Taiwan economic affairs 結果共76筆

Discover the latest updates on Taiwan’s new cabinet under President-elect Tsai Ing-wen and designated Premier Cho Jung-tai, including the retention of key deputy ministers across various ministries such as Finance, Economic Affairs, Culture, Environmental Protection, Labor, and the Digital Ministry, aiming to strengthen national policies and digital resilience.

Taiwan’s economic minister emphasized the necessity of a power price hike to address rising international fuel costs, but the Legislative Yuan voted to halt the hike due to public opposition. The decision raises concerns about Taipower’s financial stability and power supply.

Taiwan is actively pursuing membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to enhance supply chain resilience and global economic security, with efforts including hosting seminars in Canada and gaining support from Canadian officials amidst potential opposition from Beijing.

Taiwan’s Mainland Affairs Council warns that China’s reduced tariff concessions under the ECFA could harm cross-strait companies, criticizing China’s trade sanction threats and efforts to attract Taiwanese youth with housing and entrepreneur parks.

President-elect Lai Ching-te appoints Chiu Chui-cheng and Cheng Wen-tsan to key cross-strait relations positions, signaling a cautious yet hopeful approach towards maintaining stability with China while supporting Taiwanese businesses and citizens. The strategic move aims to extend goodwill and manage economic interdependence, with the true impact dependent on Lai’s inaugural speech on May 20.

Explore the story of Wang Yao-ting, President of Taiwan Power Co (Taipower), who retracted his resignation to continue leading the company amidst recent power outages and supply challenges in Taoyuan. Discover his commitment to Taipower, supported by the Minister of Economic Affairs and Taipower’s acting chairman, and learn about the company’s efforts to manage power supply through demand response mechanisms and the call for societal support in power plant construction for a stable power system.

Outgoing Economic Affairs Minister Wang Mei-hua praises successor J.W. Kuo for his international perspective as he prepares to take over the ministerial role, emphasizing his commitment to public service. The transition comes as President-elect Lai Ching-te prepares to take office, drawing public attention to the new cabinet selection.

J.W. Kuo, incoming Minister of Economic Affairs and chairman at Topco Scientific Co Ltd., focuses on assessing Taiwan’s power needs through industry visits, aiming for a comprehensive report on electricity demands and the potential extension of nuclear plants, prioritizing safety and public consensus.

Premier-designate Cho Jung-tai addresses criticism of his new cabinet, emphasizing a collective commitment to Taiwan and announcing six new appointments focused on economic development and fair distribution.

Taiwan’s Ministry of Economic Affairs announces recruitment for 665 positions across Taiwan Power Company, CPC Corporation, Taiwan Sugar Corporation, and Taiwan Water Corporation, with starting salaries of NT$41,000 to NT$42,000. Examination details for roles in 23 categories, including electrical engineering and business management, to be released online, offering a path to salary growth for top performers.

President-elect Lai Ching-te plans to boost Taiwan’s industrial development by engaging with key industries like machine tools and machinery. He aims to collaborate with the Ministry of Economic Affairs to promote economic growth post-inauguration. Lai has already visited various industries and emphasized the importance of the machinery sector in Taiwan’s economy.

The latest poll by My-formosa.com reveals high dissatisfaction rates towards Minister of Economic Affairs Wang Mei-hua, Minister of Digital Affairs Audrey Tang, and NCC Chairman Chen Yaw-shyang. Criticism is directed at the Tsai administration’s handling of inflation, fraud prevention, and green energy policies. Conducted through telephone interviews across Taiwan, the survey highlights public discontent with specific government departments and policies.

DPP Legislator Rosalia Wu questions Legislative Yuan’s responsibility in case of Taipower collapse, prioritizing people’s livelihoods. KMT and TPP propose freezing electricity price hikes amidst Ministry of Economic Affairs’ decision to increase prices by 11% on April 1. DPP counters with cross-party negotiation pullback to address unreasonable proposals.

The inaugural Taiwan-France High-Level Economic and Trade Dialogue, led by Taiwan’s Minister of Economic Affairs, Wang Mei-hua, discussed cooperation in semiconductors, AI, and electric vehicles. French officials agreed to integrate industrial and economic cooperation meetings, with a focus on supply chain opportunities in renewable energy and the space industry. Bilateral trade between Taiwan and France reached a record high of $60.9 billion last year, with significant investments from both sides.

Taiwan’s Minister of Economic Affairs, Wang Mei-hua, emphasizes the need to boost the nation’s natural gas storage capacity amid escalating cross-strait tensions. The call for expansion includes plans for a fourth liquefied natural gas (LNG) terminal and extensions in Taichung and Kaohsiung. Wang’s announcement follows an incident at the Legislative Yuan involving questions about Taiwan’s gas reserves, sparking discussions about national security and military readiness.

U.S. Assistant Secretary for East Asian and Pacific Affairs Daniel J. Kritenbrink highlights cooperation between the U.S. and Taiwan, alongside allies Tuvalu, Palau, and the Marshall Islands, to counter China’s expansion. The Senate Foreign Relations Committee discusses U.S. strategies for the Pacific islands, focusing on American and Chinese influence in the region, with references to Taiwan’s diplomatic status and China’s economic incentives to influence Nauru. The U.S. warns Nauru and Taiwan’s allies against China’s unfulfilled promises, with efforts like the Taiwan International Solidarity Act to counter China’s manipulation of Taiwan’s international role.

