Taipei

Taiwan's archbishop to invite pontiff to visit Taiwan

taiwanTaipei - The Archbishop of the Taipei Archdiocese will invite Pope Benedict XVI to visit Taiwan next year, a newspaper said on Saturday.

According to the Taipei Times, Archbishop John Hung led a delegation to the Vatican on Saturday to report for the first time to the pope on the state of Taiwan's dioceses, and invite the pontiff to the island.

The invitation seeks his attendance at next year's celebrations of the 150th anniversary of the establishment of the Catholic Church in Taiwan.

Taiwan's foreign exchange reserves increase in November

Doctor hopes to bring laughter yoga to China via Taiwan

Madan KatariaTaipei - Madan Kataria, the Indian founder of the international
laughter yoga movement, began a visit to Taiwan Thursday, hoping to
spread his movement from Taiwan into China.

"I am very happy to
be in Taiwan. I hope the laughter yoga movement can spread from Taiwan
to China. There is great potential in China," he told Deutsche
Press-Agentur dpa.

A former physician in Mumbai, Kataria, 53,
was invited by the Taiwan Yoga Laughter Club to visit Taiwan and meet
with the group's members.

During the week-long visit, he will
train leaders of Taiwan laughter clubs, make a speech on laughter yoga

Taiwan's former intelligence chief gets 10 years' jail for graft

Yeh Sheng-MaoTaipei - A Taiwan court Thursday sentenced a former top intelligence chief to 10 years in prison for his role in a high-profile money laundering scandal implicating the nation's ex-president Chen Shui-bian.

Yeh Sheng-mao, former director of the Investigation Bureau, was convicted on charges of leaking intelligence and helping others gain illicit profits, said judge Huang Chun-ming, a spokesman of the Taipei District Court.

Taiwan opens stock market to qualified Chinese investors

Taiwan FlagTaipei - Taiwan's cabinet Thursday approved a plan to allow qualified direct institutional investors (QDII) from China to invest 3 per cent, or up to 222 million dollars, of their net worth in the local stocks and futures markets.

The plan, aimed to prop up the sagging bourse on the island, was approved along with 10 public infrastructure projects by Premier Liu Chao-shiuan during a cabinet meeting, according to a Taiwan government news statement.

Taiwan's Uni-President Group to add two shrimp farms in Vietnam

Taiwan FlagTaipei - Taiwanese food conglomerate Uni-President Group plans to build two more farms to supply young shrimp to Vietnamese exporters, the company said Wednesday.

The company opened its first shrimp farm in Vietnam in April. It employs 60 workers and produces 1 billion shrimp a year, according to Uni-Group. An additional two or three farms are planned for Vietnam in 2009, company spokeswoman Wu Hsu-hui said.

"After the new shrimp farms begin operating, our target is to supply 4 billion young shrimps to Vietnamese shrimp farms each year," she said.

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