DOCSLIB.ORG

Annual Report 2012 Taiwan High Speed Rail and Corporate Responsibility, with the Principle of “Go Extra Mile” Guiding Every Action We Take

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2012 Taiwan High Speed Rail and Corporate Responsibility, with the Principle of “Go Extra Mile” Guiding Every Action We Take 2012 ANNUAL REPORT Fact Sheet THSRC Milestones Commencement Date: May 1998 Construction Stage: March 2000–December 2006 Operation Stage: Started in January 2007 Capitalization: NT$105.3 billion Summary Results for 2012: Train Services: 48,682 train services Punctuality Rate(defined as departure within 5 minutes of scheduled time): 99.40% Annual Ridership: 44.53 million passengers Annual Revenue: NT$33.98 billion Loading Factor: 54.59% Passenger Kilometers: 8.64 billion km Total Route Length: 345 km Number of Cities/Counties Passed Through: 11 cities/counties Maximum Operating Speed: 300 km/hr Number of Seats Per Train: 989 seats (923 seats in standard and 66 in business class carriages) Stations in Service: 8 (Taipei, Banqiao, Taoyuan, Hsinchu, Taichung, Chiayi, Tainan and Zuoying) Maintenance Depots in Service: 5 (Lioujia/Hsinchu, Wurih/Taichung, Taibao/Chiayi, Zuoying/ Kaohsiung and Yanchao Main Workshop/Kaohsiung) Note: Loading Factor=Passenger Kilometers/Seat-Kilometers x 100% Passenger Kilometers = sum of the mileage traveled by each passenger Seat Kilometers = ∑ (number of seats per trrainset * sum of the mileage of trains operated in revenue service) Table of Contents 02 Chairman’s Letter to Shareholders 04 Overview Company Profile 06 Company History 09 12 Our Business Five Years in Review 13 Results of Operations 14 Looking Ahead 18 19 Corporate Governance Corporate Governance Overview 20 Internal Control 27 The Disclosure of Relationship among the Top 10 Stockholders who are Related Parties, or a Relative up to the Second Degree of Kinship or a Spouse to One Another 28 30 Corporate Activities Public Relations 31 Corporate Social Responsibility (CSR) 33 36 Financial Report Financial Highlights 37 Financial Statements 40 CHAIRMAN’S LETTER to SHAREHOLDERS 02 03 Dear Fellow Shareholders, 2012 marked our sixth year of operation. Over the years, THSR has played a critical role in enhancing people’s lives The transformation of Taiwan by creating new choices for travel and bringing urban and THSRC has been started from rural communities closer together. We remain unwavering in our quest for excellence in service, customer satisfaction Annual Report 2012 Annual Taiwan High Speed Rail and corporate responsibility, with the principle of “Go Extra Mile” guiding every action we take. 2012 Results Since starting operations on the rail line in January 2007, we have carried over 200 million passengers. January 2013 marked our sixth operational anniversary, and we continued our efforts to increase patronage despite the challenges posed by the economic slowdown. During 2012, our passenger volume rose to 44.53 million, we provided a total of 48,682 train services, and our loading factor was 54.59%, an increase of 2.96 percentage points compared to 51.63% in 2011. Even with this increase in passenger volume, we managed to achieve a punctuality rate of 99.40% and a train service reliability rate of 99.98%, excluding factors that are beyond our control. We are proud of our zero accident record over the past year – no accidents or injuries to passengers or the public on railway premises were caused by train service operations or malfunctions of railway equipment. We also made strong progress in marketing and sales with the launches of a number of promotional programs, such as Fun Reading for Family, Early Bird ticketing, discounts for college students, upgraded service to business class, and vacation packages and deals under our T Holiday program. Furthermore, we provided Chin-Der Ou multiple channels for ticket purchasing, including at Chairman CHAIRMAN’S LETTER TO SHAREHOLDERS 02 03 convenience stores, via smart phone, and using