TaiwanPlus News – 18:00, October 16, 2023

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By TaiwanPlus

Taiwanese chip giant TSMC faces challenges at home and overseas as it seeks to maintain its status as the global market leader through expansion. The owners of a factory in southern Taiwan where an explosion last month killed 10 people and injured 100 more have promised compensation for victims and improvements to safety standards. And Louise Watt reports from Tuvalu on the Pacific island nation's efforts to create a "backup" state in case its territory becomes submerged by rising sea levels brought about by climate change. Also: - Tourism in Taiwan is struggling to recover to pre-pandemic levels, with hotel occupancy at less than half and many Taiwanese preferring to travel abroad for their vacations. - Clear-up efforts are still ongoing on Taiwan's outlying Orchid Island more than a week after it was hit hard by Typhoon Koinu. - The annual Taipei 101 Run Up race took place over the weekend after a hiatus of three years. It was won by of Soh Wai Ching of Malaysia, who scaled the building's 91 floors in 11 minutes and 40 seconds.