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Discover how New Taipei City plans to enhance regional traffic with the potential prioritization of the Linkou Light Rail project, based on passenger thresholds and the impact of the TPASS1200 monthly pass.

Discover how Taiwan’s Ministry of Agriculture plans to address the egg oversupply by culling 1.8 million old hens monthly, aiming to stabilize the market and egg prices.

Discover the latest shifts in public approval for Taiwan’s city leaders, as revealed by a Global Views Monthly survey. New Taipei City Mayor Hou Yu-ih sees the highest dissatisfaction, while Taipei’s Chiang Wan-an enjoys a surge in approval. Explore the dynamic political landscape and how it reflects on local governance.

Discover the stark wage disparities in Taiwan’s workforce, as a Ministry of Labor report reveals over 153,288 workers earn less than NT$30,000 monthly, highlighting the economic challenges faced by low-wage workers.

Discover Taiwan’s new TPASS initiative for non-commuters, set to launch by the end of 2024. Aimed at encouraging public transport use, it offers flexible options beyond the commuter-focused monthly pass.

Explore Taiwan’s commitment to enhancing public transportation with the TPASS monthly ticket policy, backed by a NT$20 billion investment from 2023 to 2025, aiming for nationwide coverage including offshore islands.

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.

Keelung City’s Youth Electric Scooter Project, initiated by Mayor George Hsieh, has relaxed application requirements to attract more participants. The project offers five monthly fee options and fully subsidizes certain scooter models. Applicants lined up early to apply for the initiative, which aims to distribute 12,000 electric scooters to residents under 45 years old.

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.

Taipei (TVBS News) — Taiwan People’s Party (TPP) chairman Ko Wen-je announces plans to open ＂Grassroot Cafes＂ in three locations across Taiwan. The cafes will feature vending machines for beverages and hot food, with monthly ＂Chairman Ko’s Forums＂ to be held. The move has drawn scrutiny over potential violations of the Political Parties Act, though TPP asserts the cafes will be managed indirectly. Ko Wen-je also outlines his 2026 election strategy, including expanding council seats and preparing for legislative turnover.

Taiwanese baseball star Yu Chang signs minor league contract with Tampa Bay Rays, earns Major League spring training invite. Chang’s renowned defense secures him a monthly salary of US＄36,000, with potential bonuses doubling from previous year. Rays’ inviting atmosphere and promise of US＄1 million annual salary upon promotion entice Chang’s decision.

Hsinchu County Government announces a monthly wage subsidy of NT＄10,000 for bus drivers on its routes from January to December 2024. The decision aims to address challenges faced by urban bus operations in Taiwan and reduce employee turnover. The subsidy is intended to help recruit talent and ensure the rights of citizens using public transport. Hsinchu County hopes to alleviate the severe shortage of workers in the public bus industry through this measure. The subsidy will be reviewed every three months.

Renowned restaurant Din Tai Fung and the Taipei City Government are partnering for a massive recruitment event, offering 150 vacancies with salaries up to NT$57,000. The job fair will take place on Feb. 24 at the Taipei Youth Salon. Over 90% of the positions are open to applicants without prior work experience, as part of Din Tai Fung’s efforts to invest in talent recruitment, salary welfare, and training. The available positions include catering service specialists, cashiers, restaurant tidying staff, pastry apprentices, chefs, dish quality inspectors, dishwashers, and in-store timing staff. Part-time workers can earn up to NT$240 an hour on weekends. Salaries start at NT$48,000 for waitstaff, with the potential to reach NT$55,000 after assessments. Chefs have the opportunity to make up to NT$57,000. The average monthly salary from previous recruitment drives with Din Tai Fung is NT$40,000, and many companies have increased salaries due to labor shortages caused by the pandemic. The catering industry has seen a rising salary trend, with Din Tai Fung increasing salaries by 3% to 6% in 2023, totaling a 16% increase over three years. This recruitment drive is open to talents in Taipei, New Taipei, Hsinchu, Taichung, and Kaohsiung.

