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Taiwan car ownership growth slows as U.S. tariffs bite
Vehicle ownership in Taiwan nearly doubled from 2015 to 2025, reaching 8.138 million. Despite slowed growth due to U.S. tariffs, tax revenue hit NT$58.01 billion. Women own 46.4% of taxable vehicles, with middle-aged individuals leading ownership.
2026/03/23 13:00
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Taiwan urges influencers to comply with new tax rules
Taiwan’s Ministry of Finance urges influencers to report business taxes under new regulations. Influencers must register if they meet revenue thresholds. Grace period ends June 30, 2026.
2026/01/16 12:00
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Taiwan to distribute NT$10,000 cash starting Nov. 12
Taiwan’s Executive Yuan announces NT$10,000 cash distribution starting Nov. 12, with registration from Nov. 5. Age restrictions spark debate; fraud prevention measures in place.
2025/10/29 19:59
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Taiwan citizens to receive NT$10K stimulus by late October
Taiwan’s Executive Yuan approved a special budget for a NT$10,000 cash handout to boost economic resilience. Distribution methods include direct deposit and ATM withdrawal.
2025/09/11 13:38
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Taiwan mayors demand meeting over disputed budget formula
Premier Cho Jung-tai addresses fund distribution concerns at SEMICON Taiwan 2025. Sixteen city and county leaders to discuss tax allocation discrepancies in Taipei.
2025/09/10 14:00
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Taiwan’s banks commit NT$42.6 billion to green finance
Taiwan’s Ministry of Finance announced that eight state-owned banks have issued NT$42.6 billion in sustainable bonds to support net-zero emissions by 2050.
2025/09/03 17:58
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Taiwan’s credit rating affirmed at ’AA’ by Fitch
Fitch Ratings affirms Taiwan’s "AA" credit rating, citing strong fiscal management and a stable outlook. The Ministry of Finance highlights fiscal surplus and debt reduction.
2025/08/06 12:33
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Taiwan showcases climate goals at Caribbean islands summit
Taiwan’s Ministry of Foreign Affairs led a delegation to the Global Sustainable Islands Summit in Saint Kitts and Nevis, showcasing Taiwan’s net-zero commitment.
2025/06/06 21:00
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Pilots top Taiwan salary survey with NT$323K monthly
The Ministry of Labor’s survey reveals pilots earn the highest monthly salary in Taiwan at NT$323,000. Actuaries and doctors follow. Learn more about salary trends across industries.
2025/05/29 22:00
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Taiwan state firms to hire 386 new employees this year
Taiwan’s Ministry of Economic Affairs plans to hire 386 employees for state-owned enterprises, with exams on Nov. 9. Positions offer growth in fields like electrical engineering.
2025/05/09 12:00
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Taiwan finance ministry urges caution on wealth fund plan
Taiwan’s Ministry of Finance urges consensus on a national sovereign wealth fund, citing the need for careful evaluation and planning. The Finance Committee will discuss this on May 8.
2025/05/07 21:00
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Taiwan sees 2.2x growth in performance tax after pandemic
The Ministry of Finance reports a 2.2-fold increase in entertainment tax revenue from professional performances in 2024, driven by post-pandemic event growth.
2025/04/28 17:42
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Taiwan chooses defense spending over citizen cash gifts
Premier Cho Jung-tai addresses Taiwan’s challenges, opposing universal cash distribution. He advocates for targeted aid and prioritizes security amid geopolitical tensions.
2025/04/24 14:53
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Taiwan cuts emissions by 4.64% since 2005 baseline
Taiwan’s Ministry of Environment reports a 4.64% drop in 2023 greenhouse gas emissions from 2005 levels, aligning with NDC goals. Efforts include carbon capture and green finance.
2025/04/17 14:23
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Taiwan could boost market intervention fund to US$30.5B
A DPP legislator in Taiwan proposes doubling the National Financial Stabilization Fund’s limit to NT$1 trillion to better handle stock market fluctuations.
2025/04/11 20:00
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Taiwan legislators debate tax revenue amendment
Taiwan’s Legislative Yuan reviews a Budget Act amendment to return excess tax revenues to the public. Concerns arise over disaster response flexibility.
2025/03/24 10:34
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Taiwan launches probe into Chinese beer, steel imports
Taiwan’s Ministry of Finance has launched an anti-dumping investigation into Chinese beer and hot-rolled steel imports, citing harm to local industries. The Ministry of Economic Affairs will report preliminary findings within 40 days.
2025/03/11 17:00
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Taiwan debates surplus tax revenue distribution
Taiwan’s Legislative Yuan debates returning surplus tax revenue to citizens. Officials argue against cash handouts, citing debt priorities and economic risks
2025/03/10 19:00
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Taiwan considers NT$10,000 cash payout for citizens
Taiwan’s legislators consider a bill to distribute NT$10,000 to citizens from excess tax revenue. The proposal, introduced by the KMT, aims to benefit all registered citizens.
2025/03/07 16:27
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Poll shows strong support for NT$10K cash payments
A poll by the National Policy Foundation shows 66.3% of Taiwanese support cash payments from surplus tax revenue. The Kuomintang urges the government to act.
2025/02/25 12:00
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Taiwan to cut tariffs on 17 items from Paraguay
Taiwan’s Executive Yuan approved a draft to exempt tariffs on 17 items from Paraguay, including pork and wheat flour, under a trade agreement. This aims to boost economic ties.
2024/11/21 21:00
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Housing loan subsidies for young buyers to end in 2026
The Ministry of the Interior announced the youth housing loan program will continue until July 2026, ending subsidies afterward. The initiative aims to ease mortgage burdens.
2024/11/13 17:29
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Taiwan delegation gains support at COP29 summit
Taiwan’s delegation, backed by allies and the Ministry of Foreign Affairs, participated in COP29, marking a key step in global climate talks. National Tsing Hua University highlighted Taiwan’s upcoming carbon fee rates and the need to match Japan and South Korea’s policies. COP30 will focus on deep carbon reduction and green finance.
2024/11/12 10:17
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Keelung mayor urges KMT to focus on revenue act’s passage
Keelung Mayor George Hsieh urges KMT mayors to prioritize passing the Act Governing the Allocation of Government Revenues and Expenditures. He warns that disputes over allocation ratios could harm financial stability. Critics argue KMT’s amendments are unfair, but Hsieh emphasizes benefits for Keelung, including resources for tourism and parking solutions.
2024/11/11 11:27
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Finance ministry enforces mortgage insurance rules
The Ministry of Finance in Taiwan addresses concerns over banks tying mortgage insurance to loan approvals. It emphasizes compliance with regulations and monitors public banks.
2024/10/07 15:15