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  • Premier Cho Jung-tai takes helm, focuses on Taiwan’s economy

    Discover how Taiwan’s new Premier Cho Jung-tai is tackling economic challenges with a focus on innovation and U.S. support on his first day in office. Read about the strategic meeting that sets the tone for future growth.
    2024/05/23 10:17
  • Taiwan’s new Cabinet needs to build public trust: TVBS Poll

    Explore the latest on Taiwan’s political landscape as Vice President Lai Ching-te and Premier Cho Jung-tai take office, promising to bolster Taiwan’s domestic and international standing amid divided public opinion.
    2024/05/20 19:54
  • Political tensions and natural disasters impact tourism

    Chu Chien-meng of the Development Association for Taiwan Tour Guide shares a bleak outlook for Taiwan’s tourism in 2023 due to unresolved political tensions with China and a new ban on group tours. The industry also faces challenges from recent natural disasters and legal issues, despite calls for more open policies to boost tourism and economic growth.
    2024/05/07 14:38
  • New and retained faces in Taiwan’s latest cabinet update

    Discover the latest updates on Taiwan’s new cabinet under President-elect Tsai Ing-wen and designated Premier Cho Jung-tai, including the retention of key deputy ministers across various ministries such as Finance, Economic Affairs, Culture, Environmental Protection, Labor, and the Digital Ministry, aiming to strengthen national policies and digital resilience.
    2024/05/06 17:29
  • Eased trade, travel restrictions to bolster ties: China

    China has announced the lifting of its ban on several agricultural and fishery products from Taiwan, signaling a potential thaw in cross-strait relations and fostering hopes for increased economic and cultural exchanges.
    2024/04/29 17:57
  • Lai urges China for dialogue with Taiwan’s elected gov’t

    President-elect Lai Ching-te calls for dialogue with China to enhance peace across the Taiwan Strait, emphasizing mutual respect and criticizing Beijing’s selective engagement with the opposition. Lai pledges to continue President Tsai’s policies, focusing on defense, economic security, partnerships, and stable cross-strait relations to promote regional stability and prosperity.
    2024/04/26 10:08
  • Officials face public dissatisfaction, survey shows

    The latest poll by My-formosa.com reveals high dissatisfaction rates towards Minister of Economic Affairs Wang Mei-hua, Minister of Digital Affairs Audrey Tang, and NCC Chairman Chen Yaw-shyang. Criticism is directed at the Tsai administration’s handling of inflation, fraud prevention, and green energy policies. Conducted through telephone interviews across Taiwan, the survey highlights public discontent with specific government departments and policies.
    2024/03/29 12:15
  • Natixis: Taiwan’s economy set for growth amid 2024 election

    The upcoming Taiwan presidential election is expected to have a significant impact on the country’s economic growth, according to a research report by France’s Natixis Corporate and Investment Banking company. The report suggests that regardless of the election outcome, Taiwan is poised for economic growth, with the consumer and tech industries leading the way. The research predicts that economic growth could increase from 1.2% in 2023 to 2.9% in 2024. While candidates share similar social and labor policies, the report highlights the major differences in their positions on industrial and energy areas, as well as Taiwan’s economic relationship with China. The report also mentions the potential role of Taiwan People’s Party (TPP) candidate Ko Wen-je in triggering legislative instability. The incumbent Democratic Progressive Party (DPP), leading in polls, is expected to continue pushing for diversified trade and investment policies, shifting focus from China to the U.S. and other Asian regions. However, achieving these targets may be challenging as Taiwan has missed out on regional trade and economic agreements such as RCEP, CPTTP, and the U.S.-led IPEF. If the Kuomintang (KMT) wins the election, they might seek closer trade and investment links with China by expanding the Economic Cooperation Framework Agreement (ECFA), according to Natixis.
    2024/01/06 17:16
  • Tsai Ing-wen defends economic policy against debt criticisms

