economic policy 結果共47筆

Taipei mayoral candidate Ko Wen-je criticized his opponent Lai Ching-te’s ＂Bilingual 2030＂ policy, arguing that it lacks a comprehensive plan and causes panic among educators and parents. Ko identified three major issues in Taiwan’s education system: limited social mobility for underprivileged children, a gap between school curriculum and society’s needs, and a lack of alignment with international practices. He also highlighted the disparity in educational opportunities between higher socio-economic families and disadvantaged ones. Ko criticized the existing bilingual education policy for lacking a concrete path to realization.

DPP vice-presidential candidate Hsiao Bi-khim emphasized the importance of strength in maintaining Taiwan’s status quo and preventing bullying. She highlighted the current state and prospects of U.S.-Taiwan relations, noting that U.S. policy has consistently supported maintaining the status quo and opposing the use of force. Hsiao mentioned that under Xi Jinping’s leadership, the U.S. has shifted to view China competitively but does not seek a new Cold War. She emphasized critical issues of peace, security, and economic cooperation in Taiwan-U.S. ties, including the U.S.-Taiwan Initiative on 21st-Century Trade. Hsiao underscored Taiwan’s determination to defend itself, citing the national defense budget and military modernization reforms. She referred to herself as a ＂cat warrior＂ and advocated for government reform and a balanced international stance. Hsiao urged that Taiwan not become a divisive issue between American political parties and emphasized the need for a proper balance amidst U.S.-China competition to ensure Taiwan’s safe and steady progression.

TSMC chairman Mark Liu’s upcoming retirement in 2024 has led investment experts to suggest that the semiconductor giant should slow down the progress of its new manufacturing facility in the United States. Industry analyst Jonah Cheng believes that TSMC’s policy direction will remain unchanged under the leadership of chief executive C.C. Wei, who is expected to succeed Liu as chairman. Cheng also proposes maintaining a dual leadership structure to cultivate successors from various backgrounds. Speculation suggests that Liu’s retirement may be linked to potential investment challenges in the company’s U.S. expansion. In response to these challenges, Cheng recommends a deceleration in the construction of TSMC’s second U.S. plant. He also highlights the need to assess the current downturn in the car market and economic outlook before proceeding with the German plant focused on automotive applications. Cheng suggests that the Japanese facility could be an optimal choice due to labor and power shortages in Taiwan, as well as cultural similarities and strong government support from Japan. TSMC’s primary obstacle, according to Cheng, is maintaining its leadership position in the semiconductor industry, especially after surpassing Intel. Additionally, the cyclical nature of the industry and the potential opportunities presented by the rise of artificial intelligence (AI) applications pose further challenges for the company.

The Ministry of Economic Affairs and the Ministry of Transportation and Communications in Taiwan have announced a new ＂Subsidiary Tourism＂ program aimed at boosting business travel. Foreign business travelers will be eligible for a subsidy of up to NT＄2,000 starting next year. The program has a budget of NT＄10 million and aims to support foreign business visitors to Taiwan. Stocks of related hotels have surged in response to this policy push, with analysts predicting positive growth for the tourism industry. The reduction in extended public holidays next year is expected to favor domestic tourism momentum and improve hotel occupancy rates. Overall, businesses and investors anticipate a robust year ahead for the hotel industry in Taiwan.

KMT vice presidential candidate Jaw Shaw-kong challenges the narrative of the ＂1992 Consensus,＂ stating it was not used during cross-strait negotiations. He explains that the parties involved articulated their positions orally with no unified expression, and it was later that Su Chi introduced the term. Jaw also addresses the DPP’s stance on the ＂One China＂ policy, stating that the DPP urges Beijing to acknowledge ＂One China＂ as the Republic of China, a recognition unlikely from Beijing. He critiques the DPP’s performance over their 8-year tenure and suggests that the electorate could express dissatisfaction by transferring power to the KMT. Jaw acknowledges the contributions of Taiwanese businesses to China’s economic development and asserts that Taiwan could demand economic concessions from China. He questions the need for increased defense spending and extended conscription in Taiwan in the absence of an immediate threat, stating that conflict between the two sides should and must not occur.

Join the rally against air pollution and global warming in Taichung, central Taiwan on December 24. Environmental organizations are demanding a coal-free central Taiwan and urging Taichung Mayor Lu Shiow-yen to take immediate action to phase out coal at the Taichung Power Plant by 2026. Central Taiwan is responsible for over 60% of the nation’s coal-fired power generation, causing long-term pollution. The International Energy Agency advises developed countries to achieve coal phase-out by 2030 to control temperature rise within 1.5 degrees Celsius. Taiwan’s current energy policy does not align with international trends, with proposed energy-use proportion still including 14 to 20% coal by 2030. However, data from the Ministry of Economic Affairs suggests that increased generation from natural gas and renewable sources can allow for a full coal phase-out at Taichung Power Plant by 2026, a decade earlier than Taipower’s claim. Local governments in central Taiwan are criticized for insufficient efforts to reduce coal use, and residents are urged not to wait another 12 years for a healthier environment.

