Taiwan payments 結果共15筆

President Tsai Ing-wen inspected the newly renovated Chien Shih Camp, a key Military Police base in New Taipei, pledging continued support for the ＂Hsing An Project＂ and distributing bonus payments. The visit hinted at potential leadership transitions in the Taiwanese military.

Explore how Taiwan is leading the charge in mobile payment adoption, with over 12 million users benefiting from international collaborations like PXPay and PayPay. This shift towards digital transactions signifies a broader global expansion trend, enhancing consumer experiences and security.

Premier Chen Chien-jen addresses potential cash payments to the public in response to economic conditions for 2025 and 2026 during a Legislative Yuan hearing. Discussions highlight the government’s focus on National Health Insurance, labor insurance, and subsidies for Taiwan Power Company, with implications for Taiwan’s social policy and fiscal decisions in the future.

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.

The Taiwan High Speed Rail (THSR) has announced that it will now accept credit card payments for on-board ticket upgrades, push-cart sales, and station bento counter services. Passengers can also use their Easycard or iPASS to purchase items from the pushcart and high-speed rail bento boxes. However, THSR advises that Easycard and iPASS are only suitable for small payments, and on-board ticket upgrades should be paid for with a credit card or cash. Furthermore, THSR will be introducing a new hot beverage called ＂Taiwan Sugar Highland Small Farmer Coffee＂ on January 1, 2024. This coffee, made with beans from the Guatemala Antigua region, will be available from the first to the seventh day of each month, while illy coffee will be served on other days. THSR also cautions that unstable internet connections on board may cause credit card transactions to fail and asks for passengers’ understanding.

Kaohsiung City Government’s Finance Bureau has become the first in Taiwan to be granted the qualification to issue green bonds, with a total amount of NT＄2 billion. This move is expected to save on interest payments and enact sustainable environmental practices without increasing the city’s debt. The green bonds will fund green investment projects, encompassing renewable energy development, enhanced energy efficiency, and reduction of greenhouse gas emissions. These bonds, totaling NT＄2 billion, will utilize their low, fixed interest rates to replace existing higher-interest bank loans, ensuring resources are invested in low-carbon construction. Under Mayor Chen Chi-mai’s leadership, the city has reduced its debt by NT＄10.6 billion by the end of 2022, surpassing the goal of a NT＄10 billion reduction. Kaohsiung aims to continue strengthening its financial and environmental sustainability and implement comprehensive net-zero policies as it works toward a 2050 net-zero goal.

According to a recent survey by Yes123 job bank, 71% of Taiwanese workers expect to receive a year-end bonus, with 21.1% predicting a larger payout compared to last year. Dissatisfaction with bonus amounts could lead 64.2% of office workers to consider resigning. However, 70.9% of employees anticipate receiving their 2023 bonus before the 2024 Lunar New Year holiday, which is a five-year high. Reasons for not expecting a bonus include company profit declines (15.8%), non-full-time employment status (5.2%), insufficient tenure (4.7%), and personal performance (3.4%). Among those expecting a bonus, 18.6% believe they will receive less than last year, while 60.3% expect a similar amount. The main intended uses for the bonuses are savings (45.5%), honoring parents (43.2%), loan payments (40.5%), handing out red envelopes (39.3%), and investing (31.4%). Workers believe that the ideal distribution of bonuses should be proportionate to personal performance (41.9%), equitable for all employees (32.6%), or tied to company profit (25.5%). Factors that could impact the size of year-end bonuses include company profits (69.2%), personal performance (52.3%), moods of bosses or major shareholders (51.4%), years of service (50.4%), job rank (26.7%), and relationships with bosses or supervisors (25.5%).

Taiwan’s Social Protection Expenditure (SPE) for 2022 has reached a new high of NT$2.5342 trillion, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS). This represents a 4.9% growth rate and an increase of NT$118.1 billion compared to the previous year. The DGBAS attributes the significant growth to factors such as increased costs related to COVID-19 vaccine procurement and vaccination efforts, higher National Health Insurance payments, and increased funding for childcare allowances and educational subsidies. Social security spending in Taiwan aims to mitigate risks or burdens associated with aging, disabilities, survivors, sickness and healthcare, childbirth, family and children, unemployment, occupational injuries, and housing, following the standards of the International Labor Organization (ILO).

