prosecutor Chang Chieh-chin (張介欽) said.

Government announces NT$500 youth sports vouchers

Taipei Times 23 Mar 2023
Premier Chen Chien-jen (陳建仁) has said that similar vouchers, distributed twice during the COVID-19 pandemic, brought about NT$5.7 billion in benefits and NT$3.3 billion in spillover effects, Executive Yuan spokesman Lo Ping-cheng (羅秉承) said ... The government’s NT$30 billion rental ...

Online O-Bank expecting double-digit record growth

Taipei Times 13 Mar 2023
The figures showed earnings per share rising 18.75 percent year-on-year to NT$0.19, indicating that the bank “stayed on the right track” and grew more profitable three years after new leadership, said O-Bank chairwoman Tina Lo (駱怡君), who assumed her position in 2020.

Operators protest ‘ever-changing’ drone regulations

Taipei Times 01 Mar 2023
Kaohsiung UAV Technician Union member Lo Jui-hao (羅睿豪) said that operators were willing to comply with government policies, but that the ever-increasing rules were unbearable ... Lo said he spent more than NT$1 million (US$32,693) over two-and-a-half years to obtain certification for his drone, which weighs more than 25kg and is used in agriculture.

Eligible foreigners to be paid NT$6,000 tax rebate

Taipei Times 12 Jan 2023
Asked when the payments could be expected, Lo said the legislature must first deliberate and pass the Cabinet’s plan for spending NT$380 billion in surplus taxes collected last year. Executive Yuan spokesman Lo Ping-cheng, right, speaks at a news conference in Taipei yesterday.

Bail ruling in high-profile China spy case criticized

Taipei Times 06 Jan 2023
Former legislator Lo Chih-ming, right, and retired navy major general Hsia Fu-hsiang walk past reporters at the Kaohsiung District Court on Thursday ... to NT$200,000 ... Late on Thursday, the Kaohsiung District Court set bail for Lo and Hsia at NT$200,000 and NT$150,000 respectively.