contactless Looking ahead to 2013, we will bring more innovative EasyCard. We maximized accessibility to our HSR stations by services to our customers, in addition to our long-standing providing free shuttle bus services to and from downtown commitment to safety, reliability and ease of travel. We areas. will continue delivering profitable growth by expanding THSRC proceeds from station area development and affiliated Our financial performance also improved significantly from businesses. Concurrently, we will continue giving back to Annual Report 2012 Annual the prior year. We posted revenues of NT$33.98 billion, a the communities in which we live, work and serve. 5.40% increase from 2011. Our profit before tax was 3.96 billion, an increase of 0.77 billion compared to 3.19 billion (2)Top-line Growth in 2011. EBITDA reached NT$23.32 billion, a 2.60% increase The Directorate-General of Budget, Accounting and Statistics over 2011. of the Executive Yuan in February forecast Taiwan’s GDP growth at 3.59% for 2013. We are keen to seize the Based on the figures above, we demonstrated broad-based opportunities the growth trend presents, driving sales on an growth and improvement across our entire operation, from estimated passenger volume of 47.85 million in 2013. transport volume and passenger revenue to cost control and operational efficiency. (3)Main Marketing Initiatives Since the commencement of our operation, we have Research & Development investigated all aspects of passenger behavior and For the stability and safety of our railway operation, we researched their needs and satisfaction levels. We tailor worked to build up our maintenance capability and strived our services to surpass passenger expectations and to stay to reduce the cost and delivery risk of spare parts. To competitive against other transportation methods, to fulfill meet these objectives, we sought out local suppliers for our goal of gaining market share and growing revenue. The spare parts and built the capability of our repair works for main marketing initiatives we plan for 2013 include: electronic equipment. We conducted extensive research into the control of corrosion of OCS (overhead catenary system), A.Ensure safe and stable transport the protection of light indicators for turnout switches, the B.Plan innovative services improvement of track functions, bridge structure diagnosis C.Broaden the breadth and depth of our services through and management system development. We also launched working with our partners across the industry a study into MES (main earthquake sensor) bypass devices, D.Make booking and paying tickets easier and more among others. convenient E.Enable the exchange of transfer information through one Looking Forward common platform F.Improve the quality of service (1)Management Objective G.Advance the development of affiliated businesses Thanks to our efforts over the past six years, high speed rail has become the most important means of travel along Taiwan’s western corridor, serving as a catalyst for growth in the regional economies and enhancing the lives of those we serve. Chin-Der Ou Chairman O VERVIEW Creating a culture of customercentric innovation O VERVIEW Company Profile Business Segments 06 THSRC's business scope covers the operation of the high-speed rail and affiliated businesses, as well as station area development. A. High-Speed Rail Service C. Station Area Development THSRC provides high-speed rail services to each of the There are five station area developments located in major cities along Taiwan’s western corridor via eight Taoyuan, Hsinchu, Taichung, Chiayi, and Tainan. stations: Taipei, Banqiao, Taoyuan, Hsinchu, Taichung, The unused land and spaces within station premises Chiayi, Tainan and Zuoying. A total of 48,682 train available for affiliated business development totals services were delivered in 2012, with maximum traffic 30.14 hectares, with a floor area of 1,200,380 m2 volume amounting to as many as 196 services a day (approximately 