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Executive Yuan unveils subsidy plan for 2025
The Executive Yuan in Taiwan announced plans to enhance subsidies for regional development, aiming for fairer fiscal allocation. The initiative will boost public infrastructure funding and improve local governments’ financial capabilities.
2024/11/14 14:29
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DPP criticizes KMT’s revenue allocation amendments
DPP Secretary-General Lin Yu-chang criticizes KMT’s revenue allocation amendments, warning of financial instability and urging bipartisan dialogue for fiscal fairness.
2024/11/12 14:21
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Experts debate future of Taiwan’s unsafe buildings
Taiwan’s "Reconstruction Express," a 10-year policy aimed at expediting the reconstruction of unsafe and aging buildings, is set to expire in 2027, raising concerns over the future of urban renewal projects. Experts discuss potential paths, including amendments or full integration into the Urban Renewal Act.
2024/09/11 15:48
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Taiwan sets record defense budget for 2025
Discover the details of Taiwan’s record-setting 2025 budget, including a historic defense budget of NT$647 billion, as President Lai emphasizes strengthening self-defense and democratic partnerships for peace and prosperity. Learn about the budget’s focus on social welfare, education, and economic development, alongside initiatives for long-term care, child care, net zero goals, anti-fraud measures, and housing solutions.
2024/08/07 15:27
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Labor shortage delays Taiwan’s MRT projects to 2027
Taiwan’s public construction projects, including the MRT Wanda Line’s first phase, now delayed until 2027, are facing severe setbacks due to labor and material shortages.
2024/06/12 17:52
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Ko criticizes "fanciful" round-the-island railway proposal
Explore the debate over Taiwan’s NT$2 trillion transportation proposal, including a round-the-island high-speed railway. Ko Wen-je urges financial prudence, emphasizing the need for a thorough review before proceeding with such ambitious projects.
2024/06/07 15:43
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Tsai Ing-wen touts Taiwan’s NT$2.17T investment success
President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.
2024/02/16 16:38
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Taiwan VP Lai Ching-te’s sympathy letter to Japan published
Taiwanese Vice President Lai Ching-te’s letter expressing sympathy to Japan for the Noto Peninsula earthquake was published in the Hokkoku Newspaper on February 1. Lai’s message, along with a similar one from Japanese Prime Minister Fumio Kishida, emphasized Taiwan’s willingness to assist in the relief and recovery efforts. Lai mentioned that the Taiwanese government promptly offered aid, including a contribution of 60 million Japanese yen, while private donations from Taiwan have reached 2.5 billion yen. Lai also paid tribute to Yoichi Hatta, an engineer from Ishikawa Prefecture who worked on infrastructure projects in Taiwan, demonstrating the enduring gratitude of the Taiwanese people. The newspaper also featured a photo of Lai’s visit to the 21st Century Museum of Contemporary Art, Kanazawa in 2011 when he was the mayor of Tainan.
2024/02/01 16:50
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TPP calls for pragmatic energy mix amid Greenpeace demo
Greenpeace has staged a surprise demonstration calling for a 40% renewable energy target in Taiwan by 2030. The Taiwan People’s Party (TPP) has responded by emphasizing the need for a pragmatic approach to the country’s energy mix policy. TPP spokesperson Tai Yu-wen stated that the energy strategy should be based on scientific evidence, focused on just energy transformation and sustainable development. The TPP supports a proposed energy mix of 45% natural gas, 30% renewables, 15% coal, and 10% nuclear power by 2030. Tai emphasized the importance of developing renewable energy sources while also maintaining justice in the energy transition. The TPP encourages the use of green power, supports community renewable energy projects, and aims to enhance the development of electric vehicles and charging infrastructure. The party hopes to achieve ambitious goals by 2030, including a 100% electrification rate for public buses and significant market shares for electric cars and scooters.
2023/12/20 21:25
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Chao blasts DPP for ’chaos’ in Taiwan’s governance
KMT vice presidential candidate Chao Shao-kang criticizes the DPP’s absolute control of Taiwan’s governance, blaming it for causing chaos in the nation. Chao highlights the DPP’s warnings that a KMT majority would undermine checks and balances, leaving Taiwan "hollowed out". He argues that the DPP’s eight years in power have resulted in a financial deficit, increased cross-strait tensions, and the loss of nine diplomatic allies. Chao also points to a 19-month decline in export markets, exacerbating wealth inequality and housing issues. He attributes these outcomes to the DPP’s dominance from the presidency to the legislature, arguing that local governments focus on infrastructure projects unrelated to Taiwan’s political influence.
2023/12/11 20:22
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Premier Chen inspects Dongshi Wharf’s NT$175M upgrade
Taiwan Premier Chen Chien-jen visited Dongshi Fisherman’s Wharf in Chiayi County to inspect the completion of the water environmental enhancement project. The project, which cost NT$175 million, was funded in part by the Forward-looking Infrastructure Development Program. Chen expressed hopes for the local oyster industry to establish a traceability system similar to Japan’s Seto Inland Sea oyster industry. Dongshi Fisherman’s Wharf is an important fishing port and tourist destination known for its oysters. The wharf faced challenges such as land subsidence and pier damage, but improvement measures proposed by Chiayi County Magistrate Weng Chang-liang received central government funding. The Fisheries Agency has allocated NT$2.068 billion for water environmental infrastructure projects across Taiwan, with Dongshi serving as an example.
2023/11/25 17:14
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MOEA embraces tech innovations amid strong ties with Japan
The Minister of Economic Affairs praised the growing industry ties between Taiwan and Japan at the 2023 Japan-Taiwan Image Exhibition. Investments from Japanese companies such as Ebara, Fujifilm, and semiconductor factories are expected to contribute significantly to Taiwan’s economy, reaching a value of NTD$10 billion. Japan’s interest in Taiwan’s semiconductor industry, particularly TSMC’s projects in Kumamoto, suggests the potential for future collaboration. Minister Wang Mei-hua emphasized the importance of adopting low-carbon and smart technologies for a sustainable future, aligning with Japan’s smart city initiatives. She also highlighted the potential of hydrogen power, urging Taiwan to follow Japan’s lead in developing new technologies and exploring infrastructure partnerships.
2023/11/13 12:10