The number of Chinese tourist arrivals to Taiwan is likely to double to 600 per day following today’s opening of direct daily charter flight services between the two sides, research results by the Ministry of Transportation and Communication (MOTC) show.
As more direct routes will be adopted for the daily cross-strait charter flights starting today, passengers will be able to save on tickets and travel time, the MOTC said.
The daily charter services will connect Taiwan to 21 Chinese destinations, including Chengdu, Chongqing, Hangzhou, Dalian, Shenzhen, Tianjin, Kunming, Qingdao, Haikou and Shenyang.
ADVANTAGE
Tour operators said the reduced travel time will be the greatest advantage of the new measures.
From today, a trip on the new Taipei-Shanghai route will take only 90 minutes — one hour less than before, when flights had to fly through Hong Kong airspace, tour operators said.
HELP
This will also help reduce the time of a flight between Taipei and Beijing to two hours and 50 minutes from the previous three hours and 35 minutes.
The number of two-way charter flights per week will rise from 36 to 108, officials said.
Some 90 percent of the passengers are Taiwanese businesspeople, so seats will be added to meet demands, they said.
The popular Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) arbitrage trade might soon see a change in dynamics that could affect the trading of the US listing versus the local one. And for anyone who wants to monetize the elevated premium, Goldman Sachs Group Inc highlights potential trades. A note from the bank’s sales desk published on Friday said that demand for TSMC’s Taipei-traded stock could rise as Taiwan’s regulator is considering an amendment to local exchange-traded funds’ (ETFs) ownership. The changes, which could come in the first half of this year, could push up the current 30 percent single-stock weight limit
EARLY TALKS: Measures under consideration include convincing allies to match US curbs, further restricting exports of AI chips or GPUs, and blocking Chinese investments US President Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under former US president Joe Biden to limit Beijing’s technological prowess. Trump officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron Ltd and ASML Holding NV engineers from maintaining semiconductor gear in China, people familiar with the matter said. The aim, which was also a priority for Biden, is to see key allies match China curbs the US
Teleperformance SE, the largest call-center operator in the world, is rolling out an artificial intelligence (AI) system that softens English-speaking Indian workers’ accents in real time in a move the company claims would make them more understandable. The technology, called accent translation, coupled with background noise cancelation, is being deployed in call centers in India, where workers provide customer support to some of Teleperformance’s international clients. The company provides outsourced customer support and content moderation to global companies including Apple Inc, ByteDance Ltd’s (字節跳動) TikTok and Samsung Electronics Co Ltd. “When you have an Indian agent on the line, sometimes it’s hard
‘SACRED MOUNTAIN’: The chipmaker can form joint ventures abroad, except in China, but like other firms, it needs government approval for large investments Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) needs government permission for any overseas joint ventures (JVs), but there are no restrictions on making the most advanced chips overseas other than for China, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. US media have said that TSMC, the world’s largest contract chipmaker and a major supplier to companies such as Apple Inc and Nvidia Corp, has been in talks for a stake in Intel Corp. Neither company has confirmed the talks, but US President Donald Trump has accused Taiwan of taking away the US’ semiconductor business and said he wants the industry back