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  • Strategic voting could tie Hou-Kong with Lai-Hsiao: poll

    According to a recent poll, the Democratic Progressive Party’s (DPP) "Lai-Hsiao ticket" has a support rate of 32.7%, placing them ahead in the presidential race. The Kuomintang’s (KMT) "Hou-Kong ticket" closely trails behind with 29% support. If strategic voting occurs, the Taiwan People’s Party’s (TPP) "Ko-Ying ticket" could lose 7.3% of their current support, potentially resulting in a tie between Hou-Kong and Lai-Xiao at 32.7%. Compared to the previous poll in November, the Lai-Xiao ticket has gained 4.4% support, while the Hou-Kong duo has seen a modest increase of 0.8%. Conversely, support for the Ko-Ying pair has decreased by 4.6%. The survey, conducted through landline and mobile phone interviews on December 13 and 14, involved 1,088 Taiwanese citizens aged 20 and above.
    2023/12/16 14:29
  • Taiwan’s social protection expenditure hits NT$2.53T in 2022

    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).
    2023/12/16 13:23
  • Robust growth spurs Taiwan dining firms’ market entry

    Three major food service companies in Taiwan, Jhu Jian Group, Family International Gourmet Co., Ltd., and Mercuries F&B Co., Ltd., are set to list on the emerging stock market next week. Jhu Jian Group will join the Pioneer Stock Board on Dec. 21 and plans to transition to the emerging stock market trading by Jan. 2, 2024. The group’s revenue has already surpassed that of the previous year, with projections indicating an expansion to 175 outlets by year’s end. Family International Gourmet Co., Ltd. will also list on Dec. 21, with a robust year-over-year revenue increase of 28.4% in the first eleven months. Mercuries F&B Co., Ltd. will enter the emerging stock market on Dec. 22, reporting an impressive revenue increase of 10.82% in the first eleven months. These listings reflect the strong recovery and growth in Taiwan’s food and beverage sector.
    2023/12/15 17:47
  • President highlights debt repayment, defense spending

    Taiwan’s President Tsai Ing-wen addressed criticism about her government’s spending and accusations of burdening future generations with debt. She claimed to be the best debt-repaying president and announced that her administration had repaid over NT$800 billion of debt. Tsai highlighted the increases in national spending under her leadership, including a significant hike in the national defense budget to NT$600 billion and a raise in the budget for elderly care from NT$5 billion to NT$80 billion. She also mentioned the expansion of the national child-rearing policy and the progress of the indigenous defense aircraft program. Tsai viewed the construction of a prototype submarine as a milestone that strengthens the island’s defensive capabilities.
    2023/12/15 16:40
  • Taiwan Central Bank holds interest rate steady for 3rd time

    Taiwan’s central bank has announced that it will maintain its interest rate for the third consecutive time in its quarterly board meeting. The decision was influenced by price changes and the need to balance stabilizing consumer prices with sustaining economic growth. Despite rising consumer prices due to natural disasters, the central bank remains optimistic and expects the inflation rate to drop below 2% next year. Forecasts for Taiwan’s GDP growth rate in 2023 are more positive, projected to reach 3.12%. This is supported by increasing private consumption, particularly in tourism and dining, as well as the central bank’s expectation of a global export increase to stimulate local investment and drive economic recovery. In contrast to the Federal Reserve in the U.S., Taiwan’s central bank stated that its monetary policy approach would be adjusted gradually based on the country’s economic conditions. Despite high housing prices, the central bank has decided against imposing stricter measures or withdrawing from market intervention to avoid further impact on the property market.
    2023/12/15 16:31
  • New Taipei City boosts sanitation workforce and bonuses

    The New Taipei City Environmental Protection Bureau plans to add 197 sanitation workers to its workforce in response to the heavy workload caused by the city’s vast jurisdiction. Currently, the sanitation team in New Taipei City consists of 5,298 staff members. City council member Huang Shu-chun emphasizes the need for increased staffing and highlights the improved work efficiency achieved through the use of GORE-TEX breathable raincoats in 2019. Director-General Cheng Ta-wei confirms plans to update the raincoats and increase staff numbers. The Ministry of Environment has also announced an increase in cleanliness and safety bonuses for sanitation workers employed by local governments. The cleanliness bonus cap will be raised from NT$8,000 to NT$10,000, and the safety bonus maximum will increase from NT$600 to NT$1,500, funded by local government budgets. These measures aim to improve the wellbeing of sanitation workers and maintain the cleanliness of the city.
    2023/12/12 21:25
  • CDC urges vaccinations amid death spike, new wave fears

