economic stability 結果共29筆

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.

Explore the recent meeting between Taiwanese Vice President Lai Ching-te and Japan’s LDP delegation led by Takako Suzuki, focusing on strengthening economic ties and regional peace.

President-elect Lai Ching-te calls for dialogue with China to enhance peace across the Taiwan Strait, emphasizing mutual respect and criticizing Beijing’s selective engagement with the opposition. Lai pledges to continue President Tsai’s policies, focusing on defense, economic security, partnerships, and stable cross-strait relations to promote regional stability and prosperity.

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.

Japanese Prime Minister Kishida Fumio and U.S. President Joe Biden reaffirmed the importance of peace and stability in the Taiwan Strait, pledged to uphold international order, and signed approximately 70 cooperation agreements spanning defense, space, economic security, AI, nuclear fusion energy, and disaster relief during a bilateral summit at the White House.

President Tsai Ing-wen meets with Australian parliamentary delegation in Taipei to discuss strengthening partnerships, emphasizing security cooperation and regional stability. The talks highlight ongoing efforts to deepen economic ties and the importance of defense collaboration amid joint naval exercises in the South China Sea.

Vice President Lai Ching-te meets with AIT Chair Laura Rosenberger to discuss deepening U.S.-Taiwan relations. Rosenberger congratulates Lai on his election victory and highlights the importance of maintaining peace and stability across the Taiwan Strait. She emphasizes the mutually beneficial economic ties between the two nations and reaffirms the U.S.’s commitment to Taiwan’s defense. Rosenberger expresses confidence in Lai’s leadership in strengthening U.S.-Taiwan relations and Taiwan’s role in global security and prosperity.

Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.

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.

Premier Chen Chien-jen addresses potential cash payments to the public in response to economic conditions for 2025 and 2026 during a Legislative Yuan hearing. Discussions highlight the government’s focus on National Health Insurance, labor insurance, and subsidies for Taiwan Power Company, with implications for Taiwan’s social policy and fiscal decisions in the future.

The Chinese Coast Guard claims regulation of Filipino vessels near the Second Thomas Shoal in the Nansha Islands. President Ferdinand Marcos Jr. warns of retaliation if South China Sea sovereignty is disregarded. Tensions rise as Marcos accuses China of aggressive actions in the Philippines’ exclusive economic zone. China questions the Philippines’ stance on the South China Sea issue, criticizing Manila for manipulating international opinion and disrupting regional stability.

Stay updated on Taiwan’s economic progress as the National Development Council reports a stable outlook for January 2024. Economic indicators show positive trends in production, investment, sales, and finance, signaling continued recovery. Follow the transition from recession to a transitional economy in key sectors, reflecting a promising shift in Taiwan’s economic landscape.

U.S. Congressman Mike Gallagher, along with a team of American lawmakers, visited Taiwan and expressed support for the island’s resistance against China’s influence. The delegation praised Taiwan’s successful development and voiced commitment to deepening U.S.-Taiwan relations for peace and stability in the region. Senator Marco Rubio also reiterated his support for Taiwan during a separate meeting with Taiwan’s ambassador to Paraguay.

Vice President and President-elect Lai Ching-te reaffirms commitment to democracy and peace in Taiwan Strait and Indo-Pacific region during meeting with U.S.-Taiwan Business Council. Lai highlights alignment of Taiwan-U.S. economic cooperation with Indo-Pacific Economic Framework. Expresses gratitude for U.S. support following election, acknowledges solidarity against Chinese authoritarianism. Thanks U.S. for commitment to Taiwan’s security and efforts to address double taxation issue. Anticipates strengthened supply chain partnerships between Taiwan and U.S. through enacted double-tax relief act.

Taiwan expresses strong regret and denounces the Republic of Nauru’s decision to sever diplomatic relations and establish ties with China as misguided and not beneficial for its people or regional stability. The Taiwanese Presidential Office highlights that Beijing’s diplomatic suppression is seen as retaliation against democratic values and a challenge to international stability. This move by Nauru reduces Taiwan’s diplomatic allies to twelve, marking the loss of its tenth ally since Tsai Ing-wen became president in 2016. Financial shortfalls resulting from the closure of Australia’s Nauru Regional Processing Center and other factors, such as Nauru’s request for economic aid and the closure of the Nauru branch of the Australian Bendigo Bank, have contributed to the strained Taiwan-Nauru relations.