Taiwan’s central bank has announced that it will maintain its interest rate for the third consecutive time in its quarterly board meeting. The decision was influenced by price changes and the need to balance stabilizing consumer prices with sustaining economic growth. Despite rising consumer prices due to natural disasters, the central bank remains optimistic and expects the inflation rate to drop below 2% next year. Forecasts for Taiwan’s GDP growth rate in 2023 are more positive, projected to reach 3.12%. This is supported by increasing private consumption, particularly in tourism and dining, as well as the central bank’s expectation of a global export increase to stimulate local investment and drive economic recovery. In contrast to the Federal Reserve in the U.S., Taiwan’s central bank stated that its monetary policy approach would be adjusted gradually based on the country’s economic conditions. Despite high housing prices, the central bank has decided against imposing stricter measures or withdrawing from market intervention to avoid further impact on the property market.

National Yang Ming Chiao Tung University (NYMCU) has partnered with the American Climate Club (ACC) to establish the American Taiwan Climate Club. This collaboration aims to contribute to the global net-zero carbon emissions target by 2050. The two institutions have signed a memorandum of understanding (MOU) to develop international carbon standards and propose a white paper on environmental, social, and governance (ESG) policies. NYMCU is committed to raising global citizens with sustainability awareness and plans to integrate the 17 Sustainable Development Goals into its academics and research. The partnership also has the potential to pave the way for Taiwan’s engagement in international carbon trading and promote green economic growth. The American Climate Club, registered in Texas, collaborates with government agencies, carbon reduction technology firms, carbon quality monitoring, carbon asset services, and climate and carbon finance funds. The newly formed American Taiwan Climate Club will focus on climate education, international cooperation, carbon project investment, carbon advisory services, and policy research to strengthen climate protection efforts.

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.

Taiwan is among the potential beneficiaries of Indonesia’s contemplation to offer visa-free entry for tourists from 20 major source countries, following the example set by Thailand. Indonesian Minister of Tourism and Creative Economy, Sandiaga Uno, disclosed in an interview that the government is discussing the launch of a visa exemption policy to attract more tourists and boost local economic development. Currently, travelers, including short-term tourists, need to secure a visa to visit Indonesia, including the option of Visa on Arrival (VOA) at designated entry points. Taiwanese passport holders can apply for VOA at 15 airports across Indonesia, such as Jakarta, Surabaya, Medan, and Bali, allowing them to stay up to 30 days with a one-time extension option. Given Taiwan’s place within the top 20 sources of foreign tourists to Indonesia, there is a significant chance that it will be included in the visa exemption program. This move could simplify travel for Taiwanese citizens and deepen tourism-based interactions between the two nations.

Taiwan People’s Party (TPP) presidential candidate Ko Wen-je expressed disappointment in the failure to establish an alliance with the Kuomintang (KMT), citing his medical background and trust in others as a disadvantage in politics. He believes that the mishandling of the breakup with the KMT has led to his declining support. Despite the acrimony, Ko hinted at potential future cooperation with Foxconn’s founder Terry Gou, acknowledging their maintained contact for policy collaboration. Ko praised Gou’s think tank on finance and economics for its excellent work, revealing that his team has consulted and adopted numerous economic policy suggestions from Gou’s proposals. The focus at this stage is on policy partnership, with paths toward collaborative governance remaining open between the two camps.

The upcoming Taiwanese presidential election on January 13, 2024, has been dubbed ＂2024’s most influential election in Asia＂ by Nikkei Asia. Three tickets are vying for the presidency and vice-presidency: the Democratic Progressive Party (DPP) with Lai Ching-te and Hsiao Bi-khim, the Kuomintang (KMT) with Hou Yu-ih and Jaw Shaw-kong, and the Taiwan People’s Party (TPP) with Ko Wen-je and Cynthia Wu. The election takes place amidst heightened global tensions and increasing cross-strait strains. The DPP advocates for fortified self-defense, the KMT promotes benign communication and economic ties with China, and the TPP leans towards dialogue with China. The KMT’s cross-strait policy stance has been criticized as less convincing compared to that of the DPP. The election will test whether Taiwanese voters will stand firm in defending their sovereignty against China’s growing influence.

During her tenure as Taiwan’s representative to the U.S., DPP vice presidential candidate Hsiao Bi-khim emphasized that Taiwanese people were treated with dignity and respect, rejecting any notion of subservience. She acknowledged the need for a flexible approach to diplomacy given Taiwan’s unique situation, which can range from soft to firm. Hsiao candidly admitted to setbacks and grievances, but highlighted her team’s tireless efforts to overcome obstacles and gain widespread support and respect. Despite the challenges, the confidence, encouragement, and backing from Taiwanese people made her role worthwhile. Hsiao also emphasized the importance of Taiwan’s foreign policy objectives, such as garnering international support and promoting democratic and economic achievements.

