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Yeh Chu-lan named new chairperson of Grand Hotel Taipei
Discover how Yeh Chu-lan, with her extensive public service background, becomes the new chairperson of Grand Hotel Taipei, marking a significant leadership change.2024/08/28 17:02 -
Taiwan’s new Land Act to boost heritage preservation
Taiwan’s recent amendment to The Land Act enables public enterprises to acquire heritage land to improve preservation efforts and resolve ownership issues.2024/07/15 23:00 -
Taiwan gears up for water price hike: calls for conservation
Stay updated on Taiwan’s impending water price hike and strategies for conservation amid concerns of increased charges for high water users. Learn about potential adjustments in tariffs, efforts to mitigate impacts on large enterprises, and the importance of balancing water resource management with economic sustainability.2024/02/23 15:56 -
Legislators battle over Taiwan’s Minimum Wage Act flaws
Taiwan People’s Party (TPP) legislator Lai Hsiang-ling has called for the inclusion of a formula in the Minimum Wage Act to guarantee that wage adjustments are not lower than the inflation rate. Meanwhile, New Power Party legislator Chiu Hsien-chih has demanded that representatives from the Ministry of Labor (MOL) be involved in the wage deliberation committee and that evaluation reports be made public before meetings. Lai has expressed concern about the lack of changes in the current draft of the Minimum Wage Act and the limited number of academic representatives on the committee. She has proposed increasing the number of labor representatives and considering factors such as the consumer price index annual increase rate, previous year levels, rent, and employment dependency ratios in annual wage adjustments. Lai has also suggested barring non-compliant small and medium-sized enterprises (SMEs) from participating in government tenders.2023/12/06 14:54 -
Taiwan Q3 GDP growth revised down to 2.32%
The Directorate-General of Budget, Accounting and Statistics (DGBAS) has revised Taiwan’s third-quarter GDP growth forecast to 2.32%, down from the previous estimate of 2.54%. The revision is attributed to a slowdown in private capital formation, including government and public enterprises’ fixed investments and stock changes. However, the DGBAS official, Wang Tsui-hua, stated that Taiwan’s economy is still improving, with a third-quarter GDP growth rate of 10.47% on a seasonally adjusted annual rate (saar). If fourth-quarter forecasts are maintained, this year’s GDP will be revised downward to 1.55%.2023/11/02 19:45