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Taiwan to cut tariffs on 17 items from Paraguay
Taiwan’s Executive Yuan approved a draft to exempt tariffs on 17 items from Paraguay, including pork and wheat flour, under a trade agreement. This aims to boost economic ties.
2024/11/21 21:00
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Taiwan’s average salary hits NT$802,000 in 2024
104 Job Bank’s survey reveals Taiwan’s 2024 average salary at NT$802,000. The semiconductor industry leads with NT$1.035 million. Bonuses rise slightly amid economic recovery.
2024/11/21 15:24
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Finance minister reports record tax revenue growth
Taiwan’s Finance Minister reports a NT$400 billion tax revenue surplus for 2024, driven by economic growth. The surplus aids debt repayment, enhancing fiscal health.
2024/11/19 15:07
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Hsiao Bi-khim champions green finance at ABA conference
Vice President Hsiao Bi-khim stressed Taiwan’s commitment to green finance at the ABA conference in Taipei, focusing on decarbonization and sustainable development.
2024/11/19 09:58
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Housing loan subsidies for young buyers to end in 2026
The Ministry of the Interior announced the youth housing loan program will continue until July 2026, ending subsidies afterward. The initiative aims to ease mortgage burdens.
2024/11/13 17:29
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Survey: Over 93% of Taiwanese workers see AI as vital skill
Over 93% of Taiwanese office workers see AI as vital, with 51% already using it. The tech, finance, and media sectors lead in AI adoption, driven by efficiency and market demands.
2024/11/13 15:42
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Taiwan delegation gains support at COP29 summit
Taiwan’s delegation, backed by allies and the Ministry of Foreign Affairs, participated in COP29, marking a key step in global climate talks. National Tsing Hua University highlighted Taiwan’s upcoming carbon fee rates and the need to match Japan and South Korea’s policies. COP30 will focus on deep carbon reduction and green finance.
2024/11/12 10:17
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Keelung mayor urges KMT to focus on revenue act’s passage
Keelung Mayor George Hsieh urges KMT mayors to prioritize passing the Act Governing the Allocation of Government Revenues and Expenditures. He warns that disputes over allocation ratios could harm financial stability. Critics argue KMT’s amendments are unfair, but Hsieh emphasizes benefits for Keelung, including resources for tourism and parking solutions.
2024/11/11 11:27
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Kaohsiung mayor urges carbon fee support for industries
Kaohsiung Mayor Chen Chi-mai urges Taiwan’s central government to allocate carbon fees to support high-emission industries in reducing carbon output.
2024/10/21 16:00
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Finance minister announces crackdown on loan misuse
Finance Minister Chuang Tsui-yun announced the recovery of interest subsidies from over 300 violators of the New Youth Housing Policy. The government aims to curb misuse by adjusting loan terms and interest rates.
2024/10/17 09:46
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Taiwan’s premier addresses financial security concerns
Taiwan’s Premier Cho Jung-tai addresses financial security amid China tensions. He pledges collaboration with finance bodies to boost public confidence and cybersecurity.
2024/10/15 14:11
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Taiwan wages rise, outpacing inflation in 2024
Taiwan’s DGBAS reports a rise in real regular and total wages in 2024, outpacing inflation. Finance and insurance sectors lead with significant growth.
2024/10/14 17:44
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Finance ministry enforces mortgage insurance rules
The Ministry of Finance in Taiwan addresses concerns over banks tying mortgage insurance to loan approvals. It emphasizes compliance with regulations and monitors public banks.
2024/10/07 15:15
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Taiwan Lottery sales hit NT$125.1 billion, up 4.6% this year
The Taiwan Lottery has generated over NT$600 billion in surpluses since 1999, funding social welfare and health insurance. Sales in 2023 reached NT$125.1 billion.
2024/09/27 15:35
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MOF refutes claims linking loan program to property surge
Discover how Taiwan’s New housing loan program aids young homebuyers, as the Ministry of Finance clarifies its impact and addresses misconceptions about property transactions.
2024/09/05 10:34
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Janet Chia officially named chairwoman of Taipei 101
Discover how Janet Chia, a renowned Taiwanese figure, takes on the role of chairwoman at Taipei 101, aiming to boost its status as a global landmark. Learn about her plans and the support from the Ministry of Finance.
2024/09/03 17:22
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MOF keeps mum on state banks’ real estate lending capacity
Discover the latest on Taiwan’s real estate loan capacity as the Ministry of Finance oversees banks amidst a booming market, ensuring first-time homebuyers’ needs are met and rights protected.
2024/09/03 09:29
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Ko Wen-je defends office purchase, cites political precedent
Explore the controversy surrounding Taiwan People’s Party Chairman Ko Wen-je’s use of election subsidies to buy an office, amid debates on political funding practices.
2024/08/26 15:42
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MOF refutes claims of loan restrictions in state banks
Discover the latest on Taiwan’s real estate loan dynamics: The Ministry of Finance clarifies its stance on "loan restrictions" amid concerns of a surging market and regulatory scrutiny. Learn how banks are navigating these challenges.
2024/08/22 10:27
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TPP suspends Huang Shan-shan amid finance scandal
Discover the latest on the Taiwan People’s Party as it suspends Legislator Huang Shan-shan for three years and expels key finance members over campaign finance irregularities. Read on for full details.
2024/08/21 10:06
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Shin Kong, Taishin silent on potential merger talks
Discover the latest on the potential merger between Shin Kong Financial and Taishin Holdings, which could create Taiwan’s fourth-largest financial holding company. Read now for details on the discussions and their implications.
2024/08/20 15:29
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Finance minister announces major tax relief measures
Discover how Taiwan’s new tax exemptions for single renters and families aim to ease financial pressures, with insights on the latest income tax system updates and House Tax 2.0 policy changes.
2024/08/20 14:40
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President Lai unveils new strategies to fight fraud
Discover how Taiwan’s President Lai Ching-te plans to combat fraud with a new strategy involving interagency collaboration, technology, and public participation. Learn about the anti-fraud measures announced at a recent forum.
2024/08/20 13:39
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Finance minister defends amusement tax as key revenue source
Discover the latest on Taiwan’s amusement tax changes: Finance Minister Chuang Tsui-yun announces reductions for most entertainment taxes, while golf remains at 20%. Local governments gain the power to suspend taxes on sports and cultural events. Learn more about the implications for local revenue and industry development.
2024/08/08 10:50
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New measures for youth home loans announced by MOA
Discover how Taiwan’s Ministry of Agriculture is enhancing its loan process for young homebuyers, including stricter pre-loan reviews and a self-residency commitment, to prevent misuse and ensure benefits reach the intended recipients.
2024/07/01 17:52