363,000 ping), which can be used for during one of the long-holiday weekends. Offering an array of commercial purposes including hotels and speed, convenience and dependability, THSRC has restaurants, convention and exhibition space, recreation become the transport of choice for residents and and amusement venues, office space, retail facilities, travelers alike. and space for financial services, general services, telecommunication services, transportation services, B. Affiliated Businesses and tourism-related services. To serve the needs of the traveling public, at high-speed THSRC will work to enhance station area development rail stations, we have provided various commercial in support of the government’s policy of economic outlets that supply goods and services, including food, development, and we will align our development beverages, newspapers and other reading materials, efforts with the needs of local communities and market souvenirs, car rental and travel agency services, and car conditions in order to maximize profit. parking facilities. The main objectives of station area development are as Advertising, both at station sites and on board trains, follows: makes a significant contribution to THSRC revenue, • Execute and coordinate the Station Area Development offering passengers within the rail system a unique Agreement brand of distinctive artwork and information. • Initiate the overall development planning and All these commercial outlets and facilities are designed strategy for station area development to add value to passengers' high-speed rail experience • Evaluate different business models for station area and demonstrate THSRC's commitment to providing development, such as investing and building for high-quality services in its stations, which play an operation by the developer, joint ventures with important role in the communities served by the
Load more

Recommended publications
  • 世界の地下鉄データ一覧表② Shenyang 瀋陽 ─Lille リール 1/2
    世界の地下鉄データ一覧表② Shenyang 瀋陽 ─Lille リール 1/2 Country City Operator Type of Train First section Route Number Number Number of Service hours Fare Ridership City mode crew opened length(km) of lines of stations employees system (million) 国 都市 営業主体 種別 乗務員 開通年 営業キロ 路線数 駅数 従業員数 運行時間 運賃制度 輸送人員 都市 Shenyang Shenyang Metro Co., Ltd. Metro D 2010.10 28 1 22 --- --- --- --- Shenyang 瀋陽 開業予定 Taiwan Taipei Taipei Rapid Transit Corporation Metro/ D & 1997.3 90.6 9 82 4035 6:00-0:00 distance 449.00 Taipei 台湾 台北 （TRTC） VAL Less Kaohsiung Kaohsiung Rapid Transit Metro D 2008.4 42.3 2 37 380 6:00-23:00 distance 0.2/day Kaohsiung 高雄 Corporation（KRTC） Thailand Bangkok Bangkok Metro Public Company Metro D 2004.7 20.0 1 18 1000 6:00-0:00 distance 62.00 Bangkok タイ バンコク Limited（BMCL） Malaysia Kuala Lumpur Rangkaian Pengangkutan Integrasi LRT Less 1998.9 29.0 1 24 *600 *6:00-0:00 distance *56.50 Kuala Lumpur マレーシア クアラルンプール Deras Sdn Bhd（RAPID KL） 対キロ区間制 Singapore Singapore Singapore Mass Rapid Transit Metro D 1987.11 98.4 4 58 3000 5:30-0:30 distance 510.20 Singapore シンガポール シンガポール Corporation Ltd.（SMRT） SBS Transit Metro Less 2003.6 20.0 1 16 *700 *5:42-0:26 distance *65.00 India Kolkata Metro Railway, Kolkata Metro D 1984.10 28.3 1 24 3163 7:00-21:45 distance 114.80 Kolkata インド コルカタ 対キロ区間制 Delhi Delhi Metro Rail Corporation Ltd. Metro D 2002.12 90.7 3 78 4805 6:00-23:00 distance 255.50 Delhi デリー （DMRC） Iran Tehran Tehran Urban & Suburban Metro D 2000.2 102.6 4 61 3325 5:30-22:30 flat 449.00 Tehran イラン テヘラン Railway Operation Co.,（TUSROC） Turkey Ankara Elektrik, Gaz ve Otobüs Isletmesi¸ Metro/ D 1996.8 23.1 2 22 *625 *6:00-0:00 flat *107.60 Ankara トルコ アンカラ Genel Müdürlüˇgü（EGO） LRT Istanbul Istanbul Transportation Co., Metro D 2000.9 12.0 1 10 250 6:15-0:30 flat 56.80 Istanbul イスタンブール （Istanbul Ulasim¸ Sanayi ve Ticaret AS） （Hafif） LRT D 1989.9 34.3 2 40 625 *6:00-0:30 flat 76.00 1号線のみ Municipality of Istanbul Electricity,Tramway Funicular D 1875.1 0.573 1 2 20 7:00-21:00 flat 7.80 & Tunnel Administration（IETT）（Tünel） Izmir Izmir Metro A.S.
