Taiwan tycoon sentenced to 8 years and 6 months for illegal loans

TAIPEI (Taiwan News) — Former SinoPac Financial Holdings Co. (永豐金控) Chairman Ho Shou-chuan (何壽川) was sentenced to eight years and six months in prison for illegal loans Friday (Nov. 20), but his...

Luxury toilet paper sales on a roll in Taiwan

TAIPEI (Taiwan News) -- Household sanitary paper manufactures have discovered that sales of higher-priced 3-ply toilet paper have shot up by as much as 20 percent this year, while sanitary paper with ...

Taiwanese tycoon needs 90 minutes to find NT$400 million for bail

TAIPEI (Taiwan News) – SinoPac Financial Holdings Co. (永豐金控) founder Ho Show-chung (何壽川) needed less than an hour and a half to find NT$400 million (US$13 million) to pay for bail, reports said ...

Editorial: Fighting money laundering is good diplomacy for Taiwan

The government announced that from June 28, laws against money laundering will expand to include measures covering relatives of politicians or even acquaintances and extramarital lovers. The new ru...

SinoPac Holdings Chairman and two others detained

TAIPEI (Taiwan News) – SinoPac Holdings Chairman Ho Show-chung (何壽川) was held in custody following prosecutors’ request to detain him over charges of illegal loans and violation of the Sec...

Taipei prosecutors want SinoPac chairman to be detained for illegal loans

TAIPEI (Taiwan News) – Taipei District Prosecutors Office requested Saturday that SinoPac Holdings (永豐金控) chairman Ho Show-chung (何壽川) and two others be detained on charges of illegal loans to a...

Taiwan investigators raid SinoPac and question chairman

TAIPEI (Taiwan News) – Prosecutors raided 13 homes and offices while summoning SinoPac Financial Holdings (永豐金控) Chairman Ho Show-chung (何壽川) for questioning about alleged illegal loans worth NT...

‘Flush used toilet paper’ policy to take effect in June

Have you encountered the repulsive scene of used toilet paper overflowing in a pubic toilet in Taiwan? The scene is expected to be no more after June as the country's Environmental Protection Admi...