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THSR Pass
, owner = Taiwan High Speed Rail Corporation , area served = Taiwan (main island only) , transit_type = High-speed railway , lines = 1 , line_number = , start = , end = , stations = 12 , daily_ridership = , annual_ridership = 81,882,961 (2023)  61.8% , chief_executive = , headquarters = , website thsrc.com.tw, began_operation = , operation_will_start = , ended_operation = , operator = Taiwan High Speed Rail Corporation , marks = , host = , character = Elevated, Underground, At-grade , vehicles = , train_length = , headway = , system_length = , notrack = 2 , track_gauge = , minimum_radius_of_curvature = , el = 25 kV 60 Hz AC from overhead catenary , top_speed = 300kph (186mph) , map = , map_name = Route map , map_state = Taiwan High Speed Rail (THSR) is a high-speed railway network in Taiwan, which consists of a single line that runs approximately along the western coast of the island, from the capital Taipei in the nor ...
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Rail Transport In Taiwan
Rail transport in Taiwan consists of (as of 2015) of railway networks. Though no longer as dominant as it once was, rail transport is an extremely important form of transportation in Taiwan due to high population density, especially along the densely populated western corridor. In 2016, over 1.09 billion passengers traveled by rail in Taiwan, averaging 2.99 million passengers per day. The railways of Taiwan include conventional rail, rapid transit systems, and high-speed rail, as well as specialized railways for tourists and industry. Taiwan Railways Administration is an associate member and Taiwan High Speed Rail is an active member of the International Union of Railways (UIC), even though Taiwan does not have state membership. Rail transport was introduced to Taiwan in 1891 during its late Taiwan under Qing rule, Qing era. Taiwanese push car railways, Push car railways were brought to Taiwan during Taiwan under Japanese rule, Japanese rule and were in general servi ...
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Penghu
The Penghu ( , Hokkien Pe̍h-ōe-jī, POJ: ''Phîⁿ-ô͘''  or ''Phêⁿ-ô͘'' ) or Pescadores Islands are an archipelago of 90 islands and islets in the Taiwan Strait, about west of the main island of Taiwan across the Penghu Channel, covering an area of . The archipelago collectively forms of Taiwan and is the smallest County (Taiwan), county of Taiwan. The largest city is Magong, on the largest island, which is also named Magong. The Penghu islands first appear in the historical record in the Tang dynasty and were inhabited by Chinese people under the Southern Song dynasty, during which they were attached to Jinjiang, Fujian, Jinjiang County of Fujian Circuit, Fujian. The archipelago was formally incorporated as an administrative unit of China in 1281 under Tong'an County of Jiangzhe Province in the Yuan dynasty. It continued to be controlled by Imperial China with brief European occupations by the Dutch Empire (1622–1624) and Second French colonial empire ( ...
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Eurotrain
Eurotrain was a joint venture formed by Siemens and GEC-Alstom to market high-speed rail technology in Asia. In 1997 it was one of two competitors to supply the core system of Taiwan High Speed Rail (THSR), and it was awarded the status of preferred bidder by concessionaire THSRC. Eurotrain assembled a demonstration train, but later THSRC decided to award the contract to a rival consortium, leading to a legal battle ending in damage payments for Eurotrain in 2004. Origins Eurotrain was a joint venture of Siemens (the main maker of the German ICE) and GEC-Alsthom (the main maker of the French TGV), formed in March 1996 with the aim to pool their high-speed rail technologies and market it jointly in Asia. The companies wanted to avoid a repeat of a competitive battle they had for Korea's KTX, which resulted in a loss for Siemens and limited benefits for victorious GEC-Alsthom. GEC-Alsthom held 60% and Siemens held 40% in the joint venture. The first and only high-speed project Eur ...