Taiwan’s Minister of Economic Affairs, Wang Mei-hua, addresses concerns over potential water and electricity price hikes. Wang assures no immediate plans for water price increases and remains cautious on addressing the issue. Legislators advocate against compounding effects of electricity rate hikes and warn of potential inflation spikes. Discussions continue on balancing household electricity costs and industry consumption subsidies.

Taiwan’s Minister of Economic Affairs Wang Mei-hua discusses ongoing discussions of the Electricity Pricing Working Group and potential budgetary subsidies amid pressure for an electricity price increase in April. The government seeks to balance the needs of citizens and enterprises as it navigates potential adjustments to electricity prices. Stay tuned for further updates on the final subsidy and price adjustment plan.

Minister of Economic Affairs Wang Mei-hua discusses electricity rate adjustments in Taiwan, emphasizing the impact on household usage below 330 kilowatt hours. Kuomintang Legislator Yang Chiung-ying opposes price hikes, proposing solutions to address citizen hardships amid inflation. Wang highlights considerations for nuclear power and renewable energy costs, amidst concerns over safety regulations and nuclear waste. Yang challenges Taipower’s deficits and criticizes passing on costs to residents through price increases.

Stay updated on Taiwan’s economic landscape with the latest news from Minister of Economic Affairs Wang Mei-hua. Discover insights on electricity price fluctuations and their impact on domestic issues, as well as the government’s strategies to address losses incurred by Taiwan Power Company. Explore the projections for economic growth and inflation rates amidst industry recovery and upcoming events.

The results of the Legislative Yuan’s standing committee convener election were announced, with both the Kuomintang (KMT) and the Democratic Progressive Party (DPP) securing one seat each in the eight committees. Huang Kuo-chang of the Taiwan People’s Party (TPP) expressed support for KMT’s convener candidates, while KMT’s Fu Kun-chi revealed TPP did not nominate any candidates. The committees cover Home Affairs, Foreign Affairs, Economic Affairs, Finance, Education, Transportation, Judiciary, and Sanitation.

Taiwan Power Co. (Taipower) faces a potential financial crisis by year-end without government aid or electricity price hikes, warned Minister of Economic Affairs Wang Mei-hua. An upcoming electricity price review may see rates for ultra-high-voltage users surge by over 10%. Wang emphasizes the need for discussion in the committee meeting and assures efforts to minimize impacts on the public. Taipower’s efficient management has helped curb price spikes and inflation, with plans in place for financial support and program development. Current electricity costs for major consumers stand at around NT$1.63, while Taipower’s generation cost, pre-tax, is NT$3.93, expected to surpass NT$4 post-tax.

Taiwan’s Ministry of Foreign Affairs (MOFA) will closely monitor developments in Tuvalu post-election, as most elected officials have established frequent interactions and friendly stances with Taiwan, ensuring solid diplomatic ties. MOFA condemns China’s attempt to influence the election by buying off local media in Tuvalu. The loss of Tuvalu’s pro-Taiwan Prime Minister has sparked speculation about a potential shift in foreign policy and diplomatic alliance with Beijing. However, MOFA notes that the majority of elected Tuvalu officials maintain good relations with Taiwan and support upholding the amicable relations between the two countries. MOFA urges the international community to pay attention and counter autocratic dictatorial countries that manipulate elections in democratic states. This development reflects the ongoing competition between China and Taiwan for diplomatic allegiances in the Pacific region, with countries sometimes switching allegiances for economic or political support.

Taiwan’s Director-General in Boston, Charles Liao, responds to China’s interference in Taiwan’s elections with military threats and economic bullying. Liao highlights Taiwan’s commitment to democracy and refusal to bow to Chinese pressure. The U.S. State Department, Japan’s Ministry of Foreign Affairs, and the European Union’s European External Action Service congratulate elected officials Lai Ching-te and Hsiao Bi-khim. Despite China’s attempts at interference through disinformation, military intimidation, and economic threats, Taiwanese voters remain resilient in their pursuit of democracy and freedom. Liao’s response is prompted by a Boston Globe article suggesting that the U.S. should prioritize Taiwan as a democratic partner.

Taipei’s Executive Yuan Spokesperson, Lin Tze-luen, announced a budget surplus for the 2023 fiscal year, attributing the achievement to the combined efforts of civil society and the government. The surplus will be allocated responsibly to maintain fiscal discipline, primarily focusing on debt reduction and infrastructure investment. Taiwan’s economy has experienced consistent growth, resulting in a budget surplus for seven consecutive years. In 2022, the surplus reached an impressive NT$500 billion, leading to a proposed special budget of NT$380 billion. This special budget aims to enhance economic and social resilience, with provisions such as a cash payment of NT$6,000 per citizen, support for labor and health insurance programs, and assistance for Taiwan Power Company. Additionally, the special budget includes programs to aid residential loan holders from the middle class and below. Lin emphasized the government’s commitment to considering public opinion and promoting national affairs to facilitate Taiwan’s sustainable development.