Investment trust companies in Taiwan, such as Jih Sun Investment Trust, Yuanta Investment Trust, Allianz Investment Trust, Taishin Investment Trust, First Investment Trust, and Cathay Investment Trust, are currently offering time-limited promotions that waive fund handling fees. These promotions, aimed at taking advantage of a bullish global financial market, include 0% transaction fees for regular savings plans and single payments. By focusing on Taiwan stock funds and funds invested in Vietnam, global industries, technology, and multi-asset classes, these companies are providing investors with opportunities to reduce investment costs. With an estimated profit of NT＄3.4 trillion for Taiwan’s listed companies in 2024, a potential growth of 10% to 20% compared to 2023, and strong performance expected in the fourth quarter, the investment landscape in Taiwan looks promising.

A new poll by My Formosa reveals that support for the Democratic Progressive Party’s (DPP) Lai-Hsiao ticket has decreased to 37.8%, while the Kuomintang’s (KMT) Hou-Kang ticket is close behind at 32.6%. The Taiwan People’s Party’s (TPP) Ko-Ying ticket has seen an increase in support, rising to 17.3%. The poll reflects public concern over Lai Ching-te’s alleged illegal building and potential tax evasion issues, which he has addressed emotionally in public and during TV interviews. In contrast, Hou Yu-ih’s housing policy, which aims to eliminate down payments for young homebuyers, has sparked significant social debate. This poll is part of an extended series of surveys conducted from July 17, 2023, to Jan. 12, 2024, with each wave occurring every three days. The sampling process involved the use of landline numbers from Chunghwa Telecom’s residential phonebook, employing stratified random sampling matched by proportional allocation, and incorporating a technique to randomly substitute the last two digits to avoid excluding unregistered numbers. The poll reached 1,201 respondents, achieving a 95% confidence level with a maximum sampling error of ±2.8%.

Launch Technologies Co., a golf manufacturer in Pingtung, Taiwan, has reached a severance agreement with 204 of its local workers following a layoff plan submitted last month. The company, which suffered a significant explosion at its factory in September, has also helped some employees find new jobs and provided them with generous severance pay. The Ministry of Economic Affairs has pledged to closely monitor the labor rights of the affected workers. The factory buildings remain closed and operations will only resume after third-party verification of their structural safety. Launch Technologies has established an internal legal team to compensate the impacted employees and has committed to continuing salary payments through the end of the year.

Taiwan’s Premier Chen Chien-jen has approved a subsidy plan for university students, providing NT＄5,000 per semester for on-campus students and NT＄7,000 per semester for disadvantaged students. The plan, discussed in a joint meeting between the Ministry of Education and the Ministry of the Interior, will be implemented starting in February 2024. Originally, the plan called for monthly payments, but it was decided that a per-semester scheme would be more appropriate. The subsidies will be adjusted to a standard NT＄5,000 per semester, with an additional NT＄2,000 for disadvantaged students, and will become routine remittances. The cost of the plan is projected to be nearly NT＄2.8 billion annually, paid from the Ministry of the Interior’s housing fund. Approximately 275,000 university students are expected to benefit from this plan, pending ratification at the upcoming Executive Yuan meeting. Premier Chen emphasized that the government is strategically committed to enhancing support and well-being for the nation’s university students.

Explore the revolutionary TWQR system in Taiwan, a milestone in electronic payments. TWQR unites various payment providers, offering seamless QR code transactions and a unified payment experience for consumers and businesses. Dive into how this innovative platform is shaping the future of digital transactions in Taiwan.

Around 100,000 individuals in Taiwan haven’t claimed their NT＄6,000 from tax surplus and the deadline is fast approaching. This unclaimed amount totals about NT＄6 billion, despite nearly 23.39 million citizens having already claimed their money. The National Treasury Administration urges eligible citizens to act swiftly and cautions against sharing personal data through unsolicited calls or messages.

Taiwan’s rental housing market faces challenges due to global inflation, stagnant wages, and higher living costs. Renters grapple with increased monthly payments amid limited wage growth. Find out how these factors impact the rental market.