Taiwan Semiconductor Manufacturing Company (TSMC) has announced that its Japan subsidiary, JASM, will construct a second wafer fabrication plant by the end of 2024. The plant is expected to be operational by the end of 2027. With support from the Japanese government, TSMC plans to begin production at its first JASM wafer fabrication plant in 2024, with a total investment exceeding US＄20 billion. The construction of the second plant is driven by increasing customer demand. The expansion aims to optimize JASM’s cost structure and supply chain efficiency, resulting in increased production. Once both plants are operational, JASM’s Kumamoto wafer fabrication plant will have a monthly capacity of over 100,000 12-inch wafers. The Japan fab will offer process technologies ranging from 40nm to 6nm, catering to automotive, industrial, consumer, and high-performance computing applications. TSMC also mentioned that capacity planning can be adjusted based on client requirements. The Kumamoto wafer plant is expected to create more than 3,400 high-tech professional jobs.

Kuomintang (KMT) legislator Han Kuo-yu has been elected as the speaker of Taiwan’s Legislative Yuan, with Johnny Chiang as his deputy. As speaker, Han is responsible for maintaining order in the legislative body and overseeing legislative matters. According to the ＂Act Governing the Discipline of Legislators,＂ Han’s monthly salary is equivalent to that of central government department heads, amounting to NT$346,960, with an additional special remuneration of NT$79,100. Johnny Chiang, as deputy speaker, will earn a monthly salary of approximately NT$229,860. Legislators in Taiwan receive an average monthly salary of about NT$190,500, along with an annual bonus equivalent to 1.5 months’ salary. Han’s role grants him decisive power in the event of tied votes or disputes over legislation, giving him a significant role in shaping future policy.

Taiwan’s Financial Supervisory Commission (FSC) has fined Taichung Bank NT$12 million for ineffective internal control systems and violations of banking regulations. The bank’s chairman, Wang Kuei-fong, allegedly diverted NT$1 billion in public funds, resulting in his arrest and bail set at NT$15 million. The FSC discovered that Taichung Bank’s insurance subsidiaries had close ties to specific credit customers and their related companies, leading to questionable trading decisions and unsatisfactory internal controls. Wang will be suspended for three months and may face additional fines. The issue was uncovered during a financial inspection in February 2023. Taichung Bank had been leasing aircraft since 2020 to expand overseas business, but neglected their utilization for 13 months, leading to inappropriate decision-making. The bank also leased high-priced official cars for VIP pickups at a monthly rate of NT$820,000, but the vehicles were only used twice during the lease period, raising concerns about cost-effectiveness.

The Taiwan High Speed Rail Corporation (THSRC) plans to recruit over 100 new talents, including maintenance technicians, engineers, and professionals in various fields. Generous offers include a monthly salary of up to NT$48,000 for electrical and signal maintenance technicians. The corporation provides comprehensive employee benefits, such as allowances and subsidies for food, clothing, accommodation, transportation, education, and entertainment. New employees will undergo three to six months of comprehensive training and must pass an assessment before starting their shifts. The THSRC also offers educational training opportunities for employees to complete professional training effectively and safely.

Taiwan’s Minister of Transportation and Communications, Wang Kwo-tsai, has confirmed that EVA Air will address the issue of Lunar New Year flight cancellations independently. The airline had initially reduced the number of air tickets from 38,000 to 33,000 per day, resulting in a daily cancellation of 5,000 tickets. After weeks of negotiations, EVA Air and its pilots’ labor dispute reached a settlement with the coordination of Vice Premier Cheng Wen-tsan. The pilots’ union initially demanded a 20% pay raise, but EVA Air agreed to an increase in addition to the previously announced wage adjustment. The new arrangement includes additional monthly payments for pilots, senior deputy pilots, and deputy pilots. The airline has also agreed to revise the annual salary increase limit.

EVA Air’s shares rose over 5% in early trading after reaching an agreement with the Taoyuan Union of Pilots (TUP), ensuring no strikes during Lunar New Year. Lion Travel, Phoenix Tours, Richmond Tours, Life Tour, and China Airlines also saw a 2% increase in share prices. The labor agreement includes a monthly salary increase of NT$13,500, increased allowances, no direct hiring of foreign pilots, and no disputes on these points until May 31, 2026. The agreement is seen as a compromise to protect passenger rights. EVA Air did not comment on the impact on future profitability.

EVA Air and the Executive Yuan have reached a four-point agreement, including wage increases for pilots and co-pilots, and a commitment not to strike until May 31, 2026. EVA Air recently gained the right to strike and announced two warning periods. The agreement also stipulates that EVA Air will not hire foreign pilots directly without approval from the Ministry of Labor and Civil Aviation Administration. The Taoyuan Union of Pilots emphasized that their goal is not to exercise dispute rights, but to foster cooperation, trust, and equality within the company.