    Taiwan’s CDC is urging high-risk groups, including seniors aged 65 and older and those with chronic illnesses, to get vaccinated promptly in anticipation of a potential new wave of COVID-19 infections by mid to late January. The urgency for vaccinations is emphasized due to the high international positivity rate for COVID-19 and fluctuating domestic cases. While there has been a slight decline in complications from new domestic cases, there has been a concerning increase in deaths, marking the highest in nearly five weeks. The CDC highlights the effectiveness of the XBB.1.5-adapted COVID-19 vaccine, which can reduce the risk of severe illness and death by 50 percent and 61 percent, respectively. Approximately 649,000 doses of the XBB vaccine have been administered nationally, with 43,400 doses given in the last week alone. The CDC also clarifies that mRNA vaccines are safe and effective, designed to enhance mRNA technology without negatively affecting biosystems.
    2023/12/12 20:29
  • Ko Wen-je reverses stance on heavy motorcycles on freeways

    Presidential candidate Ko Wen-je of the Taiwan People’s Party has shifted his stance on allowing heavy motorcycles on national freeways. Previously, he promised to open the freeways to heavy motorcycles if elected, but now suggests that if the majority opposes it, the government should amend the law accordingly. This change comes in response to public opinion polls showing that 60% of people are against the policy change. Ko cited discussions with the Drivers Union, which strongly opposes the idea, due to safety concerns such as an increase in accidents and fatalities. Additionally, Ko proposes eliminating the two-stage left turn system for motorcycles and having motorcyclists line up behind cars at traffic signals. He believes that the decision on left turns should be based on the number of lanes on the road, taking into account the specificities of different roadways.
    2023/12/12 20:06
  • Taiwan to U.S. travel nears pre-COVID levels, up 84%: MOTC

    Discover America Committee in Taiwan President Brenda Tang revealed that the U.S. travel market from Taiwan has rebounded to 84% of pre-pandemic levels, according to data from the Tourism Administration. Taiwanese travelers heading to the United States surged by 185% from January to October this year, reaching 396,913, as reported by the National Travel and Tourism Office. Flights to the U.S. during the peak summer season had load factors of over 90%, while the off-peak months of September and October maintained load factors of at least 85%. China Airlines and EVA Airways have nearly returned to pre-pandemic flight levels, and Starlux Airlines is set to launch its San Francisco route. United Airlines plans to double its Taipei to San Francisco flights, and Delta Air Lines is preparing to commence a Taipei to Seattle route. Tour package prices to the U.S. for the first quarter of next year and the Lunar New Year peak season are expected to increase by no more than 25%, offering travelers some price assurance amid growing demand.
    2023/12/12 19:26
  • Taiwan job market values certifications more in 2023

    Taiwanese job market trends are shifting, with professional certifications carrying more weight than before, according to a report by 104 Human Resource Consulting Services Company. The study found that the number of job openings requiring certifications in 2023 had increased by 8.1% compared to the previous year. Prospective employees with certifications received 35% more interview invitations than those without. English, Japanese, Vietnamese, Korean, and Thai are the most sought-after languages by employers, with the rise of the Korean Wave contributing to a significant increase in demand for Korean translation. Similarly, Thai language proficiency has witnessed an 11.9% increase due to businesses expanding into Southeast Asia. The sectors most in need of language capabilities are media, research and development, and senior management. Young professionals under 39 focus on acquiring career-boosting professional and language skills, while those over 40 diversify their learning to prepare for their career’s "second curve." Despite the availability of free online resources, working professionals prefer paid learning, with 30.8% setting a learning budget within NT$5,000. When it comes to investing in certifications, 37.5% are willing to spend over N$$20,000, reflecting the value placed on formal qualifications in today’s competitive job market.
    2023/12/12 18:57
  • TRA adds 81 trains for Taiwan election travel

    The Taiwan Railway Administration (TRA) will add 81 train services from Jan. 12 to 15 next year to accommodate travelers returning home for the presidential and legislative elections. The additional train services will cover all types of trains and aim to strengthen transportation capacity during the election period. Starting Friday at midnight, presidential and legislative election train tickets will be available for booking online, at convenience stores, and via telephone reservation system. The TRA estimates a 5.2 percent average daily increase in capacity during this period, with the west line seeing a 2.4 percent rise, the east line 12.6 percent, and the south-link line 4.7%. This will result in approximately 39,000 extra seats each day compared to regular days. Compared to the election year of 2020, the overall number of seats will increase by 8.89 percent and total seat kilometers by 9.76 percent in 2024, according to the TRA.
    2023/12/12 18:50
  • KMT Chairman Chu predicts major gains in legislative seats