China’s military intimidation of Taiwan ahead of the presidential election has been warned by the Ministry of Foreign Affairs (MOFA). A joint statement by the US Assistant Secretary of State for East Asian and Pacific Affairs, Daniel Kritenbrink, Japanese Deputy Minister and Director-General, Kobe Yasuhiro, and Republic of Korea Deputy Minister, Chung Byung-won, expressed support for Taiwan during a three-way dialogue in Washington. China’s recent military threats towards Taiwan, including deploying balloons across the Taiwan strait, violating airspace, and suspending parts of the Economic Cooperation Framework Agreement (ECFA), have raised concerns among the international community. MOFA has raised suspicions of attempts to influence the election and emphasized Taiwan’s commitment to cooperation with the US, Japan, and South Korea to promote peace, stability, and prosperity in the Indo-Pacific region.

Taiwanese presidential candidate Lai Ching-te of the Democratic Progressive Party (DPP) has called on the Taiwanese people to use their votes as a defense against what he considers the most serious Chinese interference in the upcoming elections. Lai emphasized that while China has interfered in Taiwan’s elections before, the current situation is the worst. He believes that the best way to counter this interference is to ensure that the candidate supported by China does not win. Lai urged citizens to stand up against this interference by using their ballots to continue Taiwan’s progress and guarantee societal stability, economic growth, and the well-being of its people. He positioned the DPP’s battle not only against opposition parties but also against the Chinese Communist Party, underscoring the importance of maintaining a majority in the legislative yuan to prevent potential government functioning disputes. Lai kicked off his election campaign across 22 counties and cities, stating that this election is crucial for Taiwan’s future and Indo-Pacific peace stability. He encouraged the people to maintain the spirit of the past, choose the right person, and follow the right path.

President Tsai Ing-wen highlights Taiwan’s growing global relevance and indispensability, as she reflects on the substantial changes during her seven-year presidency. Taiwan’s GDP has risen from NT＄17.5 trillion to an impressive NT＄23 trillion under her administration, thanks to initiatives aimed at investment and infrastructure development. Advanced semiconductor chip production has thrived, contributing to Taiwan’s economic stability and rapid advancement, surpassing the progress of the Four Asian Tigers. Tsai attributes this success to the unity and resilience of the Taiwanese people. She hopes that her administration’s efforts will have a lasting impact, sustaining Taiwan’s forward momentum for future leaders.

A new survey conducted by Cathay Financial Holding reveals that 59.3% of respondents expect their year-end bonuses for 2023 to be between one to three months’ worth of salary. Additionally, 45.9% of those polled anticipate a salary increase in 2024, with 9.2% expecting the raise to exceed 3%. However, only 8.3% foresee year-end bonuses topping three months’ salary, while 32.4% predict bonuses will fall below one month. In terms of regular monthly earnings in 2024, 47.6% of participants project stability. The survey also indicates that the average growth expectation for Taiwan’s economy in 2024 stands at 2.52%, with 70% of those surveyed predicting a growth rate above 2%. Respondents expect the inflation rate in 2024 to be 2.21%, with 55% believing it will remain above 2%. These figures differ from the projections by the Directorate-General of Budget, Accounting and Statistics, which forecasts a 3.35% growth rate and a 1.64% inflation rate for Taiwan in 2024. In December, the optimism index for Taiwan’s stock market rose sharply to 16.1 from -0.4 in November, and the risk appetite index increased from 10.3 to 13.9, indicating market anticipation of potential rate cuts by major central banks next year. The survey, conducted from Dec. 1 to 7, gathered 13,379 valid questionnaires via email from members of Cathay Life Insurance’s official website and customers of Cathay United Bank.

President Tsai Ing-wen discusses her post-presidency plans, hinting at a possible teaching role after her term ends. Reflecting on her tenure, she acknowledges the challenges faced by Taiwan but highlights the stable growth and economic achievements during her governance. President Tsai expresses gratitude to her supporters and hopes for her successor to lead Taiwan to greater heights. Emphasizing the importance of presidential capability and political transformation, she commends the Democratic Progressive Party candidates for their steadfast execution of the ＂Tsai Ing-wen route.＂ President Tsai emphasizes the need for future leaders who are internationally trusted, capable of upholding peace and stability in the Taiwan Strait, and maintaining global cooperation and trust.