The Group of Seven (G7) leaders convened via video conference to discuss the Taiwan Strait, affirming its importance for international security and prosperity. They reiterated their commitment to the One China policy and called for a peaceful resolution to cross-strait issues. The G7 also expressed readiness to establish a stable relationship with China and voiced opposition to China’s militarization activities in the South China Sea. Human rights concerns in Xinjiang, Tibet, and Hong Kong were also discussed. The G7 condemned North Korea’s missile testing activities and addressed various other topics such as nuclear safety in Japan, the Indo-Pacific Economic Framework for Prosperity, and climate change. The discussions highlighted the G7’s attention to urgent global crises, including the ongoing conflict between Russia and Ukraine and the Gaza crisis.

The Democratic Progressive Party (DPP) responded to allegations from the Kuomintang (KMT) that DPP vice presidential candidate Hsiao Bi-khim was excessively pro-American. Chen Shi-kai, spokesperson for DPP presidential candidate Lai Ching-te’s campaign office, criticized the KMT for its lack of understanding of economic trade issues and Taiwan-U.S. relations. The KMT, led by legislator candidate Hsu Chiao-hsin, accused Hsiao of being subservient to the U.S. during her time in Washington, citing a classified communication log documenting a bilateral meeting discussing the Indo-Pacific Economic Framework for Prosperity proposed by U.S. President Joe Biden. Chen defended Hsiao by highlighting recent milestones in Taiwan-U.S. cooperation, such as the signing of the Taiwan-U.S. 21st Century Trade Initiative and efforts to resolve double taxation issues. Chen criticized the KMT candidate for illegally disclosing classified documents for political gain and called for an explanation of the motives and authenticity of the disclosure. This defense by the DPP spokesperson reflects the tensions leading up to Taiwan’s presidential elections, with U.S.-Taiwan relations remaining a significant political issue. The political drama highlights the intensity of Taiwan’s electioneering, where U.S. ties and Taiwan’s global economic positioning are crucial issues for voters. The impact of these debates on public opinion remains to be seen as Taiwan prepares for the polls.

Taipei City has been crowned the champion of happiness in Taiwan, according to the ＂2023 County and City Happiness Index Survey＂ conducted by the Economic Daily News and Cathay Life Insurance. Chiayi City secured the runner-up position, followed closely by Taichung City, Hsinchu City, and Taitung County. Taichung City also received the ＂Most Improved Award＂ for achieving the highest government satisfaction rating in Taiwan. The survey, which questioned over 15,260 Taiwanese aged 20 and up, was conducted from Aug. 24 to Oct. 16, 2023.

The campaign spokesperson for Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te, Chen Shih-kai, has called on Kuomintang (KMT) presidential candidate Hou Yu-ih to clarify his stance on allowing Chinese workers into Taiwan. Chen expressed concerns about the impact on the employment of Taiwan’s youth and requested an outline of supporting measures. This request for clarification follows Hou’s proposal to promote increased cross-strait exchanges, including opening up to Chinese tourists and students. Chen criticized Hou’s policy, suggesting it aimed to help alleviate China’s youth unemployment problems. He highlighted Taiwan’s strong economic abilities, contrasting it with Hong Kong’s declining stock market due to Chinese government control. Chen also criticized China’s lack of transparency regarding its economic downturn and high unemployment rate. He emphasized the importance of Taiwan’s economic development and integration with the global community, stating that the future direction of Taiwan depends on its leadership. These remarks reflect the DPP’s stance on maintaining a strong local economy and labor market while considering broader cross-strait policies and potential socioeconomic impacts.

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.

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.

Taiwan’s Minister of Economic Affairs, Wang Mei-hua, has promised to address a tax cut for young workers in continued negotiation with the Ministry of Finance. Kuomintang (KMT) Legislator Yang Chiung-ying has highlighted concerns over low salaries in Taiwan, noting that the median wage is NT＄42,000, the lowest among the Four Asian Tigers. To address this issue, Yang has suggested increasing the age for tax incentives for small and medium-sized enterprises (SMEs) hiring young employees from under 24 to under 30. This policy change, according to the legislator, could significantly help young people struggling with low wages. In response, Wang stated that the government would discuss the proposal with the Ministry of Finance and emphasized their efforts to reduce taxes to tackle the issue of low wages for young workers.

KMT presidential candidate Hou Yu-ih unveils a bold plan to attract 18 million foreign tourists if elected as Taiwan’s next president. Hou believes that tourism is a reflection of national strength and aims to counter the economic recession by boosting the industry. His proposed policy includes a 15% increase in the budget to improve infrastructure, such as airports, ports, the High Speed Rail, and the Taiwan Railway. In response to a recent incident involving a Taiwanese tour group in Xinjiang, Hou criticizes the government for not lifting restrictions on group tours to China, leading to privately arranged travel groups.

Taiwan’s Ministry of Economic Affairs (MOEA) refutes Taiwan People’s Party (TPP) presidential candidate Ko Wen-je’s critique of the government’s photovoltaic policy. Ko had visited Tainan earlier in the day, criticizing the Democratic Progressive Party (DPP) for prioritizing anti-nuclear sentiments over responsible photovoltaic energy development.