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  • Taiwan Power says nuclear alone can’t ensure stable supply

    Taiwan Power Co. states nuclear energy alone can’t ensure stable power amid financial losses from high fuel prices. Plans include diverse energy sources.
    2025/05/02 12:00
  • Taiwan cities propose tax relief for tariff victims

    Taichung Mayor Lu Shiow-yen and New Taipei Mayor Hou Yu-ih discuss the U.S. tariff’s impact on Taiwan’s industries, highlighting potential losses and proposed solutions.
    2025/04/08 17:32
  • Experts warn of inflation risk from April electricity hike

    Taiwan braces for an April electricity price hike to address TaiPower’s financial losses. Experts warn of inflation risks and impacts on the Consumer Price Index.
    2025/03/25 15:34
  • Taipower’s financial woes prompt subsidy discussion

    Taiwan’s economic minister addresses Taipower’s financial losses, stressing the need for subsidies. An electricity price hike may affect consumers.
    2025/03/24 11:25
  • Taiwan reports NT$1.46 billion lost to scams in one week

    Taiwan reports NT$1.46 billion in scam losses from March 9-15, with investment scams leading. The "165 Anti-Fraud Dashboard" offers tips to protect finances.
    2025/03/17 10:17
  • TSMC February revenue hits NT$260.09B, up 43.1% yoy

    TSMC reports February revenue of NT$260.09 billion, an 11.3% drop from January but a 43.1% rise year-over-year. Despite earthquake impacts, TSMC maintains its financial outlook.
    2025/03/10 17:00
  • Chunghwa Post prevents NT$896M in fraud losses

    Chunghwa Post reported preventing NT$896 million in losses by intercepting 2,281 fraud cases in 2024. It plans to enhance fraud prevention with tech and partnerships.
    2025/03/04 21:00
  • Taiwan sees surge in scams ahead of Lunar New Year

    Taiwan faces a surge in scams ahead of Lunar New Year, with 3,498 cases reported in a week. Fake investment scams lead, causing NT$15.1 billion in losses. Stay vigilant.
    2025/01/20 10:44
  • Economics minister urges Taipower to avoid price hikes

    Minister J.W. Kuo addresses concerns over potential electricity rate hikes in Taiwan, urging Taipower to avoid price increases despite financial challenges and budget cuts.
    2024/12/25 10:09
  • 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
  • Premier Cho seeks NT$100 billion to aid Taipower losses

    Taiwan’s Premier Cho Jung-tai reports Taipower’s NT$409.7 billion loss due to fuel price surges. A proposed NT$100 billion budget aims to subsidize electricity costs.
    2024/11/19 13:09
  • Taipower urged to end reliance on government subsidies

    Discover how Taiwan’s new Economic Affairs Minister, J.W. Kuo, advocates for Taiwan Power Company’s financial independence, challenging the current reliance on government subsidies amid significant losses.
    2024/06/07 10:26
  • Taiwan’s MOEA to aid Taipower’s budget crisis

    The Minister of Economic Affairs, Wang Mei-hua, plans to help Taiwan Power Company (Taipower) seek budgetary support from the Executive Yuan to alleviate its financial distress. Taipower reached out to the Ministry of Economic Affairs (MOEA) for assistance, citing escalating international fuel prices caused by the Russia-Ukraine war. Other global power companies, such as Korea Electric Power Corporation (KEPCO), Tokyo Electric Power Company (TEPCO), and Électricité de France (EDF), have already experienced significant price hikes. Taipower’s rates are relatively low compared to the cost of power generation, resulting in policy-driven losses. As of 2023, Taipower has accumulated losses of NT$382.6 billion due to absorbing price increases to protect Taiwan from global inflation. The MOEA disclosed that Taipower and the CPC Corporation have discrepancies in predicting natural gas prices, leading Taipower to observe international coal prices for cost estimates in 2024. While mitigating Taipower’s financial woes in the short term poses challenges, Wang aims to prevent further losses. The MOEA will assist Taipower in lobbying the government for budget support once financial situation estimates are finalized. The decision to adjust electricity prices will be made by the Electricity Price Review Committee.
    2024/01/23 13:09
  • Taiwan CIB nabs 20 in SMS phishing scam crackdown

    The Criminal Investigation Bureau (CIB) has apprehended 20 suspects and seized 15 illegal operations involved in a smartphone SMS phishing scam in Taiwan. The "Info Thunder Project" was deployed to combat the scam, which sent out an average of 4,000 to 5,000 fraudulent text messages per day. The criminal syndicate posed as representatives from legitimate entities, such as the Taiwan Water Corporation and telecom companies, to deceive recipients with misleading alerts. The fraudsters enticed victims to click on malicious links and enter their credit card and bank account details. The CIB’s intelligence analysis team conducted comprehensive studies of phishing cases, leading to the arrests. Evidence seized in two operations includes modem pools, mobile phones, SIM cards, computers, Wi-Fi routers, and application forms for phone numbers. Director-General Chou Yu-wei urged the public to remain vigilant against suspicious text messages and to refrain from clicking on dubious links. The police will continue to dismantle these fraudulent networks and protect citizens from cyber threats.
    2023/12/12 16:57
  • KMT candidate blasts DPP, Taipower for Kaohsiung blackouts

    KMT candidate criticizes DPP and Taipower for power outages in Kaohsiung. Outages disrupt transportation and businesses. Candidate questions DPP’s energy policies and financial losses. Concerns raised about impact on major industries.
    2023/11/22 20:23
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