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  • Taiwan’s Central Bank updates inflation forecasts for 2024

    Taiwan’s Consumer Price Index indicates a continued slowdown in inflation with a slight rise in March. The Central Bank revises its inflation forecasts as electricity and living costs surge. The public’s economic outlook remains cautiously optimistic.
    2024/04/26 13:24
  • DPP skips KMT-led talks on halting electricity price hike

    Discover the ongoing political debate in Taipei as the DPP abstains from KMT-initiated talks on freezing electricity prices amid rising costs due to the Russo-Ukrainian War, highlighting the clash over addressing structural unfairness in charges.
    2024/04/24 18:01
  • Taipei’s estern district hit by unexpected blackout

    A power outage in Taipei’s Eastern District, including the Daan District, affected 722 households and disrupted businesses on the evening of April 18. Taipower is investigating the cause, linked to a tripped circuit breaker, and aims to restore power by early April 19. The incident underscores the critical need for reliable electricity in the city’s vibrant areas.
    2024/04/19 18:33
  • Taoyuan City grapples with frequent power outages

    Taoyuan City’s Deputy Mayor Wang Ming-Jiuh addresses multiple power outages, attributing them to increased usage and maintenance issues, while also discussing the broader energy strategy for Taiwan, including considerations around nuclear power and the Lungmen Nuclear Power Plant.
    2024/04/19 18:23
  • Taoyuan faces power crisis: aging infrastructure to blame

    Explore the challenges Taoyuan City faces with power outages, as Deputy Mayor Wang Ming-chu addresses equipment failure, aging infrastructure, and the indirect role of power shortages. Amidst public dissatisfaction and the impact on industries and healthcare, Taoyuan confronts the realities of climate change and growing demands on its electricity supply.
    2024/04/19 18:07
  • Thunderstorms cause power outages in Taoyuan

    Thunderstorms cause power outages affecting nearly 10,000 households in Taoyuan; Taiwan Power Company works to restore electricity, citing bamboo brushing against high-voltage switches and feeder lines jumping off as causes.
    2024/04/18 15:01
  • J.W. Kuo tackles Taiwan’s power trials ahead of MOEA role

    J.W. Kuo, incoming Minister of Economic Affairs and chairman at Topco Scientific Co Ltd., focuses on assessing Taiwan’s power needs through industry visits, aiming for a comprehensive report on electricity demands and the potential extension of nuclear plants, prioritizing safety and public consensus.
    2024/04/18 13:24
  • Blackouts hit thousands in Taoyuan: Faulty cables to blame

    Discover the cause behind the sudden blackouts in Taoyuan and Qingpu, as Taipower investigates faulty cables and fallen high-voltage lines affecting thousands. Learn about the impact on local households and the response from Taoyuan City officials.
    2024/04/17 10:15
  • No power rationing in Taipei and Keelung, Taipower confirms

    Discover how Taiwan Power Co. (Taipower) successfully prevented a power rationing crisis in Taipei and Keelung, maintaining a stable supply despite a generator malfunction at the Datan Power Plant and increased electricity demand.
    2024/04/16 11:55
  • Food vendors absorb electricity costs, fearing price hikes

    Lukang Old Street Business District chairperson Huang Shih-chieh expresses concern over rising electricity costs and their impact on food vendors, who may absorb cost increases to avoid raising prices due to declining consumer purchasing power, potentially leading to a vicious inflation cycle.
    2024/04/15 17:25
  • Taipei offers subsidies to mitigate rising electricity costs

    Explore how Taiwan’s significant electricity rate hike affects businesses and consumers, and the Taipei City Government’s efforts to mitigate these impacts through subsidies and energy-efficient technology upgrades.
    2024/04/10 17:31
  • Taipower struggles with losses amid calls for reform

    National Audit Office Auditor-General Chen Jui-min calls on Taiwan Power Co. (Taipower) to enhance management and boost revenue amid consecutive losses. Chen emphasizes the need for electricity price adjustments and debt interest reduction. Kuomintang Legislator Lin Ssu-ming questions Taipower’s deficits and government subsidies, urging a review of energy policy. Chen confirms NT$100 billion subsidy and stresses the importance of green energy for profit sustainability.
    2024/04/02 18:13
  • Price surge alert: from electricity bills to zoo tickets

    Stay informed about the latest developments in Taiwan as electricity prices, lunch box prices, Taipei Zoo admission tickets, and license taxes are set to increase starting April 1. Make sure to plan ahead for these changes to your monthly expenses.
    2024/04/01 17:56
  • Taiwan’s political parties clash over power costs

