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Vol.38- No.5
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Sponsor: United Airlines




Seeing Tawian: The Lantern Festival - Taiwan's Most Joyous Celebration PDF Print E-mail
The annual Lantern Festival, which just took place in late February, is one of the most charming, beautiful, and interesting of all the celebrations in Taiwan.

The sheer variety of Lantern Festival-related events is remarkable. In Taipei, the annual gathering at the Taiwan Democracy Memorial Hall (formerly the Chiang Kai-shek Memorial) is a cheerful and colorful affair, with round glowing lanterns of yellow and red that resemble the full moon. Similarly, in Kaohsiung and Tainan, traditional lantern celebrations feature unique giant lanterns on particular themes, small hand-held lanterns, and special snacks. A one-of-a-kind event is held in Pingsi, a small mountain village about an hour's drive from Taipei, where residents release powered lanterns that float gently into the sky. In Yanshuei and Taitung, the celebrations are high-voltage affairs featuring firecrackers and bottle rockets.

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Cover Story: Are You Paying Enough for Power and Water? PDF Print E-mail
For the sake of facilitating rapid economic development, the Taiwan government has long had a policy of providing water and power at low prices through state-owned companies. But now, with international fuel costs rising, the Taiwan Power Co. is running more and more heavily in the red, and both Taipower and the water companies face a challenge in coming up with the funds needed for future development. At the same time, the money being spent on subsidizing what the end user pays for utilities is exacerbating the already large deficit in the national budget, and environmentalists complain that the low prices encourage enormous waste of precious resources. But politicians have been reluctant to raise the tariffs, as the public has come to expect low prices - and keeping them low is seen as winning votes.

* The Impact of Underpriced Power
* Cheap Water is a Scourge
By Jane Rickards
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Protecting Your Information Assets PDF Print E-mail
Following a risk management strategy can help companies safeguard their data from attack by criminal hackers, disgruntled employees, and other potential threats.

BY JOHN LINEHAN

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New Lonely Planet Taiwan: An Improvement but Still Disappointing PDF Print E-mail
The latest edition of the travel guide gives short shrift to some of the island's top attractions, and ultimately fails to help the tourist get the most out of the Taiwan experience.

BY BRENT HANNON
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Issues PDF Print E-mail
* Looking for Solutions - By Zoe Hou
* Electronic Toll Collection: An Update - By Philip Liu
* USA: Open For Business
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