Kuomintang (KMT) presidential candidate Hou Yu-ih has announced an extension of childcare policies, promising free after-school care services for elementary students aged 6 to 12. This initiative aims to double the current capacity of after-school care in public elementary schools from 180,000 to 360,000 children, with a focus on providing specialized care to children in rural areas and from disadvantaged backgrounds. Hou’s plan includes establishing after-school programs in public elementary schools to meet 100% of the demand, increasing student coverage from 15% to 30% and meeting the standard set by the Organization for Economic Co-operation and Development (OECD). The policy, guided by the ＂Three Safeties＂ principle, aims to ensure parental peace of mind, child safety, and stability for the disadvantaged. Extended care until 7 p.m. will be available during the school term and vacations. Additionally, the initiative seeks to expand private-sector participation in after-school care services by creating a matching platform to add over 20,000 new classes and increasing the proportion of outsourced after-school care to over 20%. The anticipated benefits of this policy include providing services to approximately 300,000 families, including 80,000 disadvantaged families, creating around 30,000 job opportunities, and strengthening the service capacity of private institutions.

Kaohsiung Mayor Chen Chi-mai expresses confidence in the stability of the legislative and presidential election outlook for Kaohsiung, as it aligns with initial expectations. He emphasizes the need for cooperation between central and local governments and the legislature to promote infrastructure and urban economic development in the southern industrial city. Chen calls on candidates to build trust among voters by presenting positive visions and policies, particularly focusing on providing opportunities for newcomers to engage with the public. Democratic Progressive Party candidates are expected to propose policies for Kaohsiung’s development and Taiwan’s stability to gain public support. Chen highlights the importance of humility and self-reflection for political parties, urging them to acknowledge shortcomings and continue their efforts in areas of success.

Legislators at the Legislative Yuan are demanding that the Ministry of Agriculture (MOA) clearly define ＂fresh milk＂ to differentiate between imported milk and domestically-produced fresh milk in order to protect local dairy farmers. This demand comes as the 10-year anniversary of the economic cooperation agreement known as ANZTEC between New Zealand and Taiwan approaches, which will bring about a zero-tariff policy by 2025. The MOA has committed to collaborating with the Ministry of Health and Welfare (MOHW) to discuss the criteria for defining ’fresh milk.’ Proposals suggest establishing a clear distinction between domestic raw milk and imported liquid milk to ensure stability in contracts between dairy farmers and milk product manufacturers. It is argued that due to high-temperature sterilization and long-distance transportation, imported milk products should be categorized differently from fresh milk produced and stocked within Taiwan. The Acting Agriculture Minister Chen Junne-jih stated that the storage period and processing issues for ’fresh milk’ will be discussed in consultation with the MOHW, and milk labels will be revised to emphasize ＂Taiwan fresh milk＂ for market segmentation, preserving the label exclusively for domestically produced fresh milk. Currently, the national definition of ＂fresh milk＂ refers to raw cow’s milk processed with heating, sterilization, and refrigeration for consumption without specifying a shelf life.

Hsiao Bi-khim, the vice-presidential candidate for Taiwan’s Democratic Progressive Party, expressed her opposition to using war as a solution to cross-strait issues. She emphasized the necessity of dialogue as the only viable method for resolution. Hsiao voiced her support for the four pillars of peace proposed by DPP’s presidential candidate, Lai Ching-te. These pillars include strengthening Taiwan’s deterrence capabilities, ensuring economic security, establishing partnerships with global democratic nations, and maintaining a stable, principled cross-strait relationship. Hsiao has been blacklisted by the Chinese Communist Party (CCP) due to her support for Taiwanese independence, but she highlighted that other international advocates for democracy and human rights have faced similar sanctions from the CCP. Despite this, Hsiao remains committed to protecting Taiwan’s democracy and maintaining an open attitude towards cross-strait dialogue. She emphasized the importance of preserving the status quo and seeking global support to uphold peace and stability in the Taiwan Strait.

Taiwan’s Ministry of Labor (MOL) plans to introduce Indian migrant workers to address labor shortages. The initiative will adhere to domestic regulations and is not an immediate importation of 100,000 workers. The MOL will negotiate a Memorandum of Understanding (MOU) on labor service cooperation with India to ensure quality workers without disrupting social stability. Several countries have had positive experiences importing Indian labor, and currently, around 2,700 Indian laborers work in Taiwan. Taiwan’s economic and trade relationships with India are strong, making labor cooperation a priority. After signing the MOU, discussions on industrial quotas will occur. The MOL will rigorously assess qualification criteria such as language skills, professional abilities, educational background, and good behavior. The aim is for the introduction of migrant workers to contribute positively to Taiwan’s economic and societal development.