Minister of Economic Affairs 結果共37筆

Taiwan’s Minister of Economic Affairs, Wang Mei-hua, has promised to address a tax cut for young workers in continued negotiation with the Ministry of Finance. Kuomintang (KMT) Legislator Yang Chiung-ying has highlighted concerns over low salaries in Taiwan, noting that the median wage is NT＄42,000, the lowest among the Four Asian Tigers. To address this issue, Yang has suggested increasing the age for tax incentives for small and medium-sized enterprises (SMEs) hiring young employees from under 24 to under 30. This policy change, according to the legislator, could significantly help young people struggling with low wages. In response, Wang stated that the government would discuss the proposal with the Ministry of Finance and emphasized their efforts to reduce taxes to tackle the issue of low wages for young workers.

Taiwan’s Ministry of Foreign Affairs (MOFA) has confirmed ongoing discussions for the establishment of a representative office in Estonia. While the move is significant for strengthening ties between the two nations, a shared consensus has not yet been reached. MOFA expressed gratitude towards the Estonian Government for engaging in continued negotiations and displaying an open approach. They emphasized the shared values of freedom and democracy that unite Taiwan and Estonia. Estonia’s government has reportedly agreed to allow Taiwan to establish an economic or cultural representative office in Tallinn under the name ’Taipei.’ MOFA stated that they will respond to foreign media reports of Taiwan’s Foreign Minister visiting Estonia at an appropriate time. The ministry highlighted the stable development of the bilateral relationship, citing the Estonian health minister’s support for Taiwan at this year’s World Health Assembly. Estonia is seen as a valued partner with common principles, highlighting the potential for deepening ties in future diplomatic endeavors.

KMT legislator Fei Hung-tai demanded responses from Premier Chen Chien-jen and Minister of Economic Affairs Wang Mei-hua regarding the potential impact of terminating the Economic Cooperation Framework Agreement (ECFA) on Taiwan’s industries. Chen stated that the main industries affected would primarily be petrochemicals, textiles, machinery, and automobile parts.

Economic Affairs Minister Wang Mei-hua refutes rumors of the government selling its stake in TSMC, reaffirming strong support for Taiwanese companies and the nation’s commitment to TSMC’s continued success.

The Minister of Economic Affairs, Wang Mei-hua, has refuted online rumors that the government plans to sell shares of Taiwan Semiconductor Manufacturing Co. (TSMC). In fact, the government has been increasing its stake in TSMC, with the National Development Fund of the Executive Yuan owning major shares. The National Development Council (NDC) has also clarified the situation. Minister Wang emphasized the importance of TSMC in Taiwan’s economic development and the government’s continuous support for the tech giant.

Taiwan’s Minister of Economic Affairs, Wang Mei-hua, expressed concerns about maintaining a 2% GDP growth rate this year despite signs of economic recovery. She cited external factors such as inflation, the Russia-Ukrainian war, and the Israeli-Palestinian conflict as global market influences. However, Wang emphasized that Taiwan’s innovation and efficiency are key advantages that can withstand external economic pressures. The National Development Council also reported a slight improvement in economic measures, indicating subtle growth amidst global adversity. Despite challenges, Taiwanese authorities and stakeholders remain cautiously optimistic and ready to leverage the nation’s inherent strengths.

Taiwan’s National Development Council Minister Kung Ming-Hsin highlights TSMC’s readiness to establish a factory in Germany after the recent approval of its plans by the Investment Commission of the Ministry of Economic Affairs.

Minister of Economic Affairs Wang Mei-hua confirmed on Thursday (Oct. 26) that an area at the Central Taiwan Science Park in Taichung (CTSP) has been reserved for the use of Taiwan Semiconductor Manufacturing Company (TSMC). ​​​​​​​She explained that TSMC will decide further details of the plans. Earlier in October, TSMC scraped third-phase plans to move into the Longtan Science Park in Taoyuan in a public statement following strong protests from residents. 

Taiwan’s Minister of Economic Affairs emphasizes the importance of key tech industries to the country’s economy and the need to protect them from corporate espionage. The high-tech sector in Taiwan has attracted attention from mainland China, resulting in the headhunting of Taiwanese tech talent. In response, Taiwan amended its National Security Act to impose stricter penalties for theft of business secrets. Additionally, Taiwan’s industrial production index has declined for 16 months, but there are signs of increased demand in the AI industry chain. Despite uncertainties in consumer behavior and global economic recovery, industry feedback suggests potential growth in future quarters.

Taiwan’s Foreign Minister Joseph Wu announced the departure of 156 Taiwanese nationals from Israel while 147 chose to stay amid rising tensions. The Ministry of Foreign Affairs has also escalated its travel advisory for Israel to ＂orange＂ following a recent attack by Hamas.

Taiwan’s Minister of Economic Affairs, Wang Mei-hua, emphasized that the government’s goal to become nuclear-free by 2025 remains unchanged on Monday (June 12).

Taiwan’s Minister of Economic Affairs Wang Mei-hua announced on Monday (Dec. 12) that the MOEA has been allowed to continue providing up to NT＄7,000 in subsidies for electric scooter purchases.