Asia Taiwan Electricity prices will increase by an average of 12,5% for larger businesses, while fees for other customers will remain frozen, Taiwan’s Ministry of Economic Affairs said, announcing the second price hike in 2024
Asia Taiwan The import ban imposed on certain foods from Fukushima area of Japan after major accident at the Fukushima Daichii nuclear power plant in 2011 has been lifted; it will be possible to import wild game, mushrooms and vegetable koshiabura again
Asia Taiwan Budget for National Military Museum has been increased adding NT$2,59 billion (US$80,62 million) to project 9 years in making; the defense ministry said the National Military Museum will be completed in August 2025
Asia Taiwan Bonuses for Taiwan’s Paralympic athletes have been increased: from NT$4 million (US$125.176) to NT$6 million for gold medal, the silver medal bonus will be upped to NT$2,1 million, and the bronze medal bonus to NT$1,5 million
Asia Taiwan Victor Gao, renown Chinese lawyer, businessman and academic - vice president of the Beijing-based Centre for China and Globalisation - affirmed that everyone in Taiwan must pledge there is 'one China and Taiwan is part of China' after 'reunification'
Asia Taiwan To strengthen defence, a new increase of NT$ 647 billion (US$19,80 billion) was approved on a total budget of NT$ 3,13 trillion for next year
Asia Taiwan Taiwan-based e-scooter brand and battery developer Gogoro Inc. plans to start commercial availability of three e-scooter models and battery replacement services in Singapore in the fourth quarter of this year
Asia Taiwan Nearly 400.000 Taiwanese are expected to travel to the US this year; as demand for air travel to the US booms, more flights are being added from Taiwan to Seattle, with the number of companies operating the route this year rising from one to four
Asia Taiwan Taiwanese manufacturing giant Hon Hai reported its highest ever revenue for the second quarter, up over 19% year-on-year, attributing the growth to increased shipments of artificial intelligence-related devices
Asia Taiwan The migrant farm labourer programme could be extended and the number of workers increased from 12.000 to 20.000 in consequence of ongoing talks of Ministry of Agriculture with the Ministry of Labour
Asia Taiwan The municipality of Jiadong, Pingtung County, organised a public event to balance 800 watermelons during the Dragon Boat Festival; balancing objects is believed to bring participants peace and harmony in the New Year
Asia Taiwan Investments in the countries included in the government's 'New Southbound Policy' increased by over 90% year-on-year in the first quarter of this year, with Singapore, Vietnam and Thailand the recipients of the most investments among the 18 countries
Asia Taiwan Taiwan's consumer confidence index rebounded in May, up 8,83 from April, mainly due to a bullish stock market, according to the latest monthly Taiwanese Consumer Confidence Index report published by the National Central University