Update via Thomas' comment: The SCMP published a clarification today. They say they have no intention of opening an online paper in Taiwan and that the Economic Daily News story was false.Seemingly big news, but it's kind of funny a DPA article was the best source for this:
It is no great surprise that the articles notes the KMT itself is pledging part of the funding to help set up the paper here.
Important note though:
Since Taiwan already has three English daily newspapers and its market for English papers is saturated, the newspaper decided to focus on online operations with most content in Chinese, but some information in English.So don't expect to read your SCPM at a Mr. Brown cafe any time soon.
The 106-year-old daily is the leading English newspaper in Hong Kong with some 100,000 subscribers and is known as one of the top English-language dailies in Asia.