    DPP Legislator Rosalia Wu questions Legislative Yuan’s responsibility in case of Taipower collapse, prioritizing people’s livelihoods. KMT and TPP propose freezing electricity price hikes amidst Ministry of Economic Affairs’ decision to increase prices by 11% on April 1. DPP counters with cross-party negotiation pullback to address unreasonable proposals.
    2024/03/29 12:13
  • Electricity price hike to drive up costs: business heads

    Discover how Fubon Financial Holding Chair Daniel Tsai predicts a rise in commodity prices following an electricity price increase in Taiwan. Gain insights from industry leaders like Tung Tzu-hsien of Pegatron Corp on the impact of electricity costs on manufacturing and services sectors, and the necessity of reducing government subsidies. Stay informed on economic growth projections and the interplay between electricity prices and overall market dynamics.
    2024/03/28 17:59
  • Central Bank governor deems Taiwan’s inflation rate ’mild’

    Central Bank Governor Yang Chin-long discusses Taiwan’s mild inflation rate amidst potential electricity price hikes and the Legislative Yuan’s move to require approval for such adjustments. The KMT calls for more public oversight in price changes.
    2024/03/27 17:40
  • Lawmaker proposes public review for electricity prices

    Kuomintang caucus whip Fu Kun-chi proposes amendment to The Electricity Act for public scrutiny of electricity price fluctuations amid impending price hike. Fu warns of potential impact on commodity prices and housing costs, criticizes current energy policies as flawed. Calls for national congress oversight and public review of electricity price changes.
    2024/03/27 15:41
  • Premier: electricity price hike with considerate adjustments

    Premier Chen Chien-jen discusses the upcoming electricity price hike in Taipei, emphasizing the government’s efforts to accommodate various businesses and groups. He highlights the introduction of TPASS to alleviate transportation costs and enhance public transportation convenience and safety.
    2024/03/26 13:58
  • Taipei mayor urges empathy over rising electricity costs

    Taipei Mayor Chiang Wan-an urges central government to empathize with public and small businesses amid electricity price hike concerns. Young homeowners worried about impact on quality of life. City government working to mitigate effects through increased revenue and reduced expenditure.
    2024/03/25 15:06
  • Taichung battles rising costs amid electricity price hikes

    Taichung Mayor Lu Shiow-yen addresses the impact of rising electricity prices on the city’s annual costs, emphasizing the need to safeguard public transportation and essential services from the effects of the 11% price hike set to take effect in April. The Taichung Metro company plans to mitigate the anticipated 14% increase through cost-saving and energy-efficient measures.
    2024/03/25 13:47
  • Taipower debunks myths about skyrocketing electricity bills

    Taiwan Power Company (Taipower) clarifies that specific household appliances do not lead to a monthly electricity bill increase of NT$10,000. Learn about time-of-use rates, energy-saving subsidies, and progressive billing for residential and business electricity consumption.
    2024/03/25 13:45
  • Taiwan holds steady on water prices amid economic debate

    Taiwan’s Minister of Economic Affairs, Wang Mei-hua, addresses concerns over potential water and electricity price hikes. Wang assures no immediate plans for water price increases and remains cautious on addressing the issue. Legislators advocate against compounding effects of electricity rate hikes and warn of potential inflation spikes. Discussions continue on balancing household electricity costs and industry consumption subsidies.
    2024/03/13 19:11
  • Taiwan mulls subsidies to offset electricity price hike

    Taiwan’s Minister of Economic Affairs Wang Mei-hua discusses ongoing discussions of the Electricity Pricing Working Group and potential budgetary subsidies amid pressure for an electricity price increase in April. The government seeks to balance the needs of citizens and enterprises as it navigates potential adjustments to electricity prices. Stay tuned for further updates on the final subsidy and price adjustment plan.
    2024/03/13 16:03
  • 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
  • Economic minister confirms electricity rate adjustments

    Minister of Economic Affairs Wang Mei-hua discusses electricity rate adjustments in Taiwan, emphasizing the impact on household usage below 330 kilowatt hours. Kuomintang Legislator Yang Chiung-ying opposes price hikes, proposing solutions to address citizen hardships amid inflation. Wang highlights considerations for nuclear power and renewable energy costs, amidst concerns over safety regulations and nuclear waste. Yang challenges Taipower’s deficits and criticizes passing on costs to residents through price increases.
    2024/03/07 17:23
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