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Taipower struggles with losses amid calls for reform
National Audit Office Auditor-General Chen Jui-min calls on Taiwan Power Co. (Taipower) to enhance management and boost revenue amid consecutive losses. Chen emphasizes the need for electricity price adjustments and debt interest reduction. Kuomintang Legislator Lin Ssu-ming questions Taipower’s deficits and government subsidies, urging a review of energy policy. Chen confirms NT$100 billion subsidy and stresses the importance of green energy for profit sustainability.2024/04/02 18:13 -
Taiwan rejects cash handouts despite tax surplus
The Minister of the Directorate-General of Budget, Accounting and Statistics in Taiwan clarifies that there will be no general cash distribution from tax surplus this year, despite speculation. The surplus, amounting to NT$386 billion, will not lead to a repeat of last year’s NT$6,000 distribution due to financial considerations and the need for special legislation.2024/03/13 18:35