    Kuomintang (KMT) Chairman Eric Chu expressed optimism about the nomination of the Hou-Jaw ticket, stating that it has boosted party morale and is projected to increase the party’s number of legislative constituencies by more than ten. Chu estimated that the KMT is likely to secure 14 to 15 legislator-at-large seats, which would give them an absolute majority in the Legislative Yuan. He highlighted the stable political landscape in the Taipei-Keelung area, the advantage in the Taoyuan-Hsinchu-Miaoli area, and potential progress in the southern regions, including Tainan, Kaohsiung, and Pintung. Chu also mentioned the strong performance of Mayor Chang San-cheng in Taoyuan and the popularity of former legislator Li Yen-hsiu in Taipei’s 4th election district. Despite criticism over the presence of second-generation officials on the KMT legislator-at-large list, Chu defended their selection, citing their substantial contributions to the public and their professions.
    2023/12/12 18:18
  • Chiang Wan-an key to winning youth vote: KMT councilor

    Taipei City Councilor and legislative candidate Yu Shu-hui highlights the crucial role Taipei Mayor Chiang Wan-an plays in attracting young voters with only 32 days remaining until the 2024 elections. Chiang’s popularity is evident as he rallies for Kuomintang (KMT) candidates in Taichung and Kaohsiung, receiving warm greetings from enthusiastic supporters. Yu advises Chiang to increase interaction with younger voters, possibly collaborating with KMT vice-presidential candidate Jaw Shaw-kong. The KMT needs to diversify its approach to connect with the electorate, as Chiang’s rising popularity adds pressure to the Democratic Progressive Party (DPP). Chiang’s strategic positioning in this election indicates the KMT’s focus on courting the youth vote and leveraging his appeal to challenge the DPP’s stronghold. As political tensions rise, all eyes will be on Chiang as he continues to campaign across Taiwan leading up to the January election.
    2023/12/12 18:00
  • Taiwan MOE to review special ed teacher pay amid exodus

    The Ministry of Education in Taiwan is reviewing whether to increase the allowance for special education teachers due to a significant attrition rate in the field. Special education teachers are leaving the profession due to increased administrative duties and stagnant wages. The special allowance for these teachers has remained unchanged for 32 years. Concerns have been raised about the heavy workload and lack of compensation for summer and winter breaks. The Taiwan Special Education Professional Personnel Association has proposed raising the allowance to incentivize teachers to stay. The Ministry of Education has acknowledged the need to enhance special education services and is considering adjusting the compensation scheme. They are also exploring the possibility of allowing administrative supervisors to receive full extra-duty pay despite a reduction in teaching hours. The ministry aims to ensure fair treatment and reflect the realities of the educational environment.
    2023/12/12 17:32
  • TRA eyes punctuality boost with 2024 corporatization

    Taiwan Railways Administration (TRA) is set to undergo corporatization on January 1, 2024, with the aim of improving punctuality and reducing delays. The agency believes that this transformation, along with the introduction of new trains next year, will enhance its competitiveness in the transport market. The Taiwan High Speed Rail (THSR) has experienced increased passenger numbers recently, leading to capacity shortages and overcrowding in non-reserved seating. Concerns have been raised about the decline in THSR service quality, with some referring to it as "high-speed rail becoming like local trains." Under the new Taiwan Railways Corporation, TRA plans to offer services on the eastern main line and support the western short-to-medium-haul network, creating a cooperative yet competitive relationship with THSR. TRA aims to enhance the passenger experience by updating ticket gates and passenger information systems across all railway stations in Taiwan over the next three years. To address the capacity issue, TRA plans to provide shuttle services at Changhua Station and improve inter-rail transfer services. The establishment of the TRA corporation aims to clarify its market positioning, including strengthening intercity transport service between the eastern and western main lines and improving regional commuting transport on the western line. The Ministry of Transportation and Communications (MOTC) has established a debt repayment fund to address TRA’s short-term debt of around NT$170 billion, with the goal of making TRA debt-free by 2025 and profitable by 2028. Post-corporatization, TRA plans to increase revenue and optimize asset management through flexible approaches such as joint development initiatives and land rights establishment.
    2023/12/12 17:03
  • Taiwan’s Type B flu cases rise as Lunar New Year nears

