Nick Kovac

Taiwan and USA'sFirst FTA to Cover SMEs Extensively The initial accord established under a trade initiative between the United States and Taiwan is set to take effect today, as both governments reported, with Taipei optimistic that a series of current negotiations will ultimately result in a free trade agreement. News: https://qrcd.org/7bhL #tradeinitiative #freetradeagreement #mediumsizedbusinesses #tradepartners

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"Taiwan Political Update - November 12, 2024 The most significant legislative proposal impacting Taiwan's political structure recently is the Fiscal Distribution Act. If passed, this legislation would substantially increase local governments' fiscal autonomy, diluting the central government's traditional policy leverage through subsidy allocations by delegating more financial authority to local governments. The bill has naturally sparked intense debate in parliament. The ruling party is currently attempting to delay the committee review process through procedural tactics involving the confirmation of meeting minutes. This strategy is being implemented by the ruling party's committee chairperson. However, next week, the opposition party's chairperson will take charge of committee proceedings. It is projected that the bill will clear the committee stage after November 22, 2024. For foreign investors in Taiwan, this development means engaging with a more complex stakeholder landscape. While local governments will have greater flexibility in tax collection and policy implementation, this change may not necessarily be disadvantageous for foreign businesses - it could potentially create more opportunities for strategic engagement."

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Oops. Looks like Mr. Ishiba's call for a snap election backfired. The results are in. Of the 465 contested seats in the Lower House, the Ruling Parties (LDP + Komeito) got 215. The opposition parties got 235. 233 seats were needed for a majority so simply put, the Ruling Parties lost. IMO, Mr. Ishiba should have fully addressed the financial scandal which brought down his predecessor, Mr. Kishida, before triggering this election. Mr. Ishiba and LDP are now in a precarious position. That said, I believe the future of Japanese business and investment remains on an upward path, largely unaffected by political turnover. One could even argue that government leadership here may have less direct impact on business stability than in other regions. What do you think? https://lnkd.in/eurqx92t

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Will Trump take the Musk path or the Rubio path on Taiwan? Lev Nachman reckons it might be the way of Elon in this timely op-ed for Nikkei Asia "Why should Musk cause concern for Taiwan? Beyond his strong business ties to China and sympathy with Xi Jinping and Putin, he himself has argued that Taiwan ought to simply accept a Hong Kong style "one country, two systems" deal with Beijing. Musk, like many voices in the Republican Party, do not seem to see the merit in supporting democratic places like Taiwan and Ukraine, and instead are closer to the leaders of autocratic countries of Xi and Putin. Instead, Musk has been described as a new "Kissinger" who may help broker a deal between the U.S. and China."

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TSMC's third-quarter revenue easily beats market forecast TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported on Wednesday third-quarter revenue that easily beat both the market and company's own forecasts as it reaped the benefit from artificial intelligence (AI) demand. For September alone, TSMC reported revenue jumped 39.6% year-on-year to T$251.87 billion. The company did not provide details in its brief revenue statement. TSMC will report full third quarter earnings on Oct. 17, when it will also update its outlook. The company's Taipei listed stock has risen 72% so far this year, compared with a 26% gain for the broader market. Credit: Reuters, yahoo finance

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https://lnkd.in/gdjak3PH 国民に対しても地元住民に対しても、事前に充分な情報開示をせずに、国が独断で決定して強行するやり方は大日本帝国の手口そのものだ。透明性が全くない。民主主義に反するやり方だ。 こんな独裁国家のやり方で物事を決めて行けば、大日本帝国の暴走を止める為に核兵器を二発使わなければならなくなったように、日本政府の暴走に歯止めが効かなくなるぞ。 Kure city of Hiroshima prefecture secretly negotiated with Japanese Government to construct 113ha military position. But, there was few explanation to Japanese nation and Kure city's residents. Why Japanese Government didn't initiated open arguments about this? The way the government unilaterally decided and forced through without providing sufficient information in advance to the public or local residents is exactly the Modus Operandi of Imperial Japan. There is no transparency at all. It is an anti-democratic approach. Biden Administration should abolish US-Japan Security Treaty ASAP. Japan reverted to America's enemy: Imperial Japan. Nippon Steel takes an important role in this plot. Therefore, US Government must never trust Nippon Steel and it should add it to the entity list of US' targets of sanctions. Nippon Steel's takeover of US Steel must be immediately #BANNED. Nippon Steel supports Imperial Japan's practice. #UNFORGIVEN #CIA should target Nippon Steel. If Japan continues to decide things in this dictatorial way, Japanese government's rampage will become unstoppable, just as it took two nuclear weapons to stop the rampage of Imperial Japan.

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We have to work with companies in Japan, South Korea, Germany, Taiwan and Holland if we are going to make a serious effort to prevent China from obtaining the most advanced semiconductors. This means some sacrifice for all the companies, including U.S. companies, but it is a question of national security for the entire alliance. It's clear that semiconductors are used in weapons, telecommunications systems, computers and all the systems that the Chinese are using to create global dominance--and in some cases, providing to Russia for its brutal smashing of Ukraine. China is obviously using rare earths as a bargaining chip and that means we have to redouble efforts to develop new sources. BattlefieldCyber PeterElstrom

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#IDIS's Su-Bin Yeon talks to asmag.com to consider how public perception of the need for enhanced social safety, strengthened security and increasing demand for unmanned commerical facilities and government investment are driving growth for AI video surveillance and IoT in South Korea. https://lnkd.in/g5rWSBdA #VideoSurveillance #SmartSecurity #PublicSafety #SecuritySolutions #SurveillanceTechnology #IoT

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What angers #CCP of China #PRC? There are about 380,000 #Chinese spouses of #Taiwanese living in #Taiwan, and some of them demonstrate great support for Taiwan. 80 of them are Youtubers. “Taiwan’s democratic and free way of life is enticing to them, and they want to share their experiences here — but the Chinese Communist Party (CCP) is threatened by that and launches attacks.” They talk about the nation’s public healthcare system, rule of law and governmental efficiency, which they say are all better in Taiwan than those in China. https://lnkd.in/gXDFmWRA

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未来を形作る技術: 各業界別の未来展望 第3回: 美術・エンタメ分野の革新 "Technologies Shaping the Future: Industry-Specific Outlooks Episode 3: Innovations in the Arts and Entertainment Industries" 美術およびエンターテイメント業界は、Web3技術と人工知能（AI）の導入により、顕著な変革を遂げています。これらの技術は新しい創造形式を促進するだけでなく、製作、展示、販売のプロセスを根本から変えており、アーティストと観客の関係にも新たな次元を加えています。 これらの技術が美術・エンタメ業界にもたらす文化的および商業的な影響は計り知れず、今後の展開に注目が集まっています。 The arts and entertainment sectors are experiencing significant transformations with the adoption of Web3 technologies and Artificial Intelligence (AI). These innovations are not only fostering new forms of creativity but also fundamentally changing the processes of production, exhibition, and sale, adding new dimensions to the relationship between artists and audiences. The cultural and commercial impacts of these technologies on the arts and entertainment industries are immense, and the future developments are highly anticipated. #Web3アート #AIエンターテイメント #デジタル革新 #Web3Art #AIEntertainment #DigitalInnovation https://lnkd.in/gyjrPNtp

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