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New basic wage brings added insurance costs for workers
Discover how Taiwan’s minimum wage increase for 2025 will impact 2.57 million workers, including higher labor insurance contributions for employees, employers, and the government.2024/09/05 10:47 -
Labor minister prioritizes marginal worker’s living standard
Explore the latest on Taiwan’s minimum wage review meeting led by Labor Minister Ho Pei-shan, focusing on inflation’s impact on marginal workers and the importance of safeguarding their living standards.2024/09/04 12:06 -
Taiwan braces for electricity price hike amid inflation woes
Amid inflationary pressures, Taiwan plans to raise electricity prices, impacting daily life and industry, especially high-energy-consuming businesses like hot pot restaurants. The increase, projected to be across-the-board, could lead to higher operating costs and consumer prices. Taiwan Power Company faces substantial losses, with a potential 20% price surge predicted to affect economic growth and consumer prices. Some workers see the adjustment as a step towards sustainable energy development, encouraging energy-saving and emission-reduction industries.2024/03/13 15:28