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Taiwan studies Singapore model for planned sovereign fund
Taiwan plans a sovereign fund to boost national investment, focusing on financial and strategic strategies. Key decisions await the Executive Yuan’s approval.2025/05/22 12:22 -
Taiwan allocates NT$40M for sovereign AI development
Taiwan’s National Science and Technology Council secures NT$40 million for an AI corpus project. Officials stress the need for local data to reduce reliance on foreign AI tech.2025/05/15 06:00 -
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 -
Taiwan to launch green growth fund office by May
Taiwan’s environment minister announces a Green Growth Fund office by May to boost net-zero industries. The initiative seeks NT$10 billion for sustainable investments.2025/03/14 13:00 -
Taiwan’s development fund reports NT$33 billion revenue
The National Development Fund reported 2023 revenue of NT$33 billion, with TSMC dividends contributing 58%. Despite some losses, the fund’s diversified strategy shows growth.2024/11/22 11:17 -
Vice President-elect champions local revitalization
Vice President-elect Hsiao Bi-khim stresses the significance of local and international connections at the "2024 Global SDGs Two-Day International Forum (SDGs+City)" opening ceremony. She unveils the upcoming "Local Revitalization 3.0" plan to enhance local cooperation and innovation, emphasizing the resilience and forward-looking nature of Taiwan’s vitality. Hsiao highlights the government’s efforts to address challenges through the Local Revitalization National Strategic Plan and stresses the need for strategic fund allocation based on local needs to reinforce global ties.2024/03/28 14:50 -
Ko Wen-je vows to bring 2038 Asian Games, Olympics to Taiwan
Taiwan People’s Party (TPP) presidential candidate Ko Wen-je vows to promote international sports events, including the 2038 Asian Games and the Olympics, if elected. He recognizes the connection between sports and national power and highlights Taiwan’s top athletes. Ko also proposes career planning guidance and specific examinations for sports personnel, as well as the establishment of a National Sports Development Fund and revision of the Sports Industry Development Act. He plans to increase the budget for the national training center, improve support teams, and promote physical fitness nationwide. Ko aims to develop e-sports and align it with global standards, while advocating for education reforms and cultivating high-tech talents.2023/12/26 16:46 -
Minister confirms Taiwan’s commitment to TSMC amid rumors
Economic Affairs Minister Wang Mei-hua refutes rumors of the government selling its stake in TSMC, reaffirming strong support for Taiwanese companies and the nation’s commitment to TSMC’s continued success.2023/10/31 17:43 -
Economic minister debunks rumors of TSMC share sale
The Minister of Economic Affairs, Wang Mei-hua, has refuted online rumors that the government plans to sell shares of Taiwan Semiconductor Manufacturing Co. (TSMC). In fact, the government has been increasing its stake in TSMC, with the National Development Fund of the Executive Yuan owning major shares. The National Development Council (NDC) has also clarified the situation. Minister Wang emphasized the importance of TSMC in Taiwan’s economic development and the government’s continuous support for the tech giant.2023/10/31 15:40 -
Taiwan Carbon Solution Exchange kicks off in Kaohsiung
TAIPEI (TVBS News) — The Taiwan Carbon Solution Exchange, funded by the Taiwan Stock Exchange and the National Development Fund commenced operations in Kaohsiung on Monday (Aug. 7) to advance Taiwan’s carbon credits trade business and to move another step towards Taiwan’s net-zero emissions goal by 2050.2023/08/07 19:59