    [Show full text]
  • III IV Taipei Taipei Kaohsiung Kaohsiung Kaohsiung Kaohsiung
    Earthquake Yellow Shaking Alert M 6.4, TAIWAN Origin Time: Fri 2016-02-05 19:57:26 UTC (03:57:26 local) PAGER o o Location: 22.83 N 120.62 E Depth: 10 km Version 1 Created: 26 minutes, 42 seconds after earthquake Estimated Fatalities Yellow alert level for economic losses. Some Estimated Economic Losses damage is possible and the impact should be relatively localized. Estimated economic losses 67% are less than 1% of GDP of Taiwan. Past events with this alert level have required a local 38% 38% 30% or regional level response. 20% 3% 4% Green alert level for shaking-related fatalities. There is a low likelihood of casualties. 1 100 10,000 1 100 10,000 10 1,000 100,000 10 1,000 100,000 Fatalities USD (Millions) Estimated Population Exposed to Earthquake Shaking ESTIMATED POPULATION - -* 23,279k* 11,230k 2,964k 3,007k 404k 4k 0 0 EXPOSURE (k = x1000) ESTIMATED MODIFIED MERCALLI INTENSITY PERCEIVED SHAKING Not felt Weak Light Moderate Strong Very Strong Severe Violent Extreme Resistant none none none V. Light Light Moderate Moderate/Heavy Heavy V. Heavy POTENTIAL Structures DAMAGE Vulnerable Structures none none none Light Moderate Moderate/Heavy Heavy V. Heavy V. Heavy *Estimated exposure only includes population within the map area. Population Exposure population per ~1 sq. km from Landscan Structures: Overall, the population in this region resides III in structures that are resistant to earthquake 118°E 120°E 122°E shaking, though some vulnerable structures exist. The predominant vulnerable building LuochengLuochengLuocheng TaipeiTaipei types are adobe block and reinforced XianduXiandu LuochengLuochengLuocheng TaipeiTaipei LongmenLongmenLongmen QuanzhouQuanzhou masonry construction.
    [Show full text]
  • The CIB W062 36Th International Symposium Water Supply and Drainage for Buildings
    Investigation of public toilet facility in MRT station (1) W.J.Liao, Ms. (2) C.L. Cheng, Dr. (3) K.C. He, Dr. (4) M.H.Wu , Dr. (1)[email protected] (2)[email protected] (3)[email protected] (1) (2) (3) (4) National Taiwan University of Science and Technology, Department of Architecture, 43 Keelung Road Sec.4, Taipei, Taiwan, R.O.C. Abstract “Toilet”, an indispensible facility of architecture in modern people’s life, has reflected civilian hygienic habit, civic-minded standard, aesthetic consciousness, overall educational level of a nation and national economic development. A well-established public toilet should meet many basic needs like safety, convenience, pleasing to the eye, saving resources, and hygiene etc. Later on, this study not only explores every basic functional requirement what public toilets of MRT stations should have, but analyze and discuss the functions of pleasing to the eye, comfort, energy saving, environmental protection, humanization, and design being used universally etc. Hopefully there will be more complete, convenient and comfortable service space of sanitary toilets provided. Users’ need can be satisfied as well. Meanwhile, the management authority can reduce the management cost of every item. The workload for cleaning and maintenance personnel can be lessened to fulfill the objective of need in every aspect. This study plans to collect fundamental examples of cases for public toilets both in domestic and foreign MRT stations. The later goal will be aimed at knowing the use condition and current setup status of already built public toilets for domestic MRT stations.
    [Show full text]
  • IHRA Forum 2018
    IHRA Forum 2018 Overcoming Challenges in a Complex World －Past, Present and Future－ 複 雑さを 増 す 世界情勢と変革への挑戦 ～過去、現在、そして未来へ～ Date and Time: 10 : 00AM- 5 : 40PM, November 8th (Thu), 2018 Venue: Hilton Fukuoka Seahawk Organized by: International High-speed Rail Association With Conference Support from: Ministry of Foreign Affairs of Japan Ministry of Economy, Trade and Industry Ministry of Land, Infrastructure, Transport and Tourism 日時：2 018年11月８日（ 木 ）1 0 : 00～17 : 40 会 場：ヒルトン 福 岡シーホーク 主催：一般社団法人 国際高速鉄道協会 後援：外務省、経済産業省、国土交通省 IHRA website （English）http://www.ihra-hsr.org （ 日本語）http://www.ihra-hsr.org/jp/ PROGRAM プログラム IHRA Forum 2018 IHRA国際フォーラム 2018 Overcoming Challenges in a Complex World －Past, Present and Future－ 複雑さを増す世界情勢と変革への挑戦 ～過去、現在、そして未来へ～ ■ Date and Time: 10 : 00AM－5 :40PM, November 8th (Thu), 2018 ■ Venue: Hilton Fukuoka Seahawk ■ 日 時 ： 2 018 年11月８日（木） 10 :00 ～17:40 ■ 会場 ： ヒルトン福岡シーホーク 10:00AM Opening Remarks Masafumi Shukuri Chairman, International High-speed Rail Association １０:０0 開会挨拶 宿利正史 一般社団法人 国際高速鉄道協会 理事長 Speec h (Video) Shinzo Abe Prime Minister of Japan ご挨拶（ビデオ） 安倍晋三 内閣総理大臣 Speech Keiichi Ishii Minister of Land, Infrastructure, Transport and Tourism, Japan ご挨拶 石井啓一 国土交通大臣 10:15AM Opening Session “ Indo Pacific Outlook” 10:15 オープニングセッション 「インド 太平洋地域の将来展望」 ◆Panelists Richard L. Armitage Founder and President, Armitage International, L.C., US ◆パネリスト リチャード・L・アーミテージ ア メリ カアーミテージ・インターナショナル創設者・代表（元アメリカ国務副長官） Subrahmanyam Jaishankar Group President, Global Corporate Affairs, Tata Sons Limited, India スブラマニアム・ジャイシャンカル インド タタ・サンズ 社グローバル・コーポレート・アフェアーズ
    [Show full text]
  • Relationships Between Floods and Social Fragmentation: a Case Study of Chiayi, Taiwan
    Relationships between floods and social fragmentation: A case study of Chiayi, Taiwan • Yung-Jaan Lee • Chung-Hua Institution for Economic Research, Taiwan • Li-Pei Peng* • Ting-Jay Lee • National Taiwan University, Taiwan *Corresponding author Abstract Resumen Lee, Y.-J. Peng, L.-P., & Lee, T.-J. (March-April, 2017). Lee, Y.-J. Peng, L.-P., & Lee, T.-J. (marzo-abril, 2017). Las Relationships between floods and social fragmentation: A relaciones entre las inundaciones y la fragmentación social: un case study of Chiayi, Taiwan. Water Technology and Sciences estudio de caso de Chiayi, Taiwán. Tecnología y Ciencias del (in Spanish), 8(2), 5-18. Agua, 8(2), 5-18. The social vulnerability approach has been recognized El enfoque de la vulnerabilidad social ha sido reconocido como una de las as one of the most important tools for exploring contexts herramientas más importantes para explorar contextos y estrategias and coping strategies in relation to contemporary disasters. de afrontamiento en relación con los desastres contemporáneos. Sin However, social vulnerability is such a multi-faceted and embargo, la vulnerabilidad social es un constructo tan multifacético complex construct that scholars from different fields have not y complejo que estudiosos de diversas disciplinas no han llegado a un consenso sobre la mejor manera de medirlo y continúa el debate reached consensus on how best to measure it, and discussions 5 on this issue continue. Some scholars consider that this sobre dicha cuestión. Algunos estudiosos consideran que este enfoque puede manifestar el papel de la intervención humana. Sin approach can manifest the role of human agency. However, embargo, dada la falta de observaciones históricas, interpretar las given a lack of historical observations, interpreting the causes causas de los desastres a través de perspectivas basadas en eventos of disasters through event-based perspectives cannot easily no puede reflejar el mecanismo institucional detrás de tales eventos.
    [Show full text]
  • A Bored Tunnel on Kaohsiung Rapid Transit System, Contract CR2 33
    JournalBenson of GeoEngineering, Bin-Chen Hsiung Vol. and 3, No.Kuan-Lin 1, pp. 33-40,Lu: Case April Record 2008 of a Bored Tunnel on Kaohsiung Rapid Transit System, Contract CR2 33 Case Record: A BORED TUNNEL ON KAOHSIUNG RAPID TRANSIT SYSTEM, CONTRACT CR2 Benson Bin-Chen Hsiung1 and Kuan-Lin Lu2 ABSTRACT Shield-machine bored tunnels are used for a variety of purposes in urban areas. Construction of these bored tunnels in soft ground can induce ground movement and cause damage to adjacent structures. Observation of soft ground tunnels in clay have been popularly discussed but there is limited literature on soft ground tunnels constructed in sand. A complete case record is given in this paper based on tunnels on Contract CR2 of the Kaohsiung Metro. It shows the accumulated maximum surface set- tlement induced by tunnelling can be up to 40 mm and that the ground becomes stable 20 to 40 days after the shield has passed. This paper explores the effects from two factors on the transverse surface settlement trough, ground loss rate (V) and settlement trough factor (K). Back-analyses indicate that approximately 0.31 to 1.85% of V and 0.4 to 0.9 of K were induced by the tunnel- ling works. In addition, three construction parameters, chamber pressure coefficient (Pr), backfill rate and backfill pressure were calculated and discussed. It is observed that Pr is mainly in the range of 0.7 to 0.9, backfill rate varies from 100 to 150% and the applied backfill pressure varies from 200 to 500 kPa during the construction.
