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Taiwan hunkers down ahead of arrival of Typhoon Gaemi



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By Yimou Lee

YILAN, Taiwan, July 24 (Reuters) -Taiwan hunkered down on Wednesday ahead of the arrival of Typhoon Gaemi, with financial markets closed, people given the day off work, flights cancelled and the military put on stand-by with torrential rain and strong winds forecast.

Gaemi, the first typhoon of the season to affect Taiwan, is expected to make landfall on the northeast coast early evening on Wednesday, according to the island's Central Weather Administration.

Currently categorised as a medium-strength typhoon by Taiwan, it is then likely to move across the Taiwan Strait and then hit the southeastern Chinese province of Fujian late afternoon Friday.

In rural Yilan county, where the typhoon will first hit land, heavy rain battered the countryside.

Work and school are suspended across the whole of Taiwan, with the streets of capital Taipei almost deserted during what is normally rush hour amid squally rain.

The transport ministry said almost all domestic flights had been cancelled, along with 27 international flights.

However, TSMC 2330.TW, the world's largest contract chipmaker and major Apple AAPL.O supplier, said it expected all its factories would maintain normal production during the typhoon, adding it had activated routine preparation procedures.

Some mountainous central and southern Taiwan counties are expected to see total rainfall of up to 1,800 mm (70 inches) during the typhoon, the weather administration said.

Taiwan's defence ministry said it was ready to assist with disaster relief and had put its forces on stand-by.

While the typhoon has severely curtailed this year's annual Han Kuang war games they have not been totally cancelled, with live fire drills taking place as scheduled on the Penghu islands in the Taiwan Strait on Wednesday morning.

Gaemi and a southwest monsoon brought heavy rain on Wednesday to the Philippine capital region and northern provinces, prompting authorities to halt work and classes, while stock and foreign exchange trading were suspended.

While typhoons can be highly destructive, Taiwan also relies on them to replenish reservoirs after the traditionally drier winter months, especially for the southern part of the island.



Reporting by Yimou Lee; Writing by Ben Blanchard; Editing by Stephen Coates

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