EZ News 03/04/24

Good afternoon, I'm _____ with today's episode of EZ News.


Tai-Ex opening
The Tai-Ex opened up 16-points this morning from Friday's close, at 18,952 on
turnover of 4.6-billion N-T.

The market closed marginally lower on Friday, despite Wall Street climbing to
all-time high overnight.



New Taipei to Fine Tainted Chinese Chili Powder Importer
The New Taipei City Department of Health says it will fine the company
responsible for importing chili powder from China found to contain a
carcinogenic dye 2-million N- T for violating the Act Governing Food Safety
and Sanitation.

According to city officials, Bao Hsin Enterprises imported chili powder
containing Sudan III from China and supplied it to downstream (下游) food
companies islandwide.

Officials say Bao Hsin was informed that its imported chili powder was
substandard by some of those companies, but failed to take any action to
initiate a product recall, which could have prevented the tainted powder from
being used in food products.

The New Taipei District Prosecutors' Office took Bao Hsin head, Liu
Ching-shih into custody this past weekend.


Tourism Development Fund to End Debt Financing if Target are Met
The Tourism Administration says the government's tourism promotion fund is
expected to end debt financing one year ahead of schedule, if the tourist
arrival target of 12-million visitors for this year is met.

The Tourism Development Fund generated (產生的) 5.866-billion N-T in revenue
last year excluding the special government budget, which was about 70-per
cent of the pre-coronavirus pandemic average revenue of 6.1-billion N-T.

The fund's current book debt is 400 million N-T.

Data shows that more than 6.48-million tourists visited Taiwan last year.

Hong Kong, Macau, Japan and South Korea were the largest sources of visitors.



US VP and Israeli to Discuss Gaza Ceasefire
The Vice President of the United States is due to meet with a member of
Israel's war cabinet in Washington later today to discuss how to get
humanitarian aid into Gaza.

Kamala Harris and Benny Gantz are also expected to talk about the need for a
temporary (暫時的) ceasefire.

According to Gantz's office he will also meet US Secretary of State Anthony
Blinken.

Our US correspondent Jagruti Dave has more.


Malaysia Gov Considers New Proposal for MH370 Search
Malaysia’s government says it may renew the search for MH370 after a U.S.
technology firm proposed a fresh search in the southern Indian Ocean where
the Malaysia Airlines plane is believed to have crashed.

The plane with 239 people aboard vanished a decade ago while en route from
Kuala Lumpur to Beijing.

Malaysia's transport minister says that Texas-based Ocean Infinity proposed
(提議) another “no find, no fee” search, expanding from the site where it
first looked in 2018.

He said he has invited the company to meet him to evaluate new evidence it
has to find the plane’s final resting place.


That was the I.C.R.T. news,

Check in again tomorrow for our simplified version of the news, uploaded
every day in the afternoon.

Enjoy the rest of your day, I'm _____.

Good afternoon, I'm _____ with today's episode of EZ News.





Tai-Ex opening

The Tai-Ex opened up 16-points this morning from Friday's close, at 18,952 on

turnover of 4.6-billion N-T.



The market closed marginally lower on Friday, despite Wall Street climbing to

all-time high overnight.







New Taipei to Fine Tainted Chinese Chili Powder Importer

The New Taipei City Department of Health says it will fine the company

responsible for importing chili powder from China found to contain a

carcinogenic dye 2-million N- T for violating the Act Governing Food Safety

and Sanitation.



According to city officials, Bao Hsin Enterprises imported chili powder

containing Sudan III from China and supplied it to downstream (下游) food

companies islandwide.



Officials say Bao Hsin was informed that its imported chili powder was

substandard by some of those companies, but failed to take any action to

initiate a product recall, which could have prevented the tainted powder from

being used in food products.



The New Taipei District Prosecutors' Office took Bao Hsin head, Liu

Ching-shih into custody this past weekend.





Tourism Development Fund to End Debt Financing if Target are Met

The Tourism Administration says the government's tourism promotion fund is

expected to end debt financing one year ahead of schedule, if the tourist

arrival target of 12-million visitors for this year is met.



The Tourism Development Fund generated (產生的) 5.866-billion N-T in revenue

last year excluding the special government budget, which was about 70-per

cent of the pre-coronavirus pandemic average revenue of 6.1-billion N-T.



The fund's current book debt is 400 million N-T.



Data shows that more than 6.48-million tourists visited Taiwan last year.



Hong Kong, Macau, Japan and South Korea were the largest sources of visitors.







US VP and Israeli to Discuss Gaza Ceasefire

The Vice President of the United States is due to meet with a member of

Israel's war cabinet in Washington later today to discuss how to get

humanitarian aid into Gaza.



Kamala Harris and Benny Gantz are also expected to talk about the need for a

temporary (暫時的) ceasefire.



According to Gantz's office he will also meet US Secretary of State Anthony

Blinken.



Our US correspondent Jagruti Dave has more.





Malaysia Gov Considers New Proposal for MH370 Search

Malaysia’s government says it may renew the search for MH370 after a U.S.

technology firm proposed a fresh search in the southern Indian Ocean where

the Malaysia Airlines plane is believed to have crashed.



The plane with 239 people aboard vanished a decade ago while en route from

Kuala Lumpur to Beijing.



Malaysia's transport minister says that Texas-based Ocean Infinity proposed

(提議) another “no find, no fee” search, expanding from the site where it

first looked in 2018.



He said he has invited the company to meet him to evaluate new evidence it

has to find the plane’s final resting place.





That was the I.C.R.T. news,



Check in again tomorrow for our simplified version of the news, uploaded

every day in the afternoon.



Enjoy the rest of your day, I'm _____.