    [Show full text]
  • Globalization, Land Expropriation, and Community Resistance: a Case Study in Wanbao Community, Miaoli County, Taiwan by Janice H
    GLOBALIZATION, LAND EXPROPRIATION, AND COMMUNITY RESISTANCE: A CASE STUDY IN WANBAO COMMUNITY, MIAOLI COUNTY, TAIWAN BY JANICE HSU THESIS Submitted in partial fulfillment of the requirements for the degree of Master of Urban Planning in Urban Planning in the Graduate College of the University of Illinois at Urbana-Champaign, 2017 Urbana, Illinois Master’s Committee: Professor Faranak Miraftab Professor Shih-Jung Hsu, National Chengchi University, Taiwan Abstract The Land Expropriation Act of Taiwan, enacted in the year 2000, has been abused by the local authorities without proper oversight from the public, and this abuse has often caused displacements without reasonable compensation. The abuse of land expropriation can be devastating to those who live in the rural areas of Taiwan, where agricultural land for development is abundant and farmers are the culturally disadvantaged group of the society. This research specifically focuses on the land expropriation experience of Wanbao Community, a rural farming community located in the middle-west part of Taiwan that has successfully resisted land expropriation through a grassroots movement. This paper strives to offer the following: a comprehensive understanding of the legitimization of land expropriation from the local as well as the global perspective; background information on the rise of land expropriation in Taiwan; and the effects of such processes on farmers’ social status. Moreover, based on field research in Wanbao Community, this thesis analyzes the keys to successful resistance to land expropriation and discusses possible planning solutions to prevent it. Research shows that arbitrary land expropriation in Taiwan can be propelled by the state’s pursuit of current trends in global capitalism, also known as globalization, and the urban citizens’ pursuit of a modern lifestyle.
    [Show full text]
  • The Six-Year National Development Plan for Taiwan, Republic of China
    THE SIX-YEAR NATIONAL DEVELOPMENT PLAN FOR TAIWAN, REPUBLIC OF CHINA (1991-1996) BACKGROUND OF THE PLAN THE RAPID ECONOMIC GROWTH HAS CAUSED THE FOLLOWING PROBLEMS: 1. DETERIORATION OF QUALITY OF LIFE TRAFFIC CONGESTION. ENVIROMENTAL POLLUTION, RISING CRIME RATE. LACK OF CULTURAL AND RECREATIONAL FACILITIES. 2. LOSING THE COMPETITIVENESS SHORTAGE OF LABOR AND DECLINING WORK ETHIC GOALS OF THE PLAN 1. INCREASING NATIONAL INCOME; 2. PROVIDING SUFFICIENT RESOURCES FOR CONTINUED INDUSTRIAL GROWTH; 3. PROMOTING THE BALANCED REGIONAL DEVELOPMENT; 4. UPGRADING THE QUALITY OF LIFE. TARGETS OF THE PLAN Target ITEM Unit 1989 1990 1991 1996 ECONOMIC GROWTH RATE % 7.3 5.2 7.0 7.0 GROSS NATIONAL PRODUCT(GNP) US$ billion 150.3 161.5 178.6 298.5 PER CAPITA GNP US$ 7,512 7,990 8,747 13,975 CONSUMER PRICE CHANGE % 4.4 4.4 5.0 3.5 UNEMPLOYMENT RATE % 1.6 1.7 2.1 2.3 EXPORTS OF GOODS & SERVICES MERCHANDISE EXPORTS US$ billion 66.2 66.6 70.3 99.4 (AT FOB PRICES) IMPORTS OF GOODS & SERVICES MERCHANDISE IMPORTS US$ billion 52.3 53.8 59.1 95.5 (AT CIF PRICES) BALANCE ON MERCHANDISE TRADE US$ billion 14.0 12.9 11.2 3.9 APPROXIMATE TOTAL INVESTMENT US$ 300 BILLION MAJOR INVESTMENTS IN SIX-YEAR NATIONAL DEVELOPMENT PLAN TRANSPORTATION & TELECOMMUNICATIONS US$102.8 BILLION HOUSING US$ 44.5 BILLION ENERGY EXPLORATION US$ 37.5 BILLION SOCIAL SECURITY US$ 31.4 BILLION /INDUSTRIAL DEVELOPMENT US$ 12.3 BILLION ENVIRONMENTAL PROTECTION US$ 10.7 BILLION MEDICAL CARE US$ 3.9 BILLION BASIC POLICIES TO SUPPORT THE PLAN FISCAL POLICY 1.
