The investigative team that the government dispatched to Manila, in order to investigate the recent killing of a Taiwanese fisherman by Philippine coast guards, returned yesterday after the Southeast Asian country's officials refused to cooperate.

Taiwan's representative in the United States has maintained that he has clearly explained Taipei's position to Washington in the wake of the ongoing row with Manila over the deadly shooting of a Taiwanese fisherman by the Philippine coast guard.

Opposition lawmakers have yet to commit themselves to supporting proposed revisions to the stock gains tax regulation that are set to be reviewed tomorrow.

Several Taiwanese government agencies called on the public yesterday to treat Filipinos in the country well amid rising tensions between the two countries over the fatal shooting of a Taiwanese fisherman by a Philippine government vessel on May 9.

Coast guard personnel who sprayed bullets at a Taiwanese fishing boat last week may have violated rules for dealing with such a situation, Philippine newspapers have reported.

After taking office three months ago, Premier Jiang Yi-huah and his Cabinet members are gearing up to introduce aggressive economic and financial policies to revive the domestic economy, as gross domestic product (GDP) growth for the first quarter of the year lagged sharply behind expectations.

Residential and commercial property transactions rose substantially in Taiwan in the first quarter because of greater transparency in the market, the government said yesterday.

The Rotary Club of Taipei 2013 English Speech Contest ended on a high note yesterday, after 40-50 university students nationwide gave speeches in English on community service, global issues, and the millennial generation.

Bank of Taiwan said yesterday that it is planning to send a second batch of NT$25 million (U$833,333) in cash to China under the currency clearing mechanism set up across the Taiwan Strait.

Taiwan's economy may not be able to grow 3 percent in 2013 after the country reported much worse-than-expected gross domestic product (GDP) growth for the first quarter of the year, an economist said yesterday.