    Taiwan’s Centers for Disease Control (CDC) warns of a potential flu epidemic around the Lunar New Year due to an increase in Type B influenza infections. Over 6 million government-funded flu vaccines have been administered, with a vaccination rate exceeding 50% among senior citizens. Several counties have reached the target vaccination rate of 55% for seniors. Influenza outpatient and emergency department visits have shown a recent downward trend, but adenoviruses remain the leading respiratory pathogens. H3N2 is more prevalent than H1N1, with a rising proportion of Type B influenza cases. There have been 14 new severe influenza complications and three additional deaths, mainly affecting individuals with chronic illnesses who were unvaccinated. As of December 11, 6.098 million public-funded flu vaccine doses have been administered, achieving a vaccination rate of 50.4%. Officials urge eligible citizens to promptly get vaccinated, as approximately 500,000 doses of government-funded flu vaccine remain.
    2023/12/12 16:59
  • Low interest in Taiwan’s ’3+1’ military study program

    The Ministry of National Defense has confirmed that only five students have applied for the "3+1 program," which allows for three years of university study followed by one year of military service. Defense Minister Chiu Kuo-cheng addressed concerns about the program’s administrative process and gender regulations, as only male students are currently eligible. The Ministry of Education implemented the program guidelines in June, and the military is working on improving the training aspect to increase efficiency and accessibility.
    2023/12/12 13:41
  • EVA profits soar as pilot wages lag, union plans strike

    The Taoyuan Union of Pilots (TUP) has revealed that EVA Airways pilots have experienced a more than 10% decrease in real wages since 2011, resulting in a nearly 10% loss of the national pilot workforce. TUP accuses EVA of collaborating with illegal brokers to recruit foreign pilots, potentially jeopardizing flight safety. EVA pilots have unanimously passed a resolution to proceed with a strike vote, with details to be announced soon. Despite EVA’s record-high pre-tax profit, pilot wages have been frozen since 2011. Last year, pilot salaries were marginally adjusted, failing to keep up with the rising Consumer Price Index, resulting in a real wage decrease of 10% to 12%. The per diem for pilots, unchanged for 30 years, saw a minimal increase last year. Over a hundred national pilots, mostly experienced, have left EVA in the past year. The union criticizes EVA for cost-cutting measures that have led to staff resignations and safety incidents. They are urging the Ministry of Transportation and Communications to intervene and are planning a potential legal strike.
    2023/12/12 13:36
  • Yunlin boosts subsidies to tackle low birth rates

    Yunlin County plans to increase childbirth subsidies in four townships starting January 1, 2024, as part of efforts to boost birth rates. Dongshi Township, Citong Township, Dounan Town, and Erlun Township will offer subsidies of NT$20,000, NT$12,000, NT$10,000, and NT$6,000 respectively. The county government is also working on further augmenting childbirth allowances. Currently, seven townships in Yunlin County provide additional childbirth or nutritional subsidies, as the county has seen a decline in newborns from 3,340 in 2022 to 2,939 by November 2023. With 11 townships reporting fewer than 100 newborns, the declining birth rates are a wider issue affecting the entire region. Yunlin County Commissioner Chang Li-shan recognizes Taiwan’s demographic crisis and emphasizes the county’s proactive approach in addressing the challenge, with more details on enhanced benefits for expecting families to be announced soon.
    2023/12/12 11:38
  • Taiwan’s TAIEX hits year high, crosses 17,500 mark

    Taiwan’s stock market opened strong on Tuesday, reaching a new high for the year of 17,528 points, surpassing the 17,500 mark. This increase came after a rise in U.S. stocks on Monday. The Taiwan Stock Exchange Weighted Index (TAIEX) climbed by 78.65 points to 17,496.99 points, with a trading volume of NT$36.387 billion as of 9:06 a.m. Leading the gainers in early trading were Taiwan Semiconductor Manufacturing Co. (TSMC), Largan Precision, and Foxconn. This week, as the market enters a central bank super week, banks in the U.S. and Europe are expected to announce their final rate decisions for the year. Taiwan’s Financial Supervisory Commission (FSC) chairman Huang Tien-mu expressed the government’s commitment to stabilizing the capital market and highlighted the resilience of Taiwan’s stock market. Huang assured that the FSC is prepared to manage the impact of the Federal Reserve’s decisions on the market.
    2023/12/12 10:24
  • Taiwan’s manufacturing sector shows signs of recovery