    [Show full text]
  • Taiwan in Brief
    MATSU TAIPEI ISLANDS KEELUNG ISLAND Taroko Music Festival Taiwan Hot Spring October KINMEN Season ISLANDS October-November This festival’s organisers wanted Taiwan TAOYUAN CITY GUISHAN to combine the visual splendor of The gradual arrival of winter formally ISLAND Taroko Gorge, arguably Taiwan’s announces that Taiwan’s peak hot most attractive scenic and natural spring season has begun. Hot spring YILAN CITY wonder, with the beauty of music. areas throughout the country hold in brief Over the years, different locations a series of events introducing their attractions Taiwan have been chosen for the music scenic beauty. During this period, TAICHUNG CITY Tourist Shuttle take performances, including the grassy hot spring areas throughout the Area Taroko passengers to the main area beside the Taroko National Park country hold a series of hot spring/ 36,000 sq km National Park tourist attractions in Taiwan. Visitor Center, the bed of the Liwu fine-cuisine events and pull together taiwantourbus.com.tw HUALIEN River near the Eternal Spring Shrine, hundreds of county Population taiwantrip.com.tw While outdoor events in Taiwan are not as large in scale or the grassy terraces at Buluowan, and municipal 23 million as well known internationally as the biggest happenings Taiwan East Coast and even a beach near the coastal companies, Taxis abroad – there are in fact plenty to chose from. Land Arts Festival Qingshui Cliff. introducing Languages Taxis here are well-marked the scenic Mandarin, Taiwanese, Hakka yellow vehicles easily recognised Taroko National Park, Hualien County beauty of the & Indigenous languages by visitors. The two largest ones There is something special about Trees covering the mountains and facebook.com/tarokomusic springs, the PENGHU Yushan ISLANDS National Park are Taiwan Taxi, often referred to being out in nature, whether it be for fields used to be an important cash local cultural Time zone as 55688, which is also their soaking in the scenery, watching birds crop for the Hakka tribe.
    [Show full text]
  • Building on Service from the Heart
    Building on Service from the Heart Enhanced Scale, Service Quality and Innovation Executive Management’s Report More retail zone, shop renovation and new trade mix helped to increase customer satisfaction and revenue. Station Commercial and Rail Related Businesses Our station commercial and rail related businesses continued to benefit from rising patronage in 2008 and a robust economy, particularly in the first half of the year. The Rail Merger brought about increased scale and strengthened revenue growth as well as new business opportunities in the form of freight transportation and Duty Free shops. 42 MTR Corporation Annual Report 2008 Revenue Performance Over 47,000 Revenue for our station commercial and rail related businesses Advertising Points increased by 98.1% in 2008 to HK$3,449 million. The increase in Stations and Trains would have been 33.4% over the comparable combined revenue of MTR Corporation and pre-merger KCRC for such businesses in 2007 (Combined Non-fare Revenue). Station Retail HK$9.04 million Station retail revenue, comprising duty free shops and kiosk Advertising Revenue rental, increased by 209.8% in 2008 to HK$1,546 million, a 42.3% Per Station increase over the equivalent Combined Non-fare Revenue. This increase was mainly due to the inclusion of retail shops along the KCR Lines, particularly the 10 duty free shops serving Cross-boundary customers. Further growth was provided 1,186 Kiosks by increased new retail area and new rental contracts being in Stations awarded at higher rents. To enhance customer satisfaction and increase revenue, 45 shops were renovated at 9 stations and 18 new trades were added.
