Taiwan is pulling out all the stops! The island nation has approved a jaw-dropping T$94.3 billion ($2.97 billion) increase in its defense budget to buy weapons in 2024, including state-of-the-art fighter jets to fortify its defenses against China. This financial firepower comes as China intensifies its military and political pressure on Taiwan, which it views […]
In a display of raw military might, China dramatically escalated tensions in the Taiwan Strait by initiating massive military drills around Taiwan. This aggressive maneuver, according to insiders, is a direct response to Taiwanese Vice President William Lai’s recent rendezvous in the United States. Xinhua news agency’s report spotlighted Chinese military spokesperson Shi Yi, who […]
Corium, a biopharmaceutical frontrunner in the neuroscience arena, and Lotus Pharmaceutical, a global pharmaceutical powerhouse, have declared a collaboration and license agreement. This pact centers around ADLARITY (donepezil transdermal system), an unprecedented Alzheimer’s dementia therapy, targeting ten key Asian markets. ADLARITY, hailed as the U.S. Food and Drug Administration’s first-ever once-weekly patch to address mild […]
In a striking response to China’s rising aggression, the Biden administration has thundered its support for Taiwan, sanctioning a jaw-dropping $345 million military aid package. This strategic move aims to shore up the island nation’s defense capabilities, challenging the encroaching threats from China. Taiwan’s hunger for four MQ-9A reconnaissance drones from the US has been […]
The Defense Ministry of Taiwan announced on Saturday that dozens of Chinese warplanes, inclusive of fighter jets and bombers, were observed flying towards the island. This significant military activity occurred days before Taiwan’s scheduled military exercises intended to bolster its defenses against possible invasions. Next week, Taiwan is set to conduct its annual Han Kuang […]
Taiwan’s defence ministry reported on Tuesday that eight Chinese aircraft violated the median line of the Taiwan Strait. The ministry stated that these aircraft were part of a larger group of 24 Chinese warplanes, including fighter jets and bombers, sighted near Taiwan at approximately 8 am (00.00 GMT). Four Chinese warships were also observed taking […]
TotalEnergies and Corio Generation have entered into an agreement to jointly build the 2GW Formosa 3 offshore wind project in Taiwan. In the joint venture (JV) to be formed, Corio Generation, which is a Green Investment Group (GIG) portfolio company, will continue as the major shareholder as well as the lead developer, with 50% plus […]
Tata Consultancy Services (TCS) said that Taiwan-based CTBC Bank has chosen TCS BaNCS for Banking and Wealth Management for the digital transformation of its business as well as to fuel its future growth. CTBC Bank opted for TCS BaNCS to streamline its IT landscape and provide its customers with new and engaging digital experiences. Titan […]
Siemens Mobility, in consortium with ST Engineering and Stadler, has been awarded a contract to deliver an automated signaling system for metro trains in Taiwan. Under the electrical and mechanical (E&M) turnkey contract, the consortium will deliver the Yellow Line for Kaohsiung Metro. The new Yellow Line will consist of 22 underground stations and an […]
Gradiant, a Boston-based cleantech water treatment solutions provider, has acquired WaterPark Environment Corp, a Taiwanese design and construction company, for an undisclosed price. WaterPark Environment is focused on water technologies for advanced manufacturing of semiconductor, microelectronics, and others in the high tech industries. Its proprietary technologies are built for addressing the variety of water challenges […]