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DPP lashes at KMT legislator for alleged treason
The spokesman for the Democratic Progressive Party’s presidential candidate accuses a Kuomintang legislator of treason for allegedly leaking sensitive submarine information to a foreign country. The spokesman criticizes the KMT for obstructing the defense budget and the party’s presidential candidate for avoiding the issue. The accused legislator denies the accusations and claims no personal benefits were sought.
2023/10/02 19:18
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Ko Wen-je wants 13-year compulsory education policy
Presidential candidate Ko Wen-je of the Taiwan People’s Party has proposed a comprehensive 13-year education policy that includes expanding compulsory education to children as young as 5 and increasing the kindergarten budget by NT$15 billion annually.
2023/09/28 19:34
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Mayor Chiang Wan-an reviews Taipei’s flood control plan
Taipei Mayor Chiang Wan-an attended a Municipal Administrative Meeting on Tuesday, (Sept. 5). During the pre-meeting press interview, Chiang addressed questions regarding flooding issues in Taipei and requested budget allocations from the central government.
2023/09/05 17:20
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Taiwan seeks creative measures to adapt to extreme weather
As extreme weather sets to become the new normal, Taiwan sees an increased frequency of heavy rainfall. Authorities are taking creative and budget-friendly measures to improve cities’ capacity to handle sudden rain showers.
2023/09/04 19:08
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Small-sized perfumes gain traction as luxury spending dips
Most customers are tightening their wallets amid financial uncertainty, showing less inclination to spend significantly on luxury items but displaying interest in budget-friendly goods, such as perfumes.
2023/08/29 16:26
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Hou’s US visit costs covered by campaign office: city gov’t
The New Taipei City government clarified on Friday (Aug. 5) that no public budget was used to cover the expenses for Hou Yu-ih’s visit to the U.S.
2023/08/25 22:37
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Ex-US defense secretary: Taiwan should boost defense budget
Rising cross-strait tensions have become a concern for many democracies around the world. As China increases its military drills surrounding Taiwan, former U.S. Defense Secretary Mark Esper advises Taiwan to boost its defense budget to enhance asymmetric warfare capabilities.
2023/08/25 17:48
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Executive Yuan approves NT$2.88 trillion budget for 2024
The Executive Yuan Council approved the 2024 annual budget of around NT$2.88 trillion on Thursday (Aug. 24), reflecting an increase of NT$192.7 billion from the previous year, with the labor insurance subsidies being increased from NT$100 billion to NT$120 billion.
2023/08/24 19:08
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Taiwan’s 2024 national defense budget to reach NT$606.8B
TAIPEI (TVBS News) — President Tsai Ing-wen said Monday (Aug. 21) that Taiwan’s national defense budget will reach a record high of NT$606.8 billion at the briefing of 2024’s government budget.
2023/08/22 17:01
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Chen denies bias in infrastructure budget allocation
Taiwan Premier Chen Chien-jen dismisses claims of partisan favoritism in allocating the Forward-looking Infrastructure Development Program budget, emphasizing bipartisan objectives and resource-poor district assistance.
2023/08/13 13:47
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Rising costs and demands could prompt 2024 NHI premium hike
Taiwan’s highly praised healthcare system is facing financial challenges due to inflation and an aging population. The increase in medical expenses and the rising global budget of the National Health Insurance (NHI) has led experts to fear a potential rise in the premium rate next year.
2023/07/19 07:05
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NT$30 billion rental subsidy to help ease financial burdens
The central government has expanded its rental subsidy program, allocating a budget of NT$30 billion. The application period commenced on Monday (June 3) and will conclude at 5 p.m. on Dec. 31 next year.
2023/07/05 16:01
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Taiwan’s youth see bright future in real estate investment
Young adults in Taipei City who aspire to purchase a home often require meticulous budget planning and sometimes rely on support from family members.
2023/05/07 16:45
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Cost of living in Taiwan leaves young adults with no savings
As a young adult in Taipei City, monitoring daily expenses is necessary to stay within budget.
2023/04/11 16:42
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Taiwan’s Military Police faces backlash over new motorcycles
As Taiwan’s military spending increases amid an unstable situation across the Taiwan Strait, concerns are mounting over the Legislative Yuan budget plan.
2023/03/15 15:23
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Keelung MRT budget questioned as construction costs surge
As the construction budget surges, Taipei is now responsible for paying NT$5.7 billion towards the Keelung MRT project.
2023/03/08 18:44
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Taiwan nationals to receive NT$6,000 cash rebate in April
Taiwan’s Executive Yuan has approved a budget of NT$6,000 for each citizen and eligible foreign nationals in the hopes of providing economic relief in the wake of the soaring costs of living.
2023/02/24 20:46
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Special budget to build homegrown submarines to be expanded
According to reports, the Ministry of National Defense is preparing a special budget plan for the production of seven additional domestically-built submarines, with a budget exceeding NT300 billion in the latter half of this year.
2023/02/12 14:06
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Taiwan aims to boost tourism revenue as travel resumes
Taiwan’s export industry’s performance this year has yet to see high numbers. However, the Directorate-General of Budget, Accounting and Statistics (DGBAS) estimates that the growth in private consumption will exceed 5%, taking the lead in the country’s economic performance.
2022/12/26 10:43
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Students deem removal of Chiang Kai-shek statues unnecessary
The Ministry of the Interior aims to remove what they consider "symbols of authoritarianism" nationwide. It is offering a NT$100,000 subsidy for removing any Chiang Kai Shek or Chiang Ching-kuo statues. The Ministry of the Interior encourages schools, county, and city authorities to remove these statues.
2022/12/12 19:00
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Taiwan allocates NT$200 million for Arts Fun vouchers
Taiwanese youth above 18 years old will likely receive NT$1,200 worth of Arts Fun vouchers as early as next year to encourage them to spend on arts and culture, according to the Ministry of Culture.
2022/10/25 19:54