    [Show full text]
  • The Handy Guide for Foreigners in Taiwan
    The Handy Guide for Foreigners in Taiwan Research, Development and Evaluation Commission, Executive Yuan November 2010 A Note from the Editor Following centuries of ethnic cultural assimilation and development, today Taiwan has a population of about 23 million and an unique culture that is both rich and diverse. This is the only green island lying on the Tropic of Cancer, with a plethora of natural landscapes that includes mountains, hot springs, lakes, seas, as well as a richness of biological diversity that encompasses VSHFLHVRIEXWWHUÀLHVELUGVDQGRWKHUSODQWDQGDQLPDOOLIH$TXDUWHU of these are endemic species, such as the Formosan Landlocked Salmon (櫻 花鉤吻鮭), Formosan Black Bear (台灣黑熊), Swinhoe’s Pheasant (藍腹鷴), and Black-faced Spoonbill (黑面琵鷺), making Taiwan an important base for nature conservation. In addition to its cultural and ecological riches, Taiwan also enjoys comprehensive educational, medical, and transportation systems, along with a complete national infrastructure, advanced information technology and communication networks, and an electronics industry and related subcontracting industries that are among the cutting edge in the world. Taiwan is in the process of carrying out its first major county and city reorganization since 1949. This process encompasses changes in DGPLQLVWUDWLYHDUHDV$OORIWKHVHFKDQJHVZKLFKZLOOFUHDWHFLWLHVXQGHUWKH direct administration of the central government, will take effect on Dec. 25, 7RDYRLGFDXVLQJGLI¿FXOW\IRULWVUHDGHUVWKLV+DQGERRNFRQWDLQVERWK the pre- and post-reorganization maps. City and County Reorganization Old Name New Name (from Dec. 25, 2010) Taipei County Xinbei City Taichung County, Taichung City Taichung City Tainan County, Tainan City Tainan City Kaohsiung County, Kaohsiung City Kaohsiung City Essential Facts About Taiwan $UHD 36,000 square kilometers 3RSXODWLRQ $SSUR[LPDWHO\PLOOLRQ &DSLWDO Taipei City &XUUHQF\ New Taiwan Dollar (Yuan) /NT$ 1DWLRQDO'D\ Oct.
    [Show full text]
  • AP Rail 11.Indd
    Book early and The 13th annual save Up to USD470 Until 28 January 2011 Prices, packages and 8 – 10 March 2011, Kowloon Shangri-La, Hong Kong booking form on back page Hear from The fast track T.C. Chew Projects Director MTR Corporation, Hong Kong Investment and development opportunities for operators, developers, government and investors Jacob Kam Exploring partnership and collaboration opportunities in Asia’s fast- Deputy Operations Director growing rail industry? MTR Corporation, Establish relationships and do business with the region’s most renowned railway Hong Kong authorities and operators Keen to learn best practices that deliver measurable ROI? Apply proven strategies in improving your operations to maximise productivity, safety and farebox revenues Looking to refocus your rail business strategies? Gain in-depth insights in smart rail technologies to implement immediately to your Sim Wee Meng Group Director, Rail business! (Circle and Downtown Lines) Land Transport Authority, Pre-conference workshop 8 March 2011 Singapore Speaker line up – more details Page 3 Next generation wired and wireless telecommunications technology – make every Full conference programme Page 7 journey on-time, safe and connected Networking activities Page 13 MTR Site Visit 8 March 2011 All booking offers and options Back page >> All the details page 4 Mainline day 10 March 2011 Book before 28 January 2011 >> All the details page 12 and save up to USD470 Yen Bang Chien President Kaohsiung Rapid Transit www.terrapinn.com/asiarail Corporation, Taiwan Platinum
    [Show full text]