    Taiwan’s manufacturing sector shows signs of recovery with increased overtime hours in October, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS). Manufacturers’ overtime climbed to 15.4 hours, a 1.6-hour increase from the previous year, marking continuous growth over four months and a return to 2021 levels. The average regular wage from January to October 2022 was NT$45,441, a 2.49% year-over-year increase. The total average salary within the same period was NT$59,270, up by 1.53%. However, when adjusted for inflation, the real average regular earnings only inched up 0.06%, and the real total earnings witnessed a slip of 0.87% year-over-year, the first negative growth in nearly seven years. This decline in total real wages is attributed to tepid exports and the rising cost of living. Employment in the industrial and service sectors stood at 8.19 million people as of October, with a slight increase compared to September 2021 and largely unchanged from October 2021. The service sector gained 41,000 employees in October, offsetting the decrease in the industrial sector. Throughout the first ten months of 2022, the average number of employed workers was 8.175 million, with the accommodation and food services and arts, entertainment, and recreational services sectors seeing new hires while the manufacturing sector lost jobs. In October 2022 alone, the average regular salary for employed workers was NT$45,564, a 2.31% annual rise, and the average total wage for the month was NT$51,143, a 1.35% increase from the previous year.
    2023/12/12 10:19
  • Taiwan sees first real wage decline in seven years

    Taiwan’s average regular earnings for employed workers increased by 2.49% from January to October, reaching NT$45,441. However, this growth is the lowest in the past three years, with total earnings, including bonuses and other irregular income, only up by 1.53%. The average monthly real wage slightly increased by 0.06% to NT$41,370, while the average total real wage decreased by 0.87% to NT$53,960, the first decline in seven years. This decline is attributed to a decrease in year-end bonuses following a cooling economy and a decrease in exports. Despite an overall increase in employment of 10,000 workers compared to last year, the manufacturing industry saw a significant drop of 27,000 employees due to economic adjustments. In October, the average regular wage was NT$45,564, up 0.13% from the previous month and 2.31% year-on-year. Part-time workers’ average hourly regular earnings increased marginally to NT$200, reflecting a 1.01% year-on-year gain. While industries such as arts, entertainment, and leisure services, as well as real estate, experienced wage increases, sectors like computer, electronic, and optical product manufacturing saw significant decreases in total wages by 18.54%. The employment numbers in manufacturing have been impacted by export decline, with an increase of 10,000 employed workers from January to October. The industrial sector saw a decrease of 0.63%, while the service sector grew by 0.67%. Accommodation and food services experienced a growth of 13,000 jobs, arts, entertainment, and leisure services saw an upsurge of 7,000, but manufacturing was hit with a reduction of 27,000 employees.
    2023/12/12 10:17
  • MOTC hosts cultural event at Toronto Eaton Center

    The Tourist Administration of the Ministry of Transport and Communications (MOTC) organized a two-day event at the Toronto Eaton Centre in Canada, showcasing Taiwan’s attractions. The event featured various activities, including VR experiences, calligraphy bookmark crafting, pinball games, indigenous beadwork, and oil-paper umbrella painting workshops. The Taipei Economic and Cultural Office in Toronto reported a significant increase in Canadian visitors to Taiwan, with a 1366.17 percent rise compared to the previous year. However, the number of visitors has not yet returned to pre-COVID-19 levels. In an effort to boost tourism, Taiwan has waived visa requirements for Canadians, positioning itself as an ideal winter getaway. Taiwan’s picturesque mountains, coastlines, and diverse urban and small-town landscapes make it a perfect destination for leisurely exploration.
    2023/12/11 20:32
  • University in Taoyuan ramps up security after attack

    A security incident at a university in Taoyuan City has raised concerns about campus safety measures. Following the attack on four students, it was discovered that surveillance cameras were absent in the school’s administrative building corridors. In response, the university administration plans to increase patrols, install additional surveillance cameras, and identify 14 potentially dangerous areas on campus. The school has also installed panic buttons in restrooms and emergency phones next to elevators to enhance emergency response measures. Students are advised to avoid roaming alone or leaving the campus late and to be aware of potential safety risks. The incident occurred when a man unlawfully entered the campus and assaulted a clerk before attacking four students. Wang, the assailant, was subdued by students and campus security personnel until police arrived and took him into custody.
    2023/12/11 20:10
  • Taiwan politics sees more women leaders despite challenges

    Taiwan’s political scene is evolving with an increase in female participation and leadership. The nation leads in gender equality, ranking high in the U.N. Gender Inequality Index. Despite challenges highlighted by the #MeToo movement, Taiwan is focusing on empowering more women in politics.
    2023/12/11 17:10
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