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Taiwan Power and Water Corp. to keep prices steady
Taiwan’s Ministry of Economic Affairs confirms no price hikes for water, power, or gas through February. CPC and Taiwan Sugar maintain stable prices to ease holiday costs.
2025/01/14 10:45
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Economic minister calls for adaptive reforms in Tainan
Economic Minister J.W. Kuo emphasizes adapting reforms to address Taiwan’s challenges, including a declining birth rate. Learn about new investments and strategies.
2025/01/02 17:09
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Economics minister urges Taipower to avoid price hikes
Minister J.W. Kuo addresses concerns over potential electricity rate hikes in Taiwan, urging Taipower to avoid price increases despite financial challenges and budget cuts.
2024/12/25 10:09
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Taiwan’s 2024 export orders may hit US$588.1 billion
Taiwan’s export orders hit US$52.27 billion in November, a 3.3% rise but below expectations. MOEA forecasts strong growth in December amid tech demand and geopolitical challenges.
2024/12/20 16:39
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Taiwan identifies three new fault zones for public safety
The Ministry of Economic Affairs in Taiwan announced three fault zones in central, southern, and eastern regions. Learn about the Kouhsiao, Lichi, and Chushang faults and their impact on land use safety.
2024/12/18 14:55
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Taiwan extends tax cuts on raw materials to March 2025
The Executive Yuan extends tax cuts on key raw materials in Taiwan until March to ease business burdens and stabilize prices amid weather and demand shifts.
2024/12/17 11:49
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Taiwan’s MOEA clarifies new communication directive
The Ministry of Economic Affairs clarifies its communication policy, emphasizing consistent messaging and transparency. Minister J.W. Kuo supports a unified team culture.
2024/12/16 10:53
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Taiwan’s wind power sector hits NT$96.87 billion milestone
The Ministry of Economic Affairs reports Taiwan’s offshore wind power sector has reached NT$96.87 billion in production value. Officials are aiding firms to enhance competitiveness amid concerns over localization policy effectiveness.
2024/12/09 15:01
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MOFA clarifies Taiwan’s CPTPP application status
Taiwan’s Foreign Ministry clarifies its CPTPP membership application is still active despite no working group formation. Efforts continue to strengthen trade ties.
2024/12/03 15:52
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Economic ministry clarifies data submission policy
The Ministry of Economic Affairs clarified that Minister J.W. Kuo directed department heads, not employees, to meet data deadlines without affecting evaluation grades, countering media claims.
2024/11/22 13:12
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SpaceX confirms no plans to leave Taiwan, ministry says
SpaceX will not relocate from Taiwan, the Ministry of Economic Affairs confirmed, dispelling rumors. Taiwan remains vital in the global supply chain, especially in semiconductors.
2024/11/11 10:00
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Foreign minister to discuss U.S. election impact
Taiwan’s Ministry of Foreign Affairs reports progress in Taiwan-U.S. relations during Trump’s first term, highlighting institutionalized cooperation and military aid.
2024/11/07 09:52
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Green energy to power TSMC by 2030, minister announces
Taiwan’s Economic Minister J. W. Kuo pledges to cut energy prices by 2030, focusing on green energy for major users like TSMC. Learn about Taiwan’s energy plans.
2024/11/06 14:21
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Premier Cho vows to stabilize household electricity prices
Premier Cho Jung-tai pledges to stabilize electricity prices in Taiwan amid rising costs. Legislator Huang Shan-shan questions a NT$200 billion subsidy for Taiwan Power.
2024/10/29 15:15
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Taichung councilors oppose 15% industrial electricity hike
Taichung City councilors criticize a 15% industrial electricity rate hike, warning it burdens small businesses and citizens. The Ministry of Economic Affairs’ decision sparks local concern.
2024/10/28 13:59
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Taiwan considers shift in nuclear energy policy
Taiwan’s Ministry of Economic Affairs reaffirms its nuclear power stance, focusing on safety and waste management. Premier Cho hints at openness to new nuclear tech.
2024/10/21 14:31
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Taiwan Railway to adopt energy-saving measures
Transportation Minister Chen Shih-kai announced plans to work with the Ministry of Economic Affairs to help Taiwan Railway implement energy-saving measures. This aims to offset increased costs from new electricity rates effective Oct. 16. A fare adjustment proposal is expected on Oct. 22.
2024/10/07 20:00
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Gogoro thanks IDA for clearing compliance concerns
Gogoro thanks Taiwan’s IDA for confirming compliance with production rules. The company apologizes for oversight, offers free inspections, and extends warranties to affected owners.
2024/10/01 17:31
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Taiwan to ensure electricity for AI growth by 2030
Premier Cho Jung-tai assures Taiwan will have sufficient electricity for AI development by 2030, with a NT$36 billion investment from 2025 to 2029. Shalun in Tainan will lead as the AI hub.
2024/10/01 14:14
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Taiwan convenience stores hit record NT$412B revenue in 2023
Taiwan’s convenience stores, known for their 24-hour operations and diverse services, continue to thrive. With 13,706 stores by Dec. 2023, they rank second in density globally.
2024/09/24 15:47
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Taiwan approves TSMC’s US$7.5 billion investments
Taiwan’s Ministry of Economic Affairs approved TSMC’s $7.5 billion investment in its Arizona plant, boosting semiconductor production. Other major investments include Wiwynn, Orsted, Hon Hai, and Primax.
2024/09/24 10:00
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MOEA delegation to seek resolution with EU on wind power
Discover how Taiwan’s Ministry of Economic Affairs plans to address EU concerns over its wind power policy, aiming for WTO compliance and green energy development.
2024/08/26 11:20
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Premier urges support for Taiwan’s power development
Discover how Taiwan’s Premier Cho Jung-tai advocates for public support in power development to enter the high-tech era and enhance life quality, amid investment interests from AMD and NVIDIA.
2024/06/28 10:27
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Taipei envoy denies misuse of public funds
Discover the truth behind allegations of public funds misuse by Alexander Tah-ray Yui, as he defends himself and the Ministry of Foreign Affairs clarifies purchases.
2024/06/26 08:58
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China to suspend tariff benefits for 134 Taiwanese products
Discover the latest on China’s suspension of preferential tariff rates for 134 Taiwanese products starting June 15, escalating cross-strait tensions. Learn about the economic and political implications of this significant shift.
2024/05/31 13:03