    President Tsai Ing-wen defends her economic policies against accusations of creating future debt burdens, emphasizing that her administration’s actions are investments for the future. She asserts that her government has maintained fiscal discipline and reduced the country’s debt ratio, ultimately alleviating any excessive burden on future generations.
    2023/12/30 20:09
  • Lai Ching-te slams KMT’s outdated policies in 2024 debate

    In this story, Democratic Progressive Party (DPP) presidential nominee Lai Ching-te criticizes the outdated policy views of Kuomintang’s (KMT) presidential candidate, Hou Yu-ih, during a presidential debate. Lai emphasizes the need for abandoning outdated policies and upgrading past efforts to comprehend and master the rapidly changing world. He outlines his policy principles, including boosting national projects, enhancing defense, economic and democratic ties, and maintaining dignified, equal cooperation with China. Lai believes that the 2024 presidential election will determine whether Taiwan aligns with democracies or authoritarian entities, and he highlights that voting for him and his running mate Hsiao Bi-khim is the only option to continue collaborating with democratic allies.
    2023/12/30 19:17
  • President Tsai Ing-wen defends political approach

    President Tsai Ing-wen, at Zhonghe’s Haishan Palace, praised the adoption of her political approach by opposition parties and emphasized the suitability of DPP candidates Lai Ching-te and Hsiao Bi-khim for implementing her policies. She highlighted Taiwan’s significant export growth and infrastructure investment, and responded to opposition criticism on spending, ahead of the Jan. 13 elections.
    2023/12/28 19:56
  • Taiwan calls for WTO to resolve disputes with China

    Deputy Trade Representative Yang Jen-ni of Taiwan’s Office of Trade Negotiations (OTN) criticized China’s recent trade barriers against Taiwan, highlighting four major concerns. Yang pointed out that China’s investigation process is biased, unfair, nontransparent, and not in line with international norms. Documents such as applications, comments, respondent summaries, and non-confidential data were undisclosed or restricted to foreigners. Additionally, Yang condemned China for bypassing the Taiwan government during the investigation, prioritizing political objectives over economic ones. She also accused China of misinterpreting trade policies and creating a false narrative that Taiwan is unwilling to address disputes. Lastly, Yang criticized China for producing inflated and unverifiable data in its impact assessment, without solid evidence to support its claims. Yang urged China to abandon its one-sided political manipulation and suggested initiating consultations through the World Trade Organization (WTO) mechanism to resolve trade disputes.
    2023/12/21 21:34
  • KMT’s Jaw answers students’ ’1992 Consensus’ questions

    KMT vice presidential candidate Jaw Shaw-kong challenges the narrative of the "1992 Consensus," stating it was not used during cross-strait negotiations. He explains that the parties involved articulated their positions orally with no unified expression, and it was later that Su Chi introduced the term. Jaw also addresses the DPP’s stance on the "One China" policy, stating that the DPP urges Beijing to acknowledge "One China" as the Republic of China, a recognition unlikely from Beijing. He critiques the DPP’s performance over their 8-year tenure and suggests that the electorate could express dissatisfaction by transferring power to the KMT. Jaw acknowledges the contributions of Taiwanese businesses to China’s economic development and asserts that Taiwan could demand economic concessions from China. He questions the need for increased defense spending and extended conscription in Taiwan in the absence of an immediate threat, stating that conflict between the two sides should and must not occur.
    2023/12/20 11:05
  • Uber Eats Taiwan, Gogoro launch green delivery program

    Uber Eats Taiwan has partnered with electric scooter company Gogoro to launch a Green Delivery Program, aiming to promote sustainability in food deliveries. The program aims to increase the proportion of electric scooters in the Uber Eats fleet from 20 to 40 percent within two years. Gogoro’s swappable battery systems are already used in 26 percent of motorcycle logistics in Taiwan. The collaboration will provide a purchasing and battery subscription plan tailored for delivery partners, encouraging more riders to adopt green mobility. Uber Eats Taiwan aims to achieve zero emissions for global deliveries by 2040. The Ministry of Economic Affairs (MOEA) supports Uber Eats’ objective and will continue to advance subsidy policies to support green initiatives.
    2023/12/19 22:01
  • Taiwanese students excel in civic knowledge, OECD finds