Taiwanese conscripts have expressed concerns that their monthly earnings still fall short of the country’s basic labor wage despite a recent salary increase. Privates, the lowest military rank, now receive a monthly salary of NT$26,307, including insurance and meal expenses. However, this amount is still lower than the standard basic labor wage of NT$27,470. Last year, President Tsai Ing-wen extended the mandatory conscription period to one year, and the wage adjustment for privates gained significant attention. Under the new system, privates can earn up to NT$20,320, consisting of a base wage of NT$10,130 and an additional NT$10,190 for specialized skills. In addition to their salary, they also receive military insurance (NT$1,240), national health insurance (NT$1,839), and a meal allowance (NT$908), bringing the total payment to NT$26,307. The first batch of 670 army conscripts for the one-year service started their eight-week entry training on January 25. Taipei City Mayor Chiang Wan-an encouraged the privates to form sincere friendships, develop disciplined habits, and cultivate a sense of responsibility during their military life.

Marketech International Corp., a semiconductor giant, is set to achieve new operational heights through factory expansion and the promotion of new business ventures, including 2-nanometer projects and advanced packaging. With high-profile orders exceeding NT＄60 billion, the company anticipates robust financial health and ambitious expansion plans. In December 2023, Marketech achieved a record monthly growth rate of 12.7% and an annual surge of 13.8%, with consolidated revenue reaching NT＄5.63 billion. Furthermore, the company’s accumulated annual consolidated revenue in 2023 reached NT＄56.28 billion, marking a growth of 11.7%. These impressive results position Marketech as an emerging player in the global semiconductor market, poised for future growth and expansion through advanced technological strategies.

Taiwan is set to increase its minimum wage for 2024, benefiting approximately 2.39 million workers. Monthly basic wages will rise from NT$26,400 to NT$27,470, a 4.05% increase, benefiting 1.79 million workers. Hourly wages will also see a boost from NT$176 to NT$183, benefiting around 600,000 workers. The changes will affect labor insurance premiums, with employers bearing an extra cost of NT$2,307, workers contributing NT$659, and the government chipping in NT$329. This marks an increase of NT$89, NT$25, and NT$13, respectively, compared to the existing system. The adjustment will also impact the categorization of labor insurance premiums and retirement monthly contributions schedules. While the wage hike will increase labor costs, it provides an important boost for workers in challenging economic times.

Jen Mei-ling, wife of Kuomintang’s (KMT) presidential candidate Hou Yu-ih, clarified that a building being claimed as their own is actually a legacy from her father and not part of Hou’s property. The building has become a topic of discussion in the upcoming 2024 elections due to its high rent and proximity to Chinese Culture University. Jen stated that the property has over 50 vacant houses, which will be used to provide rent subsidies for low-to-moderate-income families and young students through donations. After the leases expire in June 2026, the plan is to convert the property into social housing for the youth and communal accommodations for rent. Initially, the building was leased and managed by Shin-Kong Life Real Estate Service Co., Ltd., with rental prices determined by Shin Kong Life Insurance. Jen announced that the vacant apartments will be subsidized for young families with an annual income of less than NT$1.33 million and a per capita monthly income below NT$56,000. Existing tenants can also apply for the subsidy, with rates of NT$6,400 for single rooms and NT$7,000 for two-person rooms per month. In her public letter, Jen addressed the accusations, highlighting Hou’s integrity during the election process and apologizing for the family issue.

Taiwan Taxi Company has clarified that all fees charged to its drivers comply with regulations and have been reported to the responsible authorities. The company defended itself against recent allegations of unlawfully collecting excessive profits from drivers. It stated that all charges are transparent and published on its website. Among the controversial charges are fees for corporate invoices, Easycard processing, and duties. Accusers also claimed that drivers are required to install televisions in their passenger seats to play advertisements, including those featuring actress Ruby Lin, on behalf of Thermage FLX, without receiving compensation. Taiwan Taxi stated that it is undergoing a digital transformation and developing new platforms, with the vehicles’ media players serving functions beyond playing advertisements. The company reassured its drivers that the digital transformation would not increase management costs for them, emphasizing that their monthly charge has not been raised in nearly 20 years.