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Taiwan rejects cash handouts despite tax surplus
The Minister of the Directorate-General of Budget, Accounting and Statistics in Taiwan clarifies that there will be no general cash distribution from tax surplus this year, despite speculation. The surplus, amounting to NT$386 billion, will not lead to a repeat of last year’s NT$6,000 distribution due to financial considerations and the need for special legislation.2024/03/13 18:35 -
Workers anticipate year-end bonuses as Lunar New Year nears
As the Lunar New Year approaches, Taiwanese employees await their year-end bonuses, a significant indicator of corporate success and economic health. The bonuses, reflecting the highest salaries in eight years, vary across industries, with a focus on financial planning and investment.2024/02/02 17:00 -
Taiwan eyes digital innovation in healthcare assessments
The Ministry of Health and Welfare (MOHW) in Taiwan is planning to promote digitalization in healthcare, with a focus on incorporating digital development into healthcare quality metrics. This initiative aligns with national policy directives and aims to support the national plan for digital policy. The successful pilot of virtual National Health Insurance (NHI) cards during the COVID-19 pandemic was highlighted as part of the broader commitment to digitalization. The MOHW, with support from the Ministry of Digital Affairs (MODA), is providing technological budget support for the cloud-based transition of health insurance systems at grassroots clinics. The goals of Taiwan’s digitalization healthcare system include reducing manpower on the medical end, improving healthcare quality, and increasing convenience for patients. The future strategy of the MOHW will combine financial subsidies with policy mandates, starting with medical centers. The plan is to encourage the integration of digital development into healthcare quality assessment, with the aim of fostering innovation, reducing labor costs, and enhancing healthcare quality.2023/12/19 15:11 -
Taiwan sees early retirement financial planning trend
Facing inflation and an aging society, Taiwanese individuals worry about labor insurance fund bankruptcy. Survey highlights concerns and retirement preparation.2023/08/16 19:55