    Taiwan’s Ministry of Education’s ’108 curriculum’ has brought about new educational outcomes, as noted by Premier Chen Chien-jen. The 2022 International Civic and Citizenship Education Study (ICCS 2022) by the International Association for the Evaluation of Educational Achievement (IEA) reveals that Taiwanese students have achieved top global rankings in civic knowledge, gender equality, and ethnic group equality. The government’s efforts to strengthen education through the new curriculum have also been recognized by the Organisation for Economic Co-operation and Development (OECD). Among 81 countries assessed, Taiwanese students ranked third in mathematics literacy, fourth in science, and fifth in reading. Premier Chen emphasized that these achievements highlight Taiwan’s exceptional students and demonstrate the nation’s commitment to investing in education. The OECD evaluation further solidifies Taiwan’s position on the world stage for educational accomplishments, showcasing the effectiveness of its educational policies and curriculum advancements. Premier Chen expressed confidence in Taiwan’s youth and the government’s education approach, stating that these high rankings represent a valuable investment in the future generations of Taiwan.
    2023/12/18 21:21
  • Hou vows to join key trade pacts, criticizes DPP inaction

    Kuomintang (KMT) presidential candidate Hou Yu-ih criticizes Democratic Progressive Party (DPP) opponent Lai Ching-te for lacking clarity on cross-strait economic and trade policies. Hou emphasizes the importance of maintaining trade with China and accuses the DPP of not participating in major trade agreements. He vows to join these agreements and secure Taiwan’s position in regional economics. KMT vice-presidential candidate Jaw Shaw-kong also criticizes the DPP for not engaging with mainland China and increasing banned items from China. He argues that the KMT is better equipped to initiate cross-strait dialogues.
    2023/12/18 21:15
  • Taiwan’s NYMCU joins forces with ACC for climate club

    National Yang Ming Chiao Tung University (NYMCU) has partnered with the American Climate Club (ACC) to establish the American Taiwan Climate Club. This collaboration aims to contribute to the global net-zero carbon emissions target by 2050. The two institutions have signed a memorandum of understanding (MOU) to develop international carbon standards and propose a white paper on environmental, social, and governance (ESG) policies. NYMCU is committed to raising global citizens with sustainability awareness and plans to integrate the 17 Sustainable Development Goals into its academics and research. The partnership also has the potential to pave the way for Taiwan’s engagement in international carbon trading and promote green economic growth. The American Climate Club, registered in Texas, collaborates with government agencies, carbon reduction technology firms, carbon quality monitoring, carbon asset services, and climate and carbon finance funds. The newly formed American Taiwan Climate Club will focus on climate education, international cooperation, carbon project investment, carbon advisory services, and policy research to strengthen climate protection efforts.
    2023/12/12 19:47
  • Hou Yu-ih pledges free after-school care for Taiwan’s youth

    Kuomintang (KMT) presidential candidate Hou Yu-ih has announced an extension of childcare policies, promising free after-school care services for elementary students aged 6 to 12. This initiative aims to double the current capacity of after-school care in public elementary schools from 180,000 to 360,000 children, with a focus on providing specialized care to children in rural areas and from disadvantaged backgrounds. Hou’s plan includes establishing after-school programs in public elementary schools to meet 100% of the demand, increasing student coverage from 15% to 30% and meeting the standard set by the Organization for Economic Co-operation and Development (OECD). The policy, guided by the "Three Safeties" principle, aims to ensure parental peace of mind, child safety, and stability for the disadvantaged. Extended care until 7 p.m. will be available during the school term and vacations. Additionally, the initiative seeks to expand private-sector participation in after-school care services by creating a matching platform to add over 20,000 new classes and increasing the proportion of outsourced after-school care to over 20%. The anticipated benefits of this policy include providing services to approximately 300,000 families, including 80,000 disadvantaged families, creating around 30,000 job opportunities, and strengthening the service capacity of private institutions.
    2023/12/12 13:56
  • Hou Yu-ih proposes balanced U.S.-China diplomatic ties