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Legislative Yuan
The Legislative Yuan () is the unicameral legislature of the Republic of China (Taiwan) located in Taipei. The Legislative Yuan is composed of 113 members, who are directly elected for four-year terms by people of the Taiwan Area through a parallel voting system. Originally located in Nanjing, the Legislative Yuan, along with the National Assembly (electoral college) and the Control Yuan (upper house), formed the tricameral parliament under the original 1947 Constitution. The Legislative Yuan previously had 760 members representing constituencies in all of China (includes provinces, municipalities, Tibet Area, and various professions in Mainland China). Until democratization, the Republic of China was an authoritarian state under the '' Dang Guo'' system. At the time, the Legislative Yuan functioned as a rubber stamp for the ruling regime of the Kuomintang. Like parliaments or congresses of other countries, the Legislative Yuan is responsible for the passage of leg ...
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Legislature
A legislature (, ) is a deliberative assembly with the legal authority to make laws for a political entity such as a country, nation or city on behalf of the people therein. They are often contrasted with the executive and judicial powers of government. Legislatures can exist at different levels of government–national, state/provincial/regional, local, even supranational (such as the European Parliament). Countries differ as to what extent they grant deliberative assemblies at the subnational law-making power, as opposed to purely administrative responsibilities. Laws enacted by legislatures are usually known as primary legislation. In addition, legislatures may observe and steer governing actions, with authority to amend the budget involved. The members of a legislature are called legislators. In a democracy, legislators are most commonly popularly elected, although indirect election and appointment by the executive are also used, particularly for bicameral legis ...
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Ministry Of Transportation And Communications (Republic Of China)
The Ministry of Transportation and Communications (MOTC; ) is a cabinet-level governmental body of the Republic of China (R.O.C.) in charge of all policy and regulation of transportation and communications networks and administration of all transportation and communications operations and enterprises in Taiwan. History The Ministry of Transportation and Communications in its current form can be traced back to the post-WWII merger of two earlier ministries, namely the earlier iteration of the Ministry of Communications of the ROC (founded in 1912 by the Beiyang government to succeed the former Ministry of Posts and Communications of the later Qing dynasty, Qing Dynasty), and the Communications Department of the Transportation Bureau of the Governor-General of Taiwan. Until 2006, the MOTC was also responsible for regulating Taiwan's broadcasting and telecommunications sector, as well as said country's frequency allocations and spectrum management, when that function was split of ...
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Executive Yuan
The Executive Yuan () is the executive (government), executive branch of the government of the Republic of China (Taiwan). Under the Additional Articles of the Constitution of the Republic of China, amended constitution, the head of the Executive Yuan is the Premier of the Republic of China, Premier who is positioned as the head of government and has the power to appoint members to serve in the cabinet, while the president of the Republic of China, ROC President is the head of state under the semi-presidential system, who can appoint the Premier and nominate the members of the cabinet. The Premier may be removed by a vote of no-confidence by a majority of the Legislative Yuan, after which the President may either remove the Premier or dissolve the Legislative Yuan and initiate a new election for legislators. Organization and structure The Executive Yuan is headed by the Premier of the Republic of China, Premier (or President of the Executive Yuan) and includes its Vice Premi ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Nippon Export And Investment Insurance
The , NEXI, is a Japanese insurance corporation owned by the Japanese government. The current organization was formed as an Independent Administrative Institution on April 1, 2001 under the jurisdiction of the Ministry of Economy, Trade and Industry based on the General Rules for Incorporated Administrative Agency and Trade and Investment Insurance Act. It provides trade and investment insurance services to facilitate and enhance Japanese companies' international business. See also * Ministry of Economy, Trade and Industry * Japan Bank for International Cooperation * Japan External Trade Organization is an Independent Administrative Institution established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka in February 1952, reorganized under the Ministry of International Trade and Industry (MITI) in 1958 (later t ... References External links NEXI {{Independent Administrative Institutions of Japan Financial services companies established in 20 ...
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Refinancing
Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, common forms of refinancing include primary residence mortgages and car loans. If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring. A loan (debt) might be refinanced for various reasons: #To take advantage of a better interest rate (a reduced monthly payment or a reduced term) #To consolidate other debt into one loan (a potentially longer/shorter term contingent on interest rate differential and fees) #To reduce the monthly repayment amount (often for a longer ...
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