    Kuomintang (KMT) presidential candidate Hou Yu-ih proposes a pro-US and China diplomatic stance, diverging from incumbent President Tsai Ing-wen’s approach. Hou criticizes Tsai’s foreign affairs and cross-strait policies, blaming the Tsai administration for Taiwan’s diplomatic isolation, failure to join regional economic bodies, and lack of communication with China. Hou emphasizes adhering to the Constitution of the Republic of China, affirming the nation’s sovereignty, and proposing a balanced stance between fostering solid ties with the United States and engaging with Mainland China. He also highlights the importance of Taiwan being prepared and realistic about its defense, suggesting that the island’s security should not rely solely on promises from the US but on its efforts and pragmatic relations with democratic allies. Political commentator Jaw Shau-kong fiercely criticizes the Democratic Progressive Party (DPP) for being pro-US and anti-China, deeming Tsai’s policies on cross-strait relations and international diplomacy a complete failure. Jaw points out that despite Taiwan’s willingness to import American pork, the support has yet to translate into the U.S. helping with Taiwan’s entry into international organizations.
    2023/12/07 19:13
  • Kaohsiung Mayor Chen Chi-mai stresses election stability

    Kaohsiung Mayor Chen Chi-mai expresses confidence in the stability of the legislative and presidential election outlook for Kaohsiung, as it aligns with initial expectations. He emphasizes the need for cooperation between central and local governments and the legislature to promote infrastructure and urban economic development in the southern industrial city. Chen calls on candidates to build trust among voters by presenting positive visions and policies, particularly focusing on providing opportunities for newcomers to engage with the public. Democratic Progressive Party candidates are expected to propose policies for Kaohsiung’s development and Taiwan’s stability to gain public support. Chen highlights the importance of humility and self-reflection for political parties, urging them to acknowledge shortcomings and continue their efforts in areas of success.
    2023/12/07 16:27
  • Ko Wen-je aims for 10 seats in Legislative Yuan election

    Taipei Mayor Ko Wen-je, the presidential candidate for the Taiwan People’s Party (TPP), aims to win a total of 10 seats in the upcoming Legislative Yuan elections. He plans to maintain President Tsai Ing-wen’s foreign affairs policies while adopting a friendlier approach to cross-strait relations and emphasizing Taiwan’s self-defense capabilities. Despite his pro-Democratic Progressive Party stance, Ko aims for a non-partisan approach to governance, drawing on his experience as a physician. He believes that the key to his success lies in the turnout of young voters and aspires to make Taiwan a "normal country." Ko has been using his media platform, "KP TV," and participating in interviews to enhance his media presence. Cynthia Wu has been chosen as the vice-presidential candidate for the TPP. Ko hinted at the possibility of involving Terry Gou, founder of Foxconn, in the campaign after discussing economic policies with Gou’s team. While Ko did not provide specific vote estimates, he mentioned that around 5.5 million votes are needed to win the presidency. He also suggested that if the TPP and the Kuomintang (KMT) were to part ways, the Democratic Progressive Party (DPP) might gain a majority in the Legislative Yuan.
    2023/12/07 09:58
  • DPP spokesperson slams KMT, TPP stance on CSSTA

    The story discusses the criticism of the revival of the Cross-Strait Service Trade Agreement (CSSTA) by Democratic Progressive Party (DPP) spokesperson Chang Chih-hao. Chang argues that the CSSTA, an outdated agreement from a decade ago, could harm Taiwan’s interests. This statement was in response to calls from Kuomintang (KMT) presidential candidate Hou Yu-ih and Taiwan People’s Party (TPP) candidate Ko Wen-je to reopen the service trade pact with China. Chang criticizes the China-centric economic and trade policies of former President Ma Ying-jeou, which he believes led to an unbalanced cross-strait economic environment. He highlights the negative impact the CSSTA could have on Taiwan’s industries, jobs, and salary levels. Chang also points out Taiwan’s recent economic achievements, such as the stock market’s performance, while noting China’s high youth unemployment rate. The DPP supports healthy and fair cross-strait exchanges but emphasizes the importance of avoiding political motives and unfair trade. Chang calls for a balanced approach to cross-strait economic and trade agreements and stresses the need for open communication with society when dealing with China’s economic coercion.
    2023/11/29 21:28
  • DPP questions KMT’s stance on Chinese workers in Taiwan

    The campaign spokesperson for Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te, Chen Shih-kai, has called on Kuomintang (KMT) presidential candidate Hou Yu-ih to clarify his stance on allowing Chinese workers into Taiwan. Chen expressed concerns about the impact on the employment of Taiwan’s youth and requested an outline of supporting measures. This request for clarification follows Hou’s proposal to promote increased cross-strait exchanges, including opening up to Chinese tourists and students. Chen criticized Hou’s policy, suggesting it aimed to help alleviate China’s youth unemployment problems. He highlighted Taiwan’s strong economic abilities, contrasting it with Hong Kong’s declining stock market due to Chinese government control. Chen also criticized China’s lack of transparency regarding its economic downturn and high unemployment rate. He emphasized the importance of Taiwan’s economic development and integration with the global community, stating that the future direction of Taiwan depends on its leadership. These remarks reflect the DPP’s stance on maintaining a strong local economy and labor market while considering broader cross-strait policies and potential socioeconomic impacts.
    2023/11/29 21:06
  • CNFI to host economic forum with presidential hopefuls

    The Chinese National Federation of Industries (CNFI) will host the "2023 Taiwan Economic Development Forum — Dialogue with Future National Leaders" on Nov. 27, 29-30. The forum aims to address critical issues for Taiwan’s economic development, including industrial development, energy, environmental protection, labor force, taxation, international trade, cross-strait economic relations, long-term care, and social insurance. Key candidates for the upcoming presidential election, including Taiwan People’s Party (TPP) Chairman Ko Wen-je, Kuomintang (KMT) New Taipei Mayor Hou Yu-ih, and Democratic Progressive Party (DPP) presidential candidate Lai Ching-te, will present their policies and participate in discussions. The forum will be presided over by CNFI Chairman Matthew F.C. Miau, Chinese National Association of Industry and Commerce (CNAIC) Chairman Thomas Wu, and General Chamber of Commerce of the Republic of China (ROCCOC) Chairman Paul Hsu. The event will take place at the Taipei International Convention Center (TICC).
    2023/11/24 18:10
  • 364 companies implement reduced work shifts: MOL

    The Ministry of Labor in Taiwan has announced that 364 companies have implemented reduced work shifts, affecting a total of 9,809 employees. Among these companies, four manufacturing firms have halted or prematurely ended these initiatives due to urgent orders. The manufacturing industry has been the most impacted, with 203 businesses and 8,791 individuals affected by reduced work hours. The Department of Labor Standards and Equal Employment Director Huang Wei-chen noted that large-scale businesses are typically the first to cease these initiatives when economic conditions improve. Huang also predicted that the number of companies implementing unpaid leave may decrease by the end of the year or early next year. This situation highlights the delicate balance between ensuring employee welfare and meeting business requirements, especially in the face of current economic uncertainties. The Ministry of Labor continues to oversee work policies to protect workers while promoting strong industrial performance.
    2023/11/08 20:40
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